Whiting Petroleum Corporation (WLL) has risen sharply, recording gains of 4.34% in the past 4 weeks. However, the stock has corrected -4.35% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.56% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.79% and the fifty day Moving Average is 9.96%. Whiting Petroleum Corp. has dropped 36.02% during the last three month period . Year-to-Date the stock performance stands at -18.54%.
Whiting Petroleum Corporation (WLL) : Currently there are 17 street experts covering Whiting Petroleum Corporation (WLL) stock. The most bullish and bearish price target for the stock is $19 and $7 respectively for the short term. The average price target of all the analysts comes to $12.53. The estimated standard deviation from the target is $3.59.
Whiting Petroleum Corporation (NYSE:WLL): stock turned positive on Friday. Though the stock opened at $7.46, the bulls momentum made the stock top out at $7.82 level for the day. The stock recorded a low of $7.4 and closed the trading day at $7.69, in the green by 3.92%. The total traded volume for the day was 22,657,650. The stock had closed at $7.4 in the previous days trading.
Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in exploration, development, acquisition and production of crude oil, NGLs and natural gas in the Rocky Mountains and Permian Basin regions of the United States. The Companys Rocky Mountains operations include assets in the states of Colorado, Montana, North Dakota, Utah and Wyoming. The Companys Permian Basin operations include assets in Texas and New Mexico. The Companys other operations primarily include its assets in Arkansas, Michigan, Oklahoma and Texas. As of December 31, 2014, The Companys estimated proved reserves totaled 780.3 Million Barrels of Oil Equivalent (MMBOE). At December 31, 2014, the Companys probable reserves were estimated to be 399.3 MMBOE and its possible reserves were estimated to be 225.5 MMBOE, for a total of 624.8 MMBOE.