WLL EPS and Price Target Estimated Raised

Whiting Petroleum Corporation WLL has had its EPS estimates and price target after WLL's 2Q reports showing higher production growth and lower assumed DD&A and raises its NAV from $112 to $115 to account for additional Bakken and Niobara acreage. Pritchard has raised its price target to WLL to $104 from $96, which is a 6.3x multiple on 2010 CFPS, and reiterates its "buy" rating. Whiting Petroleum Corporation closed yesterday at $87.18.