State of Wisconsin Investment Board lifted its position in Whiting Petroleum Corporation (NYSE:WLL) by 80.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,738 shares of the oil and gas exploration company’s stock after buying an additional 31,910 shares during the period. State of Wisconsin Investment Board’s holdings in Whiting Petroleum Corporation were worth $395,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of WLL. Dimensional Fund Advisors LP grew its position in shares of Whiting Petroleum Corporation by 95.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 21,315,605 shares of the oil and gas exploration company’s stock worth $201,642,000 after buying an additional 10,428,144 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Whiting Petroleum Corporation by 28.6% in the 1st quarter. Vanguard Group Inc. now owns 27,919,350 shares of the oil and gas exploration company’s stock worth $264,116,000 after buying an additional 6,211,479 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Whiting Petroleum Corporation in the 1st quarter worth approximately $29,442,000. Hotchkis & Wiley Capital Management LLC grew its position in shares of Whiting Petroleum Corporation by 10.2% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 18,077,394 shares of the oil and gas exploration company’s stock worth $171,012,000 after buying an additional 1,676,942 shares during the last quarter. Finally, Snow Capital Management LP grew its position in shares of Whiting Petroleum Corporation by 25.4% in the 1st quarter. Snow Capital Management LP now owns 3,556,529 shares of the oil and gas exploration company’s stock worth $33,645,000 after buying an additional 720,777 shares during the last quarter. 83.96% of the stock is currently owned by hedge funds and other institutional investors.

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Several research firms have weighed in on WLL. Tudor Pickering downgraded shares of Whiting Petroleum Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, September 5th. ValuEngine downgraded shares of Whiting Petroleum Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Whiting Petroleum Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. BidaskClub raised shares of Whiting Petroleum Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 14th. Finally, Bank of America Corporation began coverage on shares of Whiting Petroleum Corporation in a research report on Wednesday, July 19th. They set an “underperform” rating and a $6.00 target price on the stock. Eight research analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. Whiting Petroleum Corporation currently has a consensus rating of “Hold” and an average target price of $10.99.

Whiting Petroleum Corporation (NYSE:WLL) opened at 4.65 on Thursday. Whiting Petroleum Corporation has a 52-week low of $3.97 and a 52-week high of $13.39. The firm’s market capitalization is $1.69 billion. The firm’s 50-day moving average is $4.65 and its 200-day moving average is $6.94. Whiting Petroleum Corporation also saw some unusual options trading on Wednesday. Stock traders bought 1,246 put options on the company. This is an increase of approximately 159% compared to the typical volume of 482 put options.

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, beating analysts’ consensus estimates of ($0.19) by $0.01. Whiting Petroleum Corporation had a negative return on equity of 6.77% and a negative net margin of 88.27%. The company had revenue of $311.50 million during the quarter, compared to the consensus estimate of $345.64 million. During the same quarter last year, the company earned ($0.70) earnings per share. Whiting Petroleum Corporation’s quarterly revenue was down 7.6% compared to the same quarter last year. On average, analysts anticipate that Whiting Petroleum Corporation will post ($0.70) earnings per share for the current year.

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.

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

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