Economy

Quarterly Financial Review of Oasis Petroleum Inc. (NYSE:OAS)

(NYSE:OAS) in a research report report published on Friday morning. The stock has returned -3.36% weekly, which was maintained at -1.61% in the 1-month period.

On a similar note, analysts expect EPS of $0.44 in September 2017 quarter and $0.3 in December 2017 quarter, representing 62.96% and -33.33% growth, respectively. Air Canada had 50 analyst reports since August 13, 2015 according to SRatingsIntel. Citigroup Inc. lowered their target price on shares of Oasis Petroleum from $13.00 to $12.00 and set a buy rating on the stock in a research report on Friday, July 21st. William Blair upgraded shares of Oasis Petroleum from a hold rating to a buy rating in a research report on Tuesday, July 18th. In the most recent session, the stock price hovered around $0.20 (2.40%) between intraday high and intraday low. It is used to find out the best value stocks, 9 being the best. Finally, Stifel Nicolaus restated a hold rating and set a $11.00 target price on shares of Oasis Petroleum in a research report on Sunday, September 3rd.

General Motors Company was covered by a number of analysts recently, 9 rated the stock as Buy, 12 rated Outperform, 11 rated Hold, 0 gave an Underperform and 0 rated sell. The stock has "Outperform" rating by IBC on Thursday, August 13.

Shares of Oasis Petroleum (NYSE OAS) opened at 8.55 on Thursday. For the current year the company's revenue estimates are $1.09 Billion compared to low analyst estimates of $947 Million and high estimates of $1.26 Billion according to 17 number of analysts. The stock's market cap is $2.02 billion. The energy producer reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.01. Oasis Petroleum had a negative net margin of 27.57% and a negative return on equity of 2.98%. During the same period in the previous year, the business posted ($0.11) earnings per share.

5 year sales growth rate is an important factor for valuation analysis, the sector's growth for next 5 years ticked at -3.02 and -8.56 respectively. The company's quarterly EPS surprised Wall Street by as much as 76% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Analysts await Oasis Petroleum Inc. RBC Capital Markets maintained it with "Top Pick" rating and $18 target in Tuesday, November 8 report. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark laws. The original version of this article can be viewed at https://www.truebluetribune.com/2017/10/25/oasis-petroleum-inc-oas-given-a-11-00-price-target-at-bmo-capital-markets.html. Silvercrest Asset Management Group Llc owns 4.71 million shares or 1.63% of their United States portfolio. "Separately, Executive VP and CFO Lou Michael H Sell 15000 shares of the company at a price of $8.77 on 2017-09-22". Following the sale, the insider now directly owns 1,175,727 shares of the company's stock, valued at approximately $9,194,185.14. At the time of writing, shares were trading -3.94% away from the 20-days simple moving average and 5.25% away from the 200-days simple moving average.

OAS's average Beneish M-Score: -1.77 during the last 7 years.

In related news, insider Taylor L. Reid sold 50,000 shares of Oasis Petroleum stock in a transaction that occurred on Friday, August 4th. The disclosure for this sale can be found here. The percentage of shares being held by the company management was 1.3% while institutional stake was 95.8%. Corporate insiders own 1.90% of the company's stock.

Tph Asset Management Llc, which manages about $865.56 million and $893.01M US Long portfolio, upped its stake in Kinder Morgan Inc Del (NYSE:KMI) by 289,061 shares to 1.98 million shares, valued at $37.88M in 2017Q2, according to the filing. MA purchased a new position in shares of Oasis Petroleum during the second quarter valued at approximately $509,000. Westpac Banking Corp now owns 462,423 shares of the energy producer's stock valued at $3,723,000 after buying an additional 64,023 shares during the period. Teacher Retirement System of Texas grew its stake in Oasis Petroleum by 2.9% in the first quarter. Caymus Capital Partners L.P. now owns 6,239,600 shares of the energy producer's stock valued at $50,229,000 after buying an additional 2,086,400 shares during the last quarter. It turned negative, as 43 investors sold Oasis Petroleum Inc. shares while 66 reduced holdings.

Oasis Petroleum Inc.is an independent exploration and production company focused on the acquisition and development of oil and natural gas resources. The Company's divisions include Exploration and Production, Well Services, and Midstream Services.



Like this

loading...
loading...

Latest


26 October 2017
Leicester City appoint Puel as Shakespeare successor
He also guided them to the League Cup final where they lost 3-2 to Manchester United. Leicester confirmed that Appleton will retain his position as assistant manager.

26 October 2017
Apache Corporation (NYSE:APA) Undervalued by 17.5%
Finally, Envestnet Asset Management Inc. increased its stake in shares of Apache Corporation by 43.6% in the first quarter. Moreover, Evercore Wealth Management Limited Liability Corporation has 0.01% invested in Apache Corporation (NYSE: APA ).

26 October 2017
Rick Scott, Bill Nelson Tied in New 2018 Senate Poll
In the new poll, Scott is ahead with 44 percent of voters outside the major parties while Nelson takes 40 percent of these voters. The statewide survey was conducted by phone October 17-19, using quotas assigned to reflect voter turnout by county.

26 October 2017
Anti-overdose drug available without prescription at Walgreens
Almost 2500 people affected due to over consumption of opioid had died in Pennsylvania during 2014. Rachel Levine issued a standing order to make the Narcan easily available in Pennsylvania.

26 October 2017
Bubba Wallace to race full-time for Richard Petty Motorsports in 2018
Wallace has six wins in the Truck Series , including a win in his only start in 2017. Wallace advanced to the Camping World Truck Series in 2013 and won in his 19th start.

26 October 2017
Squad named; no Walters but O'Neill hopeful
Striker Jonathan Walters could yet have a part to play in the Republic of Ireland's World Cup play-off against Denmark.

26 October 2017
U.S. offshore wind momentum sparks competition among state leaders & businesses
NY lieutenant governor Kathy Hochul said the state intends to become the "pre-eminent global hub" for the industry. Norwegian company Statoil has named a renewable wind energy project off the NY coast "Empire Wind".

26 October 2017
New Jersey State Trooper steps in to save choking man at restaurant
Besides a sore throat and sore ribs, the man was okay and made a full recovery after the episode all thanks to the quick actions of Trooper Palaia.

26 October 2017
November 2017 Games with Gold announced
As always, these games are only "free" if you have an active Xbox Live Games with Gold subscription. Take a look at the Xbox Live Games With Gold November 2017 line-up.

26 October 2017
Lindsey Graham to testify at Senate corruption trial
Booker, who has been friends with Menendez since being elected to the Senate four years ago, said he supports his "good fight". Around the same time, a Republican state senator from New Jersey said he had passed on similar information to the U.S.