Whiting Petroleum Corp (WLL) VP David M. Seery Sells 1,059 Shares
Whiting Petroleum Corp (NYSE:WLL) VP David M. Seery sold 1,059 shares of the business’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $27.77, for a total value of $29,408.43. Following the transaction, the vice president now owns 37,122 shares in the company, valued at approximately $1,030,877.94. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Whiting Petroleum Corp (NYSE:WLL) traded up $1.16 on Friday, hitting $28.89. The stock had a trading volume of 4,004,613 shares, compared to its average volume of 5,310,000. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 0.77. Whiting Petroleum Corp has a 12-month low of $15.88 and a 12-month high of $44.14. The company has a market cap of $2,620.00, a PE ratio of -2.26 and a beta of 3.17.
Whiting Petroleum (NYSE:WLL) last issued its quarterly earnings results on Wednesday, February 21st. The oil and gas exploration company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.13. Whiting Petroleum had a negative return on equity of 3.96% and a negative net margin of 83.54%. The firm had revenue of $474.40 million for the quarter, compared to analysts’ expectations of $424.55 million. During the same period in the previous year, the firm posted ($0.28) EPS. The business’s revenue for the quarter was up 38.4% compared to the same quarter last year. sell-side analysts forecast that Whiting Petroleum Corp will post -0.01 EPS for the current fiscal year.
A number of research analysts recently issued reports on the company. Morgan Stanley boosted their price target on Whiting Petroleum from $14.40 to $22.00 and gave the company a “sell” rating in a report on Wednesday, January 24th. Cowen set a $35.00 price target on Whiting Petroleum and gave the company a “buy” rating in a report on Thursday, January 18th. Mizuho set a $32.00 price target on Whiting Petroleum and gave the company a “hold” rating in a report on Tuesday, January 16th. KeyCorp set a $35.00 price target on Whiting Petroleum and gave the company a “buy” rating in a report on Sunday, January 21st. Finally, Capital One Financial upgraded Whiting Petroleum from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 16th. Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $33.47.
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.
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