Whiting Petroleum Corporation (WLL) Shares Bought by Hodges Capital Management Inc.

Hodges Capital Management Inc. raised its stake in Whiting Petroleum Corporation (NYSE:WLL) by 8.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,600 shares of the oil and gas exploration company’s stock after buying an additional 5,000 shares during the period. Hodges Capital Management Inc.’s holdings in Whiting Petroleum Corporation were worth $350,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WLL. Henderson Group PLC boosted its position in Whiting Petroleum Corporation by 30.4% in the first quarter. Henderson Group PLC now owns 990,267 shares of the oil and gas exploration company’s stock valued at $9,368,000 after buying an additional 230,974 shares during the last quarter. Carl Domino Inc boosted its position in Whiting Petroleum Corporation by 18.8% in the first quarter. Carl Domino Inc now owns 19,000 shares of the oil and gas exploration company’s stock valued at $180,000 after buying an additional 3,000 shares during the last quarter. Caymus Capital Partners L.P. boosted its position in Whiting Petroleum Corporation by 119.2% in the first quarter. Caymus Capital Partners L.P. now owns 2,388,600 shares of the oil and gas exploration company’s stock valued at $22,596,000 after buying an additional 1,299,100 shares during the last quarter. Sentinel Trust Co. LBA boosted its position in Whiting Petroleum Corporation by 154.9% in the first quarter. Sentinel Trust Co. LBA now owns 150,710 shares of the oil and gas exploration company’s stock valued at $1,426,000 after buying an additional 91,580 shares during the last quarter. Finally, Private Capital Management Inc. boosted its position in Whiting Petroleum Corporation by 33.3% in the first quarter. Private Capital Management Inc. now owns 20,000 shares of the oil and gas exploration company’s stock valued at $189,000 after buying an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 82.63% of the company’s stock.

Shares of Whiting Petroleum Corporation (WLL) opened at 4.80 on Thursday. The firm’s market capitalization is $1.74 billion. The firm has a 50-day moving average price of $5.21 and a 200-day moving average price of $8.10. Whiting Petroleum Corporation has a 52 week low of $4.61 and a 52 week high of $13.39.

Whiting Petroleum Corporation (NYSE:WLL) last posted its quarterly earnings results on Wednesday, July 26th. The oil and gas exploration company reported ($0.18) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.01. The firm had revenue of $311.50 million for the quarter, compared to analyst estimates of $345.64 million. Whiting Petroleum Corporation had a negative return on equity of 6.77% and a negative net margin of 88.27%. Whiting Petroleum Corporation’s quarterly revenue was down 7.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.70) earnings per share. On average, equities analysts expect that Whiting Petroleum Corporation will post ($0.71) earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This story was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. & international trademark and copyright laws. The original version of this story can be viewed at https://sportsperspectives.com/2017/08/10/whiting-petroleum-corporation-wll-shares-bought-by-hodges-capital-management-inc.html.

Several research analysts have issued reports on the company. BMO Capital Markets set a $10.00 price objective on Whiting Petroleum Corporation and gave the stock a “hold” rating in a research report on Monday, May 15th. FBR & Co cut their price objective on Whiting Petroleum Corporation from $13.00 to $11.00 and set a “mkt perform” rating for the company in a research report on Wednesday, May 10th. Iberia Capital reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Whiting Petroleum Corporation in a research report on Friday, May 12th. KLR Group increased their price objective on Whiting Petroleum Corporation from $14.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, May 1st. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $15.00 price objective on shares of Whiting Petroleum Corporation in a research report on Monday, May 8th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $11.28.

Whiting Petroleum Corporation Company 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 Corporation (NYSE:WLL)

Receive News & Ratings for Whiting Petroleum Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whiting Petroleum Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply