Shares of Oasis Petroleum Inc. (NYSE:OAS) have been given an average recommendation of “Hold” by the twenty-eight research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $11.57.
OAS has been the subject of several research analyst reports. Evercore ISI raised shares of Oasis Petroleum from an “in-line” rating to an “outperform” rating in a research report on Friday, November 3rd. Guggenheim lowered shares of Oasis Petroleum from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 13th. Goldman Sachs Group raised shares of Oasis Petroleum from a “sell” rating to a “neutral” rating in a research report on Thursday, October 19th. KeyCorp set a $11.00 price objective on shares of Oasis Petroleum and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Oasis Petroleum in a research report on Wednesday, December 13th.
Shares of Oasis Petroleum (NYSE:OAS) traded up $0.01 during trading on Friday, hitting $7.93. 8,836,365 shares of the company traded hands, compared to its average volume of 9,480,000. The stock has a market cap of $2,140.00, a price-to-earnings ratio of -30.50 and a beta of 2.23. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 0.77. Oasis Petroleum has a 52-week low of $6.69 and a 52-week high of $15.27.
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Oasis Petroleum Company Profile
Oasis Petroleum Inc is an independent exploration and production company. The Company 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. Its segments include Exploration and Production, Well Services, and Midstream Services.
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