Canaccord Genuity set a $14.00 target price on Whiting Petroleum Corp. (NYSE:WLL) in a research report released on Tuesday morning. The firm currently has a buy rating on the oil and gas exploration company’s stock.

A number of other research firms also recently issued reports on WLL. Vetr upgraded shares of Whiting Petroleum Corp. from a buy rating to a strong-buy rating and set a $11.03 target price for the company in a research report on Monday, October 31st. JPMorgan Chase & Co. reaffirmed a hold rating and issued a $10.00 price objective on shares of Whiting Petroleum Corp. in a report on Friday, November 11th. Cantor Fitzgerald reaffirmed a hold rating on shares of Whiting Petroleum Corp. in a report on Sunday, August 14th. Barclays PLC cut their price objective on shares of Whiting Petroleum Corp. from $12.00 to $9.00 and set an equal weight rating for the company in a report on Friday, July 29th. Finally, KLR Group reissued a buy rating and set a $15.00 target price (down previously from $18.00) on shares of Whiting Petroleum Corp. in a research note on Monday, August 1st. Two analysts have rated the stock with a sell rating, nineteen have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Whiting Petroleum Corp. presently has an average rating of Hold and an average price target of $12.07.

Whiting Petroleum Corp. (NYSE:WLL) traded up 0.49% during mid-day trading on Tuesday, reaching $10.17. The company’s stock had a trading volume of 2,858,201 shares. The company’s market cap is $2.85 billion. Whiting Petroleum Corp. has a 12 month low of $3.35 and a 12 month high of $17.64. The stock’s 50 day moving average is $8.76 and its 200 day moving average is $9.08.

Whiting Petroleum Corp. (NYSE:WLL) last posted its quarterly earnings data on Wednesday, October 26th. The oil and gas exploration company reported ($0.47) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.40) by $0.07. Whiting Petroleum Corp. had a negative return on equity of 11.83% and a negative net margin of 106.77%. The company had revenue of $129.23 million for the quarter, compared to analyst estimates of $350.95 million. During the same quarter in the previous year, the firm posted ($0.17) earnings per share. The company’s quarterly revenue was down 74.6% on a year-over-year basis. Equities research analysts predict that Whiting Petroleum Corp. will post ($2.19) EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Clinton Group Inc. purchased a new position in Whiting Petroleum Corp. during the third quarter worth approximately $102,000. Moors & Cabot Inc. boosted its position in Whiting Petroleum Corp. by 2.9% in the third quarter. Moors & Cabot Inc. now owns 11,650 shares of the oil and gas exploration company’s stock worth $102,000 after buying an additional 323 shares during the last quarter. Investors Capital Advisory Services purchased a new position in Whiting Petroleum Corp. during the second quarter worth approximately $113,000. World Asset Management Inc purchased a new position in Whiting Petroleum Corp. during the third quarter worth approximately $110,000. Finally, Profund Advisors LLC purchased a new position in Whiting Petroleum Corp. during the second quarter worth approximately $128,000. 74.21% of the stock is currently owned by institutional investors and hedge funds.

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Whiting Petroleum Corp. 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 and Permian Basin regions of the United States. The Company operates in the segment of exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

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