Whiting Petroleum Corp (NYSE:WLL) Institutional Investors Sentiment Change

Lloyd Doyle
September 23, 2017

For the quarter, shares have been noted at 11.54%.

A number of institutional investors have recently modified their holdings of the stock. It also reduced its holding in Intevac Inc (NASDAQ:IVAC) by 335,006 shares in the quarter, leaving it with 293,860 shares, and cut its stake in Citigroup Inc. Out of rating recommendations 3 have given the stock a Buy while 2 recommend the stock as Outperform.

Analysts expect Whiting Petroleum Corp (NYSE:WLL) to report $-0.22 EPS on October, 25.They anticipate $0.25 EPS change or 53.19 % from last quarter's $-0.47 EPS. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Whiting Petroleum Corporation by 95.8% during the 1st quarter. American Century Inc owns 105,071 shares or 0% of their USA portfolio. World Asset Management Inc grew its stake in shares of Whiting Petroleum Corporation by 4.7% in the 1st quarter. World Asset Management Inc now owns 12,665 shares of the oil and gas exploration company's stock worth $120,000 after buying an additional 570 shares during the period. Finally, Chicago Equity Partners LLC bought a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter worth $102,000. Sentinel Trust Co. LBA now owns 151,560 shares of the oil and gas exploration company's stock worth $835,000 after buying an additional 850 shares during the period.

Other analysts also recently issued reports about the company. Whiting Petroleum Corp (NYSE:WLL) has declined 20.87% since September 21, 2016 and is downtrending. Zacks Investment Research upgraded Whiting Petroleum Corporation from a "sell" rating to a "hold" rating in a research report on Tuesday, August 1st.

Ratings analysis reveals 28% of Whiting Petroleum Corporation's analysts are positive. Macquarie Research downgraded the shares of WLL in report on Wednesday, June 21 to "Neutral" rating. At the time of writing, the First Call consensus price target for the company is $7.83.

The consensus analysts recommendation at this point stands at 2.60 on Whiting Petroleum Corporation (NYSE:WLL). A 12 analysts rate it as either a buy or a strong buy, while6 believe that investors should either steer clear of WLL or, if they already own its stock, sell it.


Whiting Petroleum Corp (NYSE:WLL) institutional sentiment increased to 1.51 in Q2 2017.

CenturyLink, Inc. (NYSE:CTL) has a market cap of $10.01 billion and over the last 12 months, CTL has declined by -31.32%. When looking at the past five sessions, the stock returned 5.98% gains and is down by -37.68% compared with its 200-day moving average of $6.72.

This company shares (WLL) so far managed to recover 29.47% since collapsing to its 52-week low. More interesting news about Whiting Petroleum Corp (NYSE:WLL) were released by: Seekingalpha.com and their article: "Whiting Petroleum Plans A Reverse Split" published on September 11, 2017 as well as Seekingalpha.com's news article titled: "Whiting Petroleum: So Much For The "DAPL Bump" with publication date: September 15, 2017. Its quick ratio for most recent quarter is 0.6 along with current ratio for most recent quarter of 0.6. The business had revenue of $311.50 million for the quarter, compared to the consensus estimate of $345.64 million. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. Over the past twelve months, Whiting Petroleum Corporation (NYSE:WLL)'s stock was -57.24%.

The focus shift on performance of the Whiting Petroleum Corporation (NYSE:WLL) that has shown a discernible change in trend levels over the path of recent market activity.

WARNING: This piece was reported by Week Herald and is the sole property of of Week Herald. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and worldwide copyright laws. The other 18, though not evenly; between analysts who think you should buy Whiting Petroleum Corporation versus those who think you should sell it.

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