GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Whiting Petroleum Corp (NYSE:WLL) » Definitions » Operating Margin %

Whiting Petroleum (Whiting Petroleum) Operating Margin % : 63.67% (As of Mar. 2022)


View and export this data going back to 2003. Start your Free Trial

What is Whiting Petroleum Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Whiting Petroleum's Operating Income for the three months ended in Mar. 2022 was $335 Mil. Whiting Petroleum's Revenue for the three months ended in Mar. 2022 was $527 Mil. Therefore, Whiting Petroleum's Operating Margin % for the quarter that ended in Mar. 2022 was 63.67%.

The historical rank and industry rank for Whiting Petroleum's Operating Margin % or its related term are showing as below:

WLL' s Operating Margin % Range Over the Past 10 Years
Min: -92.08   Med: 6.08   Max: 60
Current: 60


WLL's Operating Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 8.04 vs WLL: 60.00

Whiting Petroleum's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Whiting Petroleum's Operating Income for the three months ended in Mar. 2022 was $335 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2022 was $1,052 Mil.


Whiting Petroleum Operating Margin % Historical Data

The historical data trend for Whiting Petroleum's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Whiting Petroleum Operating Margin % Chart

Whiting Petroleum Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.86 28.30 4.35 - 56.48

Whiting Petroleum Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.25 53.68 58.98 61.48 63.67

Competitive Comparison of Whiting Petroleum's Operating Margin %

For the Oil & Gas E&P subindustry, Whiting Petroleum's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Whiting Petroleum's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Whiting Petroleum's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Whiting Petroleum's Operating Margin % falls into.



Whiting Petroleum Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Whiting Petroleum's Operating Margin % for the fiscal year that ended in Dec. 2021 is calculated as

Operating Margin %=Operating Income (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=866.134 / 1533.481
=56.48 %

Whiting Petroleum's Operating Margin % for the quarter that ended in Mar. 2022 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=335.424 / 526.856
=63.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Whiting Petroleum  (NYSE:WLL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Whiting Petroleum Operating Margin % Related Terms

Thank you for viewing the detailed overview of Whiting Petroleum's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Whiting Petroleum (Whiting Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1700 Lincoln Street, Suite 4700, Denver, CO, USA, 80203-4547
Whiting Petroleum Corp is a US-based independent oil and gas company. It is engaged in the development, production, acquisition, and exploration activities primarily in the Rocky Mountains region of the United States. It explores the production of crude oil, natural gas liquids, and natural gas. The operations of the company are principally carried out in the United States. It derives revenue from the sales of oil, natural gas liquids, and natural gas.
Executives
Janet Carrig director ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
James P Henderson officer: Former EVP Finance & CFO 1625 BROADWAY, SUITE 250, DENVER CO 80202
Charles J. Rimer officer: Former EVP Operations & COO NOBLE ENERGY INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Anne Taylor director 800 GESSNER, SUITE 500, HOUSTON TX 77024
Paul Korus director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Lynn A Peterson director, officer: Former President & CEO 1625 BROADWAY, SUITE 250, DENVER CO 80202
Rice Daniel J. Iv director 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Susan M Cunningham director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Michael Scott Regan officer: VP, Legal, GC and Secretary 1700 LINCOLN, SUITE 4700, DENVER CO 80203
Sirikka R Lohoefener officer: Vice President and Controller 1700 BROADWAY, SUITE 2300 DENVER CO 80290
Stockton Jo Ann F. officer: Vice President, Commercial 1700 LINCOLN STREET SUITE 4700 DENVER CO 80203
Philip Edward Doty director 5160 PRESERVE PARKWAY NORTH GREENWOOD VILLAGE CO 80121
Lyne B Andrich director
Michael G Hutchinson director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112

Whiting Petroleum (Whiting Petroleum) Headlines

From GuruFocus