Oppenheimer Keeps a Buy Rating on Whiting Petroleum Corp (WLL)

Oppenheimer analyst Tim Rezvan maintained a Buy rating on Whiting Petroleum Corp (WLL) yesterday. The company’s shares closed yesterday at $26.53.

According to TipRanks.com, Rezvan is a 2-star analyst with an average return of 1.0% and a 48.0% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Occidental Petroleum, and Par Pacific Holdings.

Whiting Petroleum Corp has an analyst consensus of Strong Buy, with a price target consensus of $38.20, representing a 44.0% upside. In a report issued on April 22, KeyBanc also maintained a Buy rating on the stock with a $35 price target.

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Whiting Petroleum Corp’s market cap is currently $2.41B and has a P/E ratio of 7.11. The company has a Price to Book ratio of 0.57.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.

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Whiting Petroleum Corp. is an independent oil and gas company, which engages in the development, production, acquisition, and exploration of oil and gas properties. It operates in the Rocky Mountains and Permian Basin regions. The company was founded by Kenneth R. Whiting and J. Bert Ladd in January 1980 and is headquartered in Denver, CO.