What to Expect for Whiting Petroleum’s Stock in the Next Week


Jul. 10 2017, Published 3:32 p.m. ET

Whiting Petroleum’s implied volatility

As of July 7, 2017, Whiting Petroleum (WLL) had an implied volatility of ~85%, which is 6% higher than its 15-day average of 80.3%.

Article continues below advertisement

WLL’s stock price forecast using implied volatility

Based on WLL’s implied volatility and assuming a normal distribution of stock prices with a standard deviation of one, Whiting Petroleum’s stock will likely close between $4.40 and $5.56 in the next seven days. As per our assumptions, the stock is likely to stay in this range ~68% of the time.

Implied volatilities of WLL’s peers

In comparison, Whiting’s peers Oasis Petroleum (OAS) and Concho Resources (CXO) have implied volatilities of ~68% and ~31%, respectively. The Energy Select Sector SPDR ETF (XLE), in contrast, has implied volatility of ~18.5%.

Implied volatility is a forward-looking estimation of a stock’s volatility. Implied volatility usually increases in a bearish market and decreases in a bullish market.

Next, we’ll look at analysts’ opinions on Whiting Petroleum for the next 12 months.


More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.