Several brokerages have updated their recommendations and price targets on shares of Oasis Petroleum (NYSE: OAS) in the last few weeks:

  • 8/29/2017 – Oasis Petroleum was given a new $13.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/24/2017 – Oasis Petroleum was given a new $14.00 price target on by analysts at Royal Bank Of Canada. They now have a “buy” rating on the stock.
  • 8/17/2017 – Oasis Petroleum was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/13/2017 – Oasis Petroleum was given a new $11.00 price target on by analysts at BMO Capital Markets. They now have a “buy” rating on the stock.
  • 8/7/2017 – Oasis Petroleum was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 8/3/2017 – Oasis Petroleum was given a new $13.00 price target on by analysts at Williams Capital. They now have a “buy” rating on the stock.
  • 8/2/2017 – Oasis Petroleum was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Oasis Petroleum Inc. is an independent exploration and production company focused on the acquisition and development of oil and natural gas resources. The Company is currently focused on exploiting resource potential from the Bakken and Three Forks formations, which are present across a substantial majority of its acreage. Oasis Petroleum Inc. is based in Houston, Texas. “
  • 7/31/2017 – Oasis Petroleum was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 7/28/2017 – Oasis Petroleum was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 7/21/2017 – Oasis Petroleum had its price target lowered by analysts at Citigroup Inc. from $13.00 to $12.00. They now have a “buy” rating on the stock.
  • 7/20/2017 – Oasis Petroleum had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $14.00 price target on the stock.
  • 7/19/2017 – Oasis Petroleum is now covered by analysts at Bank of America Corporation. They set a “neutral” rating and a $9.00 price target on the stock.
  • 7/19/2017 – Oasis Petroleum was given a new $10.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 7/18/2017 – Oasis Petroleum was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Oasis Petroleum Inc. is an independent exploration and production company focused on the acquisition and development of oil and natural gas resources. The Company is currently focused on exploiting resource potential from the Bakken and Three Forks formations, which are present across a substantial majority of its acreage. Oasis Petroleum Inc. is based in Houston, Texas. “
  • 7/18/2017 – Oasis Petroleum was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $11.00 price target on the stock, down previously from $18.00.
  • 7/18/2017 – Oasis Petroleum was upgraded by analysts at Williams Capital from a “hold” rating to a “buy” rating. They now have a $13.00 price target on the stock, up previously from $12.00.
  • 7/18/2017 – Oasis Petroleum was upgraded by analysts at William Blair from a “hold” rating to a “buy” rating.
  • 7/13/2017 – Oasis Petroleum had its price target lowered by analysts at Citigroup Inc. from $16.00 to $13.00. They now have a “buy” rating on the stock.
  • 7/10/2017 – Oasis Petroleum was given a new $14.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 7/6/2017 – Oasis Petroleum had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $17.00 price target on the stock.

Oasis Petroleum Inc. (NYSE:OAS) traded up 3.99% on Thursday, reaching $7.30. The company’s stock had a trading volume of 7,178,392 shares. The firm’s 50-day moving average price is $7.64 and its 200-day moving average price is $10.76. The stock’s market cap is $1.73 billion. Oasis Petroleum Inc. has a 52-week low of $6.90 and a 52-week high of $17.08.

Oasis Petroleum (NYSE:OAS) last posted its quarterly earnings data on Wednesday, August 2nd. The energy producer reported ($0.05) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.01. Oasis Petroleum had a negative return on equity of 2.43% and a negative net margin of 5.16%. The firm had revenue of $254.10 million during the quarter, compared to analyst estimates of $255.41 million. During the same period last year, the company posted ($0.11) EPS. The business’s quarterly revenue was up 42.0% on a year-over-year basis. On average, equities analysts expect that Oasis Petroleum Inc. will post ($0.13) earnings per share for the current year.

In other news, Chairman Thomas B. Nusz sold 187,236 shares of Oasis Petroleum stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $9.50, for a total value of $1,778,742.00. Following the completion of the transaction, the chairman now directly owns 1,469,546 shares of the company’s stock, valued at approximately $13,960,687. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Taylor L. Reid sold 50,000 shares of Oasis Petroleum stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $7.82, for a total value of $391,000.00. Following the completion of the transaction, the insider now directly owns 1,175,727 shares of the company’s stock, valued at $9,194,185.14. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.

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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