Featured Stock to Focus: Whiting Petroleum Corp. (WLL)

Wednesday, 11 Oct, 2017

Shares of Whiting Petroleum Corporation (NYSE:WLL) opened at 5.20 on Monday. The current consensus recommendation provided by covering analysts is 2.70.

According to Whiting Petroleum Corporation's Insider ownership is at 0.20%. On Thursday, October 6 the stock rating was initiated by Mizuho with "Neutral". A rating of 4 or 5 would represent a Sell recommendation.

Whiting Petroleum Corporation (WLL) exchanged hands at an unexpectedly low level of 13.15 million shares over the course of the day. The firm earned "Buy" rating on Friday, July 21 by Citigroup. The company was downgraded on Wednesday, October 14 by Deutsche Bank. The rating was downgraded by Morgan Stanley on Tuesday, September 12 to "Sell". Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. As per Friday, April 29, the company rating was maintained by Wunderlich. The rating was maintained by Cowen & Co with "Buy" on Friday, September 15.

Over the past week, the company showed volatility of 2.08%. The Firm and its subsidiaries operate in the business of pigment manufacturing and related products in three geographic divisions, namely, United States, European and Asian. It has a 77.7 P/E ratio. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

First Wilshire Securities Management Inc holds 0.24% of its portfolio in TOR Minerals International Inc for 103,913 shares. Rock Point Advisors Llc owns 279,390 shares or 5.04% of their U.S. portfolio. A value between 0 and 30 is considered oversold; hence the trader should look at buying opportunities. The Massachusetts-based Mayo Investment Advisers Llc has invested 1.58% in the stock.

Whereas they predicted High and Low Earnings Estimate as $-0.12 and $-0.31 respectively. Moreover, Acadian Asset Management Llc has 0% invested in the company for 1,528 shares. However a year ago for the same quarter the company has reported $-0.47 EPS. World Asset Management Inc now owns 12,665 shares of the oil and gas exploration company's stock valued at $120,000 after acquiring an additional 570 shares in the last quarter. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 24.28% with $358.10 Million sitting short, betting on future declines. It has underperformed by 17.38% the S&P500. Past 5 years growth of Whiting Petroleum Corp (NYSE:WLL) observed at -38.56%, looking forward for the next 5 years it has a strong prediction of 22% over growth. The fund owned 64,667 shares of the oil and gas exploration company's stock after purchasing an additional 37,378 shares during the quarter.

Whiting Petroleum Corp (NYSE:WLL)'s revenue estimates for the current quarter are $329.83 Million according to 21 number of analysts, for the current quarter the company has high revenue estimates of $393 Million in contradiction of low revenue estimates of $294.8 Million. The brokerage issued a hold rating on the oil and gas exploration company's stock. Finally, WLL's beta of 3.39 indicates that the stock has an above average level of market risk. It now has negative earnings. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas. Meanwhile, due to an ongoing pressure which caused a decline of nearly -8.01% in the past five days, the stock price is now down -5.84% so far on the year - still in weak territory. About 1,000 shares traded.

For the Current Quarter, the growth estimate for Whiting Petroleum Corp.is 57.4%, while for the Next Quarter the stock growth estimate is 39.3%.

Investors sentiment increased to 1.51 in 2017 Q2. Its up 0.52, from 0.99 in 2017Q1. It is positive, as 42 investors sold WLL shares while 63 reduced holdings. 290.12 million shares or 1.84% more from 284.87 million shares in 2017Q1 were reported.

On the other hand, Whiting Petroleum Corporation by far traveled 33.5% versus a 1-year low price of $3.97. Whiting Petroleum Corp has a one year low of $6.38 and a one year high of $14.44.

WLL has been the subject of several recent research reports. Stevens Capital Mngmt LP reported 0% stake. California State Teachers Retirement System holds 0.01% or 663,359 shares in its portfolio. Wisconsin-based Northwestern Mutual Wealth Mgmt Communication has invested 0% in Whiting Petroleum Corp (NYSE:WLL). Css Limited Co Il holds 33,878 shares.