Whiting Petroleum Corp (NYSE:WLL)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $3.55, but opened at $3.71. Whiting Petroleum shares last traded at $2.77, with a volume of 40,291,367 shares.
WLL has been the topic of a number of recent analyst reports. UBS Group lowered their price target on shares of Whiting Petroleum from $21.00 to $6.50 and set a “neutral” rating on the stock in a report on Tuesday, November 26th. S&P Equity Research lowered their price target on shares of Whiting Petroleum from $6.60 to $6.14 in a report on Tuesday, December 17th. Barclays restated a “hold” rating and issued a $5.00 price target on shares of Whiting Petroleum in a report on Sunday, December 8th. Imperial Capital restated an “in-line” rating and issued a $10.00 price target (down from $15.00) on shares of Whiting Petroleum in a report on Thursday, November 7th. Finally, Capital One Financial cut shares of Whiting Petroleum from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $13.00 to $12.00 in a report on Friday, January 10th. Six investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $11.68.
The stock has a market capitalization of $338.72 million, a PE ratio of 2.42 and a beta of 3.36. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average is $5.66 and its 200 day moving average is $7.08.
Whiting Petroleum Company Profile (NYSE:WLL)
Whiting Petroleum Corporation engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end users, marketers, and other purchasers.
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