On Tuesday, Shares of Whiting Petroleum Corp. (NYSE:WLL), gained 3.63% to $9.13, as analysts are optimistic about the oil and gas company’s future in 2016.

“Whiting’s liquidity position remains strong,” analysts said, according to Barron’s.com.

So far, the company has sold $400 million of assets and anticipates more non-core asset sales in the near term, the firm noted.

The company is in good shape given $3.6 billion of liquidity and no meaningful debt maturities until 2019.

Overall, the company is an “attractive takeover target,” analysts said.

Whiting Petroleum Corporation, an independent oil and gas company, acquires, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States.

Shares of Cabot Oil & Gas Corporation (NYSE:COG), inclined 2.67% to $17.70, during its last trading session, as oil prices surge.

Oil prices are higher ahead of the Energy Information Administration’s weekly crude oil inventory report on Wednesday, which is predictable to show a reduction in stockpiles, the Wall Street Journal reports.

Additionally, traders are betting on a rebound in oil prices, according to the Journal.

“When you get down around low levels-or common lows-[…] people look at those as targets and bid it back up,” Donald Morton, senior VP at Herbert J. Sims & Co., told the Journal.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with about 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with about 89,000 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale.

Finally, Raytheon Company (NYSE:RTN), ended its last trade with 0.14% gain, and closed at $126.41.

The passage in a report by the Pentagon’s inspector general looked like other contractor missteps captured by the watchdog office: It said a whistle-blower complaint to its hotline forced Raytheon Co. to pay $10.6 million to fix defective air-to-air missiles, according to Bloomberg.

This time, though, the inspector general had some explaining to do. It turns out Raytheon actually discovered the flaw in Amraam air-to-air missiles it produced for the Air Force and fixed it at its own expense.

“As a result there was no loss to the government and the investigation was closed,” Bridget Serchak, a spokeswoman for the inspector general, said in an e-mail. She said the mistake in the office’s latest semi-annual report to Congress recounting its accomplishments will be corrected through an “errata notice” in the next such report covering the period through March 30, 2016. Bloomberg Reports

Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS).