Oasis Petroleum Inc. (NYSE:OAS) has received an average rating of “Hold” from the twenty-eight ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $12.20.

A number of analysts recently commented on the company. KeyCorp reaffirmed an “overweight” rating on shares of Oasis Petroleum in a research note on Wednesday, November 8th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $13.00 price objective (up previously from $12.00) on shares of Oasis Petroleum in a research note on Thursday, November 9th. Cowen reaffirmed a “buy” rating and set a $12.00 price objective on shares of Oasis Petroleum in a research note on Friday, November 10th. Mizuho set a $11.00 price objective on Oasis Petroleum and gave the company a “hold” rating in a research note on Saturday, November 25th. Finally, SunTrust Banks lowered Oasis Petroleum from a “buy” rating to a “hold” rating and set a $11.00 price objective on the stock. in a research note on Tuesday, December 12th.

A number of large investors have recently modified their holdings of the business. Amalgamated Bank boosted its stake in Oasis Petroleum by 1.1% in the 2nd quarter. Amalgamated Bank now owns 29,623 shares of the energy producer’s stock worth $238,000 after buying an additional 323 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in Oasis Petroleum by 5.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,664 shares of the energy producer’s stock worth $166,000 after buying an additional 1,089 shares during the last quarter. Energy Opportunities Capital Management LLC boosted its stake in Oasis Petroleum by 2.8% in the 2nd quarter. Energy Opportunities Capital Management LLC now owns 75,808 shares of the energy producer’s stock worth $610,000 after buying an additional 2,062 shares during the last quarter. Advisory Services Network LLC boosted its stake in Oasis Petroleum by 14.1% in the 2nd quarter. Advisory Services Network LLC now owns 19,400 shares of the energy producer’s stock worth $156,000 after buying an additional 2,400 shares during the last quarter. Finally, Hancock Holding Co. boosted its stake in Oasis Petroleum by 0.4% in the 2nd quarter. Hancock Holding Co. now owns 687,676 shares of the energy producer’s stock worth $5,536,000 after buying an additional 2,434 shares during the last quarter. 82.75% of the stock is currently owned by hedge funds and other institutional investors.

Oasis Petroleum (OAS) traded down $0.07 on Monday, hitting $9.27. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 0.77. The company has a market cap of $2,200.00, a P/E ratio of -35.65 and a beta of 2.33. Oasis Petroleum has a 1-year low of $6.69 and a 1-year high of $15.27.

Oasis Petroleum (NYSE:OAS) last posted its quarterly earnings data on Tuesday, November 7th. The energy producer reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $304.70 million for the quarter, compared to analyst estimates of $264.72 million. Oasis Petroleum had a negative return on equity of 1.29% and a negative net margin of 5.23%. The business’s revenue for the quarter was up 71.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.19) earnings per share. equities analysts expect that Oasis Petroleum will post -0.06 EPS for the current fiscal year.

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About Oasis Petroleum

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.

Analyst Recommendations for Oasis Petroleum (NYSE:OAS)

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