Whiting Petroleum Corp Price Target Increased to $110.00 by Analysts at Howard Weil (WLL)
Equities research analysts at Howard Weil boosted their target price on shares of Whiting Petroleum Corp (NYSE:WLL) from $98.00 to $110.00 in a research note issued to investors on Thursday. The firm currently has a “focus stock” rating on the stock. Howard Weil’s price objective would suggest a potential upside of 35.84% from the stock’s previous close.
Shares of Whiting Petroleum Corp (NYSE:WLL) opened at 80.98 on Thursday. Whiting Petroleum Corp has a 52-week low of $48.05 and a 52-week high of $82.35. The stock has a 50-day moving average of $76.80 and a 200-day moving average of $68.80. The company has a market cap of $9.633 billion and a price-to-earnings ratio of 24.93.
Whiting Petroleum Corp (NYSE:WLL) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.96 by $0.09. The company had revenue of $740.25 million for the quarter, compared to the consensus estimate of $691.58 million. Analysts expect that Whiting Petroleum Corp will post $4.78 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Whiting Petroleum Corp from a “sell” rating to a “neutral” rating in a research note on Monday, May 19th. Separately, analysts at ING Group initiated coverage on shares of Whiting Petroleum Corp in a research note on Friday, May 16th. They set a “buy” rating and a $96.00 price target on the stock. Finally, analysts at Brean Capital initiated coverage on shares of Whiting Petroleum Corp in a research note on Friday, May 16th. They set a “buy” rating and a $96.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Whiting Petroleum Corp currently has a consensus rating of “Buy” and a consensus price target of $82.83.
Whiting Petroleum Corporation (NYSE:WLL) is an independent oil and gas company engaged in acquisition, development, exploitation, production and exploration activities primarily in the Rocky Mountains, Permian Basin, Mid-Continent, Michigan and Gulf Coast regions of the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.