Investor interest in the oil and gas E&P industry continues to grow with the price of crude now at over $100 per barrel. One company operating in the industry that stands out for all the right reasons, particularly as it now appears heavily under-valued is mid-cap Whiting Petroleum (NYSE:WLL). The company is poised to grow production and expand its sales, with the sale of its Postle assets leaving it well positioned to continue funding investment in the resource-rich Niobrara and Bakken formations. As such Whiting is unfairly valued by the market and offers investors potential upside of just over 40%.
Investment case summary
Even though Whiting's shares have already surged by just under 50% year-to-date, the company...
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