Oasis Petroleum Inc. (NYSE:OAS) registered a 0.71% increase, still its new closing price is 252.62% up from the company’s 1 year high of 17.08.It posted -2.42% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 36 stock analysts following this company have an average price target at $17.07, with individual PT in the $9.00-$22.00 range. The shares moved at $14.14, implying that brokerage firms see shares gaining about 168.31% in twelve months time.
Oasis Petroleum Inc. (OAS) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -6.61% fall year to date. A 10% Owner at Oasis Petroleum Inc. (OAS) offloaded shares in a transaction closed on Wednesday October 05, 2016. SPO ADVISORY CORP sold 2,975,700 shares in the company at $11.56 each and collected $34,399,000 in proceeds. SPO ADVISORY CORP now owns 16,978,126 shares in the company after this transaction. A President and COO in the company, Reid Taylor L, disclosed a transaction on Monday September 26, 2016 that ended up generating $235,001 from the sale of 25,000 shares at $9.42 per share.
Oasis Petroleum Inc. (NYSE:OAS) Upcoming Results on Tap
Oasis Petroleum Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.06 in that period. Sales during the quarter are predicted to arrive at $251.91 million.
Earnings surprise history: Last quarter, the company posted approximately $177.31 million in revenue and EPS of $-0.17. The mean forecast was for $181.16 million and $-0.19 a share, respectively. One quarter earlier, revenue for the stock was at $179.08 million, with earnings at $-0.11/share.
Oasis Petroleum Inc. (OAS) Brokerage Update
Oasis Petroleum Inc. (OAS) is in Macquarie’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Macquarie, according to news reported on Monday January 09, 2017.Another important research note was issued by Williams Capital Group on Tuesday January 03, 2017.The firm downgraded OAS to Hold from Buy. Over the last six months and over the last three months, the shares of Oasis Petroleum Inc. (OAS), have changed 104.63% and 23.17%, respectively.