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Whiting Petroleum Corp (NYSE:WLL) was upgraded by equities researchers at Simmons from a “neutral” rating to an “overweight” rating in a research report issued on Tuesday.

Shares of Whiting Petroleum Corp (NYSE:WLL) traded down 0.19% during mid-day trading on Tuesday, hitting $84.42. The stock had a trading volume of 955,068 shares. Whiting Petroleum Corp has a 52 week low of $48.12 and a 52 week high of $84.91. The stock has a 50-day moving average of $77.59 and a 200-day moving average of $69.25. The company has a market cap of $10.043 billion and a P/E ratio of 26.04.

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. On average, analysts predict that Whiting Petroleum Corp will post $4.87 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on WLL. Analysts at KLR Group raised their price target on shares of Whiting Petroleum Corp from $41.00 to $141.00 in a research note on Tuesday. Separately, analysts at Wunderlich raised their price target on shares of Whiting Petroleum Corp from $95.00 to $100.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Whiting Petroleum Corp in a research note on Monday. They now have a $90.00 price target on the stock, up previously from $86.00. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $85.50.

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.

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