Whiting Petroleum Corporation (WLL) PT Raised to $34.00 at Robert W. Baird

Whiting Petroleum Corporation (NYSE:WLL) had its price objective upped by Robert W. Baird from $32.00 to $34.00 in a research note issued to investors on Friday. Robert W. Baird currently has an outperform rating on the oil and gas exploration company’s stock.

WLL has been the subject of a number of other research reports. Tudor Pickering cut Whiting Petroleum Corporation from a hold rating to a sell rating in a research note on Tuesday, September 5th. ValuEngine cut Whiting Petroleum Corporation from a sell rating to a strong sell rating in a research note on Friday, September 1st. Morgan Stanley set a $16.00 price objective on Whiting Petroleum Corporation and gave the company a sell rating in a research note on Wednesday, October 18th. Zacks Investment Research raised Whiting Petroleum Corporation from a sell rating to a hold rating in a research note on Tuesday, August 1st. Finally, Barclays PLC set a $20.00 price objective on Whiting Petroleum Corporation and gave the company a hold rating in a research note on Wednesday, October 11th. Seven investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of Hold and an average target price of $36.65.

Shares of Whiting Petroleum Corporation (NYSE:WLL) opened at $25.87 on Friday. Whiting Petroleum Corporation has a one year low of $15.88 and a one year high of $53.56. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.59 and a quick ratio of 0.59.

Whiting Petroleum Corporation (NYSE:WLL) last announced its quarterly earnings data on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.80) by $0.24. Whiting Petroleum Corporation had a negative return on equity of 5.06% and a negative net margin of 45.39%. The firm had revenue of $324.20 million during the quarter, compared to analysts’ expectations of $330.25 million. During the same quarter last year, the firm posted ($1.88) earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. sell-side analysts anticipate that Whiting Petroleum Corporation will post -2.41 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was originally published by Stock Observer and is the sole property of of Stock Observer. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://www.thestockobserver.com/2017/11/14/whiting-petroleum-corporation-wll-pt-raised-to-34-00-at-robert-w-baird.html.

Institutional investors and hedge funds have recently modified their holdings of the business. Davidson Kempner Capital Management LP purchased a new position in shares of Whiting Petroleum Corporation in the second quarter valued at $8,265,000. Geode Capital Management LLC grew its position in shares of Whiting Petroleum Corporation by 4.0% in the first quarter. Geode Capital Management LLC now owns 2,006,965 shares of the oil and gas exploration company’s stock valued at $18,985,000 after purchasing an additional 77,223 shares in the last quarter. Marshall Wace North America L.P. purchased a new position in shares of Whiting Petroleum Corporation in the second quarter valued at $1,268,000. Stephens Inc. AR grew its position in shares of Whiting Petroleum Corporation by 684.7% in the second quarter. Stephens Inc. AR now owns 655,538 shares of the oil and gas exploration company’s stock valued at $3,612,000 after purchasing an additional 571,993 shares in the last quarter. Finally, Shell Asset Management Co. purchased a new position in shares of Whiting Petroleum Corporation in the third quarter valued at $1,565,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

About Whiting Petroleum Corporation

Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

Analyst Recommendations for Whiting Petroleum Corporation (NYSE:WLL)

Receive News & Ratings for Whiting Petroleum Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whiting Petroleum Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply