Analysts See $0.11 EPS for Oasis Petroleum Inc. (OAS)

October 11, 2018 - By whatsonthorold

Investors sentiment increased to 1.44 in 2018 Q2. Its up 0.25, from 1.19 in 2018Q1. It improved, as 34 investors sold Oasis Petroleum Inc. shares while 61 reduced holdings. 72 funds opened positions while 65 raised stakes. 269.80 million shares or 14.89% more from 234.82 million shares in 2018Q1 were reported.
California Pub Employees Retirement Systems reported 518,669 shares. Asset Management invested in 13,152 shares or 0.01% of the stock. Jane Street Grp Inc Limited Liability Co invested in 132,663 shares. Blackrock owns 30.73M shares. Vaughan Nelson Mngmt Limited Partnership holds 1.78M shares or 0.27% of its portfolio. 174,220 are held by Castleark Lc. Principal Financial Group Inc has invested 0.02% in Oasis Petroleum Inc. (NYSE:OAS). 547,426 were reported by Rhumbline Advisers. Natixis Advsr Lp invested in 0.02% or 151,221 shares. Northern has invested 0.02% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Cim Invest Mangement owns 36,291 shares for 0.16% of their portfolio. Gideon Advisors reported 0.12% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Mason Street Advisors Ltd Liability holds 0.04% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 136,704 shares. Panagora Asset Management has invested 0% in Oasis Petroleum Inc. (NYSE:OAS).

Since May 15, 2018, it had 0 insider purchases, and 3 sales for $791,174 activity. $196,320 worth of stock was sold by Lou Michael H on Tuesday, May 15. Shares for $228,254 were sold by Lorentzatos Nickolas J on Tuesday, May 15.

Analysts expect Oasis Petroleum Inc. (NYSE:OAS) to report $0.11 EPS on November, 6.OAS’s profit would be $34.98M giving it 28.59 P/E if the $0.11 EPS is correct. After having $0.10 EPS previously, Oasis Petroleum Inc.’s analysts see 10.00 % EPS growth. The stock decreased 4.91% or $0.65 during the last trading session, reaching $12.58. About 8.36M shares traded or 25.77% up from the average. Oasis Petroleum Inc. (NYSE:OAS) has risen 67.29% since October 11, 2017 and is uptrending. It has outperformed by 51.67% the S&P500.

Oasis Petroleum Inc. (NYSE:OAS) Ratings Coverage

Among 16 analysts covering Oasis Petroleum (NYSE:OAS), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. Oasis Petroleum had 27 analyst reports since April 18, 2018 according to SRatingsIntel. On Monday, April 30 the stock rating was maintained by Williams Capital Group with “Buy”. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, August 7. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Tuesday, May 8. The stock has “Overweight” rating by JP Morgan on Wednesday, April 18. The company was downgraded on Monday, April 23 by SunTrust. The stock of Oasis Petroleum Inc. (NYSE:OAS) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, May 24. The rating was maintained by BMO Capital Markets with “Outperform” on Tuesday, May 1. On Friday, September 28 the stock rating was reinitiated by PiperJaffray with “Overweight”. Morgan Stanley maintained it with “Equal-Weight” rating and $11 target in Friday, April 20 report. The stock has “Outperform” rating by Credit Suisse on Tuesday, May 8.

Oasis Petroleum Inc., an independent exploration and production company, focuses 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 has market cap of $4.00 billion. As of December 31, 2016, the firm had 517,801 net leasehold acres in the Williston Basin; and approximately 305.1 million barrels of oil equivalent of estimated net proved reserves. It currently has negative earnings. It also operates midstream services and a well services businesses.

Oasis Petroleum Inc. (NYSE:OAS) Institutional Positions Chart

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