Whiting Petroleum (NYSE:WLL) was upgraded by research analysts at Seaport Global Securities from a “sell” rating to a “neutral” rating in a research note issued on Tuesday, The Fly reports.
Several other brokerages have also recently weighed in on WLL. Cowen reiterated a “buy” rating and set a $32.00 price target on shares of Whiting Petroleum in a research note on Sunday, September 17th. Zacks Investment Research upgraded shares of Whiting Petroleum from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Thursday, October 12th. Barclays lifted their price target on shares of Whiting Petroleum from $5.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Monday, November 20th. Morgan Stanley set a $16.00 price target on shares of Whiting Petroleum and gave the stock a “sell” rating in a research note on Thursday, October 26th. Finally, BMO Capital Markets set a $24.00 price target on shares of Whiting Petroleum and gave the stock a “hold” rating in a research note on Tuesday, October 10th. Seven equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $33.58.
Whiting Petroleum (NYSE WLL) opened at $23.25 on Tuesday. Whiting Petroleum has a one year low of $15.88 and a one year high of $53.48. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.59.
Several institutional investors and hedge funds have recently added to or reduced their stakes in WLL. Chicago Equity Partners LLC purchased a new position in shares of Whiting Petroleum during the 2nd quarter valued at $102,000. Cubist Systematic Strategies LLC purchased a new stake in Whiting Petroleum in the 3rd quarter worth $133,000. First Allied Advisory Services Inc. lifted its stake in Whiting Petroleum by 2.0% in the 2nd quarter. First Allied Advisory Services Inc. now owns 24,585 shares of the oil and gas exploration company’s stock worth $138,000 after purchasing an additional 475 shares in the last quarter. Gotham Asset Management LLC lifted its stake in Whiting Petroleum by 92.9% in the 2nd quarter. Gotham Asset Management LLC now owns 26,616 shares of the oil and gas exploration company’s stock worth $147,000 after purchasing an additional 12,815 shares in the last quarter. Finally, Advisor Group Inc. lifted its stake in Whiting Petroleum by 167.2% in the 3rd quarter. Advisor Group Inc. now owns 28,135 shares of the oil and gas exploration company’s stock worth $154,000 after purchasing an additional 17,604 shares in the last quarter.
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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.
