Commonwealth Bank of Australia lowered its position in Whiting Petroleum Corporation (NYSE:WLL) by 12.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,900 shares of the oil and gas exploration company’s stock after selling 8,600 shares during the period. Commonwealth Bank of Australia’s holdings in Whiting Petroleum Corporation were worth $330,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Geode Capital Management LLC lifted its holdings in shares of Whiting Petroleum Corporation by 4.0% in the first quarter. Geode Capital Management LLC now owns 2,006,965 shares of the oil and gas exploration company’s stock valued at $18,985,000 after purchasing an additional 77,223 shares in the last quarter. Stephens Inc. AR bought a new position in shares of Whiting Petroleum Corporation in the first quarter valued at approximately $790,000. Teacher Retirement System of Texas lifted its holdings in shares of Whiting Petroleum Corporation by 2.2% in the first quarter. Teacher Retirement System of Texas now owns 22,179 shares of the oil and gas exploration company’s stock valued at $210,000 after purchasing an additional 487 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Whiting Petroleum Corporation by 218.9% in the first quarter. Wellington Management Group LLP now owns 899,712 shares of the oil and gas exploration company’s stock valued at $8,511,000 after purchasing an additional 617,558 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Whiting Petroleum Corporation by 95.8% in the first quarter. Dimensional Fund Advisors LP now owns 21,315,605 shares of the oil and gas exploration company’s stock valued at $201,642,000 after purchasing an additional 10,428,144 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

WLL has been the topic of a number of recent research reports. Goldman Sachs Group, Inc. (The) lowered Whiting Petroleum Corporation from a “neutral” rating to a “sell” rating and dropped their target price for the company from $11.50 to $7.25 in a report on Tuesday, May 30th. Credit Suisse Group lowered Whiting Petroleum Corporation from an “outperform” rating to a “neutral” rating and set a $13.00 target price on the stock. in a report on Thursday, June 1st. Royal Bank Of Canada set a $12.00 target price on Whiting Petroleum Corporation and gave the company a “hold” rating in a report on Friday, June 2nd. BidaskClub upgraded Whiting Petroleum Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th. Finally, Macquarie lowered Whiting Petroleum Corporation from an “outperform” rating to a “neutral” rating and raised their target price for the company from $5.30 to $5.70 in a report on Wednesday, June 21st. Eight analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.85.

Whiting Petroleum Corporation (NYSE WLL) opened at 4.90 on Tuesday. The stock’s market capitalization is $1.78 billion. Whiting Petroleum Corporation has a 12 month low of $3.97 and a 12 month high of $13.39. The stock has a 50 day moving average price of $4.61 and a 200 day moving average price of $6.77.

Whiting Petroleum Corporation (NYSE:WLL) last announced its earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) EPS for the quarter, topping the Zacks’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $345.64 million. During the same period last year, the firm earned ($0.70) EPS. Whiting Petroleum Corporation’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, equities research analysts forecast that Whiting Petroleum Corporation will post ($0.70) earnings per share for the current fiscal year.

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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.

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

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