Whiting Petroleum Corp. (NYSE:WLL) rose 3.1% during trading on Monday . The stock traded as high as $8.81 and last traded at $8.78, with a volume of 16,057,311 shares traded. The stock had previously closed at $8.52.

WLL has been the topic of several research analyst reports. Deutsche Bank AG reissued a “hold” rating on shares of Whiting Petroleum Corp. in a research note on Thursday, March 24th. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Whiting Petroleum Corp. in a research note on Saturday, April 30th. Vetr lowered Whiting Petroleum Corp. from a “hold” rating to a “sell” rating and set a $10.28 target price on the stock. in a research note on Thursday, April 14th. Zacks Investment Research raised Whiting Petroleum Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. Finally, Cantor Fitzgerald lowered Whiting Petroleum Corp. from a “buy” rating to a “hold” rating and upped their target price for the company from $10.00 to $11.00 in a research note on Tuesday, April 26th. Three investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Whiting Petroleum Corp. presently has an average rating of “Hold” and an average target price of $16.03.

The company’s 50 day moving average is $10.65 and its 200 day moving average is $8.82. The stock’s market cap is $1.79 billion.

Whiting Petroleum Corp. (NYSE:WLL) last announced its earnings results on Wednesday, April 27th. The oil and gas exploration company reported ($0.85) EPS for the quarter, missing the consensus estimate of ($0.72) by $0.13. The company had revenue of $292 million for the quarter, compared to analysts’ expectations of $346.78 million. Whiting Petroleum Corp.’s revenue for the quarter was down 44.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.23) EPS. Equities research analysts forecast that Whiting Petroleum Corp. will post ($1.95) EPS for the current fiscal year.

In other news, CEO James J. Volker bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were purchased at an average price of $10.30 per share, for a total transaction of $103,000.00. Following the acquisition, the chief executive officer now directly owns 629,514 shares of the company’s stock, valued at approximately $6,483,994.20. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Other hedge funds and institutional investors have recently made changes to their positions in the company. Marshall Wace LLP increased its position in shares of 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. increased its position in shares of 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 increased its position in shares of 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. BNP Paribas Arbitrage SA increased its position in shares of 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. Finally, Employees Retirement System of Texas increased its position in shares of Whiting Petroleum Corp. by 171.6% in the fourth quarter. Employees Retirement System of Texas now owns 182,000 shares of the oil and gas exploration company’s stock valued at $1,718,000 after buying an additional 115,000 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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