High stakes for Whiting Petroleum

The US-based energy company is one of the most leveraged plays on the oil price.

While the majority of our international shares recommendations are trading nicely above their initiation price, at $US35 Whiting is substantially below its ‘price at call’ of $US83.80. Also, its original target price is a bit unrealistic at $US131 in a world of $US50 per barrel of oil.


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