Outfitter Advisors LTD. decreased its position in shares of Whiting Petroleum Corporation (NYSE:WLL) by 45.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,670 shares of the oil and gas exploration company’s stock after selling 57,550 shares during the period. Outfitter Advisors LTD.’s holdings in Whiting Petroleum Corporation were worth $378,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of WLL. Henderson Group PLC raised its stake in Whiting Petroleum Corporation by 30.4% in the first quarter. Henderson Group PLC now owns 990,267 shares of the oil and gas exploration company’s stock worth $9,368,000 after buying an additional 230,974 shares in the last quarter. Carl Domino Inc raised its stake in Whiting Petroleum Corporation by 18.8% in the first quarter. Carl Domino Inc now owns 19,000 shares of the oil and gas exploration company’s stock worth $180,000 after buying an additional 3,000 shares in the last quarter. Caymus Capital Partners L.P. raised its stake in Whiting Petroleum Corporation by 119.2% in the first quarter. Caymus Capital Partners L.P. now owns 2,388,600 shares of the oil and gas exploration company’s stock worth $22,596,000 after buying an additional 1,299,100 shares in the last quarter. Sentinel Trust Co. LBA raised its stake in Whiting Petroleum Corporation by 154.9% in the first quarter. Sentinel Trust Co. LBA now owns 150,710 shares of the oil and gas exploration company’s stock worth $1,426,000 after buying an additional 91,580 shares in the last quarter. Finally, Private Capital Management Inc. raised its stake in Whiting Petroleum Corporation by 33.3% in the first quarter. Private Capital Management Inc. now owns 20,000 shares of the oil and gas exploration company’s stock worth $189,000 after buying an additional 5,000 shares in the last quarter. Institutional investors own 82.63% of the company’s stock.

Shares of Whiting Petroleum Corporation (NYSE WLL) opened at 4.79 on Friday. Whiting Petroleum Corporation has a 52 week low of $4.61 and a 52 week high of $13.39. The company’s market capitalization is $1.74 billion. The company’s 50 day moving average is $5.19 and its 200-day moving average is $8.03.

Whiting Petroleum Corporation (NYSE:WLL) last announced its earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.01. The company had revenue of $311.50 million for the quarter, compared to analysts’ expectations of $345.64 million. Whiting Petroleum Corporation had a negative return on equity of 6.77% and a negative net margin of 88.27%. The business’s revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.70) earnings per share. On average, analysts expect that Whiting Petroleum Corporation will post ($0.71) EPS for the current fiscal year.

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A number of research firms have recently issued reports on WLL. BMO Capital Markets set a $10.00 price objective on shares of Whiting Petroleum Corporation and gave the company a “hold” rating in a research note on Monday, May 15th. FBR & Co dropped their price objective on shares of Whiting Petroleum Corporation from $13.00 to $11.00 and set a “mkt perform” rating on the stock in a research note on Wednesday, May 10th. Iberia Capital reiterated a “sector perform” rating and set a $10.00 price objective on shares of Whiting Petroleum Corporation in a research note on Friday, May 12th. KLR Group lifted their price objective on shares of Whiting Petroleum Corporation from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Monday, May 1st. Finally, Credit Suisse Group reiterated an “outperform” rating and set a $15.00 price objective on shares of Whiting Petroleum Corporation in a research note on Monday, May 8th. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $11.28.

Whiting Petroleum Corporation Company Profile

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 region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

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Institutional Ownership by Quarter for Whiting Petroleum Corporation (NYSE:WLL)

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