Oil and gas company Whiting Petroleum (NYSE:WLL) has released some figures on its capital expenditures for 2013. While capital expenditures are inline with 2012 figures, 2013 holds more promise for shareholders. In this video, Motley Fool energy analyst Joel South explains why Whiting is undervalued compared to its peers and what the company can do to increase it value, ultimately benefiting its shareholders.

Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Denbury Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.