Media coverage about Whiting Petroleum (NYSE:WLL) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Whiting Petroleum earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news articles about the oil and gas exploration company an impact score of 46.6886538291348 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern’s analysis:
- Today’s Research Reports on Trending Tickers: Chesapeake Energy and Whiting Petroleum (finance.yahoo.com)
- How Short Interest in Whiting Petroleum Stock Is Trending (finance.yahoo.com)
- What’s Whiting Petroleum’s Stock Price Forecast? (finance.yahoo.com)
- Merrill Lynch Picks Energy Stock Favorites – 24/7 Wall St. (247wallst.com)
- The Tech Breakthrough Bringing Oil Into The 21st Century (prnewswire.com)
A number of equities analysts recently issued reports on the stock. Bank of America raised shares of Whiting Petroleum from an “underperform” rating to a “neutral” rating and set a $6.00 target price on the stock in a research report on Thursday, March 8th. Seaport Global Securities raised shares of Whiting Petroleum from a “neutral” rating to a “buy” rating and set a $40.00 target price on the stock in a research report on Wednesday, March 7th. UBS Group assumed coverage on shares of Whiting Petroleum in a research report on Wednesday, March 7th. They set a “neutral” rating and a $32.00 target price on the stock. Zacks Investment Research lowered shares of Whiting Petroleum from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, Tudor Pickering raised shares of Whiting Petroleum from a “sell” rating to a “hold” rating in a research report on Monday, February 12th. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $33.70.
Whiting Petroleum (NYSE:WLL) last posted its earnings results on Wednesday, February 21st. The oil and gas exploration company reported ($0.17) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.30) by $0.13. Whiting Petroleum had a negative net margin of 83.54% and a negative return on equity of 3.96%. The business had revenue of $474.40 million for the quarter, compared to analyst estimates of $424.55 million. During the same quarter in the prior year, the firm earned ($0.28) EPS. The firm’s quarterly revenue was up 38.4% compared to the same quarter last year. equities research analysts forecast that Whiting Petroleum will post 0.46 EPS for the current year.
In other news, VP David M. Seery sold 1,059 shares of the company’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $27.77, for a total value of $29,408.43. Following the sale, the vice president now owns 37,122 shares of the company’s stock, valued at approximately $1,030,877.94. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.20% of the stock is currently owned by corporate insiders.
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About Whiting Petroleum
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.
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