30,488 Shares in Whiting Petroleum Corp (WLL) Purchased by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in shares of Whiting Petroleum Corp (NYSE:WLL) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 30,488 shares of the oil and gas exploration company’s stock, valued at approximately $166,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Whiting Petroleum by 0.9% during the 2nd quarter. Vanguard Group Inc. now owns 28,173,403 shares of the oil and gas exploration company’s stock valued at $155,236,000 after purchasing an additional 254,053 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Whiting Petroleum by 21.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 25,799,001 shares of the oil and gas exploration company’s stock valued at $142,153,000 after purchasing an additional 4,483,396 shares in the last quarter. Fine Capital Partners L.P. raised its position in Whiting Petroleum by 53.7% during the 2nd quarter. Fine Capital Partners L.P. now owns 21,336,862 shares of the oil and gas exploration company’s stock valued at $117,566,000 after purchasing an additional 7,450,722 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Whiting Petroleum by 8.0% during the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 19,517,667 shares of the oil and gas exploration company’s stock valued at $107,542,000 after purchasing an additional 1,440,273 shares in the last quarter. Finally, Schneider Capital Management Corp raised its position in Whiting Petroleum by 63.7% during the 2nd quarter. Schneider Capital Management Corp now owns 5,729,569 shares of the oil and gas exploration company’s stock valued at $31,570,000 after purchasing an additional 2,230,237 shares in the last quarter.

A number of equities research analysts have weighed in on the company. Barclays reaffirmed a “hold” rating and set a $20.00 target price on shares of Whiting Petroleum in a research report on Sunday. Imperial Capital initiated coverage on Whiting Petroleum in a research report on Thursday, September 28th. They set an “in-line” rating and a $24.00 target price for the company. Seaport Global Securities raised Whiting Petroleum from a “sell” rating to a “neutral” rating in a research report on Tuesday, December 19th. Robert W. Baird set a $27.00 price target on Whiting Petroleum and gave the stock an “outperform” rating in a research report on Monday, December 18th. Finally, KeyCorp reissued a “buy” rating and issued a $28.00 price target on shares of Whiting Petroleum in a research report on Tuesday, September 19th. Seven investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Whiting Petroleum presently has an average rating of “Hold” and an average price target of $33.62.

Whiting Petroleum Corp (NYSE:WLL) opened at $25.14 on Tuesday. Whiting Petroleum Corp has a 1 year low of $15.88 and a 1 year high of $53.48. The stock has a market capitalization of $2,262.02, a PE ratio of -3.49 and a beta of 3.40. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.59.

Whiting Petroleum (NYSE:WLL) last announced its earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.80) by $0.24. Whiting Petroleum had a negative return on equity of 5.06% and a negative net margin of 45.39%. The company had revenue of $324.20 million for the quarter, compared to analyst estimates of $330.25 million. During the same period in the prior year, the company posted ($1.88) EPS. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. equities analysts predict that Whiting Petroleum Corp will post -2.27 earnings per share for the current fiscal year.

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About Whiting Petroleum

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.

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

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