Analysts at Deutsche Bank hoisted their target price on shares of Whiting Petroleum Corp. (NYSE:WLL) from $55.00 to $68.00 in a research report issued to clients and investors on Wednesday, AnalystRatings.NET reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 3.96% from the stock’s previous close.
A number of other firms have also recently commented on WLL. Analysts at Cowen and Company raised their price target on shares of Whiting Petroleum Corp. from $55.00 to $75.00 in a research note to investors on Thursday, October 10th. They now have an “outperform” rating on the stock. Separately, analysts at Sterne Agee raised their price target on shares of Whiting Petroleum Corp. from $62.00 to $77.00 in a research note to investors on Monday, October 7th. They now have a “buy” rating on the stock. Finally, analysts at Stephens downgraded shares of Whiting Petroleum Corp. from an “overweight” rating to an “equal weight” rating in a research note to investors on Monday, October 7th. Six analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $66.37.
Whiting Petroleum Corp. (NYSE:WLL) traded up 2.38% on Wednesday, hitting $66.965. The stock had a trading volume of 2,312,811 shares. Whiting Petroleum Corp. has a 52 week low of $40.19 and a 52 week high of $65.97. The stock’s 50-day moving average is $57.10 and its 200-day moving average is $50.18. The company has a market cap of $7.946 billion and a P/E ratio of 20.17.
Whiting Petroleum Corp. (NYSE:WLL) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.40. The company had revenue of $663.60 million for the quarter, compared to the consensus estimate of $580.76 million. During the same quarter last year, the company posted $0.73 earnings per share. Whiting Petroleum Corp.’s revenue was up 32.1% compared to the same quarter last year. Analysts expect that Whiting Petroleum Corp. will post $4.04 EPS for the current fiscal year.
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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