Whiting Petroleum Corporation (NYSE:WLL)‘s stock had its “buy” rating restated by equities researchers at KeyCorp in a research note issued to investors on Friday. They presently have a $28.00 price objective on the oil and gas exploration company’s stock. KeyCorp’s target price suggests a potential upside of 21.11% from the stock’s current price.

Several other analysts have also commented on WLL. Barclays PLC raised their target price on Whiting Petroleum Corporation from $5.00 to $19.00 and gave the stock an “equal weight” rating in a report on Monday. Imperial Capital raised their target price on Whiting Petroleum Corporation from $6.00 to $30.00 and gave the stock a “line” rating in a report on Monday, November 13th. Cowen Inc reaffirmed a “buy” rating and set a $32.00 target price on shares of Whiting Petroleum Corporation in a report on Friday, November 10th. Robert W. Baird raised their target price on Whiting Petroleum Corporation from $32.00 to $34.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Finally, ValuEngine raised Whiting Petroleum Corporation from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Seven investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Whiting Petroleum Corporation has a consensus rating of “Hold” and a consensus price target of $36.62.

Whiting Petroleum Corporation (NYSE:WLL) opened at $23.12 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.59. Whiting Petroleum Corporation has a 1-year low of $15.88 and a 1-year high of $53.56.

Whiting Petroleum Corporation (NYSE:WLL) last announced its quarterly earnings data on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.80) by $0.24. The business had revenue of $324.20 million for the quarter, compared to analyst estimates of $330.25 million. Whiting Petroleum Corporation had a negative return on equity of 5.06% and a negative net margin of 45.39%. The company’s revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the company earned ($1.88) earnings per share. research analysts predict that Whiting Petroleum Corporation will post -2.41 EPS for the current year.

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A number of hedge funds have recently modified their holdings of WLL. Hotchkis & Wiley Capital Management LLC boosted its position in Whiting Petroleum Corporation by 44.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 28,255,537 shares of the oil and gas exploration company’s stock worth $154,275,000 after purchasing an additional 8,737,870 shares in the last quarter. Fine Capital Partners L.P. boosted its position in Whiting Petroleum Corporation by 53.7% during the second quarter. Fine Capital Partners L.P. now owns 21,336,862 shares of the oil and gas exploration company’s stock worth $117,566,000 after purchasing an additional 7,450,722 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Whiting Petroleum Corporation by 21.0% during the second quarter. Dimensional Fund Advisors LP now owns 25,799,001 shares of the oil and gas exploration company’s stock worth $142,153,000 after purchasing an additional 4,483,396 shares in the last quarter. Numeric Investors LLC boosted its position in Whiting Petroleum Corporation by 163.0% during the second quarter. Numeric Investors LLC now owns 4,835,600 shares of the oil and gas exploration company’s stock worth $26,644,000 after purchasing an additional 2,997,300 shares in the last quarter. Finally, Schneider Capital Management Corp boosted its position in Whiting Petroleum Corporation by 63.7% during the second quarter. Schneider Capital Management Corp now owns 5,729,569 shares of the oil and gas exploration company’s stock worth $31,570,000 after purchasing an additional 2,230,237 shares in the last quarter.

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.

Analyst Recommendations for Whiting Petroleum Corporation (NYSE:WLL)

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