Whiting Petroleum Corp (NYSE:WLL) shares traded -0.23% down during most recent session to reach at the closing price of $4.41. The stock exchanged hands 21.25 Million shares versus average trading capacity of 22.84 Million shares, yielding a market cap of $1.6 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $8.31 within the next 52-weeks. The mean target projections are based on 31 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 $15 and with a conservative view have low price target of $3.75.
Citigroup “Maintained” Whiting Petroleum Corp (NYSE:WLL) in a research note issued to investors on 7/21/17 to Buy with price target of $8.
Additionally on 7/19/17 Bank of America “Reinstates” Whiting Petroleum Corp (NYSE:WLL) to Underperform setting price target at $6 and on 7/13/17 Citigroup “Maintained” the stock to Buy at $11. Furthermore on 6/21/17 Seaport Global “Downgrades” the stock to Sell at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 39.35 along with Average True Range (ATR 14) of 0.26, Consequently Whiting Petroleum Corp (NYSE:WLL)’s weekly and monthly volatility is 4.41%, 5.38% 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 $-0.35 and can go high up to $-0.12. The consensus mean EPS for the current quarter is at $-0.21 derived from a total of 27 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.47 earnings per share for the same quarter during last year.
Previously Whiting Petroleum Corp (NYSE:WLL) reported $-0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.19 by $0.01. The company posted an earnings surprise of 5.3%.
While considering growth estimates of the company, it has next quarter growth estimates of 35.7% whereas during current quarter it has 55.3% estimations over growth, comparing to the estimations of 67.9% during current year and 22.9% for next year. 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.
Whiting Petroleum Corp (NYSE:WLL)’s revenue estimates for the current quarter are $335.86 Million according to 20 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. For the current year the company’s revenue estimates are $1.41 Billion compared to low analyst estimates of $1.31 Billion and high estimates of $1.53 Billion according to 21 number of analysts.
Currently Whiting Petroleum Corp (NYSE:WLL)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 86.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 1.99%.
Whiting Petroleum Corp (NYSE:WLL) 52-week high price stands at $13.39 and low price stands at $4.18, its price distance from 52-week high is -67.07% while its distance from 52-week low price is 5.5%. The stock hit its 52-week high on 12/01/16, and 52-week low on 08/23/17.
Whiting Petroleum Corp (NYSE:WLL)’s trailing twelve month revenues are $1.34 Billion, whereas its price to sales ratio for the same period is 1.2. Its book value per share for the most recent quarter is $13.77 while its price to book ratio for the same period is 0.32, as for as the company’s cash per share for the most recent quarter is $0.06, however its price to cash per share ratio for the same period is 69.12. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.