Whiting Petroleum (NYSE:WLL) was upgraded by analysts at Seaport Global Securities from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday.

WLL has been the topic of several other reports. Imperial Capital upped their price target on Whiting Petroleum from $6.00 to $30.00 and gave the company a “line” rating in a research report on Monday, November 13th. ValuEngine lowered Whiting Petroleum from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. R. F. Lafferty reissued a “hold” rating and set a $28.00 price target on shares of Whiting Petroleum in a research report on Tuesday, December 12th. Jefferies Group assumed coverage on Whiting Petroleum in a research report on Monday, October 9th. They set a “hold” rating and a $24.00 price target on the stock. Finally, Credit Suisse Group assumed coverage on Whiting Petroleum in a research report on Monday, December 11th. They set a “neutral” rating and a $29.00 price target on the stock. Seven analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Whiting Petroleum has a consensus rating of “Hold” and a consensus price target of $33.58.

Shares of Whiting Petroleum (NYSE WLL) opened at $24.37 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.59. Whiting Petroleum has a 52-week low of $15.88 and a 52-week high of $53.48.

Whiting Petroleum (NYSE:WLL) last announced its earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.80) by $0.24. The company had revenue of $324.20 million for the quarter, compared to analyst estimates of $330.25 million. Whiting Petroleum had a negative return on equity of 5.06% and a negative net margin of 45.39%. Whiting Petroleum’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.88) earnings per share. research analysts predict that Whiting Petroleum will post -2.35 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of the business. Hotchkis & Wiley Capital Management LLC increased its position in Whiting Petroleum by 44.8% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 28,255,537 shares of the oil and gas exploration company’s stock worth $154,275,000 after purchasing an additional 8,737,870 shares during the last quarter. Vanguard Group Inc. increased its position in Whiting Petroleum by 0.9% in the 2nd quarter. Vanguard Group Inc. now owns 28,173,403 shares of the oil and gas exploration company’s stock worth $155,236,000 after purchasing an additional 254,053 shares during the last quarter. Fine Capital Partners L.P. increased its position in Whiting Petroleum by 23.7% in the 3rd quarter. Fine Capital Partners L.P. now owns 26,394,454 shares of the oil and gas exploration company’s stock worth $144,114,000 after purchasing an additional 5,057,592 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Whiting Petroleum 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 worth $142,153,000 after purchasing an additional 4,483,396 shares during the last quarter. Finally, Schneider Capital Management Corp increased its position in Whiting Petroleum by 63.7% in the 2nd quarter. Schneider Capital Management Corp now owns 5,729,569 shares of the oil and gas exploration company’s stock worth $31,570,000 after purchasing an additional 2,230,237 shares during the last quarter.

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Whiting Petroleum 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.

Analyst Recommendations for Whiting Petroleum (NYSE:WLL)

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