Whiting Petroleum Corp. (NYSE:WLL) CFO Michael Stevens sold 23,936 shares of Whiting Petroleum Corp. stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $65.50, for a total value of $1,567,808.00. Following the sale, the chief financial officer now directly owns 49,118 shares in the company, valued at approximately $3,217,229. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Whiting Petroleum Corp. (NYSE:WLL) traded down 1.63% during mid-day trading on Friday, hitting $65.80. The stock had a trading volume of 1,861,106 shares. Whiting Petroleum Corp. has a one year low of $40.19 and a one year high of $70.57. The stock has a 50-day moving average of $62.09 and a 200-day moving average of $51.72. The company has a market cap of $7.807 billion and a price-to-earnings ratio of 15.74.
Whiting Petroleum Corp. (NYSE:WLL) last issued its quarterly earnings data on Thursday, October 24th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.20. The company had revenue of $830.99 million for the quarter. During the same quarter last year, the company posted $0.73 earnings per share. Whiting Petroleum Corp.’s revenue was up 56.6% compared to the same quarter last year. On average, analysts predict that Whiting Petroleum Corp. will post $4.23 earnings per share for the current fiscal year.
A number of research firms have recently commented on WLL. Analysts at Sterne Agee raised their price target on shares of Whiting Petroleum Corp. from $77.00 to $86.00 in a research note to investors on Friday, October 25th. They now have a “buy” rating on the stock. Separately, analysts at Howard Weil raised their price target on shares of Whiting Petroleum Corp. from $82.00 to $95.00 in a research note to investors on Friday, October 25th. They now have a “sector outperform” rating on the stock. Finally, analysts at Global Hunter Securities raised their price target on shares of Whiting Petroleum Corp. from $65.00 to $85.00 in a research note to investors on Friday, October 25th. They now have a “buy” rating on the stock. Six research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Whiting Petroleum Corp. presently has an average rating of “Buy” and an average price target of $73.33.
Whiting Petroleum Corporation (NYSE:WLL) is an independent oil and gas company engaged in acquisition, development, exploitation, production and exploration activities primarily in the Rocky Mountains, Permian Basin, Mid-Continent, Michigan and Gulf Coast regions of the United States.
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