Analysts expect that Whiting Petroleum Corp (NYSE:WLL) will announce ($0.55) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Ten analysts have made estimates for Whiting Petroleum’s earnings, with the lowest EPS estimate coming in at ($1.00) and the highest estimate coming in at $0.11. Whiting Petroleum reported earnings per share of ($1.12) in the same quarter last year, which suggests a positive year-over-year growth rate of 50.9%. The company is scheduled to report its next earnings report on Tuesday, February 20th.

On average, analysts expect that Whiting Petroleum will report full year earnings of ($2.41) per share for the current financial year, with EPS estimates ranging from ($2.92) to ($1.77). For the next financial year, analysts anticipate that the company will post earnings of ($1.98) per share, with EPS estimates ranging from ($4.36) to $1.29. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Whiting Petroleum.

Whiting Petroleum (NYSE:WLL) last announced its quarterly earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.80) by $0.24. The company had revenue of $324.20 million during the quarter, compared to analyst estimates of $330.25 million. Whiting Petroleum had a negative return on equity of 5.06% and a negative net margin of 45.39%. The firm’s revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.88) earnings per share.

Several equities research analysts have commented on the company. ValuEngine upgraded Whiting Petroleum from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Robert W. Baird upped their price target on Whiting Petroleum from $32.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday, November 10th. Cowen restated a “buy” rating and set a $32.00 price target on shares of Whiting Petroleum in a research note on Friday, November 10th. Imperial Capital dropped their price target on Whiting Petroleum from $30.00 to $6.00 and set an “in-line” rating for the company in a research note on Monday, November 13th. Finally, J P Morgan Chase & Co dropped their price target on Whiting Petroleum from $32.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, November 1st. Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Whiting Petroleum currently has an average rating of “Hold” and an average target price of $36.27.

Shares of Whiting Petroleum (NYSE WLL) traded up $0.91 during trading hours on Friday, reaching $25.86. The company’s stock had a trading volume of 7,506,112 shares, compared to its average volume of 6,707,363. 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 has a 12 month low of $15.88 and a 12 month high of $53.48.

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

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About Whiting Petroleum

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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Earnings History and Estimates for Whiting Petroleum (NYSE:WLL)

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