Wells Fargo’s Take on This Canadian Energy Stock
In a report released yesterday, Thomas Hughes CFA from Wells Fargo maintained a Hold rating on Whiting Petroleum Corporation (WLL). The company’s shares closed last Thursday at $18.31.
According to TipRanks.com, CFA is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.3% and a 36.7% success rate. CFA covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Northern Oil And Gas, and Matador Resources.
Currently, the analyst consensus on Whiting Petroleum Corporation is a Moderate Buy with an average price target of $27.20.
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The company has a one-year high of $11.85 and a one-year low of $0.25. Currently, Whiting Petroleum Corporation has an average volume of 779.4K.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WLL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Whiting Petroleum Corp is a US-based independent oil and gas company. It is engaged in the development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It explores the production of crude oil, natural gas liquids, and natural gas. The operations of the company are principally carried out in the United States. It derives the revenue from the sales of oil, natural gas liquids, and natural gas.
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