Whiting Petroleum Corp (NYSE:WLL) – Capital One Financial issued their Q1 2018 earnings per share estimates for Whiting Petroleum in a report released on Tuesday. Capital One Financial analyst B. Velie anticipates that the oil and gas exploration company will post earnings per share of ($0.04) for the quarter. Capital One Financial currently has a “Overweight” rating on the stock. Capital One Financial also issued estimates for Whiting Petroleum’s Q2 2018 earnings at ($0.03) EPS, Q3 2018 earnings at ($0.04) EPS and Q4 2018 earnings at ($0.02) EPS.

Other research analysts have also recently issued reports about the stock. Mizuho set a $32.00 target price on shares of Whiting Petroleum and gave the stock a “hold” rating in a report on Tuesday. Credit Suisse Group began coverage on shares of Whiting Petroleum in a research note on Monday, December 11th. They issued a “neutral” rating and a $29.00 price objective on the stock. Barclays lifted their price objective on shares of Whiting Petroleum from $5.00 to $19.00 and gave the company an “equal weight” rating in a research note on Monday, November 20th. ValuEngine cut shares of Whiting Petroleum from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st. Finally, BMO Capital Markets reissued a “hold” rating and issued a $33.00 price objective on shares of Whiting Petroleum in a research note on Thursday, January 11th. Seven equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company’s stock. Whiting Petroleum presently has an average rating of “Hold” and a consensus price target of $33.53.

Shares of Whiting Petroleum (WLL) traded up $0.45 on Wednesday, hitting $30.48. 2,081,604 shares of the stock traded hands, compared to its average volume of 5,035,830. Whiting Petroleum has a 12 month low of $15.88 and a 12 month high of $49.88. The company has a market capitalization of $2,720.00, a PE ratio of -4.25 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 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 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 the consensus estimate of $330.25 million. During the same period last year, the business posted ($1.88) earnings per share. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Davidson Kempner Capital Management LP acquired a new position in shares of Whiting Petroleum during the second quarter worth $8,265,000. Shell Asset Management Co. acquired a new position in shares of Whiting Petroleum during the third quarter worth $1,565,000. DFT Energy LP lifted its holdings in shares of Whiting Petroleum by 25.0% during the third quarter. DFT Energy LP now owns 2,000,000 shares of the oil and gas exploration company’s stock worth $11,060,000 after purchasing an additional 400,000 shares during the period. TIAA CREF Investment Management LLC lifted its holdings in shares of Whiting Petroleum by 27.3% during the second quarter. TIAA CREF Investment Management LLC now owns 1,175,742 shares of the oil and gas exploration company’s stock worth $6,478,000 after purchasing an additional 252,045 shares during the period. Finally, Ninepoint Partners LP acquired a new position in shares of Whiting Petroleum during the third quarter worth $2,239,000.

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Whiting Petroleum Company Profile

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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