KeyCorp restated their buy rating on shares of Whiting Petroleum Corporation (NYSE:WLL) in a research note issued to investors on Tuesday. KeyCorp currently has a $7.00 target price on the oil and gas exploration company’s stock.

Other analysts also recently issued reports about the company. BMO Capital Markets reaffirmed a hold rating and set a $10.00 price objective on shares of Whiting Petroleum Corporation in a research note on Thursday, June 22nd. Seaport Global Securities downgraded Whiting Petroleum Corporation from a neutral rating to a sell rating and reduced their price objective for the company from $10.00 to $4.00 in a research note on Wednesday, June 21st. Piper Jaffray Companies reduced their price objective on Whiting Petroleum Corporation from $10.00 to $7.00 and set a neutral rating for the company in a research note on Monday. Credit Suisse Group downgraded Whiting Petroleum Corporation from an outperform rating to a neutral rating and set a $13.00 price objective for the company. in a research note on Thursday, June 1st. Finally, BidaskClub downgraded Whiting Petroleum Corporation from a sell rating to a strong sell rating in a research note on Saturday, June 24th. Eight research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Whiting Petroleum Corporation has an average rating of Hold and an average price target of $10.56.

Shares of Whiting Petroleum Corporation (NYSE WLL) opened at 5.14 on Tuesday. Whiting Petroleum Corporation has a 12-month low of $3.97 and a 12-month high of $13.39. The firm’s market capitalization is $1.86 billion. The company’s 50-day moving average price is $4.60 and its 200 day moving average price is $6.72.

Whiting Petroleum Corporation (NYSE:WLL) last posted its quarterly earnings data on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.01. The firm had revenue of $311.50 million during the quarter, compared to the consensus estimate 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 firm’s revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.70) EPS. On average, equities research analysts forecast that Whiting Petroleum Corporation will post ($0.70) EPS for the current fiscal year.

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Institutional investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its stake in shares of Whiting Petroleum Corporation by 4.0% during the 1st quarter. Geode Capital Management LLC now owns 2,006,965 shares of the oil and gas exploration company’s stock worth $18,985,000 after purchasing an additional 77,223 shares during the period. Stephens Inc. AR purchased a new position in shares of Whiting Petroleum Corporation during the 1st quarter worth $790,000. Teacher Retirement System of Texas lifted its stake in shares of Whiting Petroleum Corporation by 2.2% during the 1st quarter. Teacher Retirement System of Texas now owns 22,179 shares of the oil and gas exploration company’s stock worth $210,000 after purchasing an additional 487 shares during the period. Wellington Management Group LLP lifted its stake in shares of Whiting Petroleum Corporation by 218.9% during the 1st quarter. Wellington Management Group LLP now owns 899,712 shares of the oil and gas exploration company’s stock worth $8,511,000 after purchasing an additional 617,558 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Whiting Petroleum Corporation by 95.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 21,315,605 shares of the oil and gas exploration company’s stock worth $201,642,000 after purchasing an additional 10,428,144 shares during the period. 84.06% of the stock is currently owned by institutional investors.

About Whiting Petroleum Corporation

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.

Analyst Recommendations for Whiting Petroleum Corporation (NYSE:WLL)

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