Oasis Petroleum Inc. has a 1-year low of $6.69 and a 1-year high of $17.08. Bellwether Investment Group LLC now owns 20,566 shares of the energy producer's stock valued at $166,000 after purchasing an additional 1,463 shares during the period. Parkwood LLC lifted its position in Oasis Petroleum by 82.0% in the 2nd quarter.
Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. (NYSE:OAS) showed a growth of -41.02 Percent per annum.
Several brokerages have commented on OAS.
The company's Average Earnings Estimate for the Current Fiscal quarter is $0.01, according to consensus of 29 analysts. Royal Bank Of Canada restated an "outperform" rating and set a $13.00 price objective (up from $12.00) on shares of Oasis Petroleum in a research note on Thursday, November 9th. The shares were sold at an average price of $8.77, for a total transaction of $96,338.45. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have given a buy rating to the company. Advisory Services Network LLC increased its stake in Oasis Petroleum by 14.1% in the 2nd quarter. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Oasis Petroleum Inc (NYSE:OAS)'s revenue estimates for the current quarter are $301.47 Million according to 23 number of analysts, for the current quarter the company has high revenue estimates of $332 Million in contradiction of low revenue estimates of $265 Million. Hence the difference between Predicted EPS and Actual EPS reported is $0.05/share which shows an Earnings Surprise of 100 Percent. Oasis Petroleum has an average rating of "Hold" and an average price target of $13.32.
In related news, VP Nickolas J. Lorentzatos sold 10,985 shares of the business's stock in a transaction that occurred on Friday, September 22nd.
Examining Institutional Ownership at Oasis Petroleum Inc. Mizuho restated a "hold" rating and set a $10.00 price target on shares of Oasis Petroleum in a research report on Friday, September 29th. The firm had revenue of $304.70 million during the quarter, compared to analysts' expectations of $264.72 million. The Average Volume of the company is 8.58 Million, while the Volume of the company in the last trading session was 6.01 Billion. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Its book value per share for the most recent quarter is $12.61 while its price to book ratio for the same period is 0.77, as for as the company's cash per share for the most recent quarter is $0.04, however its price to cash per share ratio for the same period is 266.34. Return on assets is -0.90% and Return on equity (ROE) is -1.90% while it's Return on Investment (ROI) of 0.00%. Finally, Bourgeon Capital Management LLC purchased a new position in Oasis Petroleum in the 2nd quarter worth about $161,000. Company insiders own 1.90% of the company's stock.
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Keeping an eyeball on Gross profit Margin, Net profit Margin & Operating Margin, the Gross profit margin of 67.80%; the net profit margin of -5.20% while its Operating margin was 5.30% for Oasis Petroleum Inc. 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.