Economy

Oasis Petroleum Inc. (NYSE:OAS): Are Traders Shorting This Stock?

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Oasis Petroleum Inc. For the quarter, shares have been noted at -6.53%.

These funds have shifted positions in (OAS). Kennedy Capital Management Inc. grew its stake in shares of Oasis Petroleum by 108.8% during the second quarter. William Blair Investment Management, LLC owns 1,579,190 shares worth $12,712,000. Finally, Raymond James Financial Services Advisors Inc. increased its position in Oasis Petroleum by 374.7% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 28,198 shares of the energy producer's stock valued at $227,000 after acquiring an additional 7,445 shares in the last quarter. The institutional investor owned 34,900 shares of the company's stock after selling 54,900 shares during the period. Westpac Banking Corp boosted its stake in Oasis Petroleum by 16.1% in the second quarter. This trading sentiment put the stock on Active spotlight. Finally, Swiss National Bank boosted its stake in Oasis Petroleum by 2.1% in the second quarter. Bank of America Corporation raised Oasis Petroleum from a "neutral" rating to a "buy" rating in a research report on Monday, October 24th. However, the institutional investors are observed to own 95.80% of the total shares.

In related news, insider Taylor L. Reid sold 50,000 shares of the business's stock in a transaction that occurred on Friday, August 4th. GMT Capital Corp now owns 2,171,300 shares of the company's stock valued at $24,905,000 after buying an additional 1,598,500 shares in the last quarter. Following the completion of the sale, the chairman now owns 1,469,546 shares of the company's stock, valued at $13,960,687. Caldwell & Orkin Inc.'s holdings in Oasis Petroleum were worth $528,000 at the end of the most recent quarter. "(OAS) PT Set at $13.00 by Jefferies Group LLC" was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright law.

06/21/2017 - Oasis Petroleum Inc. was downgraded to "neutral" by analysts at Seaport Global Securities.

These firms have modified their investment in OAS. BidaskClub cut shares of Oasis Petroleum from a "sell" rating to a "strong sell" rating in a research note on Wednesday, June 21st. Dimensional Fund Advisors LP increased its position in Oasis Petroleum by 81.5% in the fourth quarter. Jefferies Group also issued estimates for Oasis Petroleum's Q3 2017 earnings at ($0.03) EPS, Q4 2017 earnings at $0.00 EPS, FY2017 earnings at ($0.13) EPS, Q1 2018 earnings at $0.01 EPS, Q2 2018 earnings at $0.01 EPS, Q3 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.05 EPS and FY2018 earnings at $0.12 EPS.

On July 21 Citigroup kept the stock rating at "Buy" but lowered the price expectation from $13.00 to $12.00. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock.

July 13 investment analysts at Citigroup held the company rating at "Buy" and moved down the price target to $13.00 from $14.00.

Shares of Oasis Petroleum Inc. (NYSE:OAS) was up +1.23% during the last trading session, with a day high of 8.64. The value of the total investment in Oasis Petroleum Inc. went from $563,000 to $966,000 a change of 71.6% for the reporting period.

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Oasis Petroleum (NYSE:OAS) last released its earnings results on Wednesday, August 2nd.

In the last earnings report the EPS was $-0.22 and is expected to be $-0.14 for the current year with 237,415,000 shares outstanding. Oasis Petroleum had a negative return on equity of 2.43% and a negative net margin of 5.16%. The company had revenue of $254.10 million for the quarter, compared to analyst estimates of $255.41 million. Next quarter's EPS is forecasted at $-0.03 and the next full year EPS is anticipated to be $-0.03. Oasis Petroleum's revenue was up 42.0% compared to the same quarter past year.

Over the past 50 days, Oasis Petroleum Inc. stock's -2.01% off of the high and 23.62% removed from the low.



Like this

loading...
loading...

Latest


15 September 2017
Fayose: no apology for adopting my deputy
If you conduct an opinion poll today, that does not favour us because of the actions and inactions of this government. But responding to the allegation, Fayose said he would not engage in pettiness and respond to unproductive issues.

15 September 2017
Up-to-date Analyst's Assessments: The Coca-Cola Company (KO), Eli Lilly and Company (LLY)
More interesting news about Eli Lilly and Co (NYSE: LLY ) were released by: Streetinsider.com and their article: "Eli Lilly & Co". After a recent check, Xcel Energy Inc's 14-day RSI is now at 49.89, the 7-day stands at 38.48, and the 3-day is sitting at 22.17.

15 September 2017
Lawmakers React to Potential Deal Between Trump and Democrats Over DACA
Schumer told a colleague that he told Trump that "you're much better off if you can sometimes step right and sometimes step left". Schumer and Pelosi reiterated their opposition to the wall, and Democrats in the past have promised to block funding for it.

15 September 2017
Bette Midler falls on stage, keeps performing
The incident occurred moments before Midler was about to belt out Hello, Dolly!'s Act I closer "Before the Parade Passes By". Stagehands at the Shubert Theatre rushed from the wings to help Midler to her feet and escorted her off stage.

15 September 2017
Air Products and Chemicals, Inc. (NYSE:APD) Holdings Boosted by Motco
Finally, Hudock Capital Group LLC increased its position in Air Products and Chemicals by 0.4% in the second quarter. The stock of Tidewater Inc. (NYSE:TDW) earned "Sector Perform" rating by Iberia Capital Partners on Friday, May 27.

15 September 2017
Hunger on rise, affects 11% of world (2)
The report also noted a rise in the number of people, globally, who are chronically hungry, from 10.6% in 2015 to 11% in 2016. A worrying trend is the rise of child obesity, with an estimated 41 million children around the world now overweight.

15 September 2017
Vantiv, Inc. (VNTV) Research Coverage Started at Bank of America Corporation
Perhaps, that suggests something about why 46.75% of the outstanding share supply is held by institutional investors. Vantiv, Inc. (NYSE:VNTV) closed September 14 at $72.15, down -1.35% or $0.99 from its record high price of $73.14.

15 September 2017
Oppenheimer Asset Management Inc. Grows Stake in Workday, Inc. (WDAY)
The total amount of shares outstanding is 211.70 million, giving the company a market capitalization of about 22.65 billion. Considering that the stock daily volume of 5.55 million shares, this represents a pretty noteworthy shoot in volume.

15 September 2017
Humane Society taking in SC shelter animals following Irma
The Coulee Region Humane Society says these kinds of transfers would not be possible without the community's love for animals. - Dozens of dogs displaced by Hurricane Irma are now looking for new homes in metro-Detroit.

15 September 2017
Bombardier to cut 95 Belfast jobs
In February past year the aerospace firm announced it was to shed more than 1,000 jobs from its Northern Ireland operations. That was in response to severe financial pressure as cost overruns on its new CSeries jet drained cash out of the company.