Wells Fargo (NYSE:WFC) analyst Thomas Hughes CFA maintained a Buy rating on Whiting Petroleum (NYSE:WLL) Corporation on Wednesday, setting a price target of $48, which is approximately 25.16% above the present share price of $38.35.
Hughes CFA expects Whiting Petroleum Corporation to post earnings per share (EPS) of -$0.02 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Whiting Petroleum Corporation, with an average price target of $44.5.
The analysts price targets range from a high of $48 to a low of $39.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $307.39 million and a net profit of $149.77 million. The company's market cap is $1.51 billion.
According to TipRanks.com, Wells Fargo analyst Thomas Hughes CFA is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 21.3% and a 53.70% success rate.
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.