Oasis Petroleum Inc. (NYSE:OAS) Sees Stock Price Rise - Up $0.67

Marco Green
September 14, 2017

With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Oasis Petroleum Inc. The stock now has Monthly Volatility of 4.28% and Weekly Volatility of 4.38%. Institutional investors and hedge funds own 93.57% of the company's stock. The value of the total investment in Oasis Petroleum Inc. went from $2,510,000 to $991,000 a change of $1,519,000 since the last quarter. Nationwide Fund Advisors now owns 260,360 shares of the energy producer's stock worth $3,713,000 after buying an additional 14,995 shares during the period. Advisory Services Network LLC now owns 19,400 shares of the energy producer's stock valued at $156,000 after purchasing an additional 2,400 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its stake in Oasis Petroleum by 14.8% during the 1st quarter. "(OAS) Shares Bought by Bank of New York Mellon Corp" was first posted by Week Herald and is the property of of Week Herald. (The) downgraded shares of Oasis Petroleum from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $8.75 to $8.50 in a research note on Tuesday, October 18th. Emerald Acquisition Ltd. purchased a new position in shares of Oasis Petroleum during the second quarter valued at about $782,000. Hedge funds and other institutional investors own 77.51% of the company's stock.

OAS has been the topic of a number of recent research reports. Cowen and Company set a $14.00 target price on Oasis Petroleum and gave the stock a "buy" rating in a report on Monday, July 10th.

Oasis Petroleum Inc. (OAS)'s average Piotroski F-Score: 5 during the last 7 years. On Thursday, July 20 the stock rating was maintained by RBC Capital Markets with "Buy". Jefferies Group LLC reiterated a "buy" rating and set a $17.00 price objective on shares of Oasis Petroleum in a research report on Wednesday, May 17th. Analysts have also given a consensus recommendation on the stock of 2.10. The stock is trading $7.60 its 50-day moving average by 0.14%.

About 116,635 shares traded. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. If you are accessing this piece of content on another publication, it was stolen and republished in violation of United States and worldwide copyright and trademark laws. If you are accessing this story on another publication, it was copied illegally and republished in violation of US & worldwide trademark & copyright legislation.

Oasis Petroleum Inc.in recent headlines. The stock touched 52-week High of $17.08 on 12/12/16 and 52-week Low of $6.69 on 08/30/17.

Company shares last traded at $8.13 which is marginally higher than $7.51, the 50 day moving average and which is quite a bit lower than the 200 day moving average of $10.22. The market capitalization of the company is at $1.91 Billion.

Oasis Petroleum (NYSE:OAS) last posted its earnings results on Wednesday, August 2nd. Analysts are forecasting earnings of $-0.06 on a per share basis this quarter. Oasis Petroleum had a negative return on equity of 2.43% and a negative net margin of 5.16%. The energy producer reported ($0.05) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.01. During the same quarter in the previous year, the business earned ($0.11) earnings per share.

On the other hand Oasis Petroleum Inc (NYSE:OAS) has Relative Strength Index (RSI 14) of 43.3 along with Average True Range (ATR 14) of 0.39. (NYSE:OAS). The Alberta - Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp has invested 0.02% in Oasis Petroleum Inc. The partnership's operations are located exclusively in the Williston Basin area of North Dakota and Montana. Its segments include Exploration and Production, Well Services, and Midstream Services.

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