Whiting Petroleum Corporation (WLL) witnessed a selling pressure and the shares last traded with a loss of -0.15 points or -1.31% at $10.95. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $5.57 million with an inflow of $21.65 million in upticks and an outflow of $16.09 million in downticks. Using the data, the up/down ratio is found to be 1.35. The share price has recorded -4.83% on a weekly basis.A block trade of $6.12 million in uptick and $2.14 million in downtick was also observed, resulting in an up/down ratio of 2.86. The net money flow of the block trade stood at a $3.98, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Whiting Petroleum Corporation has lost 9.02% in the last five trading days and dropped 8.49% in the last 4 weeks. Whiting Petroleum Corporation is up 33.5% in the last 3-month period. Year-to-Date the stock performance stands at -8.49%. Whiting Petroleum Corporation (NYSE:WLL) witnessed a decline in the market cap on Wednesday as its shares dropped 0.81% or 0.09 points. After the session commenced at $11.21, the stock reached the higher end at $11.24 while it hit a low of $10.8725. With the volume soaring to 12,542,068 shares, the last trade was called at $11. The company has a 52-week high of $14.44. The company has a market cap of $3,128 million and there are 284,343,980 shares in outstanding. The 52-week low of the share price is $3.35.
Company has reported several Insider transactions to the SEC, on May 5, 2016, James J Volker (CEO) purchased 10,000 shares at 10.30 per share price.On Mar 4, 2015, Lynn A Peterson (director) sold 25,000 shares at 19.73 per share price.
Whiting Petroleum Corp Last issued its quarterly earnings results on Oct 26, 2016. The company reported $-0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.10. Analyst had a consensus of $-0.37. The company had revenue of $129.23 million for the quarter, compared to analysts expectations of $345.86 million. The companys revenue was down -74.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.17 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Whiting Petroleum Corp was Initiated by R. F. Lafferty on Dec 21, 2016 to Buy, Price Target of the shares are set at $23.Company shares were Upgraded by Stifel on Dec 1, 2016 to Buy, Raises Price Target to $ 15 from a previous price target of $8 .Company shares were Reiterated by RBC Capital Mkts on Nov 25, 2016 to Sector Perform, Raises Price Target to $ 12 from a previous price target of $10 .
WHITING PETROLEUM CORPORATION, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange.