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

A number of equities analysts have weighed in on WLL shares. Canaccord Genuity reissued a “buy” rating and issued a $13.00 target price on shares of Whiting Petroleum Corp. in a research report on Friday, July 29th. Wunderlich boosted their price target on Whiting Petroleum Corp. from $7.00 to $11.00 and gave the company a “hold” rating in a research note on Friday, July 29th. Cantor Fitzgerald restated a “hold” rating and set a $11.00 price target on shares of Whiting Petroleum Corp. in a research note on Tuesday, July 26th. Seaport Global Securities upgraded Whiting Petroleum Corp. from a “sell” rating to a “neutral” rating and cut their price target for the company from $9.00 to $8.00 in a research note on Tuesday, July 12th. Finally, Citigroup Inc. cut their price target on Whiting Petroleum Corp. from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, July 18th. Two analysts have rated the stock with a sell rating, nineteen have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $15.54.

The stock has a 50-day moving average price of $8.38 and a 200-day moving average price of $8.87. The stock’s market cap is $2.11 billion.

Whiting Petroleum Corp. (NYSE:WLL) last released its quarterly earnings data on Wednesday, July 27th. The oil and gas exploration company reported ($0.70) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.52) by $0.18. The business earned $339.58 million during the quarter, compared to the consensus estimate of $374.83 million. During the same quarter in the prior year, the business earned $0.04 earnings per share. The business’s revenue was down 42.4% compared to the same quarter last year. On average, analysts forecast that Whiting Petroleum Corp. will post ($1.94) earnings per share for the current fiscal year.

Other institutional investors recently added to or reduced their stakes in the company. 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 worth $1,266,000 after buying an additional 83,592 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 worth $1,421,000 after buying an additional 1,456 shares during the period. 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 worth $1,444,000 after buying an additional 92,574 shares during the period. Employees Retirement System of Texas raised its position in 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 worth $1,718,000 after buying an additional 115,000 shares during the period. Finally, First Trust Advisors LP raised its position 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 worth $2,070,000 after buying an additional 67,322 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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