Whiting Petroleum Corp. (NYSE:WLL) shares were down 4.7% during trading on Tuesday . The stock traded as low as $7.52 and last traded at $7.56, with a volume of 14,795,277 shares. The stock had previously closed at $7.93.

WLL has been the subject of several recent analyst reports. Vetr downgraded shares of Whiting Petroleum Corp. from a “hold” rating to a “sell” rating and set a $10.28 price objective for the company. in a research report on Thursday, April 14th. Deutsche Bank AG restated a “hold” rating on shares of Whiting Petroleum Corp. in a research report on Thursday, April 14th. Cantor Fitzgerald downgraded shares of Whiting Petroleum Corp. from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $10.00 to $11.00 in a research report on Tuesday, April 26th. Zacks Investment Research upgraded shares of Whiting Petroleum Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, April 27th. Finally, Royal Bank Of Canada downgraded shares of Whiting Petroleum Corp. from an “outperform” rating to a “sector perform” rating and set a $12.00 price objective for the company. in a research report on Thursday, April 28th. Two equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $15.68.

The company’s 50-day moving average is $8.65 and its 200-day moving average is $8.87. The firm’s market cap is $2.10 billion.

Whiting Petroleum Corp. (NYSE:WLL) last released its earnings results on Wednesday, July 27th. The oil and gas exploration company reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.52) by $0.18. During the same quarter in the prior year, the firm posted $0.04 earnings per share. The company earned $339.58 million during the quarter, compared to analysts’ expectations of $374.83 million. The firm’s revenue for the quarter was down 42.4% compared to the same quarter last year. Equities research analysts expect that Whiting Petroleum Corp. will post ($1.91) EPS for the current fiscal year.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. State of Tennessee Treasury Department raised its position in Whiting Petroleum Corp. by 25.0% in the fourth quarter. State of Tennessee Treasury Department now owns 6,173,535 shares of the oil and gas exploration company’s stock worth $58,278,000 after buying an additional 1,236,437 shares during the last quarter. I.G. Investment Management LTD. boosted its position in shares of Whiting Petroleum Corp. by 91.0% in the fourth quarter. I.G. Investment Management LTD. now owns 843,878 shares of the oil and gas exploration company’s stock worth $7,966,000 after buying an additional 402,051 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of 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 worth $5,499,000 after buying an additional 25,400 shares in the last quarter. Stephens Investment Management Group LLC boosted its position in shares of Whiting Petroleum Corp. by 42.2% in the fourth quarter. Stephens Investment Management Group LLC now owns 293,206 shares of the oil and gas exploration company’s stock worth $2,768,000 after buying an additional 87,067 shares in the last quarter. Finally, Broadview Advisors LLC boosted its position in shares of Whiting Petroleum Corp. by 101.5% in the fourth quarter. Broadview Advisors LLC now owns 268,106 shares of the oil and gas exploration company’s stock worth $2,531,000 after buying an additional 135,050 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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