Brave Asset Management Inc. Sells 53,200 Shares of Whiting Petroleum Corp (WLL)

Brave Asset Management Inc. lessened its position in shares of Whiting Petroleum Corp (NYSE:WLL) by 85.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,175 shares of the oil and gas exploration company’s stock after selling 53,200 shares during the period. Brave Asset Management Inc.’s holdings in Whiting Petroleum were worth $243,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of WLL. Cubist Systematic Strategies LLC bought a new stake in shares of Whiting Petroleum during the 3rd quarter worth approximately $133,000. State of Alaska Department of Revenue bought a new stake in shares of Whiting Petroleum during the 4th quarter worth approximately $138,000. Gotham Asset Management LLC lifted its holdings in shares of Whiting Petroleum by 92.9% during the 2nd quarter. Gotham Asset Management LLC now owns 26,616 shares of the oil and gas exploration company’s stock worth $147,000 after acquiring an additional 12,815 shares during the period. Advisor Group Inc. lifted its holdings in shares of Whiting Petroleum by 167.2% during the 3rd quarter. Advisor Group Inc. now owns 28,135 shares of the oil and gas exploration company’s stock worth $154,000 after acquiring an additional 17,604 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Whiting Petroleum during the 3rd quarter worth approximately $166,000.

Whiting Petroleum Corp (WLL) opened at $23.33 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.59 and a quick ratio of 0.59. Whiting Petroleum Corp has a 12-month low of $15.88 and a 12-month high of $47.00. The stock has a market cap of $2,120.00, a P/E ratio of -3.25 and a beta of 3.33.

A number of brokerages have recently weighed in on WLL. Imperial Capital upped their price target on shares of Whiting Petroleum from $6.00 to $30.00 and gave the stock a “line” rating in a report on Monday, November 13th. KeyCorp set a $35.00 price target on shares of Whiting Petroleum and gave the stock a “buy” rating in a report on Sunday, January 21st. Tudor Pickering raised shares of Whiting Petroleum from a “sell” rating to a “hold” rating in a report on Monday, February 12th. R. F. Lafferty reaffirmed a “hold” rating and set a $28.00 price target on shares of Whiting Petroleum in a report on Tuesday, December 12th. Finally, Credit Suisse Group began coverage on shares of Whiting Petroleum in a report on Monday, December 11th. They set a “neutral” rating and a $29.00 price target for the company. Five analysts have rated the stock with a sell rating, fifteen have given a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $34.28.

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Whiting Petroleum 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.

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Institutional Ownership by Quarter for Whiting Petroleum (NYSE:WLL)

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