Oasis Petroleum (OAS) Receiving Somewhat Positive News Coverage, Report Shows

News stories about Oasis Petroleum (NYSE:OAS) have been trending somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oasis Petroleum earned a news impact score of 0.12 on Accern’s scale. Accern also assigned headlines about the energy producer an impact score of 46.1625739648178 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

OAS has been the topic of several research analyst reports. Jefferies Group set a $13.00 price objective on Oasis Petroleum and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Royal Bank Of Canada set a $14.00 price objective on Oasis Petroleum and gave the stock a “buy” rating in a research note on Thursday, August 24th. BMO Capital Markets set a $11.00 price objective on Oasis Petroleum and gave the stock a “buy” rating in a research note on Sunday, August 13th. Piper Jaffray Companies set a $14.00 price objective on Oasis Petroleum and gave the stock a “buy” rating in a research note on Monday, October 16th. Finally, KeyCorp set a $11.00 price objective on Oasis Petroleum and gave the stock a “buy” rating in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. Oasis Petroleum presently has a consensus rating of “Hold” and an average target price of $13.32.

Shares of Oasis Petroleum (NYSE OAS) opened at $10.30 on Tuesday. 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 $17.08.

Oasis Petroleum (NYSE:OAS) last announced its earnings results on Tuesday, November 7th. The energy producer reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. The business had revenue of $304.70 million for the quarter, compared to analysts’ expectations of $264.72 million. Oasis Petroleum had a negative return on equity of 1.29% and a negative net margin of 5.23%. The business’s revenue for the quarter was up 71.9% on a year-over-year basis. During the same quarter last year, the firm earned ($0.19) EPS. research analysts predict that Oasis Petroleum will post -0.1 earnings per share for the current year.

In other Oasis Petroleum news, VP Nickolas J. Lorentzatos sold 10,985 shares of the stock in a transaction on Friday, September 22nd. The stock was sold at an average price of $8.77, for a total transaction of $96,338.45. Following the sale, the vice president now owns 182,351 shares of the company’s stock, valued at approximately $1,599,218.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.90% of the stock is currently owned by company insiders.

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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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