Oasis Petroleum Inc. (NYSE:OAS) traded with the volume of 9.84 Million Yesterday. The Stock Opened its session at $11.67 and closed at $11.32 by showing an decrease of -2.33 percent. Oasis Petroleum Inc. has 1 year price target of 12.07. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 03 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Oasis Petroleum Inc. (NYSE:OAS) reported its EPS in the last quarter as $-0.11/Share beating the analyst estimate of $-0.15/Share by the difference of $0.04. This showed the surprise of 26.7% in the last quarter earnings. For the Current Quarter, 29 analyst are projecting the mean EPS to be $-0.12/share. According to their observations and findings, the stock could provide a high EPS of $0.07/share and a Low EPS of $-0.24/share.
The 32 analysts offering 12-month price forecasts for Oasis Petroleum Inc have a median target of 12.00, with a high estimate of 18.00 and a low estimate of 5.00. The median estimate represents a +6.01% increase from the last price of 11.32. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Oasis Petroleum Inc. where they believe that the company has the potential to earn average revenue of $187.82 Million for the current quarter. According to their predictions High & Low revenue estimates are 235 Million and 158 Million respectively.
Oasis Petroleum Inc. (NYSE:OAS) topped its 52-week high price of $13.72 on Nov 5, 2015 and 52-Week Low Price of $3.4 on Jan 20, 2016. The Stock currently has the market capitalization of $2.09 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 4.85%% and monthly volatility of 6.09%% respectively.
Oasis Petroleum Inc. is currently showing -186.1% EPS growth this year. The Next Year EPS growth is 29%, Long term annual growth estimate of -36.96%, Annual EPS growth past 5 years of -12.54 percent. The Company currently has Insider ownership of 1.8 Percent and Institutional Ownership of 91.7 Percent. The Return on Assets stands at -2.2%, Return on Equity shows -5.2% and Return on Investment value is -2.1%.
Oasis Petroleum Inc. Gross Margin percentage stands at 68.1% while its Operating Margin for trailing twelve month is -22.9 percent and Profit margin (ttm) is -17.9 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 18.64% with the 50-Day Simple Moving Average of 18.64 percent. Currently, the company has SMA200 (200-day simple moving average) of 36.98 Percent. The Stock has YTD (year to date) performance of 53.6 percent.
Many research firms have provided their ratings on Oasis Petroleum Inc. (NYSE:OAS) where Mizuho provided Buyrating on the stock on 6-Oct-16. Other firms include Seaport Global Securities giving Accumulate rating on 30-Aug-16.
The latest Insider trade was made on 4 Oct 2016 where Spo Advisory Corp Beneficial Owner of More than 10% Class did a transaction type “Sell” in which 1900000 shares were traded at a price of $11.65. Another insider trade includes Beneficial Owner of More than 10% Class Spo Advisory Corp who also initiated a transaction in which 500000 shares were traded on 3 Oct 2016 as “Sell”.
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.