Whiting Petroleum Corp (NYSE:WLL) shares traded -2.62% down during most recent session to reach at the closing price of $5.2. The stock exchanged hands 18.51 Million shares versus average trading capacity of 19.86 Million shares, yielding a market cap of $1.91 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $11.28 within the next 52-weeks. The mean target projections are based on 34 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Whiting Petroleum Corp (NYSE:WLL) high price target of $19 and with a conservative view have low price target of $4.
Seaport Global “Downgrades” Whiting Petroleum Corp (NYSE:WLL) in a research note issued to investors on 6/21/17 to Sell with price target of $0.
Additionally on 6/21/17 Macquarie “Downgrades” Whiting Petroleum Corp (NYSE:WLL) to Neutral setting price target at $0 and on 6/02/17 Credit Suisse “Downgrades” the stock to Neutral at $13. Furthermore on 5/30/17 Goldman Sachs “Downgrades” the stock to Sell at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 35 along with Average True Range (ATR 14) of 0.43, Consequently Whiting Petroleum Corp (NYSE:WLL)’s weekly and monthly volatility is 7.27%, 7.62% respectively. The company’s beta value is at 3.37.
In terms of Buy, Sell or Hold recommendations, Whiting Petroleum Corp (NYSE:WLL) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Whiting Petroleum Corp (NYSE:WLL)’s minimum EPS for the current quarter is at $-0.23 and can go high up to $-0.11. The consensus mean EPS for the current quarter is at $-0.16 derived from a total of 30 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.7 earnings per share for the same quarter during last year.
Previously Whiting Petroleum Corp (NYSE:WLL) reported $-0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.22 by $0.07. The company posted an earnings surprise of 31.8%.
While considering growth estimates of the company, it has next quarter growth estimates of 72.3% whereas during current quarter it has 77.1% estimations over growth, comparing to the estimations of 75.2% during current year and 40.7% for next year. Past 5 years growth of Whiting Petroleum Corp (NYSE:WLL) observed at -35.22%, looking forward for the next 5 years it has a strong prediction of 5% over growth.
Whiting Petroleum Corp (NYSE:WLL)’s revenue estimates for the current quarter are $369.06 Million according to 24 number of analysts, for the current quarter the company has high revenue estimates of $412.23 Million in contradiction of low revenue estimates of $345.7 Million. For the current year the company’s revenue estimates are $1.64 Billion compared to low analyst estimates of $1.52 Billion and high estimates of $1.8 Billion according to 28 number of analysts.
Currently Whiting Petroleum Corp (NYSE:WLL)’s shares owned by insiders are 0.7%, whereas shares owned by institutional owners are 83.5%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 1.08%.
Whiting Petroleum Corp (NYSE:WLL) 52-week high price stands at $13.39 and low price stands at $5.11, its price distance from 52-week high is -61.18% while its distance from 52-week low price is 1.76%. The stock hit its 52-week high on 12/01/16, and 52-week low on 06/21/17.
Whiting Petroleum Corp (NYSE:WLL)’s trailing twelve month revenues are $1.37 Billion, whereas its price to sales ratio for the same period is 1.4. Its book value per share for the most recent quarter is $13.94 while its price to book ratio for the same period is 0.37, as for as the company’s cash per share for the most recent quarter is $0.04, however its price to cash per share ratio for the same period is 116.51. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.