Published: Sat, September 16, 2017
Finance | By Loren Pratt

Whiting Petroleum Corporation (NYSE:WLL) Stock Rating Lowered by Tudor Pickering

Whiting Petroleum Corporation (NYSE:WLL) Stock Rating Lowered by Tudor Pickering

Proxima Capital Management LLC now owns 860,000 shares of the oil and gas exploration company's stock worth $4,739,000 after acquiring an additional 159,400 shares during the period. The hedge fund run by Doug Silverman held 7.00 million shares of the oil & gas production company at the end of 2016Q4, valued at $84.14M, down from 7.50 million at the end of the previous reported quarter. Microsoft Corp Com now has $580.06B valuation. Next year this decline will reach -9.46% to attain -$0.67. The target implies a 14.67% spike from where the shares are now trading. Therefore 26% are positive. Royal Bank Of Canada set a $32.00 price objective on shares of Murphy Oil Corporation and gave the company a "hold" rating in a report on Saturday, June 3rd.

A total of 23.4 Billion shares exchanged at hands and its average trading volume is standing at 21.22 Million shares. On Friday, August 7 the stock rating was maintained by Credit Suisse with "Neutral". To do this, analysts often study the speed and magnitude of a stock's price movements with what are known as momentum indicators.

The co's performance for 6 months was plunged of -50.95%, 1-year performance stands at -35.95% and year to date showing moved down performance of -61.31%. RBC Capital Markets maintained the shares of WLL in report on Monday, October 5 with "Outperform" rating. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. The rating was downgraded by Morgan Stanley to "Equal-Weight" on Tuesday, October 13. The rating was maintained by Citigroup with "Buy" on Monday, September 14. The firm earned "Buy" rating on Tuesday, October 27 by Cantor Fitzgerald. The stock increased 4.73% or $0.21 during the last trading session, reaching $4.65. About 260,167 shares traded.

Whiting Petroleum Corporation (WLL) opened at 4.86 on Friday. It has underperformed by 16.70% the S&P500. Stock investors bought 1,246 put options on the stock. Its up 0.33, from 1.08 in 2016Q3. 284.48 million shares or 9.51% more from 259.76 million shares in 2016Q3 were reported. Loomis Sayles Comm Lp owns 13.00M shares.

Macquarie has downgraded Whiting Petroleum Corp (NYSE:WLL) to Neutral in a report released on Wednesday June 21, 2017. LBA increased its position in shares of Whiting Petroleum Corporation by 0.6% during the second quarter. This is probably on the back of reduction in WLL's capex forecasts this year (read Part 1).


The recent progress in the stock of Whiting Petroleum Corporation (NYSE:WLL) has alerted everyone to look out for right opportunity to invest. Hl Services Ltd accumulated 79,204 shares or 0.04% of the stock. Whiting Petroleum Corp.'s institutional ownership is 86.3%, while its institutional transactions stand at 1.86%. Barclays Capital maintained Whiting Petroleum Corp (NYSE:WLL) on Friday, April 21 with "Hold" rating. Capital Fund Sa stated it has 0.02% in Whiting Petroleum Corp (NYSE:WLL). The company's 50-day moving average is $4.62 and its 200-day moving average is $6.87. Century Incorporated holds 0% in Whiting Petroleum Corp (NYSE:WLL) or 73,179 shares. It now has negative earnings. The Company's exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world.

Investors sentiment increased to 1.51 in 2016 Q4. Its up 0.52, from 0.99 in 2016Q3. Kanaly invested in 144 shares. 155 funds opened positions while 739 raised stakes. Valley National Advisers owns 500 shares. Hotchkis & Wiley Cap Management Ltd Liability holds 16.40 million shares or 0.79% of its portfolio. Blackrock Fund Advsrs invested in 0.01% or 2.91 million shares. (NASDAQ:MRD) shares have traded +0.00%. Commonwealth Bank & Trust Of reported 58,000 shares stake. (NASDAQ:LITE), its shares were trading at $57 a retreat of $-1.8, on the trading floor. 29,000 were accumulated by Pine River Cap Mgmt Limited Partnership. Sterling Capital Mgmt Ltd Company has 19,377 shares for 0% of their portfolio. 66,863 were reported by Ftb Incorporated. Senator Inv Grp Inc Lp reported 7.00 million shares. Jpmorgan Chase & reported 0% stake.

Tightening the gaze, stock performance for the last 5 trading days is 0.87%. Past 5 years growth of WLL observed at 22.00%, and for the next five years the analysts that follow this company are expecting its growth at -26.80%. While for the next 5 years, the growth estimate is 17.3%.

Since May 1, 2017, it had 0 buys, and 8 insider sales for $1.04 billion activity. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

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