203,572 Shares in Whiting Petroleum Corporation (WLL) Acquired by 361 Capital LLC

361 Capital LLC acquired a new stake in shares of Whiting Petroleum Corporation (NYSE:WLL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 203,572 shares of the oil and gas exploration company’s stock, valued at approximately $1,122,000. 361 Capital LLC owned approximately 0.06% of Whiting Petroleum Corporation at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. ProShare Advisors LLC grew its stake in Whiting Petroleum Corporation by 1.4% during the second quarter. ProShare Advisors LLC now owns 28,373 shares of the oil and gas exploration company’s stock valued at $156,000 after acquiring an additional 388 shares in the last quarter. First Allied Advisory Services Inc. grew its stake in Whiting Petroleum Corporation by 2.0% during the second quarter. First Allied Advisory Services Inc. now owns 24,585 shares of the oil and gas exploration company’s stock valued at $138,000 after acquiring an additional 475 shares in the last quarter. Teacher Retirement System of Texas grew its stake in Whiting Petroleum Corporation by 2.2% during the first quarter. Teacher Retirement System of Texas now owns 22,179 shares of the oil and gas exploration company’s stock valued at $210,000 after acquiring an additional 487 shares in the last quarter. Sentinel Trust Co. LBA grew its stake in Whiting Petroleum Corporation by 0.6% during the second quarter. Sentinel Trust Co. LBA now owns 151,560 shares of the oil and gas exploration company’s stock valued at $835,000 after acquiring an additional 850 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in Whiting Petroleum Corporation by 1.9% during the second quarter. MML Investors Services LLC now owns 47,263 shares of the oil and gas exploration company’s stock valued at $260,000 after acquiring an additional 895 shares in the last quarter. 83.18% of the stock is owned by institutional investors.

Shares of Whiting Petroleum Corporation (NYSE:WLL) traded down 0.38% during midday trading on Wednesday, hitting $5.22. 4,862,687 shares of the stock were exchanged. Whiting Petroleum Corporation has a 52-week low of $3.97 and a 52-week high of $13.39. The firm’s 50-day moving average is $4.87 and its 200 day moving average is $6.31. The firm’s market cap is $1.92 billion.

Whiting Petroleum Corporation (NYSE:WLL) last posted its earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.01. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. The firm had revenue of $311.50 million during the quarter, compared to analyst estimates of $345.64 million. During the same period last year, the firm posted ($0.70) earnings per share. Whiting Petroleum Corporation’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, analysts forecast that Whiting Petroleum Corporation will post ($0.69) earnings per share for the current year.

Several brokerages recently commented on WLL. BidaskClub raised shares of Whiting Petroleum Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 14th. Seaport Global Securities cut shares of Whiting Petroleum Corporation from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $10.00 to $4.00 in a research note on Wednesday, June 21st. Macquarie cut shares of Whiting Petroleum Corporation from an “outperform” rating to a “neutral” rating and boosted their price objective for the company from $5.30 to $5.70 in a research note on Wednesday, June 21st. Imperial Capital began coverage on shares of Whiting Petroleum Corporation in a research note on Thursday, September 28th. They set an “in-line” rating and a $6.00 price objective for the company. Finally, Stifel Nicolaus set a $10.00 price objective on shares of Whiting Petroleum Corporation and gave the company a “buy” rating in a research note on Thursday, October 5th. Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $9.71.

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Whiting Petroleum Corporation Profile

Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

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Institutional Ownership by Quarter for Whiting Petroleum Corporation (NYSE:WLL)

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