Quarterly Earnings Forecast Review: Whiting Petroleum Corporation (WLL)


The stock decreased 3.95% or $0.17 during the last trading session, reaching $4.26. Whereas, in last 21 trading days (one month) was surged -15.48% and slashed in last 63 trading days (quarter) of -51.15%. Institutional investors and hedge funds own 83.22% of the company's stock.

For the past 5 years, Whiting Petroleum Corporation's EPS growth has been almost -26.8%. Daiwa Securities Group Inc sold 13,900 shares as the company's stock rose 2.59% with the market. JPMorgan Chase & Co. increased its stake in Anadarko Petroleum Corporation by 47.4% in the first quarter. Campbell & CO Investment Adviser LLC raised its stake in Whiting Petroleum Corporation by 24.4% in the second quarter. Fine Capital Partners Lp sold 2.49M shares as the company's stock declined 20.16% while stock markets rallied. Finally, Vanguard Group Inc. increased its stake in Anadarko Petroleum Corporation by 3.3% in the first quarter.

More notable recent Whiting Petroleum Corp (NYSE:WLL) news were published by: Seekingalpha.com which released: "Whiting's Redtail Wells Begin Producing..." Whiting Petroleum Corporation has a 52 week low of $4.18 and a 52 week high of $13.39. The firm has a 50-day moving average of $44.38 and a 200-day moving average of $54.70. It has a market cap of $1.55 Billion.

Anadarko Petroleum Corporation (NYSE:APC) last issued its earnings results on Monday, July 24th.

The company's Average Earnings Estimate for the Current Fiscal quarter is $-0.21, according to consensus of 27 analysts. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. Verition Fund Limited Liability Company holds 0.02% or 18,566 shares.

19 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 390.57 million while high and low sale targets are estimated at 424.86 million and 325.7 million respectively. Some factors may include its weak 2Q17 earnings and 2Q17 production levels, which were lower on a year-over-year and sequential basis.

Whiting Petroleum Corporation (NYSE:WLL) ended its day at $4.26 with the rising stream of -3.84% and its total traded volume was 17.51 million shares less than the average volume. This represents a $0.20 annualized dividend and a dividend yield of 0.48%. Anadarko Petroleum Corporation's dividend payout ratio is now -5.14%. Leavell Inv Management owns 10,100 shares. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright laws. The legal version of this report can be accessed at https://www.themarketsdaily.com/2017/08/18/ing-groep-nv-has-1-30-million-position-in-anadarko-petroleum-corporation-apc-updated-updated.html.

In the transaction dated January 07, 2015, the great number of shares disposed came courtesy the Director; Peterson Lynn A disposed a total of 25,000 shares at an average price of $19.67, amounting to approximately $491,750. The value of the investment in WLL went from $2,879,000 to $1,674,000 a change of 41.9% for the reporting period. Citigroup Inc reported 213,473 shares. They noted that the move was a valuation call. Credit Agricole upgraded the shares of WLL in report on Monday, August 10 to "Outperform" rating.

Whiting Petroleum Corporation (NYSE:WLL), stock is trading $13.39 above the 52-week high and has displayed a high EPS growth of -26.80% in last 5 years. Conversely, a stock with a beta below 1 is seen as less risky than the overall market. The stock of Whiting Petroleum Corp (NYSE:WLL) has "Buy" rating given on Friday, September 11 by Goldman Sachs. (The) downgraded Whiting Petroleum Corporation from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $11.50 to $7.25 in a report on Tuesday, May 30th. Kite Pharma had 45 analyst reports since August 4, 2015 according to SRatingsIntel. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas. The Company's portfolio in the Consumer and Enterprise markets contains offerings, such as personal cloud, secure-mobility, identity management and scalable messaging platforms, products and solutions. The Company's geographical segments include the United States and worldwide.