Fine Capital Partners L.P. grew its position in Whiting Petroleum Corporation (NYSE:WLL) by 53.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,336,862 shares of the oil and gas exploration company’s stock after purchasing an additional 7,450,722 shares during the period. Whiting Petroleum Corporation comprises approximately 13.9% of Fine Capital Partners L.P.’s holdings, making the stock its 2nd biggest holding. Fine Capital Partners L.P. owned about 5.88% of Whiting Petroleum Corporation worth $117,566,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Whiting Petroleum Corporation by 21.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,799,001 shares of the oil and gas exploration company’s stock valued at $142,153,000 after purchasing an additional 4,483,396 shares in the last quarter. Virtu KCG Holdings LLC boosted its stake in shares of Whiting Petroleum Corporation by 371.2% in the 2nd quarter. Virtu KCG Holdings LLC now owns 307,726 shares of the oil and gas exploration company’s stock valued at $1,696,000 after purchasing an additional 242,425 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter valued at $2,462,000. Cibc World Markets Corp acquired a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter valued at $3,168,000. Finally, Piermont Capital Management Inc. acquired a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter valued at $1,685,000. Institutional investors own 84.40% of the company’s stock.

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Whiting Petroleum Corporation (NYSE WLL) traded up 0.36% during mid-day trading on Tuesday, reaching $5.58. The company had a trading volume of 10,242,472 shares. The firm’s 50-day moving average is $4.60 and its 200-day moving average is $6.72. The firm’s market capitalization is $2.02 billion. Whiting Petroleum Corporation has a one year low of $3.97 and a one year high of $13.39.

Whiting Petroleum Corporation (NYSE:WLL) last issued its earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.01. The business 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 for the quarter was down 7.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.70) earnings per share. On average, equities research analysts anticipate that Whiting Petroleum Corporation will post ($0.70) earnings per share for the current fiscal year.

Several equities research analysts have recently commented on WLL shares. Goldman Sachs Group, Inc. (The) downgraded shares of Whiting Petroleum Corporation from a “neutral” rating to a “sell” rating and reduced their target price for the company from $11.50 to $7.25 in a research note on Tuesday, May 30th. Credit Suisse Group downgraded shares of Whiting Petroleum Corporation from an “outperform” rating to a “neutral” rating and set a $13.00 price target on the stock. in a research report on Thursday, June 1st. Royal Bank Of Canada set a $12.00 price target on shares of Whiting Petroleum Corporation and gave the stock a “hold” rating in a research report on Friday, June 2nd. BidaskClub upgraded shares of Whiting Petroleum Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 14th. Finally, Macquarie downgraded shares of Whiting Petroleum Corporation from an “outperform” rating to a “neutral” rating and upped their price target for the stock from $5.30 to $5.70 in a research report on Wednesday, June 21st. Eight analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. Whiting Petroleum Corporation has a consensus rating of “Hold” and a consensus target price of $10.56.

Whiting Petroleum Corporation 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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