Valuation Review and Technical Analysis of Whiting Petroleum Corp (WLL)

Most Analysts Rate Whiting Petroleum as a ‘Hold’

Valuation Review and Technical Analysis of Whiting Petroleum Corp (WLL)

On a Monthly basis the stock is 27.49%. Barclays Capital maintained Whiting Petroleum Corp (NYSE:WLL) on Wednesday, October 11 with "Equal-Weight" rating. The VC1 of Whiting Petroleum Corporation (NYSE:WLL) is 40.

Analysts await Whiting Petroleum Corp (NYSE:WLL) to report earnings on October, 25. Its opening price on the last trading day was $5.24.

Turning to New Gold Inc. Currently, the stock has a 3 months average volume of 0.57 million. Dimensional Fund Advisors LP grew its position in Whiting Petroleum Corporation by 21.0% in the 2nd quarter. The target implies a 6.56% spike from where the shares are now trading. Palisade Capital Management LLC NJ bought a new position in Whiting Petroleum Corporation in the 2nd quarter worth $121,000. Finally, Numeric Investors LLC increased its stake in Whiting Petroleum Corporation by 163.0% in the 2nd quarter. Analysts forecast earnings per share of $-0.22, up exactly $0.25 or 53.19 % from 2014's $-0.47 EPS. Goldman Sachs downgraded the shares of WLL in report on Wednesday, July 6 to "Neutral" rating. BidaskClub raised Whiting Petroleum Corporation from a "strong sell" rating to a "sell" rating in a research report on Wednesday, June 14th. KeyCorp reissued a "buy" rating and issued a $7.00 price target on shares of Whiting Petroleum Corporation in a research report on Tuesday, September 19th.

"WLL's Chairman, President and CEO VOLKER JAMES J Buy 10000 shares of the company at a price of $10.3 on 2016-05-03". Finally, Zacks Investment Research cut Whiting Petroleum Corporation from a "hold" rating to a "sell" rating in a research note on Thursday, July 13th. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.

The price target set for the stock is $7.65 and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research. If you are viewing this story on another domain, it was copied illegally and republished in violation of United States and worldwide copyright laws. The original version of this piece of content can be read at

Draw In Crude Inventories Lifts Oil Prices
Brent crude futures, the worldwide benchmark for oil prices, were down 78 cents, or 1.4%, at $56.16 late morning Thursday. Traders said they would look to USA fuel inventory data on Wednesday and Thursday for indicators on price direction.

Following some signal indicators for Whiting Petroleum Corp (WLL), we have recorded the 100-day moving average verse price signal as Sell. Relative volume is an indicator that tells traders and investors how recent volume is compared to past trading volumes over a given period. Wells Fargo Mn holds 0% of its portfolio in Whiting Petroleum Corp (NYSE:WLL) for 2.54 million shares. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 1.32%, whereas SMA50 and SMA200 are 10.02% and -31.62% respectively. As per Friday, April 21, the company rating was maintained by RBC Capital Markets.

Whiting Petroleum Corporation (WLL)'s bearish picture have been built after taking the consideration of last five trading activity.

Endocyte, Inc. (NASDAQ:ECYT)posting a 0.58% after which it closed the day' session at $5.22 and sees an average of 2.71M shares trade hands in each session while it's while its relative trading volume is 1.43. The company had revenue of $311.50 million for the quarter, compared to analysts' expectations of $345.64 million.

While having a peek at profitability ratios Whiting Petroleum Corp (NYSE:WLL) has trailing twelve month gross margin at 75.1%, its trailing twelve month operating margin stands at -25.6% whereas its trailing twelve month net profit margin spots at -76%. During the same quarter in the previous year, the firm earned ($0.70) earnings per share.

According to Zacks, "WHITING PETROLEUM CORPORATION, a DE corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and MI regions of the United States". 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 and natural gas.

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