Cooper Creek Partners Management LLC bought a new stake in shares of Whiting Petroleum Corporation (NYSE:WLL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 446,737 shares of the oil and gas exploration company’s stock, valued at approximately $2,462,000. Whiting Petroleum Corporation comprises 1.5% of Cooper Creek Partners Management LLC’s holdings, making the stock its 25th largest holding. Cooper Creek Partners Management LLC owned about 0.12% of Whiting Petroleum Corporation as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WLL. Chicago Equity Partners LLC purchased a new stake in Whiting Petroleum Corporation during the 2nd quarter valued at $102,000. Campbell & CO Investment Adviser LLC increased its stake in shares of Whiting Petroleum Corporation by 24.4% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 20,349 shares of the oil and gas exploration company’s stock worth $112,000 after purchasing an additional 3,988 shares in the last quarter. World Asset Management Inc increased its stake in shares of Whiting Petroleum Corporation by 4.7% in the 1st quarter. World Asset Management Inc now owns 12,665 shares of the oil and gas exploration company’s stock worth $120,000 after purchasing an additional 570 shares in the last quarter. Palisade Capital Management LLC NJ purchased a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter worth $121,000. Finally, Gotham Asset Management LLC increased its stake in shares of Whiting Petroleum Corporation by 22.8% in the 1st quarter. Gotham Asset Management LLC now owns 13,801 shares of the oil and gas exploration company’s stock worth $131,000 after purchasing an additional 2,566 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Shares of Whiting Petroleum Corporation (NYSE WLL) traded down 0.78% during trading on Friday, hitting $5.10. 10,103,622 shares of the stock were exchanged. The company’s market cap is $1.85 billion. Whiting Petroleum Corporation has a one year low of $3.97 and a one year high of $13.39. The stock’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 issued its quarterly earnings data 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. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. The firm had revenue of $311.50 million for the quarter, compared to analyst estimates of $345.64 million. During the same period in the prior year, the business posted ($0.70) EPS. The business’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, analysts predict that Whiting Petroleum Corporation will post ($0.70) EPS for the current year.

Several equities research analysts have recently commented on WLL shares. Citigroup Inc. reduced their price objective on Whiting Petroleum Corporation from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, July 13th. Cowen and Company set a $8.00 price objective on Whiting Petroleum Corporation and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Stifel Nicolaus reduced their price objective on Whiting Petroleum Corporation from $12.00 to $11.50 and set a “buy” rating for the company in a research note on Thursday, July 27th. KeyCorp reaffirmed a “buy” rating and issued a $7.00 target price on shares of Whiting Petroleum Corporation in a report on Tuesday. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $10.00 target price on shares of Whiting Petroleum Corporation in a report on Thursday, June 22nd. Eight analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $10.56.

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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.

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

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