The bullish price estimates of the stock is set at $19.00 while the bearish estimates kept at $8.00 over the next one year. On average, analysts expect that Whiting Petroleum Corp. will post ($1.98) earnings per share for the current year.
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The stock has received rating from many Reuters analysts. The stock had closed at $7.82 on the previous day. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.
According to Zacks Investment Research, “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”. One week ago, shares have been suggested as “BUY” from “12” brokerage firms and recommended as “Strong Buy” by “2” brokerage firms.
Analyst recommendation for this stock stands at 2.60. Whiting Petroleum Corp. has an average rating of “Hold” and an average target price of $15.97.
Shares of Occidental Petroleum Corp.
On Thursday, Shares of Carnival Corp (NYSE:CCL) lost -0.71% to $46.32. The company’s stock had a trading volume of 4,158,220 shares. The stock price is trading downbeat from its 200 days moving average with -21.63% and down from 50 days moving average with -20.39%. The company has a market cap of $1.77B. The highest share price NYSE:WLL shares have reached in the prior twelve months is 30.96 with the lowest being 3.35.
17009442 shares were traded on Whiting Petroleum Corporation’s last session.
Occidental Petroleum Corporation (Occidental) is engaged in the oil and gas exploration and production. The firm earned $292 million during the quarter, compared to the consensus estimate of $346.78 million. The company’s revenue was down 44.8% on a year-over-year basis.
In related news, CEO James J. Volker purchased 10,000 shares of the business’s stock in a transaction dated Tuesday, May 3rd. Our $14/sh target price…is based on an assumption of max dilution, with actual shares issued on the convertible debt depending on how Whiting Petroleum’s stock trades over the next few weeks. Following the acquisition, the chief executive officer now owns 629,514 shares in the company, valued at $6,483,994.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. It has a past 5-day performance of 2.14 percent and trades at an average volume of 4.27M shares. The stock’s institutional ownership stands at 88.80%. California State Teachers Retirement System boosted its stake in Whiting Petroleum Corp.by 1.6% in the fourth quarter. Allianz Asset Management AG raised its position in Whiting Petroleum Corp.by 1,879.1% in the fourth quarter.
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The short interest in Occidental Petroleum Corporation (OXY) has increased from 12,713,824 on June 15,2016 to 14,328,178 on June 30,2016.
