Whiting Petroleum Corp. has a 52 week low of $3.35 and a 52 week high of $22.80. The stock has received “HOLD” rating after consensus analysis from analysts. ABR value is precisely based on brokerage recommendations, where out of 24 brokerage recommendations 9 rate Whiting Petroleum Corp (NYSE:WLL) stock a Strong Buy, 2 rate the stocks of the company a Buy, 13 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. With a return potential of 62.2%, the stock’s consensus target price stands at $12.07. The firm’s market cap is $1.52 billion.
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Shares of Whiting Petroleum are now trading at $7.40, up $0.56 or 8.19%. 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.
The Company has received rating from WSJ analysts.
While taking an overview of recommendation trends, the stock now has an average brokerage recommendation of 2.17. A look on the firm performance, its monthly performance is 6.92% and a quarterly performance of -6.01%. Most recently on 7/13/2016 the stock of Whiting Petroleum Corp (NYSE:WLL) upgraded by Credit Suisse from Neutral to Outperform. The business’s quarterly revenue was down 42.4% on a year-over-year basis.
“I am happy to report our strong second quarter results, as we continue to execute on our plan to deliver sustained revenue growth, and earnings per share growth that exceeds revenue growth”.
Whiting posted a second-quarter net loss of $301 million, or $1.33 per share, compared with a net loss of $149.3 million, or 73 cents per share, in the year-ago period.
A number of hedge funds and institutional investors have recently made changes to their positions in WLL. Beta factor is used to measure the volatility of the stock. Sigma Planning Corp increased its stake in Whiting Petroleum Corp.by 33.0% in the second quarter. Sigma Planning Corp now owns 13,989 shares of the oil and gas exploration company’s stock valued at $130,000 after buying an additional 3,471 shares during the period.
Beach Point Capital Management Lp holds 9.38% of its portfolio in Whiting Petroleum Corp for 2.06 million shares. Carl Domino Inc boosted its position in shares of Whiting Petroleum Corp.by 60.0% in the second quarter. They expect $-0.59 earnings per share, down 1,575.00% or $0.63 from last year’s $0.04 per share. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
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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. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on about 593,900 net developed acres.
