Whiting Petroleum Corp (NYSE:WLL)’s share price gapped up prior to trading on Monday . The stock had previously closed at $21.84, but opened at $22.48. Whiting Petroleum shares last traded at $23.32, with a volume of 4367844 shares.

A number of equities analysts have recently commented on the company. Morgan Stanley lifted their price objective on Whiting Petroleum from $14.40 to $22.00 and gave the stock a “sell” rating in a research note on Wednesday, January 24th. Cowen set a $35.00 price objective on Whiting Petroleum and gave the stock a “buy” rating in a research note on Thursday, January 18th. Mizuho set a $32.00 price objective on Whiting Petroleum and gave the stock a “hold” rating in a research note on Tuesday, January 16th. KeyCorp set a $35.00 price objective on Whiting Petroleum and gave the stock a “buy” rating in a research note on Sunday, January 21st. Finally, Capital One Financial upgraded Whiting Petroleum from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 16th. Five analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $34.28.

The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $2,120.00, a price-to-earnings ratio of -3.25 and a beta of 3.33.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC acquired a new stake in Whiting Petroleum during the third quarter valued at approximately $133,000. State of Alaska Department of Revenue acquired a new stake in Whiting Petroleum during the fourth quarter valued at approximately $138,000. Gotham Asset Management LLC boosted its holdings in Whiting Petroleum by 92.9% during the second quarter. Gotham Asset Management LLC now owns 26,616 shares of the oil and gas exploration company’s stock valued at $147,000 after purchasing an additional 12,815 shares in the last quarter. Advisor Group Inc. boosted its holdings in Whiting Petroleum by 167.2% during the third quarter. Advisor Group Inc. now owns 28,135 shares of the oil and gas exploration company’s stock valued at $154,000 after purchasing an additional 17,604 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Whiting Petroleum by 1.4% during the second quarter. ProShare Advisors LLC now owns 28,373 shares of the oil and gas exploration company’s stock valued at $156,000 after purchasing an additional 388 shares in the last quarter.

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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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