Oasis Petroleum (OAS) Receiving Somewhat Positive News Coverage, Report Shows
Media stories about Oasis Petroleum (NYSE:OAS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oasis Petroleum earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the energy producer an impact score of 47.6290357176089 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Conquer Concerns on Short-Term Commitments: Oasis Petroleum Inc. (NYSE:OAS) – Stock News Stop (stockmarketstop.com)
- Do technicals still doubt? Tesla, Inc. (TSLA), Oasis Petroleum Inc. (OAS) – Market Movers (financialqz.com)
- Hot Mover of the Day: Oasis Petroleum Inc (NYSE: OAS) – Alpha Beta Stock (alphabetastock.com)
- Optimistic Trending Companies: Oasis Petroleum Inc. (OAS), Starbucks Corporation (SBUX) – Market Movers (financialqz.com)
- Oasis Petroleum Inc. (NYSE:OAS) – Investor’s Roundup (PEG Analysis) – Nasdaq Journal (press release) (nasdaqjournal.com)
A number of brokerages have commented on OAS. Piper Jaffray Companies set a $15.00 price target on shares of Oasis Petroleum and gave the company a “buy” rating in a research note on Thursday, December 14th. Jefferies Group set a $14.00 target price on shares of Oasis Petroleum and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Macquarie lowered shares of Oasis Petroleum from an “outperform” rating to a “neutral” rating and set a $11.00 target price for the company. in a research note on Thursday, December 14th. Morgan Stanley boosted their price target on shares of Oasis Petroleum from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 13th. Finally, Guggenheim downgraded shares of Oasis Petroleum from a “buy” rating to a “neutral” rating in a report on Wednesday, December 13th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $12.55.
Oasis Petroleum (OAS) opened at $8.81 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.72 and a current ratio of 0.76. Oasis Petroleum has a 52-week low of $6.69 and a 52-week high of $15.77. The company has a market cap of $2,090.00, a P/E ratio of -33.88 and a beta of 2.33.
Oasis Petroleum (NYSE:OAS) last issued its earnings results on Tuesday, November 7th. The energy producer reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04. Oasis Petroleum had a negative net margin of 13.47% and a negative return on equity of 5.58%. The firm had revenue of $304.70 million for the quarter, compared to analysts’ expectations of $264.72 million. During the same quarter last year, the business earned ($0.19) earnings per share. The business’s revenue was up 71.9% on a year-over-year basis. equities research analysts predict that Oasis Petroleum will post -0.06 EPS for the current fiscal year.
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About Oasis Petroleum
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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