HL Financial Services LLC reduced its holdings in shares of Whiting Petroleum Corporation (NYSE:WLL) by 19.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,870 shares of the oil and gas exploration company’s stock after selling 9,910 shares during the period. HL Financial Services LLC’s holdings in Whiting Petroleum Corporation were worth $218,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of WLL. Chicago Equity Partners LLC acquired a new position in Whiting Petroleum Corporation in the second quarter valued at about $102,000. Shell Asset Management Co. acquired a new position in Whiting Petroleum Corporation in the third quarter valued at about $1,565,000. Campbell & CO Investment Adviser LLC boosted its position in Whiting Petroleum Corporation by 24.4% in the second quarter. Campbell & CO Investment Adviser LLC now owns 20,349 shares of the oil and gas exploration company’s stock valued at $112,000 after buying an additional 3,988 shares in the last quarter. Palisade Capital Management LLC NJ acquired a new position in Whiting Petroleum Corporation in the second quarter valued at about $121,000. Finally, First Allied Advisory Services Inc. boosted its position in Whiting Petroleum Corporation by 2.0% in the second quarter. First Allied Advisory Services Inc. now owns 24,585 shares of the oil and gas exploration company’s stock valued at $138,000 after buying an additional 475 shares in the last quarter. Institutional investors and hedge funds own 84.33% of the company’s stock.

WARNING: “HL Financial Services LLC Sells 9,910 Shares of Whiting Petroleum Corporation (WLL)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.thecerbatgem.com/2017/11/15/hl-financial-services-llc-sells-9910-shares-of-whiting-petroleum-corporation-wll.html.

A number of equities analysts have commented on the stock. Imperial Capital boosted their price target on shares of Whiting Petroleum Corporation from $6.00 to $30.00 and gave the company a “line” rating in a research report on Monday. ValuEngine lowered shares of Whiting Petroleum Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Jefferies Group LLC assumed coverage on shares of Whiting Petroleum Corporation in a research report on Monday, October 9th. They issued a “hold” rating and a $24.00 price target on the stock. SunTrust Banks, Inc. set a $36.00 price target on shares of Whiting Petroleum Corporation and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, Stifel Nicolaus set a $40.00 price target on shares of Whiting Petroleum Corporation and gave the company a “buy” rating in a research report on Thursday, October 26th. Seven research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $36.65.

Whiting Petroleum Corporation (NYSE WLL) traded down $2.33 during trading on Wednesday, hitting $23.54. 7,044,900 shares of the stock traded hands, compared to its average volume of 4,666,142. Whiting Petroleum Corporation has a 12 month low of $15.88 and a 12 month high of $53.56. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.62.

Whiting Petroleum Corporation (NYSE:WLL) last released its quarterly earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.80) by $0.24. The company had revenue of $324.20 million during the quarter, compared to analysts’ expectations of $330.25 million. Whiting Petroleum Corporation had a negative net margin of 45.39% and a negative return on equity of 5.06%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.88) earnings per share. equities research analysts predict that Whiting Petroleum Corporation will post -2.44 EPS for the current fiscal year.

Whiting Petroleum Corporation 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.

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.