Whiting Petroleum (WLL) in Focus: Stock Moves 9.6% Higher

Zacks

Whiting Petroleum Corporation WLL was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 48.9% in the past one-month time frame.

The company has seen seven positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Whiting Petroleum. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Whiting Petroleum currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better-ranked stock in the Oil and Gas – Exploration and Production – United States industry is Antero Resources Corporation AR, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is WLL going up? Or down? Predict to see what others think: Up or Down

Zacks Editor-in-Chief Goes "All In" on This Stock

Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

Download it free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research

Be the first to comment

Leave a Reply