National Planning Corp purchased a new position in shares of Whiting Petroleum Corporation (NYSE:WLL) during the second quarter, Holdings Channel reports. The fund purchased 78,025 shares of the oil and gas exploration company’s stock, valued at approximately $456,000.

Several other hedge funds have also made changes to their positions in WLL. Campbell & CO Investment Adviser LLC boosted its stake in 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 buying an additional 3,988 shares in the last quarter. World Asset Management Inc boosted its stake in Whiting Petroleum Corporation by 4.7% in the first quarter. World Asset Management Inc now owns 12,665 shares of the oil and gas exploration company’s stock valued at $120,000 after buying an additional 570 shares in the last quarter. Palisade Capital Management LLC NJ purchased a new stake in Whiting Petroleum Corporation during the second quarter valued at about $121,000. Gotham Asset Management LLC boosted its stake in Whiting Petroleum Corporation by 22.8% in the first quarter. Gotham Asset Management LLC now owns 13,801 shares of the oil and gas exploration company’s stock valued at $131,000 after buying an additional 2,566 shares in the last quarter. Finally, Capital Innovations LLC purchased a new stake in Whiting Petroleum Corporation during the first quarter valued at about $133,000. Institutional investors own 82.63% of the company’s stock.

Shares of Whiting Petroleum Corporation (WLL) opened at 4.79 on Friday. The company’s market cap is $1.74 billion. Whiting Petroleum Corporation has a one year low of $4.61 and a one year high of $13.39. The firm has a 50-day moving average of $5.19 and a 200-day moving average of $8.03.

Whiting Petroleum Corporation (NYSE:WLL) last released its quarterly earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.01. The company had revenue of $311.50 million for the quarter, compared to the consensus estimate of $345.64 million. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. Whiting Petroleum Corporation’s revenue was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.70) earnings per share. Equities research analysts forecast that Whiting Petroleum Corporation will post ($0.71) EPS for the current fiscal year.

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Several analysts have issued reports on WLL shares. Barclays PLC reiterated a “hold” rating and issued a $10.00 target price on shares of Whiting Petroleum Corporation in a research note on Thursday, April 20th. Royal Bank Of Canada reiterated a “hold” rating and issued a $12.00 target price on shares of Whiting Petroleum Corporation in a research note on Tuesday, April 25th. R. F. Lafferty increased their target price on shares of Whiting Petroleum Corporation from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, April 27th. KLR Group increased their target price on shares of Whiting Petroleum Corporation from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Monday, May 1st. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $15.00 target price on shares of Whiting Petroleum Corporation in a research note on Monday, May 8th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $11.28.

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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