Whiting Petroleum Corp (NYSE:WLL) plunged -3.95% during previous trade, a total of 22.93M shares exchanged hands compared with its average trading volume of 18.17M shares whereas its relative volume is 1.40. The stock has a market capitalization of $2.36B along with 368.13M outstanding shares. Stock’s intraday price range hit the peak level of $6.85 and touched the lowest level of $6.57.
Most recently Whiting Petroleum Corp (NYSE:WLL)’s price target was revised on 05/31/17 and according to 37 analysts stock’s price will reach at $12.42 during 52 weeks with standard deviation of 3.24. Stock’s minimum price target estimates has been figured out at $7 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 184% from its latest closing price of $6.69.
Historically, if we look at price target revisions, two weeks ago Whiting Petroleum Corp (NYSE:WLL)’s price target was revised on 5/15/17 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 $12.86, the estimates indicates a standard deviation of 2.96.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.30. ABR value is precisely based on brokerage recommendations, where out of 20 brokerage recommendations 8 rate Whiting Petroleum Corp (NYSE:WLL) stock a Strong Buy, 0 rate the stocks of the company a Buy, 11 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 5/30/16 the stock of Whiting Petroleum Corp (NYSE:WLL) downgraded by Credit Suisse from Outperform to Neutral. However previously on 5/30/16 it was downgraded by Goldman from Neutral to Sell. A research note issued on 12/1/16 the stock was upgraded by Stifel from Hold to Buy.
Whiting Petroleum Corp (NYSE:WLL) performance over the past one year plunged -47.53% whereas its year to date (YTD) performance indicated a bearish trend of -44.34%. During the last six months the stock slipped -45.25%. Quarterly performance of the company shows declining momentum of -37.94% while its last one month trend is negative with -19.59%. Stock’s weekly performance expressed down trend of -15.53%.
The company’s price sits -21.56% below from its 50-day moving average of $8.23 and -29.91% away from the stock’s 200-day moving average which is $10.20. Whiting Petroleum Corp (NYSE:WLL)’s shares are currently trading -53.67% away from the 52-week high price of $14.44 and +4.86% far from the 52-week low price of $6.38.
According to consensus agreement of 32 analysts Whiting Petroleum Corp (NYSE:WLL) will report earnings per share of $-0.15 in their quarterly report and it is expected to announce the company’s results on 7/26/17. For the current quarter the company has high EPS estimates of $-0.11 in contradiction of low EPS estimates of $-0.23. However a year ago for the same quarter the company has reported $-0.7 EPS. Current year EPS projections for Whiting Petroleum Corp (NYSE:WLL) set at $-0.49 according to the sentiments of 33 analysts, while its lowest earnings estimates are $-0.75 and highest earnings estimates are $-0.24.
According to 26 analysts, Whiting Petroleum Corp (NYSE:WLL)’s revenue estimates for the current quarter are $375.3M meanwhile the company has high revenue estimates of $412.23M in contradiction of low revenue estimates of $345.7M. For the current year the company’s revenue estimates are $1.67B compared to low analyst estimates of $1.52B and high estimates of $1.8B according to the projection of 30 analysts.