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Whiting Petroleum (WLL) NewsBite - Higher Oil Boosts WLL

Nov 02, 2009 (Fresh Brewed Media via COMTEX) --

Company: Willamette Industries, Inc. (WLL)

Whiting Petroleum (NYSE: WLL) opened at $57.00. So far today, the stock has hit a low of $57.00 and a high of $59.84. WLL is now trading at $58.18, up $1.78 (3.16%). Over the last 52 weeks the stock has ranged from a low of $19.26 to a high of $65.05. WLL shares are on the move with other oil stocks, helped by rising oil futures. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for WLL. If you are looking for a hedged play on WLL the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 50 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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News Provided by COMTEX

Company: Willamette Industries, Inc. (WLL)


Related terms: futures, nyse, oil, petroleum, S&P

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