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What Are Analysts’ Recommendations for Whiting Petroleum?

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Nov. 20 2020, Updated 4:08 p.m. ET

Analysts’ recommendations

After Whiting Petroleum’s (WLL) 4Q15 earnings, Wall Street analysts updated their target prices for the company for the next 12 months.

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Consensus rating for Whiting Petroleum

Approximately 51% of the analysts rated Whiting Petroleum a “buy,” ~44% rated it a “hold,” and ~5% rated it a “sell.” The average broker target price of $13.10 for Whiting Petroleum implies a return of around 250% over the next 12 months. Upstream peers including Newfield Exploration (NFX), Rice Energy (RICE), and Oasis Petroleum (OAS) have average broker target prices of $37.33, $16.07, and $7.60, respectively. These figures imply returns of ~59%, ~83%, and ~68%, respectively, in the next 12 months.

The high, low, and median analyst target prices for Whiting Petroleum are $37, $4, and $11, respectively.

Whiting Petroleum is part of the Vanguard Energy ETF (VDE). VDE invests ~0.24% of its portfolio in the company.

Analysts’ target prices 

RBC Capital Markets gave Whiting Petroleum one of the most optimistic target prices of $14. This implies returns of ~276% in the next 12 months.

BMO Capital Markets also gave Whiting Petroleum an optimistic target price of $13. This implies returns of ~249% in the next 12 months.

Barclays (BCS) gave Whiting Petroleum a lower target price of $10. This implies returns of ~169% in the next 12 months.

Morgan Stanley (MS) and UBS (OUBS) gave the lowest targets. They gave Whiting Petroleum a target price of $4 each. This still implies returns of ~7.5% over the next year.

For the latest updates on the energy sector, visit Market Realist’s Energy and Power page.

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