Oasis Petroleum Inc. (OAS) Rating Increased to Sell at BidaskClub

The company has mean EPS estimate of -0.02 reported by 28 number of analyst for the quarter ending Current Qtr.(Jun2017). Caymus Capital Partners L.P. boosted its stake in shares of Oasis Petroleum by 48.5% in the first quarter. Campbell & CO Investment Adviser LLC acquired a new position in Oasis Petroleum during the second quarter valued at about $237,000. Teacher Retirement System of Texas now owns 17,588 shares of the energy producer's stock worth $251,000 after buying an additional 497 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Oasis Petroleum by 2.9% in the first quarter. Adams Diversified Equity Fund Inc. now owns 64,500 shares of the energy producer's stock valued at $920,000 after buying an additional 1,800 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Oasis Petroleum by 14.8% in the first quarter. Creative Planning now owns 24,382 shares of the energy producer's stock worth $348,000 after buying an additional 323 shares in the last quarter. Palisade Capital Management LLC NJ acquired a new stake in shares of Oasis Petroleum during the second quarter worth approximately $233,000. Atria Investments LLC now owns 17,075 shares of the energy producer's stock worth $243,000 after buying an additional 700 shares during the period. Hedge funds and other institutional investors own 97.15% of the company's stock. In this case, shares are 14.79% higher from $6.67, the worst price in 52 weeks suffered on August 02, 2016, but are collecting gains at -46.75% for the past six months. The market capitalization of the company is at $1.85 Billion. The company has a 50-day moving average of $7.93 and a 200-day moving average of $11.58.

Oasis Petroleum (NYSE:OAS) last issued its quarterly earnings data on Monday, May 8th.

While having a peek at profitability ratios Oasis Petroleum Inc (NYSE:OAS) has trailing twelve month gross margin at 68.4%, its trailing twelve month operating margin stands at -4.4% whereas its trailing twelve month net profit margin spots at -18%. The firm had revenue of $285.10 million for the quarter, compared to the consensus estimate of $252.72 million. In contrast to the year ago quarter EPS was at -0.09. The firm's revenue was up 119.3% compared to the same quarter a year ago.

Oasis Petroleum Inc. has a 1.79B market cap and its past year revenues were 859.50M. "(OAS) Given New $13.00 Price Target at Citigroup Inc." was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are reading this report on another domain, it was illegally stolen and reposted in violation of US and worldwide trademark & copyright laws. The legal version of this news story can be read at https://weekherald.com/2017/08/02/oasis-petroleum-inc-oas-stock-rating-reaffirmed-by-royal-bank-of-canada-updated.html.

OAS has been the topic of a number of other reports. Gurufocus.com's article titled: "Guinness Asset Management LTD Buys Oasis Petroleum Inc, Mattel Inc, Cisco ..." and published on July 10, 2017 is yet another important article. Finally, SunTrust Banks, Inc. raised Oasis Petroleum from a "hold" rating to a "buy" rating and increased their price objective for the company from $16.00 to $17.00 in a report on Wednesday, May 3rd. Credit Suisse Group reiterated a neutral rating and set a $19.00 target price on shares of Oasis Petroleum in a report on Friday, June 2nd. UBS AG raised Oasis Petroleum from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $14.00 to $13.00 in a research report on Thursday, June 8th. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 1.67, indicating analysts in general look favorably on the company's future prospects.

A look at some of the inputs to technical analysis model shows how Oasis Petroleum Inc. current price compares to its recent moving averages.

Shares of Oasis Petroleum (NYSE OAS) traded up 7.647% during midday trading on Wednesday, hitting $8.235. The stock was sold at an average price of $9.50, for a total transaction 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 $13,960,687. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Relative Strength Index (RSI-14) for Oasis Petroleum Inc.

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