Stock On Watch: Institutional Investors Love Oasis Petroleum Inc (NYSE:OAS)

December 1, 2016 - By Nellie Frank   ·   0 Comments

Stock On Watch: Institutional Investors  Love Oasis Petroleum Inc (NYSE:OAS)

Sentiment for Oasis Petroleum Inc (NYSE:OAS)

Oasis Petroleum Inc (NYSE:OAS) institutional sentiment increased to 1.44 in 2016 Q2. Its up 0.24, from 1.2 in 2016Q1. The ratio is more positive, as 115 active investment managers increased and opened new stock positions, while 96 cut down and sold stakes in Oasis Petroleum Inc. The active investment managers in our partner’s database now have: 155.56 million shares, up from 155.43 million shares in 2016Q1. Also, the number of active investment managers holding Oasis Petroleum Inc in their top 10 stock positions increased from 2 to 3 for an increase of 1. Sold All: 40 Reduced: 56 Increased: 67 New Position: 48.

Oasis Petroleum Inc. is an independent exploration and production company. The company has a market cap of $4.57 billion. 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. It currently has negative earnings. The Company’s divisions include Exploration and Production, which is engaged in the acquisition and development of oil and natural gas properties; Well Services, which performs completion services for the Company’s oil and natural gas wells operated by Oasis Petroleum North America LLC , and Midstream Services, which performs salt water gathering and disposal and other midstream services for the Company’s oil and natural gas wells operated by OPNA.

About 12.85M shares traded hands. Oasis Petroleum Inc. (NYSE:OAS) has risen 52.60% since April 28, 2016 and is uptrending. It has outperformed by 46.67% the S&P500.

Analysts await Oasis Petroleum Inc. (NYSE:OAS) to report earnings on February, 22. They expect $-0.12 EPS, down 340.00% or $0.17 from last year’s $0.05 per share. After $-0.17 actual EPS reported by Oasis Petroleum Inc. for the previous quarter, Wall Street now forecasts -29.41% EPS growth.

According to Zacks Investment Research, “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.”

Brenham Capital Management L.P. holds 6.22% of its portfolio in Oasis Petroleum Inc. for 5.20 million shares. Spo Advisory Corp owns 19.91 million shares or 3.72% of their US portfolio. Moreover, Columbia Pacific Advisors Llc has 1.96% invested in the company for 343,342 shares. The New York-based Sir Capital Management L.P. has invested 1.87% in the stock. Tph Asset Management Llc, a Texas-based fund reported 2.01 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 3 selling transactions for $36.42 million net activity.

Oasis Petroleum Inc. (NYSE:OAS) Ratings Coverage

Ratings analysis reveals 63% of Oasis Petroleum Inc.’s analysts are positive. Out of 27 Wall Street analysts rating Oasis Petroleum Inc., 17 give it “Buy”, 1 “Sell” rating, while 9 recommend “Hold”. The lowest target is $3 while the high is $20. The stock’s average target of $11.70 is -22.77% below today’s ($15.15) share price. OAS was included in 79 notes of analysts from July 21, 2015. The firm has “Hold” rating by Cantor Fitzgerald given on Tuesday, April 26. The firm has “Overweight” rating by CapitalOne given on Wednesday, October 19. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Buy” rating given on Wednesday, January 20 by Topeka Capital Markets. The rating was upgraded by JP Morgan on Tuesday, March 15 to “Overweight”. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Hold” rating given on Wednesday, September 14 by Deutsche Bank. The firm has “Neutral” rating by Citigroup given on Tuesday, January 5. The stock of Oasis Petroleum Inc. (NYSE:OAS) earned “Neutral” rating by Citigroup on Thursday, April 7. The stock of Oasis Petroleum Inc. (NYSE:OAS) earned “Buy” rating by Wunderlich on Thursday, August 6. RBC Capital Markets maintained the shares of OAS in a report on Wednesday, August 5 with “Outperform” rating. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Buy” rating given on Friday, June 3 by Citigroup.

OAS Company Profile

Oasis Petroleum Inc., incorporated on February 25, 2010, is an independent exploration and production company. 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. The Company’s divisions include Exploration and Production, Well Services, and Midstream Services. The exploration and production segment is engaged in the acquisition and development of oil and natural gas properties. The well services business segment (OWS) performs completion services for the Company’s oil and natural gas wells operated by Oasis Petroleum North America LLC (OPNA). The midstream services business segment (OMS) performs salt water gathering and disposal and other midstream services for the Company’s oil and natural gas wells operated by OPNA. The Company’s projects include Williston Basin, West Williston and East Nesson. The Firm also operates a well services business through Oasis Well Services LLC (OWS) and a midstream services business through Oasis Midstream Services LLC (OMS).

Another recent and important Oasis Petroleum Inc. (NYSE:OAS) news was published by Nasdaq.com which published an article titled: “Oasis Petroleum Reaches Analyst Target Price” on December 01, 2016.

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By Nellie Frank


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