Whiting Petroleum (WLL) Rating Increased to Hold at Tudor Pickering

Whiting Petroleum (NYSE:WLL) was upgraded by equities researchers at Tudor Pickering to a “hold” rating in a research note issued to investors on Monday, The Fly reports.

Several other equities research analysts have also recently issued reports on WLL. 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. SunTrust Banks set a $36.00 price objective on Whiting Petroleum and gave the stock a “buy” rating in a report on Friday, October 20th. KeyCorp set a $28.00 price objective on Whiting Petroleum and gave the stock a “buy” rating in a report on Thursday, October 19th. Stifel Nicolaus set a $40.00 price objective on Whiting Petroleum and gave the stock a “buy” rating in a report on Thursday, October 26th. Finally, JPMorgan Chase & Co. lowered their price objective on Whiting Petroleum from $32.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, November 1st. Five analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $34.28.

Shares of Whiting Petroleum (NYSE:WLL) opened at $22.48 on Monday. 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 12-month low of $15.88 and a 12-month high of $47.00. The company has a market capitalization of $2,038.90, a PE ratio of -3.12 and a beta of 3.33.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC purchased a new stake in shares of Whiting Petroleum during the 3rd quarter valued at approximately $133,000. State of Alaska Department of Revenue purchased a new stake in shares of Whiting Petroleum during the 4th quarter valued at approximately $138,000. Gotham Asset Management LLC raised its position in shares of Whiting Petroleum by 92.9% during the 2nd quarter. Gotham Asset Management LLC now owns 26,616 shares of the oil and gas exploration company’s stock valued at $147,000 after buying an additional 12,815 shares during the period. Advisor Group Inc. raised its position in shares of Whiting Petroleum by 167.2% during the 3rd quarter. Advisor Group Inc. now owns 28,135 shares of the oil and gas exploration company’s stock valued at $154,000 after buying an additional 17,604 shares during the period. Finally, ProShare Advisors LLC raised its position in shares of Whiting Petroleum by 1.4% during the 2nd quarter. ProShare Advisors LLC now owns 28,373 shares of the oil and gas exploration company’s stock valued at $156,000 after buying an additional 388 shares during the period.

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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.

The Fly

Analyst Recommendations for Whiting Petroleum (NYSE:WLL)

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