Shares of Whiting Petroleum Corp (NYSE:WLL) have been assigned a consensus recommendation of “Hold” from the twenty-four research firms that are presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $8.29.

Several analysts recently weighed in on the company. Zacks Investment Research downgraded Whiting Petroleum from a “buy” rating to a “hold” rating and set a $1.25 price objective for the company. in a research report on Wednesday, August 19th. Capital One Financial restated an “overweight” rating on shares of Whiting Petroleum in a research report on Thursday, September 3rd. Wells Fargo & Company upgraded Whiting Petroleum to a “hold” rating in a research report on Tuesday. Barclays restated a “hold” rating on shares of Whiting Petroleum in a research report on Sunday, September 6th. Finally, KeyCorp upgraded Whiting Petroleum from a “sector weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research report on Thursday, September 3rd.

Shares of WLL stock opened at $19.89 on Friday. Whiting Petroleum has a twelve month low of $13.44 and a twelve month high of $28.00. The business has a fifty day simple moving average of $6.28 and a 200 day simple moving average of $2.39.

In related news, Director Kevin S. Mccarthy purchased 12,500 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was bought at an average price of $20.96 per share, with a total value of $262,000.00. Following the completion of the purchase, the director now owns 12,500 shares in the company, valued at approximately $262,000. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Paul Korus purchased 2,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was bought at an average cost of $22.01 per share, with a total value of $44,020.00. Following the purchase, the director now owns 1,000 shares of the company’s stock, valued at approximately $22,010. The disclosure for this purchase can be found here.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WLL. Texas Permanent School Fund grew its stake in Whiting Petroleum by 24.5% during the first quarter. Texas Permanent School Fund now owns 77,731 shares of the oil and gas exploration company’s stock worth $52,000 after purchasing an additional 15,281 shares during the period. UBS Group AG grew its stake in Whiting Petroleum by 12.2% in the first quarter. UBS Group AG now owns 427,425 shares of the oil and gas exploration company’s stock valued at $286,000 after acquiring an additional 46,527 shares during the period. Teacher Retirement System of Texas grew its stake in Whiting Petroleum by 30.5% in the first quarter. Teacher Retirement System of Texas now owns 628,071 shares of the oil and gas exploration company’s stock valued at $421,000 after acquiring an additional 146,623 shares during the period. Rhumbline Advisers lifted its holdings in shares of Whiting Petroleum by 4.7% in the first quarter. Rhumbline Advisers now owns 338,165 shares of the oil and gas exploration company’s stock valued at $227,000 after purchasing an additional 15,110 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Whiting Petroleum by 8.8% in the first quarter. First Trust Advisors LP now owns 300,816 shares of the oil and gas exploration company’s stock valued at $202,000 after purchasing an additional 24,240 shares in the last quarter. 36.38% of the stock is owned by institutional investors and hedge funds.

Whiting Petroleum Company Profile

Whiting Petroleum Corporation engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end users, marketers, and other purchasers.

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Analyst Recommendations for Whiting Petroleum (NYSE:WLL)

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