Whiting Petroleum Corporation , which is an independent oil and gas company, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on WLL’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Whiting Petroleum could be a solid choice for investors.
Current Quarter Estimates for WLL
In the past 30 days, three estimates have gone higher for Whiting Petroleum while one has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 1 cent a share 30 days ago, to earnings of 12 cents today.
Current Year Estimates for WLL
Meanwhile, Whiting Petroleum’s current year figures are also looking quite promising, with five estimates moving higher in the past month, compared to one lower. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 1 cent per share 30 days ago to earnings of 47 cents per share today.
Whiting Petroleum Corporation Price and Consensus
Bottom Line
The stock has also started to move higher lately, adding 22% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report now>>
Image: Bigstock
Can Whiting Petroleum (WLL) Run Higher on Strong Earnings Estimate Revisions?
Whiting Petroleum Corporation , which is an independent oil and gas company, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on WLL’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Whiting Petroleum could be a solid choice for investors.
Current Quarter Estimates for WLL
In the past 30 days, three estimates have gone higher for Whiting Petroleum while one has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 1 cent a share 30 days ago, to earnings of 12 cents today.
Current Year Estimates for WLL
Meanwhile, Whiting Petroleum’s current year figures are also looking quite promising, with five estimates moving higher in the past month, compared to one lower. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 1 cent per share 30 days ago to earnings of 47 cents per share today.
Whiting Petroleum Corporation Price and Consensus
Whiting Petroleum Corporation Price and Consensus | Whiting Petroleum Corporation Quote
Bottom Line
The stock has also started to move higher lately, adding 22% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report now>>