Is Whiting Petroleum Corporation (WLL) a Profitable Addition to Your Portfolio?

Hagist Peter, Senior Vice President, subtracted 4,654 shares of Whiting Petroleum Corporation (WLL) from its portfolio at the rate of $25.19 per share valuing $117,234 on Mar 15. The insider left behind 0 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $8.52, with a 2nd Resistance Point sitting at $9.12. Meanwhile, this company’s stock has a 1st Support Level at $7.49 and a 2nd Support Level at $7.06. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Whiting Petroleum Corporation (WLL) was $7.93. Whiting Petroleum Corporation (WLL) stock has gained $1.13, or 16.62%, in the past five days. In the last full month, these shares have lost -$1.42, or -15.19%. In the past three months, this stock’s price has fallen by -$9.49, or -54.48%. This year-to-date, Whiting Petroleum Corporation (WLL) shares have lost -$14.76, or -65.05%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Whiting Petroleum Corporation (WLL) stock, 50% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 91,299 K shares outstanding, this company currently has a market capitalization of $724,001K. Whiting Petroleum Corporation (WLL) generates $2,081 M in annual sales, amounting to annual net income of $342,490 K. This stock has generated a 1-Year Total Return of -83.46%, a 3-Year Total Return of -71.84%, and a 5-year Total Return of -97.53%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 06/19, Whiting Petroleum Corporation (WLL) reported earnings of -$0.28 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.24 per share, representing a -0.52 difference and -216.67% surprise. In the previous quarter ending in 03/19, the reported earnings of -$0.16 represented a -0.36 difference from the consensus estimate calling for $0.20 per share, which was a -180.00% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.07 per share. This estimate came from a total of 13 Wall Street Analysts. Of those market experts, the high estimate was $0.39 and the low estimate was -$0.32. In the year-ago quarter, Whiting Petroleum Corporation (WLL) generated per-share earnings of $0.92. If the analysts are correct about the current quarter’s earnings, the growth will be -92.39%.

Turning our focus now to insider trading activity, there have been 4 purchases (46,373 shares in total) and 1 sale (440 shares in total) in the last 3 months. In the last 6 months, there have been 10 insider buys amounting to 108,939 shares and 3 insider sales amounting to 5,440 shares. In the past full year, 18 insider purchases were made (involving 185,598 shares) and 33 insider sell-offs equivalent to 141,257 shares.

Moving onto liquidity, Whiting Petroleum Corporation (WLL) has a Current Ratio of 0.74, a Quick Ratio of 0.74 and a Cash Ratio of 0.03. Looking at this company’s capital structure, its Total Debt to Total Equity is 65.39, its Total Debt to Total Capital is 39.54, and its Total Debt to Total Assets is now 32.70. Looking even further ahead into the future, its Long-Term Debt to Equity is 2.97 and its Long-Term Debt to Total Capital is 65.39.