Whiting Petroleum Corp (NYSE:WLL) – Equities researchers at KeyCorp issued their Q1 2019 earnings per share (EPS) estimates for Whiting Petroleum in a research note issued to investors on Tuesday. KeyCorp analyst D. Deckelbaum anticipates that the oil and gas exploration company will post earnings of ($0.07) per share for the quarter. KeyCorp has a “Buy” rating and a $28.00 price objective on the stock. KeyCorp also issued estimates for Whiting Petroleum’s Q2 2019 earnings at ($0.02) EPS, Q3 2019 earnings at $0.05 EPS and FY2019 earnings at ($0.03) EPS.

WLL has been the topic of a number of other research reports. Tudor Pickering cut Whiting Petroleum from a “hold” rating to a “sell” rating in a report on Tuesday, September 5th. ValuEngine cut Whiting Petroleum from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Morgan Stanley set a $16.00 price objective on Whiting Petroleum and gave the stock a “sell” rating in a report on Wednesday, October 18th. Zacks Investment Research cut Whiting Petroleum from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Finally, Barclays set a $20.00 price target on Whiting Petroleum and gave the company a “hold” rating in a report on Wednesday, October 11th. Eight analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $33.83.

Shares of Whiting Petroleum (WLL) traded down $0.15 on Thursday, reaching $22.39. The company had a trading volume of 3,688,047 shares, compared to its average volume of 4,787,456. 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 twelve month low of $15.88 and a twelve month high of $53.48.

Whiting Petroleum (NYSE:WLL) last issued its quarterly earnings data 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 business had revenue of $324.20 million for the quarter, compared to analysts’ expectations of $330.25 million. Whiting Petroleum had a negative return on equity of 5.06% and a negative net margin of 45.39%. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.88) EPS.

Several institutional investors have recently made changes to their positions in the company. Wealthsource Partners LLC increased its position in shares of Whiting Petroleum by 51.8% during the 3rd quarter. Wealthsource Partners LLC now owns 79,875 shares of the oil and gas exploration company’s stock valued at $436,000 after purchasing an additional 27,250 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Whiting Petroleum by 5.9% during the 3rd quarter. California Public Employees Retirement System now owns 685,691 shares of the oil and gas exploration company’s stock valued at $3,744,000 after purchasing an additional 37,993 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Whiting Petroleum during the 3rd quarter valued at about $133,000. Janus Henderson Group PLC increased its position in shares of Whiting Petroleum by 28.7% during the 3rd quarter. Janus Henderson Group PLC now owns 1,026,744 shares of the oil and gas exploration company’s stock valued at $5,606,000 after purchasing an additional 228,987 shares during the last quarter. Finally, DW Partners LP bought a new position in shares of Whiting Petroleum during the 3rd quarter valued at about $10,390,000.

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About Whiting Petroleum

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.

Earnings History and Estimates for Whiting Petroleum (NYSE:WLL)

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