Whiting Petroleum Corp. (NYSE:WLL)’s share price was down 2.7% during trading on Tuesday . The stock traded as low as $7.55 and last traded at $7.56, with a volume of 15,576,578 shares trading hands. The stock had previously closed at $7.77.

Several equities analysts recently commented on WLL shares. Canaccord Genuity reaffirmed a “buy” rating and set a $14.00 price objective (up previously from $12.00) on shares of Whiting Petroleum Corp. in a research note on Monday, May 2nd. SunTrust Banks Inc. reaffirmed a “buy” rating and set a $18.00 price objective on shares of Whiting Petroleum Corp. in a research note on Monday, May 2nd. Vetr raised shares of Whiting Petroleum Corp. from a “hold” rating to a “buy” rating and set a $10.43 price objective for the company in a research note on Monday, May 9th. KLR Group reiterated a “buy” rating and set a $15.00 target price (down from $19.00) on shares of Whiting Petroleum Corp. in a research report on Wednesday, June 29th. Finally, Zacks Investment Research upgraded shares of Whiting Petroleum Corp. from a “hold” rating to a “buy” rating and set a $9.50 target price for the company in a research report on Thursday, July 7th. Two investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $13.55.

The company’s market cap is $2.09 billion. The stock’s 50-day moving average is $7.86 and its 200-day moving average is $9.04.

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 for the quarter, missing the consensus estimate of ($0.52) by $0.18. The firm earned $339.58 million during the quarter, compared to analyst estimates of $374.83 million. During the same period last year, the business posted $0.04 EPS. The company’s revenue was down 42.4% on a year-over-year basis. On average, equities analysts forecast that Whiting Petroleum Corp. will post ($2.01) earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in WLL. Marshall Wace LLP increased 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 during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in Whiting Petroleum Corp. by 85.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 162,000 shares of the oil and gas exploration company’s stock valued at $1,529,000 after buying an additional 74,500 shares during the last quarter. Employees Retirement System of Texas increased its stake 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 valued at $1,718,000 after buying an additional 115,000 shares during the last quarter. Finally, I.G. Investment Management LTD. increased its stake in 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 valued at $7,966,000 after buying an additional 402,051 shares during 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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