Whiting Petroleum Corp
NYSE:WLL
Income Statement
Earnings Waterfall
Whiting Petroleum Corp
Revenue
|
1.8B
USD
|
Cost of Revenue
|
-276.9m
USD
|
Gross Profit
|
1.5B
USD
|
Operating Expenses
|
-420.2m
USD
|
Operating Income
|
1.1B
USD
|
Other Expenses
|
-664.5m
USD
|
Net Income
|
391.4m
USD
|
Income Statement
Whiting Petroleum Corp
Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
2 012
N/A
|
2 065
+3%
|
2 138
+4%
|
2 184
+2%
|
2 343
+7%
|
2 529
+8%
|
2 667
+5%
|
2 783
+4%
|
2 957
+6%
|
3 055
+3%
|
3 025
-1%
|
2 823
-7%
|
2 648
-6%
|
2 347
-11%
|
2 093
-11%
|
1 862
-11%
|
1 549
-17%
|
1 360
-12%
|
1 285
-6%
|
1 367
+6%
|
1 341
-2%
|
1 350
+1%
|
1 481
+10%
|
1 625
+10%
|
1 840
+13%
|
2 083
+13%
|
2 081
0%
|
1 956
-6%
|
1 856
-5%
|
1 665
-10%
|
1 572
-6%
|
1 428
-9%
|
1 093
-23%
|
901
-18%
|
732
-19%
|
795
+9%
|
1 055
+33%
|
1 272
+21%
|
1 534
+21%
|
1 753
+14%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(345)
|
(361)
|
(377)
|
(382)
|
(397)
|
(412)
|
(430)
|
(445)
|
(459)
|
(474)
|
(497)
|
(549)
|
(574)
|
(575)
|
(556)
|
(504)
|
(465)
|
(428)
|
(395)
|
(371)
|
(352)
|
(355)
|
(367)
|
(369)
|
(373)
|
(374)
|
(312)
|
(303)
|
(301)
|
(294)
|
(328)
|
(317)
|
(283)
|
(249)
|
(232)
|
(221)
|
(233)
|
(244)
|
(260)
|
(277)
|
|
Gross Profit |
1 668
N/A
|
1 704
+2%
|
1 761
+3%
|
1 803
+2%
|
1 946
+8%
|
2 116
+9%
|
2 236
+6%
|
2 338
+5%
|
2 498
+7%
|
2 582
+3%
|
2 528
-2%
|
2 275
-10%
|
2 075
-9%
|
1 772
-15%
|
1 537
-13%
|
1 359
-12%
|
1 084
-20%
|
933
-14%
|
890
-5%
|
996
+12%
|
989
-1%
|
995
+1%
|
1 115
+12%
|
1 256
+13%
|
1 468
+17%
|
1 708
+16%
|
1 770
+4%
|
1 652
-7%
|
1 555
-6%
|
1 371
-12%
|
1 244
-9%
|
1 111
-11%
|
810
-27%
|
652
-20%
|
500
-23%
|
574
+15%
|
822
+43%
|
1 028
+25%
|
1 273
+24%
|
1 476
+16%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(870)
|
(944)
|
(1 038)
|
(1 097)
|
(1 196)
|
(1 280)
|
(1 343)
|
(1 393)
|
(1 438)
|
(1 493)
|
(1 607)
|
(1 650)
|
(1 723)
|
(1 746)
|
(1 714)
|
(1 714)
|
(1 632)
|
(1 559)
|
(1 418)
|
(1 326)
|
(1 233)
|
(1 154)
|
(1 220)
|
(1 173)
|
(1 167)
|
(1 169)
|
(1 135)
|
(1 155)
|
(1 172)
|
(1 190)
|
(1 158)
|
(1 148)
|
(993)
|
(846)
|
(648)
|
(476)
|
(434)
|
(390)
|
(403)
|
(420)
|
|
Selling, General & Administrative |
(264)
|
(275)
|
(280)
|
(282)
|
(299)
|
(341)
|
(363)
|
(376)
|
(397)
|
(392)
|
(430)
|
(426)
|
(424)
|
(407)
|
(356)
|
(338)
|
(297)
|
(268)
|
(256)
|
(248)
|
(246)
|
(244)
|
(248)
|
(254)
|
(270)
|
(291)
|
(343)
|
(347)
|
(355)
|
(353)
|
(313)
|
(319)
|
(281)
|
(255)
|
(209)
|
(172)
|
(172)
|
(172)
|
(190)
|
(212)
|
|
Research & Development |
(42)
|
(43)
|
(59)
|
(68)
|
(79)
|
(97)
|
(95)
|
(100)
|
(89)
|
(73)
|
(87)
|
(89)
|
(108)
|
(117)
|
(115)
|
(104)
|
(82)
|
(70)
|
6
|
15
|
19
|
20
|
(36)
|
(35)
|
(34)
|
(30)
|
(22)
|
(27)
|
(32)
|
(37)
|
(37)
|
(35)
|
(37)
|
(36)
|
(28)
|
(20)
|
(9)
|
(3)
|
(7)
|
(6)
|
|
Depreciation & Amortization |
(567)
|
(624)
|
(685)
|
(730)
|
(787)
|
(825)
|
(881)
|
(912)
|
(959)
|
(1 024)
|
(1 076)
|
(1 118)
|
(1 172)
|
(1 203)
|
(1 223)
|
(1 257)
|
(1 239)
|
(1 207)
|
(1 158)
|
(1 086)
|
(1 002)
|
(930)
|
(935)
|
(883)
|
(864)
|
(848)
|
(770)
|
(780)
|
(784)
|
(798)
|
(805)
|
(791)
|
(671)
|
(551)
|
(404)
|
(275)
|
(244)
|
(206)
|
(198)
|
(194)
|
|
Other Operating Expenses |
3
|
(2)
|
(14)
|
(17)
|
(32)
|
(17)
|
(4)
|
(6)
|
8
|
(4)
|
(14)
|
(16)
|
(20)
|
(20)
|
(20)
|
(15)
|
(15)
|
(15)
|
(10)
|
(7)
|
(4)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
|
Operating Income |
798
N/A
|
760
-5%
|
723
-5%
|
706
-2%
|
750
+6%
|
836
+11%
|
894
+7%
|
944
+6%
|
1 060
+12%
|
1 089
+3%
|
921
-15%
|
625
-32%
|
351
-44%
|
26
-93%
|
(177)
N/A
|
(355)
-100%
|
(549)
-54%
|
(627)
-14%
|
(528)
+16%
|
(331)
+37%
|
(245)
+26%
|
(159)
+35%
|
(106)
+34%
|
83
N/A
|
300
+262%
|
539
+79%
|
635
+18%
|
498
-22%
|
383
-23%
|
182
-52%
|
86
-53%
|
(37)
N/A
|
(183)
-395%
|
(194)
-6%
|
(148)
+24%
|
98
N/A
|
388
+295%
|
638
+65%
|
870
+36%
|
1 056
+21%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
53
|
(97)
|
14
|
8
|
(68)
|
(92)
|
(119)
|
(133)
|
(205)
|
(171)
|
(68)
|
(66)
|
(192)
|
(53)
|
(114)
|
(136)
|
(20)
|
(198)
|
(556)
|
(554)
|
(506)
|
(530)
|
(313)
|
(333)
|
(456)
|
(447)
|
(211)
|
(217)
|
(90)
|
(39)
|
(243)
|
54
|
54
|
46
|
76
|
(259)
|
(495)
|
(596)
|
(533)
|
(814)
|
|
Non-Reccuring Items |
(56)
|
(60)
|
(108)
|
(108)
|
(113)
|
(118)
|
(363)
|
(363)
|
(361)
|
(361)
|
(768)
|
(810)
|
(817)
|
(3 338)
|
(2 659)
|
(2 528)
|
(2 698)
|
(128)
|
(169)
|
(257)
|
(82)
|
(523)
|
(1 303)
|
(1 329)
|
(1 317)
|
(915)
|
(79)
|
(45)
|
(42)
|
(33)
|
(12)
|
(3 720)
|
(4 168)
|
(3 919)
|
(3 923)
|
(206)
|
254
|
92
|
92
|
92
|
|
Gain/Loss on Disposition of Assets |
15
|
1
|
3
|
3
|
7
|
123
|
129
|
139
|
138
|
21
|
28
|
20
|
(46)
|
(47)
|
(61)
|
(66)
|
(3)
|
(193)
|
(185)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
20
|
25
|
30
|
34
|
33
|
32
|
32
|
32
|
31
|
31
|
31
|
29
|
25
|
21
|
17
|
15
|
15
|
15
|
11
|
(175)
|
(177)
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
66
|
|
Pre-Tax Income |
829
N/A
|
630
-24%
|
662
+5%
|
642
-3%
|
609
-5%
|
781
+28%
|
572
-27%
|
620
+8%
|
663
+7%
|
609
-8%
|
144
-76%
|
(202)
N/A
|
(680)
-237%
|
(3 391)
-399%
|
(2 994)
+12%
|
(3 071)
-3%
|
(3 255)
-6%
|
(1 130)
+65%
|
(1 427)
-26%
|
(1 316)
+8%
|
(1 009)
+23%
|
(1 203)
-19%
|
(1 721)
-43%
|
(1 579)
+8%
|
(1 473)
+7%
|
(823)
+44%
|
344
N/A
|
235
-32%
|
251
+7%
|
110
-56%
|
(169)
N/A
|
(3 704)
-2 092%
|
(4 297)
-16%
|
(4 068)
+5%
|
(3 995)
+2%
|
(367)
+91%
|
147
N/A
|
135
-8%
|
429
+218%
|
400
-7%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(311)
|
(235)
|
(248)
|
(240)
|
(223)
|
(274)
|
(206)
|
(231)
|
(258)
|
(250)
|
(79)
|
51
|
228
|
917
|
774
|
786
|
818
|
(134)
|
88
|
62
|
(10)
|
590
|
560
|
521
|
482
|
240
|
(1)
|
24
|
0
|
0
|
(72)
|
(97)
|
(73)
|
(5)
|
68
|
0
|
0
|
0
|
(1)
|
(8)
|
|
Income from Continuing Operations |
518
|
395
|
414
|
402
|
386
|
507
|
366
|
389
|
405
|
359
|
65
|
(150)
|
(451)
|
(2 474)
|
(2 219)
|
(2 285)
|
(2 437)
|
(1 265)
|
(1 339)
|
(1 254)
|
(1 019)
|
(613)
|
(1 161)
|
(1 059)
|
(991)
|
(583)
|
343
|
259
|
251
|
110
|
(241)
|
(3 801)
|
(4 370)
|
(4 073)
|
(3 926)
|
(299)
|
214
|
135
|
428
|
391
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
519
N/A
|
395
-24%
|
414
+5%
|
402
-3%
|
386
-4%
|
507
+31%
|
366
-28%
|
389
+6%
|
405
+4%
|
359
-11%
|
65
-82%
|
(150)
N/A
|
(451)
-200%
|
(2 474)
-448%
|
(2 219)
+10%
|
(2 285)
-3%
|
(2 437)
-7%
|
(1 265)
+48%
|
(1 339)
-6%
|
(1 254)
+6%
|
(1 019)
+19%
|
(613)
+40%
|
(1 238)
-102%
|
(1 136)
+8%
|
(1 068)
+6%
|
(660)
+38%
|
343
N/A
|
259
-24%
|
251
-3%
|
110
-56%
|
(241)
N/A
|
(3 801)
-1 476%
|
(4 370)
-15%
|
(4 073)
+7%
|
(3 926)
+4%
|
(299)
+92%
|
214
N/A
|
135
-37%
|
428
+218%
|
391
-9%
|
|
EPS (Diluted) |
17.46
N/A
|
13.31
-24%
|
13.95
+5%
|
13.49
-3%
|
370.62
+2 647%
|
845.17
+128%
|
610.17
-28%
|
648.17
+6%
|
675.5
+4%
|
598.67
-11%
|
92.57
-85%
|
-167.11
N/A
|
-451.1
-170%
|
-2 474.2
-448%
|
-2 219.2
+10%
|
-2 284.8
-3%
|
-2 215
+3%
|
-903.21
+59%
|
-892.73
+1%
|
-696.89
+22%
|
-566.33
+19%
|
-340.39
+40%
|
-687.61
-102%
|
-630.94
+8%
|
-561.89
+11%
|
-347.26
+38%
|
180.26
N/A
|
143.67
-20%
|
139.33
-3%
|
61.28
-56%
|
-134
N/A
|
-2 111.61
-1 476%
|
-2 427.5
-15%
|
-106.9
+96%
|
-102.79
+4%
|
-7.72
+92%
|
5.48
N/A
|
3.4
-38%
|
10.61
+212%
|
9.99
-6%
|