Whiting Petroleum Corporation (NYSE:WLL) marched up 12.75% compared to a 52-week low price of $14.74. The shares were last seen trading 1.96% higher, taking the closing price at $16.62 on 7/24/2019. At a recent session, the prices were hovering between $16.18 and $16.8. This company shares are 83.21% off its target price of $30.45 and the current market capitalization stands at $1.52B. The recent change has given its price a -9.43% deficit over SMA 50 and -69.87% deficit over its 52-week high. The stock witnessed -2.64% declines, -40.64% declines and -37.05% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WLL’s volatility during a week at 4.43% and during a month it has been found around 5.24%.
What Does Whiting Petroleum Corporation (WLL) Do?
The company describes itself in regulatory filings as, “Whiting Petroleum Corp. is an independent oil and gas company, which engages in the development, production, acquisition, and exploration of oil and gas properties. It operates in the Rocky Mountains and Permian Basin regions. The company was founded by Kenneth R. Whiting and J. Bert Ladd in January 1980 and is headquartered in Denver, CO.” [Text can be found here: https://www.marketwatch.com/investing/stock/WLL/profile under company description.]Whiting Petroleum Corporation (WLL) Top Holders
Institutional investors currently hold around $1.6 billion or 0% in WLL stock. Look at its top three institutional owners: Fmr Llc owns $213.15 million in Whiting Petroleum Corporation, which represents roughly 14.02% of the company’s market cap and approximately 13.36% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 11,232,125 shares of the stock are valued at $183.08 million. The third largest holder is Vanguard Group Inc, which currently holds $178.03 million worth of this stock and that ownership represents nearly 11.71% of its market capitalization.Whiting Petroleum Corporation 13F Filings
At the end of March reporting period, 161 institutional holders increased their position in Whiting Petroleum Corporation (NYSE:WLL) by some 23,983,608 shares, 135 decreased positions by 15,849,162 and 32 held positions by 58,081,936. That puts total institutional holdings at 97,914,706 shares, according to SEC filings. The stock grabbed 52 new institutional investments totaling 3,361,386 shares while 57 institutional investors sold out their entire positions totaling 7,662,293 shares.Whiting Petroleum Corporation (NYSE:WLL) Insider Trades
Multiple company employees have indulged in significant insider trading. Whiting Petroleum Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President Hagist Peter has sold 5,000 shares of Whiting Petroleum Corporation (WLL) in the trading session dated Mar. 15, 2019. These shares are worth $125,950 and were traded at $25.19 each. The SEC filing shows that Doty Philip Edward performed a sale of 2,500 shares. The Director disposed these shares by way of transaction on Mar. 01, 2019. The company’s shares were given away at $24.62 per share worth to an income of some $61,550 to the account of Doty Philip Edward.
Director, HAHNE WILLIAM N, sold 2,300 common shares of Whiting Petroleum Corporation (WLL) in the open market. In a transaction dated Nov. 07, 2018, the shares were put up for sale at an average price of $36.85, raking in a sum of $84,755. After this sale, 20,914 common shares of WLL are directly owned by the insider, with total stake valued at $347,591.
In the transaction dated Oct. 01, 2018, a great number of shares sold came courtesy the Senior Vice President; Ross Rick A Mr. disposed a total of 2,079 shares at an average price of $55.01, amounting to approximately $114,366. The insider now directly owns 71,457 shares worth $1,187,615.Whiting Petroleum Corporation (WLL) Analyst Guide
Several analysts have released their opinion on Whiting Petroleum Corporation (NYSE:WLL), with 9 analysts believing it is a strong buy. Whereas 15 of them predict the stock is a hold. Also, there are 9 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.18 average brokerage recommendation [T1].