Whiting USA Trust II P/E
What is the P/E of Whiting USA Trust II?
The P/E of Whiting USA Trust II is 0.61
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Energy sector on OTC compared to Whiting USA Trust II
What does Whiting USA Trust II do?
Whiting USA Trust II holds a term net profits interest in the oil and gas producing properties located in the Permian Basin, Rocky Mountains, Gulf Coast, and Mid-Continent regions of the United States. Its oil and gas properties include interests in approximately 364.1 net producing oil and natural gas wells located in 42 predominately mature fields with established production profiles in 8 states. The company was founded in 2011 and is based in Houston, Texas. Whiting USA Trust II is a subsidiary of Whiting Petroleum Corporation.
Companies with p/e similar to Whiting USA Trust II
- Novacyt S.A has P/E of 0.59
- Silver Elephant Mining has P/E of 0.59
- AuKing Mining has P/E of 0.60
- United American Healthcare has P/E of 0.60
- Peach Property AG has P/E of 0.60
- Circle Property Plc has P/E of 0.60
- Whiting USA Trust II has P/E of 0.61
- Athabasca Minerals has P/E of 0.61
- Companhia Brasileira De Distribuicao has P/E of 0.61
- Avast Plc has P/E of 0.62
- Regeneus Ltd has P/E of 0.63
- Huize Ltd has P/E of 0.63
- International Paper APPM has P/E of 0.63