Economy

Whiting Petroleum Corporation (WLL) Given Coverage Optimism Rating of 0.14

The company's quarterly EPS surprised Wall Street by as much as 7% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

The company is so far trading up from yesterday's close of 4.86. If the published price targets set by Synchrony Financial analysts have any power to influence the stock's share price, the highest price target set for SYF is $41. Edison International (NYSE:EIX) has risen 12.39% since September 18, 2016 and is uptrending. Whiting Petroleum Corporation (WLL) has made its way to a 12-month decline of -30.4%. Its up 12.1% from 77.22 million shares previously.

On June 2 the company was downgraded from "Outperform" to "Neutral" with a current price target of $13.00 in a statement from Credit Suisse. The SI to Whiting Petroleum Corporation's float is 24.35%.

About 636,550 shares traded. The 20-day Stochastic %k measure, which sits at 90.75%, tells a different story, and suggests that WLL now trades in overbought territory. It has underperformed by 37.57% the S&P500.

Investors sentiment increased to 1.51 in Q4 2016. Its up 0.52, from 0.99 in 2016Q3.

Large investors have recently modified their holdings of the company. 31 funds opened positions while 63 raised stakes. 284.48 million shares or 9.51% more from 259.76 million shares in 2016Q3 were reported. Pinebridge Invests Limited Partnership reported 1,783 shares. Whiting Petroleum Corporation earned a news impact score of 0.14 on Accern's scale. RBC Capital Markets maintained Whiting Petroleum Corp (NYSE:WLL) rating on Friday, June 2. 2,500 are held by Glenmede Co Na. Nationwide Fund has 44,430 shares for 0.01% of their portfolio. The data from the past twelve months tells a similar story: insiders executed 16 buys and 22 sells, and ownership increased by a net of 503151 shares.

Investec Asset Mngmt North America Inc, a New York-based fund reported 233,253 shares. Paradigm Asset Mgmt holds 22,900 shares. Millennium Mngmt Lc accumulated 10,880 shares. Finally, Karp Capital Management Corp bought a new position in Whiting Petroleum Corporation in the 1st quarter valued at about $1,090,000. The stock rose 0.45% or $0.4 reaching $90.1 per share.

Analysts await Whiting Petroleum Corp (NYSE:WLL) to report earnings on October, 25. Therefore 100% are positive. Whiting Petroleum Corporation had a negative return on equity of 6.77% and a negative net margin of 88.27%. RBC Capital Markets has "Hold" rating and $1200 target. The 20-day RSI for WLL is 52.13%, which suggests that the stock is not particularly expensive or cheap, and not predisposed to a reactive price movement based on this measure. Schneider Capital Management Corp sold 2.07 million shares as Whiting Petroleum Corp. The stock recovered 142.5% since its low point and has performed 61.67% year-to-date. Seaport Global downgraded the stock to "Neutral" rating in Thursday, February 25 report. Finally, Vetr raised Whiting Petroleum Corporation from a "buy" rating to a "strong-buy" rating and set a $15.79 price objective on the stock in a research note on Monday, January 9th.

Whiting Petroleum Corporation is an independent gas and oil company. The company's market cap is $3.03 billion. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains and Permian Basin regions of the United States. It now has negative earnings. The Company operates in the segment of exploration and production of crude oil, natural gas liquid (NGLs) and natural gas. Cogan Andrew B sold $132,160 worth of stock. The oil and gas exploration company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.01. Invuity Inc had 7 analyst reports since August 29, 2016 according to SRatingsIntel. Morgan Stanley maintained the shares of EIX in report on Friday, September 8 with "Equal-Weight" rating. The firm has "Hold" rating given on Wednesday, November 11 by Investec. Quantbot Tech LP reported 38,668 shares. As per Thursday, August 4, the company rating was maintained by Citigroup. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.

Frontier Capital Management Co Llc decreased American Woodmark Corporation (AMWD) stake by 23.73% reported in 2016Q4 SEC filing. World Asset Management Inc lifted its position in Whiting Petroleum Corporation by 4.7% in the 1st quarter.



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