News stories about Whiting Petroleum (NYSE:WLL) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Whiting Petroleum earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news coverage about the oil and gas exploration company an impact score of 46.7263415158354 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
Shares of Whiting Petroleum (WLL) traded up $1.12 during trading hours on Thursday, hitting $29.72. 6,309,166 shares of the stock traded hands, compared to its average volume of 4,966,654. Whiting Petroleum has a 52-week low of $15.88 and a 52-week high of $52.32. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.62. The company has a market cap of $2,700.00, a PE ratio of -4.14 and a beta of 3.39.
Whiting Petroleum (NYSE:WLL) last issued its quarterly earnings data on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.80) by $0.24. Whiting Petroleum had a negative net margin of 45.39% and a negative return on equity of 5.06%. The firm had revenue of $324.20 million for the quarter, compared to analysts’ expectations of $330.25 million. During the same quarter in the prior year, the business earned ($1.88) EPS. The business’s quarterly revenue was up 2.8% on a year-over-year basis. equities analysts forecast that Whiting Petroleum will post -2.27 earnings per share for the current year.
WLL has been the topic of several recent analyst reports. Cowen reissued a “buy” rating and set a $32.00 price objective on shares of Whiting Petroleum in a research report on Sunday, September 17th. Zacks Investment Research raised shares of Whiting Petroleum from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Thursday, October 12th. Barclays upped their target price on shares of Whiting Petroleum from $5.00 to $19.00 and gave the company an “equal weight” rating in a research note on Monday, November 20th. Morgan Stanley set a $16.00 target price on shares of Whiting Petroleum and gave the company a “sell” rating in a research note on Thursday, October 26th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $40.00 target price on shares of Whiting Petroleum in a research note on Tuesday. Seven investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $32.99.
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Whiting Petroleum Company Profile
Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.
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