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Stock under Review: Whiting Petroleum Corp (NYSE:WLL)

The company holds earnings per share of -6.96 for the twelve months. Barclays PLC’s price target would indicate a potential upside of 31.58% from the company’s previous close.

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Following Wunderlich’s latest price target of 7 on the business this highlights that the broker now believes there is an increase of 2.34% from Whiting Petroleum Corporation’s current share price of 6.84. Analysts are predicting that Whiting Petroleum Corporation (NYSE:WLL) will report $-0.29 earnings per share when they next issue their quarterly earnings release on or around 2016-10-26. This count relies on the mean estimate from the 1 research firms that drafted reports on the company.

Whiting Petroleum Corp. (WLL) recently recorded -6.94 percent change and now at $6.84 is 104.18 percent away from its 52-week low and down -71.34 percent versus its peak. The highest estimate of the 18 covering analysts sees the stock climbing to $19 within the next year while the lowest estimate places the 12-month target price at $8. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. During the last trade, shares reached to high price of $38.95 and touched the low price of $37.02.

You could be making up to 199% on a single trade in only 14 days. After that the stock’s target price was revised on 07/12/16, approximately two weeks ago. The company has a market cap of $1.78B and now has 68.65M shares outstanding. The stock’s price moved below its 200 day moving average of $8.78. Most recently on 7/13/2016 the stock of Whiting Petroleum Corp (NYSE:WLL) upgraded by Credit Suisse from Neutral to Outperform. Analysts will be looking for an improvement on last quarter’s numbers where the firm reported earnings of $-0.7 per share for the period ending on 2016-06-30. The firm had revenue of $339.58 million for the quarter, compared to the consensus estimate of $374.83 million.

Devon Energy Corporation’s (DVN) EPS growth ratio for the past five years was -53.90% while Sales growth for the past five years was 5.70%. SIR Capital Management L.P. boosted its stake in shares of Whiting Petroleum Corp.by 105.9% in the fourth quarter.

In other news, CEO James J. Volker acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were bought at an average price of $10.30 per share, with a total value of $103,000.00. (NYSE:WLL) by 95.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).

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SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in onshore North America.

Whiting Petroleum Corporation