Whiting Petroleum Corp. (NYSE:WLL)’s share price rose 4.6% during trading on Friday . The stock traded as high as $7.48 and last traded at $7.44, with a volume of 12,058,622 shares changing hands. The stock had previously closed at $7.11.

A number of equities research analysts recently issued reports on the stock. KLR Group reiterated a “buy” rating and issued a $15.00 price objective (down from $19.00) on shares of Whiting Petroleum Corp. in a report on Wednesday, June 29th. Vetr cut shares of Whiting Petroleum Corp. from a “strong-buy” rating to a “buy” rating and set a $13.63 price objective for the company. in a report on Wednesday, June 1st. Canaccord Genuity reiterated a “buy” rating on shares of Whiting Petroleum Corp. in a report on Thursday, May 12th. Zacks Investment Research upgraded shares of Whiting Petroleum Corp. from a “hold” rating to a “buy” rating and set a $9.50 price objective for the company in a report on Thursday, July 7th. Finally, Citigroup Inc. decreased their price objective on shares of Whiting Petroleum Corp. from $18.00 to $16.00 and set a “buy” rating for the company in a report on Monday, July 18th. Two investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $13.55.

The company’s 50 day moving average is $7.77 and its 200-day moving average is $9.02. The company’s market cap is $2.04 billion.

Whiting Petroleum Corp. (NYSE:WLL) last announced its earnings results on Wednesday, July 27th. The oil and gas exploration company reported ($0.70) EPS for the quarter, missing the consensus estimate of ($0.52) by $0.18. During the same period last year, the firm earned $0.04 earnings per share. The company had revenue of $339.58 million for the quarter, compared to analyst estimates of $374.83 million. The business’s revenue for the quarter was down 42.4% compared to the same quarter last year. Equities analysts anticipate that Whiting Petroleum Corp. will post ($2.03) EPS for the current fiscal year.

An institutional investor recently raised its position in Whiting Petroleum Corp. stock. Employees Retirement System of Texas raised its stake in Whiting Petroleum Corp. (NYSE:WLL) by 171.6% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 182,000 shares of the oil and gas exploration company’s stock after buying an additional 115,000 shares during the period. Employees Retirement System of Texas owned about 0.09% of Whiting Petroleum Corp. worth $1,718,000 at the end of the most recent 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.