Three investment 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. Overweight rating was given by 2 analysts and Underweight rating was given by 0 analysts. The stock’s price moved below its 200 day moving average of $8.78. In addition to the new 30-well program, with stronger commodity prices and higher cash flow, the company plans to increase activity in the second half of the year and complete 16 gross (12.5 net) drilled uncompleted (DUC) wells in the Williston Basin. The mean price target is calculated keeping in view the consensus of 34 brokerage firms. The company has a market cap of $1.67 billion. Kelly now anticipates that the brokerage will earn ($0.25) per share for the quarter, down from their previous estimate of ($0.23). WLL stock opened its last trade at $6.88 and after floating in a range of $6.68 to $7.47, settled at $7.37.
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Wunderlich on Friday reiterated Whiting Petroleum Corporation’s analyst rating as “Hold” with its price target of 7 highlighting a potential increase of 2.34% from Whiting Petroleum Corporation’s current price of 6.84. The stock had a trading volume of 37.5 M shares. The oil and gas exploration company reported ($0.70) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.52) by $0.18. The firm had revenue of $339.58 million for the quarter, compared to analysts’ expectations of $374.83 million.
By looking at Whiting Petroleum Corp. Shares of company began trading at $7.01 climbed to high of $7.13 touched the low of $6.68. However, in the past 1 week, the selling of the stock is down by -9.84% relative to the S&P 500.
Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend. (WLL) YTD (year to date) performance, the stock shows Negative value of -17.27%.
Research analysts at Seaport Global Securities lowered their Q3 2016 earnings per share estimates for shares of Whiting Petroleum Corp.in a research note issued to investors on Thursday. Finally, Mackenzie Financial Corp boosted its stake in shares of Whiting Petroleum Corp.by 45.5% in the fourth quarter. SIR Capital Management L.P. now owns 3,172,300 shares of the oil and gas exploration company’s stock valued at $29,947,000 after buying an additional 1,631,400 shares in the last quarter.
For the next one year, EPS estimate is set at $-0.83 by 39 analysts although a year ago the analysts recommended the company’s EPS at $-1.84. 39,401,444 shares of the company traded hands. Beta factor is used to measure the volatility of the stock.
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If it were to ramp up spending this quarter and oil prices were to remain around $40 as it is today, then chances are that Whiting will slip even deeper into the loss column than it already has. The Company operates in the segment of exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.
