California State Teachers Retirement System Has $3.39 Million Stake in Whiting Petroleum Corp (WLL)

California State Teachers Retirement System lowered its stake in Whiting Petroleum Corp (NYSE:WLL) by 6.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 619,914 shares of the oil and gas exploration company’s stock after selling 43,445 shares during the quarter. California State Teachers Retirement System owned 0.68% of Whiting Petroleum worth $3,385,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Whiting Petroleum by 44.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 28,255,537 shares of the oil and gas exploration company’s stock valued at $154,275,000 after acquiring an additional 8,737,870 shares in the last quarter. Fine Capital Partners L.P. grew its stake in Whiting Petroleum by 53.7% in the second quarter. Fine Capital Partners L.P. now owns 21,336,862 shares of the oil and gas exploration company’s stock worth $117,566,000 after purchasing an additional 7,450,722 shares during the period. Dimensional Fund Advisors LP grew its stake in Whiting Petroleum by 21.0% in the second quarter. Dimensional Fund Advisors LP now owns 25,799,001 shares of the oil and gas exploration company’s stock worth $142,153,000 after purchasing an additional 4,483,396 shares during the period. Numeric Investors LLC grew its stake in Whiting Petroleum by 163.0% in the second quarter. Numeric Investors LLC now owns 4,835,600 shares of the oil and gas exploration company’s stock worth $26,644,000 after purchasing an additional 2,997,300 shares during the period. Finally, Schneider Capital Management Corp grew its stake in shares of Whiting Petroleum by 63.7% in the second quarter. Schneider Capital Management Corp now owns 5,729,569 shares of the oil and gas exploration company’s stock worth $31,570,000 after acquiring an additional 2,230,237 shares during the last quarter.

A number of research firms have recently commented on WLL. Mizuho set a $32.00 target price on Whiting Petroleum and gave the stock a “hold” rating in a research note on Tuesday. Capital One Financial raised Whiting Petroleum from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. BMO Capital Markets reaffirmed a “hold” rating and set a $33.00 price objective on shares of Whiting Petroleum in a research report on Thursday, January 11th. Piper Jaffray Companies reissued a “hold” rating and issued a $40.00 target price on shares of Whiting Petroleum in a report on Tuesday, January 9th. Finally, ValuEngine raised Whiting Petroleum from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Seven research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $33.53.

Shares of Whiting Petroleum Corp (WLL) opened at $30.03 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $2,701.00, a P/E ratio of -4.17 and a beta of 3.40. Whiting Petroleum Corp has a one year low of $15.88 and a one year high of $49.88.

Whiting Petroleum (NYSE:WLL) last issued its earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.80) by $0.24. The business had revenue of $324.20 million during the quarter, compared to analyst estimates of $330.25 million. Whiting Petroleum had a negative return on equity of 5.06% and a negative net margin of 45.39%. Whiting Petroleum’s revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted ($1.88) EPS. analysts anticipate that Whiting Petroleum Corp will post -2.26 earnings per share for the current fiscal year.

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Whiting Petroleum Profile

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.

Institutional Ownership by Quarter for Whiting Petroleum (NYSE:WLL)

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