Whiting Petroleum (WLL) PT Lowered to $11.50 at Stifel Following 2Q
Tweet
Share
E-mail
Get Alerts WLL Hot Sheet
Price: $68.03 --0%
Rating Summary:
13 Buy, 28 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
13 Buy, 28 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Join SI Premium – FREE
Stifel lowered its price target on Whiting Petroleum (NYSE: WLL) to $11.50 (from $12.00) while maintaining a Buy rating. WLL reported 2Q17 EPS of $(0.18) compared to the consensus of ($0.20). EPS beat forecasts on DD&A.
In light of weak oil prices, WLL cut its 2017 capital plan 14% to $950 MM. The company now plans to drop two rigs, one in the Williston and one in the DJ, and run a four-rig program.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Emkay Global Starts Urban Company (URBANCO:IN) at Buy (1)
- Cummins (CMI) PT Lowered to $675 at Jefferies
- Kotak Upgrades Narayana Hrudayalaya Ltd (NARH:IN) to Buy (1)
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
StifelSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
