What Are Analysts’ Views on Whiting Petroleum Stock?

Of the analysts covering Whiting Petroleum (WLL) stock, 36.4% recommend “buy,” 45.5% recommend “hold,” and 12% have rated it as “underperform.” Their target price of $55.18 implies an 11.14% return over the next 12 months. In comparison, analysts’ target prices for Concho Resources (CXO), Anadarko Petroleum (APC), and Apache (APA) imply 26.54%, 19.47%, and ~7.69% returns over the next 12 months, respectively.

Analysts’ highest target price for Whiting Petroleum stock is $75, and their lowest is $31. On May 23, Morgan Stanley upgraded WLL stock from “equal weight” to “overweight.” It also upgraded Oasis Petroleum (OAS) from “equal weight” to “overweight” that day. On April 20, Morgan Stanley upgraded Whiting Petroleum stock from “underweight” to “equal weight.”