Gabelli Funds LLC decreased its holdings in Whiting Petroleum Corporation (NYSE:WLL) by 8.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 143,700 shares of the oil and gas exploration company’s stock after selling 13,000 shares during the period. Gabelli Funds LLC’s holdings in Whiting Petroleum Corporation were worth $785,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Chicago Equity Partners LLC bought a new stake in Whiting Petroleum Corporation during the second quarter worth approximately $102,000. Campbell & CO Investment Adviser LLC boosted its position in shares of Whiting Petroleum Corporation by 24.4% in the second quarter. Campbell & CO Investment Adviser LLC now owns 20,349 shares of the oil and gas exploration company’s stock valued at $112,000 after acquiring an additional 3,988 shares during the period. Palisade Capital Management LLC NJ bought a new stake in shares of Whiting Petroleum Corporation in the second quarter valued at approximately $121,000. Private Capital Management Inc. boosted its position in shares of Whiting Petroleum Corporation by 25.0% in the second quarter. Private Capital Management Inc. now owns 25,000 shares of the oil and gas exploration company’s stock valued at $138,000 after acquiring an additional 5,000 shares during the period. Finally, First Allied Advisory Services Inc. boosted its position in shares of Whiting Petroleum Corporation by 2.0% in the second quarter. First Allied Advisory Services Inc. now owns 24,585 shares of the oil and gas exploration company’s stock valued at $138,000 after acquiring an additional 475 shares during the period. Institutional investors own 84.33% of the company’s stock.

WLL has been the subject of a number of recent research reports. upgraded Whiting Petroleum Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. upped their target price on Whiting Petroleum Corporation from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, November 10th. restated a “buy” rating and issued a $32.00 target price on shares of Whiting Petroleum Corporation in a research note on Friday, November 10th. upped their target price on Whiting Petroleum Corporation from $6.00 to $30.00 and gave the company a “line” rating in a research note on Monday. Finally, J P Morgan Chase & Co cut their target price on Whiting Petroleum Corporation from $32.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, November 1st. Seven equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $36.65.

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Whiting Petroleum Corporation (NYSE:WLL) opened at $23.54 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.59 and a quick ratio of 0.59. Whiting Petroleum Corporation has a fifty-two week low of $15.88 and a fifty-two week high of $53.56.

Whiting Petroleum Corporation (NYSE:WLL) last posted its quarterly earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) EPS for the quarter, topping analysts’ consensus estimates of ($0.80) by $0.24. Whiting Petroleum Corporation had a negative return on equity of 5.06% and a negative net margin of 45.39%. The company had revenue of $324.20 million during the quarter, compared to analysts’ expectations of $330.25 million. During the same quarter in the previous year, the firm earned ($1.88) EPS. Whiting Petroleum Corporation’s revenue was up 2.8% on a year-over-year basis. research analysts anticipate that Whiting Petroleum Corporation will post -2.44 EPS for the current fiscal year.

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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