Whiting Petroleum Corp. (WLL) was a big mover last session, as the company saw its shares rise by nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $77.87 to $81.67 in the past one-month time frame.
The company has seen 5 positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, 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 yesterday’s jump can turn into more strength down the road.
Whiting Petroleum Corp. currently has a Zacks Rank #2 (Buy) with a positive Earnings ESP.
Some other stocks worth considering in the oil and gas industry include Callon Petroleum Company (CPE), EXCO Resources Inc. (XCO) and Midstates Petroleum Company, Inc. (MPO). Each of these stocks sports a Zacks Rank #1.
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