Breaking: Stifel Nicolaus Reaffirms $49.0000 Price Target On Whiting Petroleum Corp (NYSE:WLL) Shares, Reaffirms Their Original “Buy” Rating

April 25, 2018 - By Ellis Scott

Whiting Petroleum Corporation (NYSE:WLL) Logo

Investors sentiment decreased to 0 in Q4 2017. Its down 0.94, from 0.94 in 2017Q3. It fall, as 199 investors sold Whiting Petroleum Corporation shares while 3 reduced holdings. 0 funds opened positions while 1 raised stakes. 5.49 million shares or 98.22% less from 308.92 million shares in 2017Q3 were reported.

Macquarie Group Incorporated Ltd reported 3,725 shares stake. Moreover, Cypress Capital Management Lc (Wy) has 0.66% invested in Whiting Petroleum Corporation (NYSE:WLL). Fine Prtn Limited Partnership owns 5.46M shares. Texan Cap Mngmt holds 0.13% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL) for 7,685 shares.

Since March 1, 2018, it had 0 buys, and 1 insider sale for $29,412 activity.

Whiting Petroleum Corp (NYSE:WLL) Rating Reaffirmed

New York: In an analyst report issued on Monday, 23 April, Stifel Nicolaus restate their “Buy” rating on Whiting Petroleum Corp (NYSE:WLL) shares. They now have a $49.0000 TP on the firm. Stifel Nicolaus’s target would indicate a potential upside of 20.01 % from the company’s last stock close.

Investors sentiment decreased to 0 in Q4 2017. Its down 0.94, from 0.94 in 2017Q3. It fall, as 199 investors sold Whiting Petroleum Corporation shares while 3 reduced holdings. 0 funds opened positions while 1 raised stakes. 5.49 million shares or 98.22% less from 308.92 million shares in 2017Q3 were reported.

Macquarie Group Incorporated Ltd reported 3,725 shares stake. Moreover, Cypress Capital Management Lc (Wy) has 0.66% invested in Whiting Petroleum Corporation (NYSE:WLL). Fine Prtn Limited Partnership owns 5.46M shares. Texan Cap Mngmt holds 0.13% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL) for 7,685 shares.

Since March 1, 2018, it had 0 buys, and 1 insider sale for $29,412 activity.

Whiting Petroleum Corporation (NYSE:WLL) Ratings Coverage

Among 23 analysts covering Whiting Petroleum (NYSE:WLL), 10 have Buy rating, 0 Sell and 13 Hold. Therefore 43% are positive. Whiting Petroleum has $6000 highest and $3.6 lowest target. $36.71’s average target is -10.09% below currents $40.83 stock price. Whiting Petroleum had 44 analyst reports since October 26, 2017 according to SRatingsIntel. The stock has “Buy” rating by Seaport Global on Wednesday, March 7. BMO Capital Markets maintained the stock with “Hold” rating in Monday, February 26 report. The stock has “Hold” rating by Susquehanna on Wednesday, January 17. Bank of America upgraded Whiting Petroleum Corporation (NYSE:WLL) on Thursday, March 8 to “Neutral” rating. On Sunday, April 22 the stock rating was maintained by SunTrust with “Buy”. The company was maintained on Tuesday, January 30 by Jefferies. On Thursday, February 1 the stock rating was upgraded by Goldman Sachs to “Neutral”. Piper Jaffray maintained it with “Hold” rating and $40.0 target in Tuesday, January 9 report. The firm has “Buy” rating by Cowen & Co given on Friday, November 10. The stock of Whiting Petroleum Corporation (NYSE:WLL) earned “Buy” rating by Robert W. Baird on Friday, April 20.

The stock increased 1.35% or $0.54 during the last trading session, reaching $40.83. About 2.60 million shares traded. Whiting Petroleum Corporation (NYSE:WLL) has declined 0.96% since April 25, 2017 and is downtrending. It has underperformed by 12.51% the S&P500.

Whiting Petroleum Corporation, an independent gas and oil company, engages in the development, production, acquisition, and exploration of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States. The company has market cap of $3.72 billion. It sells gas and oil to end users, marketers, and other purchasers. It currently has negative earnings. As of December 31, 2016, the firm had total estimated proved reserves of 615.5 million barrels of oil equivalent; and interests in 1,917 net productive wells on approximately 517,200 net developed acres.

Whiting Petroleum Corporation (NYSE:WLL) Ratings Chart

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