Whiting Petroleum (NYSE:WLL) was upgraded by equities researchers at Capital One Financial from an “equal weight” rating to an “overweight” rating in a research note issued on Tuesday, The Fly reports.

Several other equities research analysts have also recently issued reports on the stock. Morgan Stanley set a $16.00 price objective on shares of Whiting Petroleum and gave the stock a “sell” rating in a research report on Thursday, October 26th. SunTrust Banks set a $36.00 price objective on shares of Whiting Petroleum and gave the stock a “buy” rating in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Whiting Petroleum from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Thursday, October 12th. Cowen restated a “buy” rating and set a $32.00 price objective on shares of Whiting Petroleum in a research report on Friday, November 10th. Finally, Stifel Nicolaus set a $40.00 price objective on shares of Whiting Petroleum and gave the stock a “buy” rating in a research report on Thursday, October 26th. Seven investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the company’s stock. Whiting Petroleum has an average rating of “Hold” and an average target price of $33.31.

Whiting Petroleum (NYSE:WLL) opened at $29.78 on Tuesday. Whiting Petroleum has a 52 week low of $15.88 and a 52 week high of $49.88. The firm has a market cap of $2,700.00, a PE ratio of -4.15 and a beta of 3.39. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.59 and a quick ratio of 0.59.

Whiting Petroleum (NYSE:WLL) last released 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 the Thomson Reuters’ consensus estimate of ($0.80) by $0.24. Whiting Petroleum had a negative net margin of 45.39% and a negative return on equity of 5.06%. The firm had revenue of $324.20 million during the quarter, compared to analysts’ expectations of $330.25 million. During the same period last year, the business earned ($1.88) earnings per share. Whiting Petroleum’s revenue was up 2.8% compared to the same quarter last year. research analysts anticipate that Whiting Petroleum will post -2.26 EPS for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Proficio Capital Partners purchased a new position in shares of Whiting Petroleum in the fourth quarter valued at approximately $0. Utah Retirement Systems boosted its stake in shares of Whiting Petroleum by 0.3% in the second quarter. Utah Retirement Systems now owns 36,683 shares of the oil and gas exploration company’s stock valued at $340,000 after purchasing an additional 100 shares during the period. Bienville Capital Management LLC boosted its stake in shares of Whiting Petroleum by 1.0% in the fourth quarter. Bienville Capital Management LLC now owns 10,398 shares of the oil and gas exploration company’s stock valued at $125,000 after purchasing an additional 107 shares during the period. Putnam FL Investment Management Co. boosted its stake in shares of Whiting Petroleum by 0.8% in the third quarter. Putnam FL Investment Management Co. now owns 18,930 shares of the oil and gas exploration company’s stock valued at $165,000 after purchasing an additional 150 shares during the period. Finally, Baird Financial Group Inc. boosted its stake in shares of Whiting Petroleum by 1.5% in the fourth quarter. Baird Financial Group Inc. now owns 20,480 shares of the oil and gas exploration company’s stock valued at $246,000 after purchasing an additional 300 shares during the period.

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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.

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Analyst Recommendations for Whiting Petroleum (NYSE:WLL)

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