Whiting Petroleum Corp (NYSE:WLL) plunged -2.65% during previous trade, a total of 18.86M shares exchanged hands compared with its average trading volume of 15.08M shares whereas its relative volume is 1.33. The stock has a market capitalization of $3.06B along with 368.13M outstanding shares. Stock’s intraday price range hit the peak level of $8.51 and touched the lowest level of $8.05.
Most recently Whiting Petroleum Corp (NYSE:WLL)’s price target was revised on 04/24/17 and according to 35 analysts stock’s price will reach at $13.45 during 52 weeks with standard deviation of 2.98. Stock’s minimum price target estimates has been figured out at $8 while the maximum price target forecast is established at $19, if we look at the price target with an optimistic approach it has upside potential of 123% from its latest closing price of $8.07.
Historically, if we look at price target revisions, three weeks ago Whiting Petroleum Corp (NYSE:WLL)’s price target was revised on 3/31/17 by the analysts, however the bullish price estimates of the stock set at $19 while the bearish estimates kept at $8 over the next one year. Stock’s 52-week target was retained at $13.45, the estimates indicates a standard deviation of 3.07.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.40. ABR value is precisely based on brokerage recommendations, where out of 20 brokerage recommendations 7 rate Whiting Petroleum Corp (NYSE:WLL) stock a Strong Buy, 0 rate the stocks of the company a Buy, 12 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 12/1/16 the stock of Whiting Petroleum Corp (NYSE:WLL) upgraded by Stifel from Hold to Buy. However previously on 10/28/16 it was upgraded by Raymond James from Outperform to Strong Buy. A research note issued on 7/13/16 the stock was upgraded by Credit Suisse from Neutral to Outperform.
Whiting Petroleum Corp (NYSE:WLL) performance over the past one year plunged -29.46% whereas its year to date (YTD) performance indicated a bearish trend of -32.86%. During the last six months the stock slipped -6.27%. Quarterly performance of the company shows declining momentum of -33.25% while its last one month trend is negative with -2.89%. Stock’s weekly performance expressed down trend of -1.10%.
The company’s price sits -15.81% below from its 50-day moving average of $8.89 and -14.98% away from the stock’s 200-day moving average which is $10.25. Whiting Petroleum Corp (NYSE:WLL)’s shares are currently trading -44.11% away from the 52-week high price of $14.44 and +26.49% far from the 52-week low price of $6.38.
According to consensus agreement of 31 analysts Whiting Petroleum Corp (NYSE:WLL) will report earnings per share of $-0.21 in their quarterly report and it is expected to announce the company’s results on 4/26/17. For the current quarter the company has high EPS estimates of $-0.11 in contradiction of low EPS estimates of $-0.26. However a year ago for the same quarter the company has reported $-0.85 EPS. Current year EPS projections for Whiting Petroleum Corp (NYSE:WLL) set at $-0.69 according to the sentiments of 35 analysts, while its lowest earnings estimates are $-0.98 and highest earnings estimates are $-0.24.
According to 25 analysts, Whiting Petroleum Corp (NYSE:WLL)’s revenue estimates for the current quarter are $363.26M meanwhile the company has high revenue estimates of $402M in contradiction of low revenue estimates of $344.69M. For the current year the company’s revenue estimates are $1.68B compared to low analyst estimates of $1.5B and high estimates of $1.86B according to the projection of 28 analysts.