Breaking: Oasis Petroleum Inc (NYSE:OAS) “Buy” Rating Reconfirmed by Williams Capital Today; The TP Given is $13.0

April 1, 2018 - By Ann Prendergast

Investors sentiment increased to 1.47 in 2017 Q4. Its up 0.44, from 1.03 in 2017Q3. It improved, as 35 investors sold Oasis Petroleum Inc. shares while 50 reduced holdings. 51 funds opened positions while 74 raised stakes. 224.26 million shares or 5.34% more from 212.89 million shares in 2017Q3 were reported.

Carmignac Gestion accumulated 1.25 million shares. Soros Fund Mngmt Ltd Limited Liability Company reported 0.15% in Oasis Petroleum Inc. (NYSE:OAS). Sprott Inc reported 17,800 shares. Goldman Sachs Grp Inc holds 2.04M shares or 0% of its portfolio. Quantbot Technologies Ltd Partnership owns 178,904 shares or 0.14% of their US portfolio. Moreover, Cypress Cap Mgmt Ltd Com (Wy) has 0.06% invested in Oasis Petroleum Inc. (NYSE:OAS). Avalon Ltd Company reported 0.01% stake. Great West Life Assurance Can owns 25,873 shares. Weiss Multi accumulated 560,000 shares. Raymond James Tru Na invested in 0.01% or 12,857 shares. First Mercantile Trust, a Tennessee-based fund reported 21,890 shares. Ngam Advsr L P reported 0.01% stake. Panagora Asset holds 0.04% or 1.18M shares. Benjamin F Edwards & invested in 0% or 179 shares. Rhumbline Advisers owns 274,543 shares.

Oasis Petroleum Inc (NYSE:OAS) Rating Reaffirmed

In an analyst report sent to clients and investors on Tuesday, 12 December, The “Buy” rating of Oasis Petroleum Inc (NYSE:OAS) shares was reiterated by Williams Capital, who now has a $13.0 target price on the stock. Williams Capital’s target price would indicate a possible upside of 60.49 % from the current price of the company.

Investors sentiment increased to 1.47 in 2017 Q4. Its up 0.44, from 1.03 in 2017Q3. It improved, as 35 investors sold Oasis Petroleum Inc. shares while 50 reduced holdings. 51 funds opened positions while 74 raised stakes. 224.26 million shares or 5.34% more from 212.89 million shares in 2017Q3 were reported.

Carmignac Gestion accumulated 1.25 million shares. Soros Fund Mngmt Ltd Limited Liability Company reported 0.15% in Oasis Petroleum Inc. (NYSE:OAS). Sprott Inc reported 17,800 shares. Goldman Sachs Grp Inc holds 2.04M shares or 0% of its portfolio. Quantbot Technologies Ltd Partnership owns 178,904 shares or 0.14% of their US portfolio. Moreover, Cypress Cap Mgmt Ltd Com (Wy) has 0.06% invested in Oasis Petroleum Inc. (NYSE:OAS). Avalon Ltd Company reported 0.01% stake. Great West Life Assurance Can owns 25,873 shares. Weiss Multi accumulated 560,000 shares. Raymond James Tru Na invested in 0.01% or 12,857 shares. First Mercantile Trust, a Tennessee-based fund reported 21,890 shares. Ngam Advsr L P reported 0.01% stake. Panagora Asset holds 0.04% or 1.18M shares. Benjamin F Edwards & invested in 0% or 179 shares. Rhumbline Advisers owns 274,543 shares.

Oasis Petroleum Inc. (NYSE:OAS) Ratings Coverage

Among 22 analysts covering Oasis Petroleum Inc (NYSE:OAS), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Oasis Petroleum Inc has $15.0 highest and $8.8 lowest target. $11.53’s average target is 42.35% above currents $8.1 stock price. Oasis Petroleum Inc had 35 analyst reports since October 3, 2017 according to SRatingsIntel. The rating was maintained by Jefferies on Wednesday, March 7 with “Buy”. Jefferies maintained the shares of OAS in report on Tuesday, December 12 with “Buy” rating. Stifel Nicolaus maintained Oasis Petroleum Inc. (NYSE:OAS) rating on Monday, January 8. Stifel Nicolaus has “Hold” rating and $8.8 target. The company was maintained on Wednesday, October 18 by Morgan Stanley. As per Thursday, December 14, the company rating was downgraded by Macquarie Research. Bank of America downgraded the stock to “Underperform” rating in Thursday, March 8 report. Piper Jaffray maintained the shares of OAS in report on Wednesday, December 13 with “Buy” rating. As per Thursday, October 19, the company rating was maintained by Cowen & Co. The firm earned “Hold” rating on Wednesday, February 28 by SunTrust. The rating was upgraded by Evercore to “Outperform” on Friday, November 3.

The stock increased 0.87% or $0.07 during the last trading session, reaching $8.1. About 12.88M shares traded or 38.88% up from the average. Oasis Petroleum Inc. (NYSE:OAS) has declined 35.79% since April 1, 2017 and is downtrending. It has underperformed by 47.34% the S&P500.

Analysts await Oasis Petroleum Inc. (NYSE:OAS) to report earnings on May, 14. They expect $0.05 earnings per share, up 200.00 % or $0.10 from last year’s $-0.05 per share. OAS’s profit will be $15.87 million for 40.50 P/E if the $0.05 EPS becomes a reality. After $0.12 actual earnings per share reported by Oasis Petroleum Inc. for the previous quarter, Wall Street now forecasts -58.33 % negative EPS growth.

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 $2.57 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 has a 15.58 P/E ratio. It also operates midstream services and a well services businesses.

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

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