HAP Trading LLC raised its holdings in Whiting Petroleum Corporation (NYSE:WLL) by 180.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,913 shares of the oil and gas exploration company’s stock after buying an additional 24,413 shares during the quarter. HAP Trading LLC’s holdings in Whiting Petroleum Corporation were worth $209,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WLL. Dimensional Fund Advisors LP boosted its stake in shares of Whiting Petroleum Corporation by 95.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 21,315,605 shares of the oil and gas exploration company’s stock valued at $201,642,000 after purchasing an additional 10,428,144 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Whiting Petroleum Corporation by 28.6% in the 1st quarter. Vanguard Group Inc. now owns 27,919,350 shares of the oil and gas exploration company’s stock valued at $264,116,000 after purchasing an additional 6,211,479 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Whiting Petroleum Corporation in the 1st quarter valued at $29,442,000. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Whiting Petroleum Corporation by 10.2% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 18,077,394 shares of the oil and gas exploration company’s stock valued at $171,012,000 after purchasing an additional 1,676,942 shares in the last quarter. Finally, Caymus Capital Partners L.P. boosted its stake in shares of Whiting Petroleum Corporation by 55.9% in the 2nd quarter. Caymus Capital Partners L.P. now owns 3,724,500 shares of the oil and gas exploration company’s stock valued at $20,522,000 after purchasing an additional 1,335,900 shares in the last quarter. Institutional investors own 83.96% of the company’s stock.

Shares of Whiting Petroleum Corporation (WLL) traded up 5.2430% during trading on Thursday, reaching $4.8938. The company’s stock had a trading volume of 2,530,928 shares. The company has a 50 day moving average of $4.65 and a 200 day moving average of $6.94. Whiting Petroleum Corporation has a 12-month low of $3.97 and a 12-month high of $13.39. The company’s market cap is $1.78 billion. Whiting Petroleum Corporation also saw some unusual options trading on Wednesday. Stock traders acquired 1,246 put options on the stock. This represents an increase of 159% compared to the average volume of 482 put options.

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

Several brokerages have recently commented on WLL. BMO Capital Markets restated a “hold” rating and issued a $10.00 target price on shares of Whiting Petroleum Corporation in a research note on Thursday, June 22nd. Seaport Global Securities downgraded shares of Whiting Petroleum Corporation from a “neutral” rating to a “sell” rating and reduced their target price for the company from $10.00 to $4.00 in a research note on Wednesday, June 21st. Morgan Stanley downgraded shares of Whiting Petroleum Corporation from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $5.00 to $3.50 in a research note on Tuesday. Credit Suisse Group downgraded shares of Whiting Petroleum Corporation from an “outperform” rating to a “neutral” rating and set a $13.00 target price on the stock. in a research note on Thursday, June 1st. Finally, BidaskClub downgraded shares of Whiting Petroleum Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. Eight equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. Whiting Petroleum Corporation currently has a consensus rating of “Hold” and an average price target of $10.99.

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Whiting Petroleum Corporation 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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