BidaskClub Lowers Whiting Petroleum Corporation (NYSE:WLL) to Strong Sell

Several research analysts recently commented on WLL shares. The oil and gas exploration company reported ($0.15) EPS for the quarter, topping the Zacks' consensus estimate of ($0.22) by $0.07. KCG Holdings Inc. boosted its position in Whiting Petroleum Corporation by 89.5% in the first quarter.

In Oil & Gas Drilling & Exploration Industry, Whiting Petroleum Corporation (WLL) have 373.15 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Schwab Charles Investment Management Inc. now owns 1,024,152 shares of the oil and gas exploration company's stock worth $9,689,000 after buying an additional 156,586 shares during the last quarter. During the same quarter in the prior year, the firm posted ($0.85) earnings per share. The Company has 52-week high of $13.39 and 52-week low of $4.81. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. The legal version of this story can be viewed at The stock has a 50 day moving average of $6.88 and a 200 day moving average of $9.51. Quantbot Technologies LP raised its position in shares of Whiting Petroleum Corporation by 269.7% in the first quarter. Overall, 19.4 Million shares exchanged hands versus its average trading volume of 20.42 Million shares. Institutional investors and hedge funds own 82.20% of the company's stock.

Price/Earnings to growth ratio for the company is -1.69 and the stock shows its Price/Sales (ttm) of 1.49 and Price/Book for the most recent quarter of 0.37. Equities analysts anticipate that Whiting Petroleum Corporation will post ($0.60) earnings per share for the current year.

An issue of Whiting Petroleum Corporation (NYSE:WLL) bonds fell 1.4% against their face value during trading on Thursday.

Whiting Petroleum Corporation (NYSE:WLL) last issued its quarterly earnings results on Wednesday, April 26th. Finally, Royal Bank Of Canada reiterated a "hold" rating and set a $14.00 price target on shares of Whiting Petroleum Corporation in a research report on Friday, March 24th. Par Capital Management Inc acquired 125,000 shares as Whiting Pete Corp New (WLL)'s stock declined 20.16%. Amalgamated Bank boosted its position in Whiting Petroleum Corporation by 4.3% in the first quarter. The firm had revenue of $371.30 million during the quarter, compared to the consensus estimate of $359.28 million. Past 5 years growth of Whiting Petroleum Corp (NYSE:WLL) observed at -35.22%, looking forward for the next 5 years it has a strong prediction of 5% over growth. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright and trademark law. Teachers Advisors LLC now owns 1,051,101 shares of the oil and gas exploration company's stock valued at $12,634,000 after buying an additional 770,726 shares during the last quarter.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Iberia Capital reissued a sector perform rating and set a $10.00 price objective on shares of Whiting Petroleum Corporation in a research note on Friday, May 12th. (The) downgraded shares of Whiting Petroleum Corporation from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $11.50 to $7.25 in a research report on Tuesday, May 30th. Whiting Petroleum Corporation has 7 buy ratings, 18 holds and 2 sells even after the stock tumbled -61.62% from its high of $13.39 to a $1.94 billion market value through last close. The Firm is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States.

About Whiting Petroleum Corporation Whiting Petroleum Corporation is an independent oil and gas company.

Among 12 analysts covering Realty Income (NYSE:O), 4 have Buy rating, 3 Sell and 5 Hold. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

Latest News