Oasis Petroleum Inc. (NYSE:OAS) Under Analyst Spotlight

Evrard Martin
Juillet 15, 2017

(NYSE:OAS) or 1.11 million shares. First Tru Advisors L P has invested 0.01% in Oasis Petroleum Inc. The stock recovered 31.02% since its low point and has performed 0.22% year-to-date. See Oasis Petroleum Inc. The company might have reported better than expected (consensus) earnings results. Equities research analysts predict that Oasis Petroleum Inc. will post ($0.09) earnings per share for the current year. For the next fiscal year, analysts anticipate that the firm will report sales of $1.45 billion per share, with estimates ranging from $958.20 million to $1.58 billion. Oasis Petroleum Inc. (NYSE:OAS) has risen 26.53% since July 14, 2016 and is uptrending. The energy producer reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.02.

While having a peek at profitability ratios Oasis Petroleum Inc (NYSE:OAS) has trailing twelve month gross margin at 68.4%, its trailing twelve month operating margin stands at -4.4% whereas its trailing twelve month net profit margin spots at -18%. The business had revenue of $285.10 million during the quarter, compared to analyst estimates of $252.72 million. During the same quarter in the prior year, the company earned ($0.18) EPS. The firm's revenue for the quarter was up 119.3% compared to the same quarter previous year. Seaport Global Securities upgraded shares of Oasis Petroleum from a "neutral" rating to a "buy" rating in a research report on Friday, March 31st.

According to WSJ three month ago research; the Company remained on "Buy" beliefs from 23. BMO Capital Markets set a $11.00 target price on shares of Oasis Petroleum and gave the stock a "buy" rating in a research report on Monday, June 26th. Royal Bank Of Canada reiterated a "buy" rating and set a $19.00 target price on shares of Oasis Petroleum in a research report on Friday, March 31st. Also, the current price highlights a discount of 136.32% to analysts' high consensus price target.

Oasis Petroleum Inc. (NYSE:OAS) may have great momentum, but how has it been performing relative to the market? This trading sentiment put the stock on Most Active spotlight. The share price has moved backward from its 20 days moving average, trading at a distance of -1.13% and stays -18.99% away from its 50 days moving average. Oasis Petroleum Inc. has a 12 month low of $6.56 and a 12 month high of $17.08. The company holds 246.97 million outstanding shares and 232.37 million shares are floating in market. 187,236 shares were sold by Nusz Thomas B, worth $1.78M on Wednesday, June 7. Following the transaction, the chairman now owns 1,469,546 shares in the company, valued at $13,960,687. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Blue Ridge Cap Limited Company invested in 1.31% or 6.87 million shares.

A number of large investors have recently made changes to their positions in the stock. MA bought a new position in shares of Oasis Petroleum during the second quarter worth $509,000. Stephens Inc. AR now owns 16,050 shares of the energy producer's stock valued at $229,000 after buying an additional 1,950 shares during the last quarter. UBS Oconnor LLC raised its position in shares of Oasis Petroleum by 81.2% in the first quarter. Atria Investments LLC now owns 17,075 shares of the energy producer's stock worth $243,000 after buying an additional 700 shares in the last quarter. GSA Capital Partners LLP boosted its stake in shares of Oasis Petroleum by 25.7% in the fourth quarter.

Peconic Partners LLC cut its stake in shares of Oasis Petroleum Inc. Finally, TPH Asset Management LLC raised its position in shares of Oasis Petroleum by 2.0% in the first quarter. Finally, First Mercantile Trust Co. increased its position in Oasis Petroleum by 17.5% in the first quarter. Hedge funds and other institutional investors own 98.38% of the company's stock.

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Oasis Petroleum Inc is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its segments include Exploration and Production, Well Services, and Midstream Services.

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