Whiting Posts 2Q12 Results vs Others

2Q12 production up 26% yoy; $1.27/share; ups 2012 production guidance; ups 2012 CAPEX budget;

Compare to others reporting today (or earlier):

• COP:   tough report for COP;  $1.80/share vs $2.41/share yoy; 
• NFX: tough report; $1.00/share vs $1.62/share yoy; July corporate presentation; raises production forecast, doesn't mention the Bakken; earnings call at SeekingAlpha.com;
• STR: 22 cents vs 22 cents yoy; misses on revenue;
• WFT: ugly;  

I am overwhelmed during "earnings season" and can't possibly find all the stories, much less read them, and comment on them, so I will depend on others to help.

Comments from readers

On Newfield's conference call: The reason they don't like the Williston Basin and prefer to talk about their other plays (Unita and Monument Basin) is cost. Newfield spends at least twice as much, and usually more, per well in the Bakken than the plays in Utah. But one thing they make perfectly clear: the EUR's haven't been compared and the Bakken, in my opinion, will surely prove to be the greater of the two. [Comment: I am biased, but I agree. Thank you for taking time to write.]