20,180 Shares in Whiting Petroleum Corporation (WLL) Acquired by Shell Asset Management Co.

Shell Asset Management Co. bought a new position in Whiting Petroleum Corporation (NYSE:WLL) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 20,180 shares of the oil and gas exploration company’s stock, valued at approximately $1,565,000.

Several other large investors also recently bought and sold shares of WLL. Chicago Equity Partners LLC purchased a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter worth about $102,000. Campbell & CO Investment Adviser LLC lifted its position in shares of Whiting Petroleum Corporation by 24.4% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 20,349 shares of the oil and gas exploration company’s stock worth $112,000 after purchasing an additional 3,988 shares during the period. Palisade Capital Management LLC NJ purchased a new stake in shares of Whiting Petroleum Corporation in the 2nd quarter worth about $121,000. Gotham Asset Management LLC lifted its position in shares of Whiting Petroleum Corporation by 22.8% in the 1st quarter. Gotham Asset Management LLC now owns 13,801 shares of the oil and gas exploration company’s stock worth $131,000 after purchasing an additional 2,566 shares during the period. Finally, Private Capital Management Inc. lifted its position in shares of Whiting Petroleum Corporation by 25.0% in the 2nd quarter. Private Capital Management Inc. now owns 25,000 shares of the oil and gas exploration company’s stock worth $138,000 after purchasing an additional 5,000 shares during the period. 83.23% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on WLL shares. BidaskClub raised shares of Whiting Petroleum Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 5th. Zacks Investment Research cut shares of Whiting Petroleum Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Citigroup Inc. dropped their target price on shares of Whiting Petroleum Corporation from $13.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, July 13th. Bank of America Corporation started coverage on shares of Whiting Petroleum Corporation in a research report on Wednesday, July 19th. They issued an “underperform” rating and a $6.00 target price for the company. Finally, Cowen and Company set a $8.00 target price on shares of Whiting Petroleum Corporation and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Eight investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $9.24.

Shares of Whiting Petroleum Corporation (NYSE:WLL) opened at 5.82 on Monday. The stock has a 50 day moving average of $5.14 and a 200-day moving average of $5.98. Whiting Petroleum Corporation has a 52 week low of $3.97 and a 52 week high of $13.39. The company’s market capitalization is $2.11 billion.

Whiting Petroleum Corporation (NYSE:WLL) last posted its quarterly earnings data on Wednesday, October 25th. The oil and gas exploration company reported ($0.14) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.06. Whiting Petroleum Corporation had a negative net margin of 45.39% and a negative return on equity of 5.06%. The firm had revenue of $324.20 million for the quarter, compared to the consensus estimate of $330.25 million. During the same quarter in the prior year, the company posted ($0.47) earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. On average, analysts anticipate that Whiting Petroleum Corporation will post ($0.66) EPS for the current year.

WARNING: “20,180 Shares in Whiting Petroleum Corporation (WLL) Acquired by Shell Asset Management Co.” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.com-unik.info/2017/10/30/20180-shares-in-whiting-petroleum-corporation-wll-acquired-by-shell-asset-management-co.html.

Whiting Petroleum Corporation Profile

Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

Institutional Ownership by Quarter for Whiting Petroleum Corporation (NYSE:WLL)

What are top analysts saying about Whiting Petroleum Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Whiting Petroleum Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit