Several other analysts have also recently commented on the stock. Analysts at Brean Murray reiterated a “buy” rating on shares of Whiting Petroleum in a research note to investors on Tuesday. Separately, analysts at Societe Generale upgraded shares of Whiting Petroleum from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, May 22nd. Finally, analysts at Credit Suisse (NYSE: CS) raised their EPS on shares of Whiting Petroleum in a research note to investors on Monday, May 7th. They now have an “outperform” rating and a $83.00 price target on the stock.
Whiting Petroleum opened at 41.07 on Tuesday. Whiting Petroleum has a 1-year low of $28.87 and a 1-year high of $63.97. The company has a market cap of $4.831 billion and a price-to-earnings ratio of 8.55.
Whiting Petroleum last released its earnings data on Wednesday, April 25th. The company reported $1.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.03. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. Analysts expect that Whiting Petroleum will post $1.13 EPS next quarter.
Whiting Petroleum Corporation (Whiting) is an independent oil and gas company engaged in acquisition, development, exploitation, production and exploration activities primarily in the Rocky Mountains, Permian Basin, Mid-Continent, Michigan and Gulf Coast regions of the United States.