Somewhat Positive Press Coverage Extremely Likely to Impact Whiting Petroleum Corp (WLL) Share Price

Headlines about Whiting Petroleum Corp (NYSE:WLL) have been trending somewhat positive on Saturday, Alpha One Sentiment Analysis reports. The research firm, a division of Accern, identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Whiting Petroleum Corp earned a media sentiment score of 0.04 on Alpha One’s scale. Alpha One also gave media headlines about the oil and gas exploration company an impact score of 93 out of 100, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the immediate future.

Here are some of the media headlines that may have effected AlphaOne’s rankings:

A number of analysts have weighed in on the company. Royal Bank of Canada restated a “hold” rating and set a $12.00 target price on shares of Whiting Petroleum Corp in a report on Tuesday, April 25th. Canaccord Genuity restated a “buy” rating and set a $14.00 target price on shares of Whiting Petroleum Corp in a report on Thursday, February 23rd. R. F. Lafferty upped their target price on Whiting Petroleum Corp from $14.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, April 27th. FBR & Co decreased their price objective on Whiting Petroleum Corp from $13.00 to $11.00 and set a “mkt perform” rating for the company in a report on Wednesday, May 10th. Finally, Credit Suisse Group AG reiterated a “buy” rating and set a $15.00 price objective on shares of Whiting Petroleum Corp in a report on Friday, March 31st. Fifteen equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $12.73.

Whiting Petroleum Corp (NYSE:WLL) traded up 6.61% during midday trading on Friday, reaching $8.87. The company had a trading volume of 18,149,792 shares. The firm’s 50 day moving average is $8.65 and its 200 day moving average is $10.21. The stock’s market capitalization is $3.22 billion. Whiting Petroleum Corp has a 1-year low of $6.38 and a 1-year high of $14.44.

Whiting Petroleum Corp (NYSE:WLL) last issued its earnings results on Wednesday, April 26th. The oil and gas exploration company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.07. Whiting Petroleum Corp had a negative net margin of 106.77% and a negative return on equity of 11.83%. The company had revenue of $371.30 million for the quarter, compared to analyst estimates of $359.28 million. During the same period in the prior year, the business posted ($0.85) earnings per share. The firm’s revenue for the quarter was up 28.2% compared to the same quarter last year. On average, equities analysts anticipate that Whiting Petroleum Corp will post ($0.50) EPS for the current fiscal year.

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Whiting Petroleum Corp Company 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.

12 Month Chart for NYSE:WLL

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