Oasis Petroleum Inc. (OAS) Shares Sold by Peconic Partners LLC

Barsaba Taglieri
Luglio 15, 2017

(NYSE:OAS) or 1.11 million shares. The correct version of this story can be accessed at https://www.themarketsdaily.com/2017/07/15/oasis-petroleum-inc-oas-receives-15-21-consensus-price-target-from-analysts-updated.html. The company is expected to report EPS as high as $0.06 and as low as $-0.10 per share. Parkwood Limited has 0.21% invested in Oasis Petroleum Inc. Equities analysts predict that Oasis Petroleum Inc. will post ($0.09) EPS for the current fiscal year. Wells Fargo & Mn reported 1.56 million shares stake. Zacks' sales averages are a mean average based on a survey of sell-side analysts that cover Oasis Petroleum.

Oasis Petroleum (NYSE:OAS) last issued its quarterly earnings results on Monday, May 8th. The energy producer reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02.

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 company had revenue of $285.10 million during the quarter, compared to analyst estimates of $252.72 million. During the same quarter in the prior year, the business posted ($0.18) EPS. The firm's revenue for the quarter was up 119.3% compared to the same quarter a year ago. Williams Capital upgraded Oasis Petroleum from a "hold" rating to a "buy" rating in a report on Thursday, February 23rd. Finally, Guggenheim upgraded shares of Oasis Petroleum from a "neutral" rating to a "buy" rating and set a $21.00 target price for the company in a research report on Thursday, March 16th. Analysts have placed a $15.2 price target on Oasis Petroleum Inc., suggesting a 93.63% gain from recent close. Jefferies Group LLC reaffirmed a "buy" rating and set a $17.00 price target on shares of Oasis Petroleum in a research report on Thursday, July 6th. Seaport Global Securities raised Oasis Petroleum from a "neutral" rating to a "buy" rating in a report on Friday, March 31st. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. Oasis Petroleum now has an average rating of "Buy" and a consensus price target of $15.27.

TIAA CREF Investment Management LLC reduced its position in shares of Oasis Petroleum Inc. The stock had a trading volume of 4,664,252 shares. The company has a 50-day moving average price of $9.70 and a 200-day moving average price of $12.86. Oasis Petroleum Inc. has a 12 month low of $6.56 and a 12 month high of $17.08. The firm's market capitalization is $1.84 billion.

In other Oasis Petroleum news, Chairman Thomas B. Nusz sold 187,236 shares of the firm's stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $9.50, for a total value of $1,778,742.00. Following the completion of the sale, the chairman now directly owns 1,469,546 shares in the company, valued at $13,960,687. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

A number of institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC bought a new stake in shares of Oasis Petroleum during the first quarter worth about $242,000. Considering that the stock daily volume of 7.17 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in last session. Stephens Inc. AR increased its stake in Oasis Petroleum by 13.8% 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 during the period. (NYSE:OAS). Teachers Retirement Systems Of The State Of Kentucky stated it has 604,526 shares or 0.12% of all its holdings. 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 in the last quarter.

What Guru's think About Is Oasis Petroleum Inc. Norges Bank bought a new stake in shares of Oasis Petroleum during the fourth quarter valued at $29,719,000. TIAA CREF Investment Management LLC owned 0.30% of Oasis Petroleum worth $10,131,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 98.38% of the company's stock.

Oasis Petroleum Inc is an independent exploration and production company. The Firm is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.

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