Whiting Petroleum Corp (WLL) : Guild Investment Management added new position in Whiting Petroleum Corp during the most recent quarter end. The investment management firm now holds 182,300 shares of Whiting Petroleum Corp which is valued at $2,043,583 , the company said in a statement filed on Apr 20, 2016 with the SEC.Whiting Petroleum Corp makes up approximately 2.97% of Guild Investment Management’s portfolio.
Whiting Petroleum Corp opened for trading at $10.3 and hit $11.23 on the upside on Friday, eventually ending the session at $11.21, with a gain of 10.55% or 1.07 points. The heightened volatility saw the trading volume jump to 3,55,50,639 shares. Company has a market cap of $2,291 M.
Other Hedge Funds, Including , Cornerstone Advisors sold out all of its stake in WLL during the most recent quarter. The investment firm sold 467 shares of WLL which is valued $5,235.Montrusco Bolton Investments reduced its stake in WLL by selling 92,802 shares or 23.01% in the most recent quarter. The Hedge Fund company now holds 310,576 shares of WLL which is valued at $3,481,557. Whiting Petroleum Corp makes up approx 0.27% of Montrusco Bolton Investments’s portfolio. Sigma Planning Corp added WLL to its portfolio by purchasing 10,518 company shares during the most recent quarter which is valued at $117,907. Whiting Petroleum Corp makes up approx 0.02% of Sigma Planning Corp’s portfolio.Rnc Capital Management reduced its stake in WLL by selling 9,515 shares or 21.52% in the most recent quarter. The Hedge Fund company now holds 34,706 shares of WLL which is valued at $370,313. Whiting Petroleum Corp makes up approx 0.04% of Rnc Capital Management’s portfolio. British Columbia Investment Management Corp sold out all of its stake in WLL during the most recent quarter. The investment firm sold 67,912 shares of WLL which is valued $646,522.
On the company’s financial health, Whiting Petroleum Corp reported $-0.43 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Feb 24, 2016. Analyst had a consensus of $-0.30. The company had revenue of $423.50 million for the quarter, compared to analysts expectations of $485.39 million. The company’s revenue was down -39.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.44 EPS.
Many Wall Street Analysts have commented on Whiting Petroleum Corp. Whiting Petroleum Corp was Downgraded by Cantor Fitzgerald to ” Hold” on Apr 26, 2016. Whiting Petroleum Corp was Upgraded by Iberia to ” Outperform” on Mar 11, 2016. Shares were Reiterated by Wunderlich on Feb 26, 2016 to “Hold” and Lowered the Price Target to $ 4 from a previous price target of $7 .
Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in exploration development acquisition and production of crude oil NGLs and natural gas in the Rocky Mountains and Permian Basin regions of the United States. The Company’s Rocky Mountains operations include assets in the states of Colorado Montana North Dakota Utah and Wyoming. The Company’s Permian Basin operations include assets in Texas and New Mexico. The Company’s other operations primarily include its assets in Arkansas Michigan Oklahoma and Texas. As of December 31 2014 The Company’s estimated proved reserves totaled 780.3 Million Barrels of Oil Equivalent (MMBOE). At December 31 2014 the Company’s probable reserves were estimated to be 399.3 MMBOE and its possible reserves were estimated to be 225.5 MMBOE for a total of 624.8 MMBOE.