Zacks Rating on Whiting Petroleum Corporation (WLL)

Whiting Petroleum Corporation (WLL) : 19 analysts are covering Whiting Petroleum Corporation (WLL) and their average rating on the stock is 2.16, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Whiting Petroleum Corporation (WLL) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Whiting Petroleum Corporation (WLL) : 17 Wall Street analysts covering Whiting Petroleum Corporation (WLL) believe that the average level the stock could reach for the short term is $12.53. The maximum price target given is $19 and the minimum target for short term is around $7, hence the standard deviation is calculated at $3.59.


Whiting Petroleum Corp. has dropped 5.31% in the last five trading days, however, the shares have posted positive gains of 1.03% in the last 4 weeks. Whiting Petroleum Corp. has dropped 29.28% during the last 3-month period . Year-to-Date the stock performance stands at -16.84%. Whiting Petroleum Corporation (NYSE:WLL): stock turned positive on Tuesday. Though the stock opened at $7.53, the bulls momentum made the stock top out at $7.98 level for the day. The stock recorded a low of $7.4637 and closed the trading day at $7.85, in the green by 3.43%. The total traded volume for the day was 19,688,731. The stock had closed at $7.59 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.

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