Turner Investments LLC raised its stake in Whiting Petroleum Corporation (NYSE:WLL) by 87.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 148,040 shares of the oil and gas exploration company’s stock after buying an additional 69,030 shares during the period. Turner Investments LLC’s holdings in Whiting Petroleum Corporation were worth $816,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WLL. Gamco Investors INC. ET AL boosted its position in Whiting Petroleum Corporation by 16.0% in the second quarter. Gamco Investors INC. ET AL now owns 207,600 shares of the oil and gas exploration company’s stock valued at $1,144,000 after buying an additional 28,700 shares during the period. Comerica Bank boosted its position in Whiting Petroleum Corporation by 22.9% in the second quarter. Comerica Bank now owns 35,328 shares of the oil and gas exploration company’s stock valued at $176,000 after buying an additional 6,584 shares during the period. State of Wisconsin Investment Board boosted its position in Whiting Petroleum Corporation by 80.1% in the second quarter. State of Wisconsin Investment Board now owns 71,738 shares of the oil and gas exploration company’s stock valued at $395,000 after buying an additional 31,910 shares during the period. Rhumbline Advisers boosted its position in Whiting Petroleum Corporation by 41.3% in the second quarter. Rhumbline Advisers now owns 325,089 shares of the oil and gas exploration company’s stock valued at $1,791,000 after buying an additional 94,947 shares during the period. Finally, Teacher Retirement System of Texas boosted its position in Whiting Petroleum Corporation by 36.5% in the second quarter. Teacher Retirement System of Texas now owns 30,278 shares of the oil and gas exploration company’s stock valued at $167,000 after buying an additional 8,099 shares during the period. Institutional investors and hedge funds own 83.22% of the company’s stock.

Whiting Petroleum Corporation (NYSE WLL) opened at 4.43 on Friday. Whiting Petroleum Corporation has a one year low of $4.27 and a one year high of $13.39. The company has a 50-day moving average price of $5.05 and a 200-day moving average price of $7.77. The company’s market capitalization is $1.61 billion.

Whiting Petroleum Corporation (NYSE:WLL) last released its earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.01. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. The firm had revenue of $311.50 million during the quarter, compared to analyst estimates of $345.64 million. During the same quarter in the previous year, the business earned ($0.70) EPS. The business’s quarterly revenue was down 7.6% compared to the same quarter last year. Equities research analysts anticipate that Whiting Petroleum Corporation will post ($0.71) EPS for the current year.

TRADEMARK VIOLATION WARNING: This piece was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/20/whiting-petroleum-corporation-wll-stake-boosted-by-turner-investments-llc.html.

Several research firms recently commented on WLL. BMO Capital Markets reiterated a “hold” rating on shares of Whiting Petroleum Corporation in a research note on Wednesday, August 2nd. Zacks Investment Research raised Whiting Petroleum Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Stifel Nicolaus lowered their price objective on Whiting Petroleum Corporation from $12.00 to $11.50 and set a “buy” rating for the company in a report on Thursday, July 27th. Citigroup Inc. lowered their price objective on Whiting Petroleum Corporation from $11.00 to $8.00 and set a “buy” rating for the company in a report on Friday, July 21st. Finally, Cowen and Company set a $8.00 price objective on Whiting Petroleum Corporation and gave the company a “buy” rating in a report on Tuesday, July 18th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $11.28.

About Whiting Petroleum Corporation

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.

Want to see what other hedge funds are holding WLL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whiting Petroleum Corporation (NYSE:WLL).

Institutional Ownership by Quarter for Whiting Petroleum Corporation (NYSE:WLL)

Receive News & Stock Ratings for Whiting Petroleum Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whiting Petroleum Corporation and related stocks with our FREE daily email newsletter.