Whiting Petroleum (WLL) Reaches $23.48 After 5.00% Down Move; Commerzbank Aktiengesellschaft Has Trimmed Its Travelers Companies (TRV) Holding

December 6, 2017 - By Maria Brooks

The stock of Whiting Petroleum Corporation (NYSE:WLL) is a huge mover today! The stock decreased 3.57% or $0.87 during the last trading session, reaching $23.48. About 2.98 million shares traded. Whiting Petroleum Corporation (NYSE:WLL) has declined 20.87% since December 6, 2016 and is downtrending. It has underperformed by 37.57% the S&P500.The move comes after 9 months negative chart setup for the $2.13 billion company. It was reported on Dec, 6 by Barchart.com. We have $22.31 PT which if reached, will make NYSE:WLL worth $106.50M less.

Commerzbank Aktiengesellschaft decreased Travelers Companies Inc (TRV) stake by 34.97% reported in 2017Q2 SEC filing. Commerzbank Aktiengesellschaft sold 17,856 shares as Travelers Companies Inc (TRV)’s stock declined 0.95%. The Commerzbank Aktiengesellschaft holds 33,210 shares with $4.20 million value, down from 51,066 last quarter. Travelers Companies Inc now has $37.14 billion valuation. The stock increased 0.27% or $0.36 during the last trading session, reaching $135.68. About 387,203 shares traded. The Travelers Companies, Inc. (NYSE:TRV) has risen 9.71% since December 6, 2016 and is uptrending. It has underperformed by 6.99% the S&P500.

Among 40 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 11 have Buy rating, 7 Sell and 22 Hold. Therefore 28% are positive. Whiting Petroleum Corporation had 127 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, January 13 the stock rating was downgraded by UBS to “Neutral”. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 5. Seaport Global downgraded the stock to “Neutral” rating in Thursday, February 25 report. Wunderlich maintained the stock with “Hold” rating in Friday, April 29 report. The company was initiated on Wednesday, December 9 by JP Morgan. The stock of Whiting Petroleum Corporation (NYSE:WLL) has “Neutral” rating given on Friday, July 31 by Guggenheim. The rating was maintained by Credit Suisse on Monday, April 3 with “Buy”. The firm has “Buy” rating given on Thursday, August 4 by Citigroup. Citigroup maintained it with “Buy” rating and $16 target in Monday, July 18 report. The firm has “Neutral” rating given on Wednesday, July 6 by Goldman Sachs.

Whiting Petroleum Corporation, an independent gas and oil company, engages in the development, production, acquisition, and exploration of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States. The company has market cap of $2.13 billion. It sells gas and oil to end users, marketers, and other purchasers. It currently has negative earnings. As of December 31, 2016, the firm had total estimated proved reserves of 615.5 million barrels of oil equivalent; and interests in 1,917 net productive wells on approximately 517,200 net developed acres.

Investors sentiment increased to 1.51 in Q2 2017. Its up 0.52, from 0.99 in 2017Q1. It improved, as 42 investors sold Whiting Petroleum Corporation shares while 63 reduced holdings. 45 funds opened positions while 114 raised stakes. 290.12 million shares or 1.84% more from 284.87 million shares in 2017Q1 were reported. Westwood Grp owns 0% invested in Whiting Petroleum Corporation (NYSE:WLL) for 5,000 shares. 20,000 are owned by Bluestein R H & Co. Bessemer Gru reported 35 shares. Parametric Port Assoc Lc invested in 733,277 shares or 0% of the stock. Hightower Advsrs Ltd Llc reported 25,698 shares. Utah Retirement Systems has 0.01% invested in Whiting Petroleum Corporation (NYSE:WLL) for 65,783 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 17,114 shares or 0% of all its holdings. Nuveen Asset Management Ltd Liability Corp accumulated 0% or 100,275 shares. Envestnet Asset Mngmt holds 28,566 shares or 0% of its portfolio. Beach Point Capital Ltd Partnership reported 2.78% stake. Hsbc Hldgs Public Limited holds 33,332 shares or 0% of its portfolio. Fmr Ltd Limited Liability Company reported 0.01% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL). Janney Montgomery Scott Limited Co has 37,675 shares. Tortoise Cap Limited Liability Corp holds 0% or 27 shares. Gamco Invsts Incorporated Et Al holds 0.01% or 207,600 shares in its portfolio.

Analysts await Whiting Petroleum Corporation (NYSE:WLL) to report earnings on February, 20. They expect $-0.52 earnings per share, up 53.57% or $0.60 from last year’s $-1.12 per share. After $-0.56 actual earnings per share reported by Whiting Petroleum Corporation for the previous quarter, Wall Street now forecasts -7.14% EPS growth.

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on January, 23. They expect $2.16 EPS, down 32.50% or $1.04 from last year’s $3.2 per share. TRV’s profit will be $591.18M for 15.70 P/E if the $2.16 EPS becomes a reality. After $0.91 actual EPS reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 137.36% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com