Shares of Whiting Petroleum Corp. (NYSE:WLL) were up 5.5% during trading on Monday . The stock traded as high as $8.25 and last traded at $8.06, with a volume of 15,844,196 shares changing hands. The stock had previously closed at $7.64.

WLL has been the topic of several recent analyst reports. Vetr upgraded shares of Whiting Petroleum Corp. from a “sell” rating to a “hold” rating and set a $10.71 price objective on the stock in a report on Wednesday, April 20th. Morgan Stanley upgraded shares of Whiting Petroleum Corp. from an “underweight” rating to an “equal weight” rating and set a $13.00 price objective on the stock in a report on Friday, June 24th. Cantor Fitzgerald restated a “hold” rating and set a $11.00 price objective on shares of Whiting Petroleum Corp. in a report on Tuesday, July 26th. Zacks Investment Research upgraded shares of Whiting Petroleum Corp. from a “hold” rating to a “buy” rating and set a $9.50 price objective on the stock in a report on Thursday, July 7th. Finally, Canaccord Genuity restated a “buy” rating on shares of Whiting Petroleum Corp. in a report on Thursday, May 12th. Two equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. Whiting Petroleum Corp. presently has a consensus rating of “Hold” and an average target price of $15.68.

The company’s market cap is $2.18 billion. The stock’s 50 day moving average is $8.76 and its 200 day moving average is $8.80.

Whiting Petroleum Corp. (NYSE:WLL) last announced its quarterly earnings results on Wednesday, July 27th. The oil and gas exploration company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.52) by $0.18. During the same quarter last year, the business posted $0.04 earnings per share. The company earned $339.58 million during the quarter, compared to analyst estimates of $374.83 million. The company’s revenue was down 42.4% on a year-over-year basis. Analysts anticipate that Whiting Petroleum Corp. will post ($1.91) EPS for the current fiscal year.

Other hedge funds have bought and sold shares of the company. Rhumbline Advisers boosted its stake 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 in the last quarter. California Public Employees Retirement System boosted its stake in Whiting Petroleum Corp. by 4.6% in the fourth quarter. California Public Employees Retirement System now owns 582,498 shares of the oil and gas exploration company’s stock valued at $5,499,000 after buying an additional 25,400 shares in the last quarter. First Trust Advisors LP boosted its stake in Whiting Petroleum Corp. by 44.3% in the fourth quarter. First Trust Advisors LP now owns 219,304 shares of the oil and gas exploration company’s stock valued at $2,070,000 after buying an additional 67,322 shares in the last quarter. Adams Natural Resources Fund Inc. boosted its stake in Whiting Petroleum Corp. by 44.1% in the fourth quarter. Adams Natural Resources Fund Inc. now owns 251,500 shares of the oil and gas exploration company’s stock valued at $2,374,000 after buying an additional 77,000 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake 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 in the last quarter.

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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