Whiting Petroleum Corporation (WLL) Insiders Have A Mixed Trading Record

The insider sell/buy ratio of Whiting Petroleum Corporation (NYSE:WLL) is recorded at 1.39, pointing to bearish feelings about the stock among corporate executives and directors. WLL recorded 19 sales on the open market in the last three months. They sold nearly 67,944 shares while purchases amounted to 48,898 shares that period. Looking even further back to 12 months, corporate insiders offloaded 132,276 shares when buyers snapped up 67,949 shares. The 12-month’s totals signify about a 1.95-to-1 sell/buy ratio.

The 12-month median price target for Whiting Petroleum Corporation (WLL) assigned by the analysts stands at $35.5, which represents a return potential of 40.82 percent when compared to the closing price of the stock of $25.21 on Thursday, March 14. The lowest price target for the stock is $20 — slightly more than -20.67 percent from WLL’s current share price. The stock will probably climb 53.35 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $60-month high price target. This represents a whopping 138 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 46.04 on daily chart, which may remain a cause for concern. If the price breaks below $24.38 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $25.8 mark may result into a pull-back move towards $26.4 level. The stock is currently hovering around the first support level of $24.79. Below this, the next support is placed in the zone of $24.38. Till the time, the WLL stock trades above this level, bulls have nothing to fear.

Shares of Whiting Petroleum Corporation (WLL) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry WLL operates in has an average P/E of 14.33. Its P/E ratio went as low as 12.46X and as high as 62.39 over the 5-year span. Further, it is sporting a 1.17 on the Price-to-Sales ratio. Compare this with the industry average P/S of 99.88. 84 percent is the gross profit margin for Whiting Petroleum Corporation and operating margin sits at 25.8 percent. Along with this, the net profit margin is 16.5 percent.

On 14th of March, Whiting Petroleum Corporation (NYSE:WLL) shares ended lower after a volatile session. The shares dropped -0.31 points or -1.21 percent at $25.21 with a heavy trade volume of 5.809 million shares. After opening the session at $25.48, the shares went as high as $25.98 and as low as $24.97, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $2.43 billion and now has 96.57 million shares outstanding. Whiting Petroleum Corporation (WLL) stock has lost -7.49 percent of market value in 21 trading days.

WLL stock has a trailing 3-year beta of 2.95, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $3.73 a share in the trailing twelve months. The stock’s value has surged 11.11 percent year to date (YTD) against a decline of -17.07 percent in 12 month’s time. The company’s shares still trade -55.36 percent away from its 1-year high of $56.47 and 37.23 percent up from 52-week low of $18.37. The average consensus rating on the company is 2.2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.