As of October 13th, there was short interest totalling 68,143,520 shares, a decrease of 4.3% from the September 29th total of 71,199,909 shares. Schroder Inv Mngmt Gru invested 0.01% of its portfolio in Whiting Petroleum Corp (NYSE:WLL). Based on an average daily volume of 16,131,554 shares, the short-interest ratio is now 4.2 days.
A number of research firms have recently weighed in on WLL. Morgan Stanley lowered Whiting Petroleum Corporation from an "equal weight" rating to an "underweight" rating and dropped their price objective for the company from $5.00 to $3.50 in a research note on Tuesday, September 12th. The stock of Whiting Petroleum Corp (NYSE:WLL) earned "Sell" rating by Morgan Stanley on Tuesday, September 12. The company has market cap of $1.02 billion. Whiting Petroleum Corporation had 120 analyst reports since July 21, 2015 according to SRatingsIntel. They issued an "underperform" rating and a $6.00 target price for the company.
Sell-side analyst recommendations point to a short term price target of $7.68 on the shares of Whiting Petroleum Corporation (WLL). On Friday, November 25 the stock rating was maintained by RBC Capital Markets with "Sector Perform". With the last stock price close up -3.16% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Sigma Planning Corp boosted its position in shares of Whiting Petroleum Corp.by 33.0% in the second quarter. The fund owned 59,500 shares of the oil and gas exploration company's stock after selling 40,000 shares during the period. Carl Domino Inc boosted its position in shares of Whiting Petroleum Corp.by 60.0% in the second quarter. Shell Asset Management Co. purchased a new stake in shares of Whiting Petroleum Corporation during the third quarter valued at approximately $1,565,000. This trading sentiment put the stock on Active spotlight. Finally, Campbell & CO Investment Adviser LLC boosted its stake in shares of Whiting Petroleum Corporation by 24.4% during the second quarter. Over the past five trading sessions it is 12.23%; 16.2% for the month; 19.54% for the last quarter; -24.18% for the past six-months; and -22.87% for the last 12 months. Doheny Asset Mngmt Ca invested 0.06% of its portfolio in Whiting Petroleum Corp (NYSE:WLL). Sigma Planning Corp now owns 13,989 shares of the oil and gas exploration company's stock valued at $130,000 after buying an additional 3,471 shares during the last quarter. Parkwood Llc acquired 61,720 shares as Whiting Petroleum Corp (WLL)'s stock declined 20.16%. For the most recent quarter, quick ratio was 0.6, current ratio was 0.6, LT Debt/Equity ratio was 0.66 and Total Debt/Equity ratio stands at 0.66, while Payout ratio is 0. Whiting Petroleum Corporation (WLL) has an operating margin of -46.20%. The oil and gas exploration company reported ($0.70) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.52) by $0.18. The Return on Equity (ROE) value stands at -25.4%. The company had revenue of $324.20 million during the quarter, compared to analysts' expectations of $330.25 million.
Wall Street analysts, on average, are forecasting the company's EPS to be -0.13, compared to -0.28 reported in the same quarter past year.
According to analysts Whiting Petroleum Corp (NYSE:WLL)'s minimum EPS for the current quarter is at $-0.23 and can go high up to $-0.03.
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Whiting Petroleum Corp (NYSE:WLL)'s trailing twelve month revenues are $1.35 Billion, whereas its price to sales ratio for the same period is 1.64.