Whiting Petroleum Corp (WLL): James J Volker , CEO of Whiting Petroleum Corp purchased 10,000 shares on May 3, 2016. The Insider buying transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.30 per share for a total value of $102,980.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 4, 2015, Lynn A Peterson (director) sold 25,000 shares at $19.73 per share price.
Shares of Whiting Petroleum Corp (WLL) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -1.65% at $10.12 with 2,23,58,912 shares getting traded. Post opening the session at $10.56, the shares hit an intraday low of $10.03 and an intraday high of $10.8765 and the price vacillated in this range throughout the day. The company has a market cap of $2,068 M and the number of outstanding shares has been calculated to be 20,43,85,180 shares. The 52-week high of Whiting Petroleum Corp is $39.15 and the 52-week low is $3.35.
Company has been under the radar of several Street Analysts.Whiting Petroleum Corp is Downgraded by Sterne Agee CRT to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 29, 2016.Whiting Petroleum Corp is Reiterated by Wunderlich to Hold and the brokerage firm has raised the Price Target to $ 14 from a previous price target of $10 .The Rating was issued on Apr 29, 2016.Whiting Petroleum Corp is Downgraded by RBC Capital Mkts to Sector Perform and the brokerage firm has set the Price Target at $12. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 28, 2016.Whiting Petroleum Corp is Downgraded by Cantor Fitzgerald to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 26, 2016.Whiting Petroleum Corp is Upgraded by Iberia to Outperform. Earlier the firm had a rating of Sector Perform on the company shares. The Rating was issued on Mar 11, 2016.
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.