Oasis Petroleum (OAS) Insider sold 87236 Shares

Comerica Bank now owns 31,008 shares of the energy producer's stock valued at $458,000 after buying an additional 12,228 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Oasis Petroleum during the fourth quarter worth about $2,127,000.

Oasis Petroleum Inc (NYSE:OAS) has grabbed attention from the analysts, when it saw a value decrease of -3.11% or -0.25 points in the last trading session to close at $7.8. MA acquired a new stake in Oasis Petroleum during the second quarter valued at approximately $509,000. DekaBank Deutsche Girozentrale raised its position in shares of Oasis Petroleum by 14.8% in the first quarter. Finally, Creative Planning increased its stake in shares of Oasis Petroleum by 1.3% in the first quarter. Adams Diversified Equity Fund Inc. now owns 64,500 shares of the energy producer's stock worth $920,000 after buying an additional 1,800 shares during the last quarter. First Mercantile Trust Co. raised its position in shares of Oasis Petroleum by 17.5% in the first quarter. Nationwide Fund Advisors now owns 260,360 shares of the energy producer's stock valued at $3,713,000 after buying an additional 14,995 shares during the period. The stock ended last trade at $8.03 a share and the price is up more than -46.96% so far this year. (NYSE:OAS). At the time of writing, the First Call consensus price target for the company is $12.98.

Institutional owners hold 99.40% stake while Insiders ownership held at 1.30% in the company. Company shares have been seen trading -5.02% off of the 52 week high and 43.06% away from the 52 week low. The stock's 50-day moving average is $7.93 and its 200-day moving average is $11.58. During the same quarter past year, the business posted ($0.11) earnings per share. The energy producer reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.01. Earnings, with 29 analysts believing the company would generate an Average Estimate of $-0.05. Oasis Petroleum had a negative net margin of 18.00% and a negative return on equity of 2.88%. Oasis Petroleum's revenue for the quarter was up 42.0% compared to the same quarter previous year. Repros Therapeutics Inc now has a yearly EPS of -0.70. Spo Advisory holds 4.13% in Oasis Petroleum Inc. Oasis Petroleum Inc (NYSE:OAS)'s price to free cash flow for trailing twelve months is 0. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & worldwide copyright legislation. The legal version of this news story can be viewed at https://www.themarketsdaily.com/2017/08/09/oasis-petroleum-inc-oas-upgraded-to-hold-by-valuengine-updated.html.

Several analysts recently issued reports on OAS shares. BidaskClub lowered shares of Oasis Petroleum from a "sell" rating to a "strong sell" rating in a research note on Wednesday, June 21st. Williams Capital set a $13.00 target price on shares of Oasis Petroleum and gave the company a "buy" rating in a research report on Thursday, August 3rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Finally, Stifel Nicolaus began coverage on shares of Oasis Petroleum in a research report on Friday, April 7th. (NYSE:OAS), 20 have Buy rating, 1 Sell and 10 Hold. Oasis Petroleum has a consensus rating of "Buy" and a consensus target price of $14.97. The stock was sold at an average price of $7.82, for a total transaction of $391,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Another trade for 187,236 shares valued at $1.78 million was sold by Nusz Thomas B.

The most recent open market insider trade was Sell of 87,236 shares on a day where the closing price was 8.9. Following the completion of the sale, the chairman now directly owns 1,469,546 shares in the company, valued at $13,960,687. The disclosure for this sale can be found here. Institutional investors own 97.05% 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.