BMO Capital Markets reiterated their hold rating on shares of Whiting Petroleum (NYSE:WLL) in a report published on Thursday, January 11th. The brokerage currently has a $33.00 price target on the oil and gas exploration company’s stock.
A number of other research analysts have also recently weighed in on WLL. Imperial Capital assumed coverage on shares of Whiting Petroleum in a research report on Thursday, September 28th. They set an in-line rating and a $24.00 price objective on the stock. KeyCorp restated a buy rating and issued a $28.00 price target on shares of Whiting Petroleum in a report on Tuesday, September 19th. Robert W. Baird set a $27.00 price target on shares of Whiting Petroleum and gave the stock an outperform rating in a report on Monday, December 18th. Cowen restated a buy rating and issued a $32.00 price target on shares of Whiting Petroleum in a report on Sunday, September 17th. Finally, Seaport Global Securities upgraded shares of Whiting Petroleum from a sell rating to a neutral rating in a report on Tuesday, December 19th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $34.28.
Whiting Petroleum (NYSE:WLL) traded down $1.23 during trading on Thursday, reaching $25.73. 6,333,450 shares of the company were exchanged, compared to its average volume of 4,470,000. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.62. Whiting Petroleum has a 52 week low of $15.88 and a 52 week high of $47.00. The stock has a market capitalization of $2,330.00, a P/E ratio of -3.58 and a beta of 3.33.
Institutional investors and hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue purchased a new stake in Whiting Petroleum in the 4th quarter valued at about $138,000. Aveo Capital Partners LLC acquired a new position in Whiting Petroleum in the 4th quarter valued at about $306,000. Phoenix Investment Adviser LLC acquired a new position in Whiting Petroleum in the 4th quarter valued at about $457,000. Alambic Investment Management L.P. acquired a new position in Whiting Petroleum in the 4th quarter valued at about $466,000. Finally, Chicago Equity Partners LLC acquired a new position in Whiting Petroleum in the 2nd quarter valued at about $102,000.
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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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