Whiting Petroleum (WLL)

dan_s · Post by **dan_s** » Fri Nov 02, 2012 9:49 am

Sweet 16 Growth Portfolio: An updated company profile for Whiting Petroleum (WLL) has been posted under the Sweet 16 Tab.

You guys should read this profile. Whiting continues to trade at less than 4X cash flow per share, which is a ridiculously low multiple for a company that has such an attractive acreage position in the Bakken. They also have significant assets in the Permian Basin and in western Oklahoma. I think it is a likely takeover target for any major that wants in on the Bakken.

First Call's target price is $59/share and I can see a lot more upside.