Whiting Petroleum Corp (WLL) Stock Rating Reaffirmed by Royal Bank of Canada
- Author: Carolyn Briggs Apr 19, 2017,
Apr 19, 2017, 18:07
31 analysts on average are expecting Whiting Petroleum Corp.to report earnings of $-0.18 per share for the current quarter. Canaccord Genuity reaffirmed a "buy" rating and set a $14.00 target price on shares of Whiting Petroleum Corp in a report on Thursday, February 23rd. KLR Group reissued a "buy" rating and issued a $18.00 price target (up previously from $17.00) on shares of Whiting Petroleum Corp in a report on Friday, February 24th. The shares now have a score of 19.00000.
Heading into the stock price potential, NOW Inc. needs to grow just 20.26% to cross its median price target of $20. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. The company's market cap is $3.15 Billion, and the average volume is 13.67 Million.
On 04/17/2017 close, Whiting Petroleum Corporation (NYSE:WLL) rose 1.40% to $8.68. According to these analysts, the Low Revenue Estimate for Whiting Petroleum Corp.is 344.69 Million and the High Revenue Estimate is 402 Million. The company has a 50-day moving average price of $9.52 and a 200-day moving average price of $10.24. The stock now has a Market Cap of $3.20B. Whiting Petroleum Corp also was the target of unusually large options trading activity on Thursday.
Hedge funds and other institutional investors have recently modified their holdings of the stock. This is an increase of approximately 136% compared to the typical volume of 390 call options. Whiting Petroleum Corp posted earnings per share of ($0.85) during the same quarter last year, which indicates a positive year over year growth rate of 75.3%. The company reported its last quarter on 12/31/2016. The business earned $342.70 million during the quarter, compared to analysts' expectations of $353.75 million.
The number of shares traded in the last trading session was 12.03 Million. On average, equities analysts predict that Whiting Petroleum Corp will post ($0.67) EPS for the current year.
In case of Revenue Estimates, 369400 analysts have provided their consensus Average Revenue Estimates for Whiting Petroleum Corp.as 26000.
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In the last Quarter, Whiting Petroleum Corp. Its share price has decline -29.08% in three months and is down -4.82% for the last five trades. Beach Point Capital Management LP raised its position in shares of Whiting Petroleum Corp by 33.9% in the third quarter. Putnam FL Investment Management Co. now owns 18,930 shares of the oil and gas exploration company's stock worth $165,000 after buying an additional 150 shares during the period. Keybank National Association OH acquired a new stake in Whiting Petroleum Corp during the fourth quarter valued at approximately $121,000. South Dakota Investment Council now owns 593,900 shares of the oil and gas exploration company's stock worth $5,191,000 after buying an additional 274,400 shares during the period. US Bancorp DE raised its stake in Whiting Petroleum Corp by 124.9% in the third quarter. The original version of this piece of content can be viewed at https://baseballnewssource.com/markets/whiting-petroleum-corp-wll-shares-bought-by-envestnet-asset-management-inc-updated/540218.html. Finally, Neuberger Berman Group LLC increased its position in shares of Whiting Petroleum Corp by 1.5% in the third quarter. Inside the closing six months period the stock's performance raised 39.63% while overall yearly performance gained 8.53%. During the trading on 04/17/2017, Company's stock ranged from $40.49 to $40.22. The analysts offering Earnings Estimates for the company were believing that Whiting Petroleum Corp.