GRT Capital Partners L.L.C. grew its position in Whiting Petroleum Corporation (NYSE:WLL) by 15.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 681,135 shares of the oil and gas exploration company’s stock after purchasing an additional 91,137 shares during the quarter. Whiting Petroleum Corporation comprises approximately 2.2% of GRT Capital Partners L.L.C.’s investment portfolio, making the stock its 8th biggest holding. GRT Capital Partners L.L.C. owned about 0.19% of Whiting Petroleum Corporation worth $3,753,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WLL. Teacher Retirement System of Texas lifted its position in Whiting Petroleum Corporation by 2.2% during the first quarter. Teacher Retirement System of Texas now owns 22,179 shares of the oil and gas exploration company’s stock valued at $210,000 after purchasing an additional 487 shares during the period. World Asset Management Inc lifted its position in Whiting Petroleum Corporation by 4.7% during 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 purchasing an additional 570 shares during the period. Sentinel Trust Co. LBA lifted its position in Whiting Petroleum Corporation by 0.6% during the second quarter. Sentinel Trust Co. LBA now owns 151,560 shares of the oil and gas exploration company’s stock valued at $835,000 after purchasing an additional 850 shares during the period. Investment Centers of America Inc. lifted its position in Whiting Petroleum Corporation by 2.3% during the first quarter. Investment Centers of America Inc. now owns 41,362 shares of the oil and gas exploration company’s stock valued at $392,000 after purchasing an additional 946 shares during the period. Finally, HL Financial Services LLC lifted its position in Whiting Petroleum Corporation by 2.1% during the second quarter. HL Financial Services LLC now owns 49,780 shares of the oil and gas exploration company’s stock valued at $274,000 after purchasing an additional 1,000 shares during the period. 83.96% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have weighed in on WLL. Goldman Sachs Group, Inc. (The) downgraded shares of Whiting Petroleum Corporation from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $11.50 to $7.25 in a research report 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 objective for the company. in a research report on Thursday, June 1st. Royal Bank Of Canada set a $12.00 price objective 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 objective for the stock from $5.30 to $5.70 in a research report on Wednesday, June 21st. Eight investment analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. Whiting Petroleum Corporation currently has a consensus rating of “Hold” and an average price target of $10.99.

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Shares of Whiting Petroleum Corporation (NYSE WLL) traded up 5.518% during midday trading on Wednesday, hitting $4.685. 11,407,499 shares of the stock were exchanged. The stock’s 50-day moving average price is $4.67 and its 200 day moving average price is $6.99. Whiting Petroleum Corporation has a one year low of $3.97 and a one year high of $13.39. The stock’s market cap is $1.70 billion.

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

Whiting Petroleum Corporation 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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Institutional Ownership by Quarter for Whiting Petroleum Corporation (NYSE:WLL)

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