SOURCE: World Street Fundamentals

September 30, 2011 09:00 ET

Factors Moving Markets, Worldwide View - Equity Research on Whiting Petroleum Corporation and Plains Exploration & Production Company

HONG KONG--(Marketwire - Sep 30, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Whiting Petroleum Corporation (NYSE: WLL) and Plains Exploration & Production Company (NYSE: PXP). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=WLL+PXP.

Continued confidence in long-term U.S. debt is defying S&P's recent downgrade. Treasury yields continue at their lowest levels since January 1, 2011 as the market moved to "safe investments" weary of the storm clouds ahead. Winds can change however, as a last-minute move to save the U.S. from a historic default on its debt obligations. Attentions are now turned to the situation in Europe, with the health of the Euro in the balance; bankers are looking to prevent defaults on Italian and Spanish debt.

As a result of recent credit adjustments, opportunity is being marked for investors to take advantage of equities with high-margin and specialty products. Market-wise investors are carefully watching for value within equities boasting established pipelines and excellent growth prospects. As part of this process, the following companies have been introduced with initial research reports available online.

World Street Fundamentals has highlighted Whiting Petroleum Corporation for its current position within the basic materials industry. Whiting Petroleum Corporation is an independent oil and gas company. It is engaged in acquisition, development, exploitation, production and exploration activities primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. During the year ended December 31, 2010, its average daily production was 64. The entire report on Whiting Petroleum Corporation (NYSE: WLL) is available here: www.WorldStreetFundamentals.com/Report.php?id=WLL.

World Street has featured Plains Exploration & Production Company for its development within the basic materials industry. Plains Exploration & Production Company (PXP) is an independent oil and gas company engaged in the upstream oil and gas business. The upstream business acquires, develops, explores for and produces oil and gas. Its upstream activities are located in the United States. The entire report on Plains Exploration & Production Company (NYSE: PXP) is available here: www.WorldStreetFundamentals.com/Report.php?id=PXP.

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