Oasis Petroleum Inc (NYSE:OAS) Seems to Be a Stock That SunTrust Robinson Is a Bit Wary of; Firm Downgrades Shares

April 1, 2018 - By Paula Hilliard

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.

5.99M were accumulated by Point72 Asset Management Lp. Blackrock Inc invested 0.01% in Oasis Petroleum Inc. (NYSE:OAS). Soros Fund Llc holds 0.15% or 800,000 shares. Stratos Wealth Partners Limited stated it has 300 shares. E&G Advsr Ltd Partnership invested in 14,400 shares or 0.05% of the stock. Raymond James Serv holds 0.03% or 631,804 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 19,850 shares stake. First Mercantile Trust Co reported 21,890 shares stake. Wealthtrust holds 0% or 100 shares in its portfolio. D E Shaw &, a New York-based fund reported 128,280 shares. Van Eck Assoc Corporation holds 0% or 42,623 shares. Chicago Equity Partners Ltd Llc holds 0.04% or 139,175 shares. Legal & General Gru Public Limited Company holds 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 276,771 shares. Guinness Asset Ltd reported 0.95% in Oasis Petroleum Inc. (NYSE:OAS). 4.18M were reported by Deutsche Bank & Trust Ag.

Oasis Petroleum Inc (NYSE:OAS) Receives a Downgrade

SunTrust Robinson has downgraded their rating for Oasis Petroleum Inc (NYSE:OAS) shares to a “Hold” in a research report that was issued on Tuesday morning.

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.

5.99M were accumulated by Point72 Asset Management Lp. Blackrock Inc invested 0.01% in Oasis Petroleum Inc. (NYSE:OAS). Soros Fund Llc holds 0.15% or 800,000 shares. Stratos Wealth Partners Limited stated it has 300 shares. E&G Advsr Ltd Partnership invested in 14,400 shares or 0.05% of the stock. Raymond James Serv holds 0.03% or 631,804 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 19,850 shares stake. First Mercantile Trust Co reported 21,890 shares stake. Wealthtrust holds 0% or 100 shares in its portfolio. D E Shaw &, a New York-based fund reported 128,280 shares. Van Eck Assoc Corporation holds 0% or 42,623 shares. Chicago Equity Partners Ltd Llc holds 0.04% or 139,175 shares. Legal & General Gru Public Limited Company holds 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 276,771 shares. Guinness Asset Ltd reported 0.95% in Oasis Petroleum Inc. (NYSE:OAS). 4.18M were reported by Deutsche Bank & Trust Ag.

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. Stifel Nicolaus maintained Oasis Petroleum Inc. (NYSE:OAS) on Monday, January 29 with “Hold” rating. The rating was downgraded by Guggenheim to “Neutral” on Wednesday, December 13. The firm has “Buy” rating by Piper Jaffray given on Wednesday, December 13. As per Wednesday, February 28, the company rating was maintained by Williams Capital Group. The firm has “Hold” rating by Mizuho given on Tuesday, November 21. As per Wednesday, November 8, the company rating was maintained by KeyBanc Capital Markets. The stock has “Hold” rating by SunTrust on Wednesday, February 28. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, October 24. The firm has “Buy” rating given on Tuesday, March 13 by Stephens. The stock has “Buy” rating by Williams Capital Group on Tuesday, December 12.

The stock increased 0.87% or $0.07 during the last trading session, reaching $8.1. About 12.88 million 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 EPS, up 200.00 % or $0.10 from last year’s $-0.05 per share. OAS’s profit will be $15.87M for 40.50 P/E if the $0.05 EPS becomes a reality. After $0.12 actual EPS 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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