Under Analysts' Radar: Oasis Petroleum Inc (NYSE:OAS)

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25 May, 2017

(NYSE:OAS) on their watchlists might want to take into consideration the Gross Margin Score of the firm. The high-yield issue of debt has a 6.875% coupon and will mature on March 15, 2022. The energy producer reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02.

OAS has been the subject of several recent analyst reports. At the time of writing, Shares the company recently traded 5.83% away 52-week low and noted price movement -99.69% away from the 52-week high level.

Oasis Petroleum Inc. (NYSE:OAS) performance over the past one year soared 19.50% whereas its year to date (YTD) performance indicated a bearish trend of -23.91%. (NYSE:OAS) will report earnings per share of $-0.04 in their quarterly report and it is expected to announce the company's results on 8/2/17. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $26.33 on company stock. If the company has a ratings score of 1, this would represent a Strong Buy. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company's stock.

Shares of Oasis Petroleum Inc.

A number of institutional investors have recently bought and sold shares of OAS. Given that its average daily volume over the 30 days has been 8.78 million shares a day, this signifies a pretty significant change over the norm. Looking out over the past year, company shares have been recorded -34.84% off the 52 week high and 69.66% away from the low over the same period. Uptrending stocks trade above their moving averages, while downtrending stocks trade below. Royal National Bank & Trust Of Canada invested in 169,291 shares or 0% of the stock. (OAS) produced 486.64 Million profit. SunTrust Banks also issued estimates for Oasis Petroleum's FY2018 earnings at $0.36 EPS. The analysts estimated sales for the higher end at 309.94 million and lower end at 243.89 million while the year ago reported sale was 195.99 million. Oasis Petroleum had a negative net margin of 27.57% and a negative return on equity of 2.98%. Similarly, the Return on Invested Capital Quality ratio is a tool in evaluating the quality of a company's ROIC over the course of five years.

Analysts on average have given a price target of $17.14 to Oasis Petroleum Inc. Oasis Petroleum earned a news impact score of 0.15 on AlphaOne's scale. The shares were purchased at an average price of $14.05 per share, with a total value of $210,750.00. Following the purchase, the director now directly owns 44,100 shares of the company's stock, valued at approximately $619,605. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The company was maintained on Wednesday, November 4 by RBC Capital Markets. Institutional investors and hedge funds own 78.29% of the company's stock. The stock went down -16.06% at some stage in past quarter. In this case, shares are down -32.55% from $17.08, the 52-week high touched on December 12, 2016, and are keeping their losses at 19.5% for the past 12 months. Teacher Retirement System of Texas raised its stake in shares of Oasis Petroleum by 2.9% in the first quarter. Finally, DekaBank Deutsche Girozentrale raised its position in Oasis Petroleum by 14.8% in the first quarter. Dimensional Fund Advisors LP now owns 19,887,696 shares of the energy producer's stock worth $283,596,000 after buying an additional 249,264 shares during the last quarter.

The target price for Oasis Petroleum Inc.

WARNING: This article was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of USA & global copyright & trademark law. Goldman Sachs upgraded Oasis Petroleum Inc. The Firm 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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