Can Whiting Petroleum (WLL) Pull A Surprise In Q3 Earnings?
Zacks Investment Research | Oct 24, 2016 06:15AM ET
Domestic oil and gas explorer Whiting Petroleum Corp. (NYSE:WLL) is set to release third-quarter 2016 results after the closing bell on Wednesday, Oct 26.
What Investors Need to Know
The company’s stock performance has been pretty exciting lately. Shares have recovered nicely from its rough start to 2016 when oil prices fell to a 12-year low.
In fact, Whiting Petroleum ran up 10% in the past month thanks to commitments by OPEC and non-OPEC players to slash production targets. But this report will be a test to see if this trend continues heading into 2017. Fortunately for investors, the stock finds itself in a solid industry rank position – in the top 32% overall.
However, there are some questions for Whiting Petroleum too. It has an 'F' for its Zacks Investment Research
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