Janus Henderson Group PLC Purchases 228,987 Shares of Whiting Petroleum Corp (NYSE:WLL)

Janus Henderson Group PLC grew its position in Whiting Petroleum Corp (NYSE:WLL) by 28.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,026,744 shares of the oil and gas exploration company’s stock after buying an additional 228,987 shares during the period. Janus Henderson Group PLC owned 1.13% of Whiting Petroleum worth $5,606,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WLL. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Whiting Petroleum by 44.8% in the 3rd 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 buying an additional 8,737,870 shares in the last quarter. Fine Capital Partners L.P. boosted its stake in Whiting Petroleum by 53.7% in the 2nd 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in Whiting Petroleum by 21.0% in the 2nd 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 in the last quarter. Numeric Investors LLC boosted its stake in Whiting Petroleum by 163.0% in the 2nd 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 in the last quarter. Finally, Schneider Capital Management Corp boosted its stake in Whiting Petroleum by 63.7% in the 2nd 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 purchasing an additional 2,230,237 shares in the last quarter.

Shares of Whiting Petroleum Corp (NYSE WLL) opened at $29.72 on Friday. 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 company has a market cap of $2,700.00, a P/E ratio of -4.14 and a beta of 3.39. Whiting Petroleum Corp has a 12 month low of $15.88 and a 12 month high of $52.32.

Whiting Petroleum (NYSE:WLL) last posted its earnings results on Wednesday, October 25th. The oil and gas exploration company reported ($0.56) earnings per share for the quarter, beating the consensus estimate of ($0.80) by $0.24. The firm had revenue of $324.20 million during the quarter, compared to analyst estimates of $330.25 million. Whiting Petroleum had a negative net margin of 45.39% and a negative return on equity of 5.06%. The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($1.88) EPS. equities research analysts predict that Whiting Petroleum Corp will post -2.27 earnings per share for the current year.

WLL has been the subject of a number of recent analyst reports. Cowen reiterated a “buy” rating and issued a $32.00 target price on shares of Whiting Petroleum in a research note on Sunday, September 17th. Stifel Nicolaus set a $40.00 target price on shares of Whiting Petroleum and gave the stock a “buy” rating in a research note on Thursday, October 26th. SunTrust Banks set a $36.00 target price on shares of Whiting Petroleum and gave the stock a “buy” rating in a research note on Friday, October 20th. KeyCorp set a $28.00 target price on shares of Whiting Petroleum and gave the stock a “buy” rating in a research note on Thursday, October 19th. Finally, Zacks Investment Research upgraded shares of Whiting Petroleum from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Thursday, October 12th. Seven analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $33.31.

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Whiting Petroleum 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 (NYSE:WLL)

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