Published: Sat, February 25, 2017
Markets | By Terence Owen

Forward Earnings Estimate of Oasis Petroleum Inc.(OAS)

Forward Earnings Estimate of Oasis Petroleum Inc.(OAS)

(NYSE:OAS) to Buy in a report released on Thursday February 23, 2017.

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent.

Company has reported several Insider transactions to the SEC, on Sep 28, 2016, Taylor L Reid (President and COO) sold 25,000 shares at 9.42 per share price.On Aug 12, 2016, Thomas B Nusz (Chairman and CEO) sold 200,000 shares at 8.92 per share price.On Mar 6, 2015, Michael Mcshane (director) purchased 50,000 shares at 12.80 per share price. Finally, Numeric Investors LLC boosted its position in shares of Oasis Petroleum by 124.1% in the second quarter. It also operates a well services business through Oasis Well Services LLC (OWS) and a midstream services business through Oasis Midstream Services LLC (OMS). During the same quarter a year ago, the company earned $0.03 earnings per share. The correct version of this news story can be viewed at BNP Paribas Arbitrage SA now owns 15,993 shares of the company's stock valued at $149,000 after buying an additional 14,469 shares in the last quarter. The Relative Volume value measured for Oasis Petroleum Inc. Hedge funds and other institutional investors own 78.29% of the company's stock.

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Shares of Oasis Petroleum Inc. (NYSE:OAS) previous 52-week high was $17.08 and moved up 190.21% over the same period, trading at a volume of 5.93 million. Given that its average daily volume over the 30 days has been 8.71 million shares a day, this signifies a pretty significant change over the norm. The company's market cap is $3.39 Billion. Currently, the company has SMA200 (200-day simple moving average) of 24 Percent. Oasis Petroleum has a 52 week low of $4.90 and a 52 week high of $17.08.

Oasis Petroleum Inc. has received $-0.12 as the consensus Earnings Estimate for the Quarter ending on Dec 2016, According to the estimate provided by 12 Financial Advisor in the Stock Trading Firms. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.16 to $-0.01. Oasis Petroleum had a negative net margin of 27.57% and a negative return on equity of 2.98%. The company maintains price to book ratio of 1.06 industry average at 0.49. The company's quarterly revenue was down 10.2% on a year-over-year basis. For the current year the company's revenue estimates are $705.45M compared to low analyst estimates of $639.9M and high estimates of $862M according to the projection of 18 analysts. Recently, analysts have updated the overall rating to 2.2. Goldman Sachs Group, Inc. Oasis Petroleum Inc. got Upgrade on 9-Jan-17 where investment firm Macquarie Upgrade the stock from Neutral to Outperform. The high end target price has shares touching $21 and the low end target estimate has the stock moving to $11 within the year. Deutsche Bank AG raised Oasis Petroleum from a "hold" rating to a "buy" rating in a research note on Tuesday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of "Buy" and an average target price of $14.31.

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