Whiting Petroleum Corp. (NYSE:WLL)’s share price fell 2.5% during mid-day trading on Thursday . The company traded as low as $8.13 and last traded at $8.23, with a volume of 15,344,266 shares. The stock had previously closed at $8.44.

Several equities analysts recently weighed in on WLL shares. Wunderlich reiterated a “hold” rating and set a $14.00 target price (up from $10.00) on shares of Whiting Petroleum Corp. in a research report on Friday, April 29th. Cantor Fitzgerald reissued a “hold” rating on shares of Whiting Petroleum Corp. in a report on Sunday, May 22nd. JP Morgan Cazenove cut Whiting Petroleum Corp. from an “overweight” rating to a “neutral” rating in a report on Tuesday, March 15th. They noted that the move was a valuation call. Deutsche Bank AG lifted their target price on Whiting Petroleum Corp. from $13.00 to $14.00 and gave the stock a “hold” rating in a report on Tuesday, June 14th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a $14.00 target price (up from $13.75) on shares of Whiting Petroleum Corp. in a report on Tuesday, March 29th. Four research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $16.31.

The company’s market capitalization is $1.66 billion. The company has a 50-day moving average of $11.24 and a 200 day moving average of $8.86.

Whiting Petroleum Corp. (NYSE:WLL) last released its earnings results on Wednesday, April 27th. The oil and gas exploration company reported ($0.85) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.72) by $0.13. The business had revenue of $292 million for the quarter, compared to analysts’ expectations of $346.78 million. The company’s revenue for the quarter was down 44.8% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.23) earnings per share. On average, equities research analysts expect that Whiting Petroleum Corp. will post ($2.00) EPS for the current fiscal year.

In other Whiting Petroleum Corp. news, CEO James J. Volker acquired 10,000 shares of Whiting Petroleum Corp. stock in a transaction dated Tuesday, May 3rd. The stock was bought at an average price of $10.30 per share, for a total transaction of $103,000.00. Following the transaction, the chief executive officer now owns 629,514 shares in the company, valued at approximately $6,483,994.20. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Several institutional investors have bought and sold shares of the stock. Numeric Investors LLC raised its position in Whiting Petroleum Corp. by 351.2% in the fourth quarter. Numeric Investors LLC now owns 127,700 shares of the oil and gas exploration company’s stock valued at $1,205,000 after buying an additional 99,400 shares during the period. Marshall Wace LLP raised its position in Whiting Petroleum Corp. by 165.3% in the fourth quarter. Marshall Wace LLP now owns 134,156 shares of the oil and gas exploration company’s stock valued at $1,266,000 after buying an additional 83,592 shares during the period. Sei Investments Co. raised its position in Whiting Petroleum Corp. by 57,796.4% in the fourth quarter. Sei Investments Co. now owns 145,899 shares of the oil and gas exploration company’s stock valued at $1,377,000 after buying an additional 145,647 shares during the period. Rhumbline Advisers raised its position in Whiting Petroleum Corp. by 1.0% in the fourth quarter. Rhumbline Advisers now owns 150,541 shares of the oil and gas exploration company’s stock valued at $1,421,000 after buying an additional 1,456 shares during the period. Finally, BNP Paribas Arbitrage SA raised its position in Whiting Petroleum Corp. by 153.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 152,926 shares of the oil and gas exploration company’s stock valued at $1,444,000 after buying an additional 92,574 shares during the period.

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 and Permian Basin regions of the United States. The Company operates in the segment of exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

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