Investors Checklist Stock: Whiting Petroleum Corporation (NYSE:WLL)
- Author: Zachary Reyes Mar 15, 2017,
Mar 15, 2017, 19:52
Southwestern Energy Company (NYSE:SWN) ended its day at $7.60 with the rising stream of 2.15% and its total traded volume was 9.01 million shares less than the average volume. The highest analyst price target is $42.00, which implies a rally of 41 percent. Stifel Nicolaus raised shares of Whiting Petroleum Corp from a "hold" rating to a "buy" rating and lifted their target price for the company from $8.00 to $15.00 in a report on Thursday, December 1st. The average broker target price of $14.09 for Whiting Petroleum implies a return of ~54% over the next 12 months. While some analysts have a High Price target for the stock of $19 and a Low Price Target of $9.7. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock now has a consensus rating of "Hold" and a consensus target price of $13.22. Whiting Petroleum Corporation (NYSE:WLL) is presenting price to cash flow of 58.91 and free cash flow concluded as 78.93. The Market Capitalization of the company stands at 3.3 Billion. The 52-week high of Whiting Petroleum Corporation (NYSE:WLL) is $14.44 and the 52-week low is $6.38. The rating firm issued a Underperform rating to this company in a research note released on Dec 07, 2016.
Many analysts are providing their Estimated Earnings analysis for Whiting Petroleum Corp. and for the current quarter 32 analysts have projected that the stock could give an Average Earnings estimate of $-0.19/share. The business had revenue of $342.70 million for the quarter, compared to analysts' expectations of $353.75 million. The company reported $-0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Whiting Petroleum Corp's revenue for the quarter was down 18.0% on a year-over-year basis. Analysts, on average, forecast Murphy Oil Corporation to earn $0.09 per share (EPS) on revenue of $562.77M.
Institutional investors have recently added to or reduced their stakes in the stock. The Relative Volume value measured for Whiting Petroleum Corp. Putnam FL Investment Management Co. now owns 18,930 shares of the oil and gas exploration company's stock valued at $165,000 after buying an additional 150 shares during the period.
On 14 March 2017, Match Group, Inc. Baird Financial Group Inc. now owns 20,480 shares of the oil and gas exploration company's stock valued at $246,000 after buying an additional 300 shares during the period. The insider owns 796,364 shares which have current market value of around $21024009.6.William C. Nolan, Jr is another major inside shareholder in the company.
This story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem.
WHITING PETROLEUM CORPORATION, a DE corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and MI regions of the United States.