Stocks Trapped in Bearish Claws: Whiting Petroleum (NYSE:WLL), Northern Dynasty Minerals (NYSE:NAK)

Whiting Petroleum Corporation (NYSE:WLL) persists its position slightly strong in context of buying side, while shares price raised 0.73% during latest trading session. Whiting Petroleum Corporation (WLL) recently reported that it closed the previously reported sale of its 50 percent interest in its Robinson Lake natural gas processing plant and associated natural gas gathering system located in Mountrail County, North Dakota and its 50 percent interest in its Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems located in Stark, Billings and Dunn Counties, North Dakota. The all cash purchase price was $375 million, subject to closing and post-closing adjustments.

Narrow down focus to other ratios, the co has current ratio of 0.70 that indicates if WLL lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.70, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.89, sometimes its remain same with long term debt to equity ratio.

Northern Dynasty Minerals Ltd. (NYSE:NAK) also run on active notice, stock price shows upbeat performance surged 1.96% after traded at $2.08 in most recent trading session.

NAK price to current year EPS stands at 29.90%. Moving toward ratio analysis, it has current ratio of 6.30 and quick ratio was calculated as 6.30. The debt to equity ratio appeared as 0.01 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 9.17% for a week and 11.91% for a month. The price volatility’s Average True Range for 14 days was 0.20. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.00 out of 1-5 scale with week’s performance of -1.45%. NAK’s institutional ownership was registered as 17.90%, while insider ownership was 37.40%.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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