10 Best Building Product Stocks To Watch For 2015

10 Best Building Product Stocks To Watch For 2015: Whiting Petroleum Corporation(WLL)

Whiting Petroleum Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and gas primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast, and Michigan regions of the United States. As of December 31, 2010, its estimated proved reserves were 304.9 million barrels equivalent of oil; and had interests in 9,698 gross productive wells covering approximately 1,115,000 gross developed acres. The company sells its oil and gas to end users, marketers, and other purchasers. Whiting Petroleum Corporation was founded in 1983 and is Denver, Colorado.

Advisors' Opinion:

• [By Value Investor]

  Whiting Petroleum Corporation (WLL) is an independent oil and gas company that acquires, explores, develops and produces crude oil, natural gas liquids and natural gas in the United States. The company's largest projects are in the Bakken and Three Forks play in North Dakota, the Redtail Niobara play in northeast Colorado and its enhanced oil recovery field in Texas.

• [By Robert Rapier]

  The second largest producer in the Bakken is Whiting Petroleum (NYSE: WLL), which averaged 80,195 boe/d in Q2 2014, an increase of 33% in a year. Whiting has a total of 674,162 net acres in the Williston Basin in North Dakota and Montana. Whiting has held the top producer spot in the past, and should soon regain that spot. It recently announced a $6 billion all stock acquisition of Kodiak Oil & Gas (NYSE: KOG), the eighth largest oil producer in the Bakken. The transaction will create the largest Bakken/Three Forks producer, with production of more than 107,000 boe/d in the first quarter of 2014, 855,000 combined net acres and an inventory of 3,460 net future drilling locations.

• [By Tyler Crowe]

  Despite ! the fact that Kodiak Oil & Gas (NYSE: KOG  ) has decided to be acquired by Whiting Petroleum (NYSE: WLL  ) for slightly less than market value for similar deals recently, Wall Street seems to love the transaction. Both Kodiak and Whiting have seen shares climb by 10.1% and 10.4%, respectively, following the announcement, which suggests there might have been something bigger to the deal. Let's take a look at what has changed recently for Kodiak and how that could impact other smaller players in the Bakken such as Oasis Petroleum (NYSE: OAS  ) and Triangle Petroleum (NYSEMKT: TPLM  ) .

source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-building-product-stocks-to-watch-for-2015.html