Oasis Petroleum Inc. (NYSE:OAS), Prudential Financial Inc (NYSE:PRU)

The highest sales estimate is $288.44 million and the lowest is $253.36 million. BidaskClub lowered Oasis Petroleum from a "sell" rating to a "strong sell" rating in a research report on Wednesday, June 21st. The firm is expected to report its next earnings results on Wednesday, August 2nd. On average, analysts expect that Oasis Petroleum will post ($0.09) EPS for the current fiscal year.

Several other research analysts also recently issued reports on OAS. Stephens Inc. AR increased its stake in Oasis Petroleum by 13.8% in the first quarter.

Oasis Petroleum (NYSE:OAS) last issued its quarterly earnings data on Monday, May 8th. Looking ahead, analysts on average predict that earnings for the current quarter would come in the range of $-0.15 to $0.06. Oasis Petroleum had a negative return on equity of 2.88% and a negative net margin of 18.00%. The firm had revenue of $285.10 million during the quarter, compared to analysts' expectations of $252.72 million. During the same period in the prior year, the firm earned ($0.18) earnings per share. The company's revenue was up 119.3% on a year-over-year basis.

A number of equities research analysts have issued reports on the stock. Finally, ValuEngine cut Oasis Petroleum from a "hold" rating to a "sell" rating in a research report on Friday, June 2nd. BMO Capital Markets set a $11.00 target price on Oasis Petroleum and gave the stock a "buy" rating in a research report on Monday, June 26th. Currently, the stock has a 1 Year Price Target of $15.47.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). The company has a consensus rating of "Buy" and a consensus price target of $15.47.

Brokerage houses, on average, are recommending investors to hold Oasis Petroleum Inc. The company had a trading volume of 9,065,926 shares.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -0.26% and standing -17.37% away from 50-Day Simple Moving Average while traded down -31.94% from 200-Day Simple Moving Average.

The equity stands -52.28% away from the 52-week high and 24.24% from the 52-week low.

The stock grew about -27.7% in the past 5 years; this positive value indicates that the stock constantly performed well in the previous years as well. A stock price loss will yield a negatively weighted alpha. The company had a trading volume of 1,212,128 shares. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Stephens Inc. AR now owns 16,050 shares of the energy producer's stock worth $229,000 after buying an additional 1,950 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its position in shares of Oasis Petroleum by 13.5% in the first quarter. (NYSE:OAS) higher to the next line of resistance at $8.41 a share. TPH Asset Management LLC now owns 2,427,255 shares of the energy producer's stock valued at $34,613,000 after buying an additional 48,401 shares in the last quarter.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OAS. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and worldwide trademark and copyright laws. If you are reading this article on another publication, it was illegally copied and reposted in violation of global copyright and trademark legislation.

Related News:

Most liked

New Amazon Echo Competitor from Samsung Under Development: Vega with Bixby
Now leading the smart speaker race is Amazon with its Alexa-powered Echo speakers, followed by the Google Home speaker. Currently, Bixby Voice remains unavailable in the USA due to difficulties with the English language.

Sledgehammer Games on Call of Duty: WWII for Nintendo Switch: "No"
For instance, 'Tekken 7' and 'The Witness' did not put out ports for the system. PC, Playstation 4 and Xbox One will feature the game so all is not lost.

Accused kidnapper spotted at vigil for alleged victim
After the hearing, Christensen's defense attorney, Evan Bruno, had this message. "There's a long road ahead". As first reported by The News-Gazette on Sunday, he attended the march and concert in support of Ms.

Dubai's Emirates tries to tail Abu Dhabi off laptop ban list
Emirates' Dubai hub has grown into the world's busiest airport for worldwide traffic, in large part thanks to Emirates' expansion. The laptop ban has been lifted from Abu Dhabi Airport, where Etihad Airways is the flagship carrier.

Theatres shut down in Tamil Nadu over double taxation
Ramanathan claimed that only in India do cinema theatres have no right to fix ticket prices. The association accepts the new GST but says cinemas can not afford the state duty as well.

Syrian President Assad featured on banknote for first time
Secretary General Antonio Guterres during a private State Department meeting last week, Foreign Policy reported on Monday. Crude oil production dropped 98 percent between 2010 and 2017 from 385,000 barrels per day to just 8,000, Ghanem added.

Emily Ratajkowski blames large breasts for lack of jobs
Emily Ratajkowski insists she has lost out on work because her breasts are considered to be "too big". But it hasn't all been so rosy for the 26-year-old during her ascent.

Sony has photoshopped Anthem's gameplay video and hosted it on PlayStation YouTube
What was an Xbox One X exclusive developer preview created for E3 2017 has now been edited by the competing publisher. While some fans called the edit "sneaky" many were not impressed.

Bank of England staff vote to strike over pay
Still, the plans may also allow for individual wage gains greater than 1% depending on headcount changes. If BOE staff do take action, they won't be the first in Europe to do so.

Darren Collison signs 2-year, $20 million deal with Pacers
Collison started 64 games for the Kings last season, averaging 13.2 points, 4.6 assists, 2.2 rebounds on 47.6 percent shooting. It's starting to become a game of musical chairs in the National Basketball Association free agency point guard market.

Nokia 6 in Copper arrives in the United States on August 18
You can place a pre-order for this model now, but keep in mind you'll have to wait more than one month to get your hands on it. Both these models are unlocked and work on AT&T as well as T-Mobile but do not work with US Cellular, Sprint, and Verizon.

Grab Some Free Crash Bandicoot Goodies For PlayStation 4
Look at this little fella and tell us you wouldn't want another adventure with him in 2017, in HD and all. Sane Trilogy just hit no.1 on the UK Sales Chart , proving that the fanbase is still alive and passionate.

Man sits on gun, shoots self in penis
And he was also charged with illegal possession of a firearm, due to his multiple previous convictions. Police spoke to Jelks' girlfriend who said she was inside the house when Jelks ran in, panicked.

Juncker tells near-empty European Union parliament: "You are ridiculous"
To which Mr Juncker retorted: "There are only a few members in the parliament to control the commission". If Mrs (Angela) Merkel or Mr (Emmanuel) Macron perhaps would have be there there would have been full'.

North Korea launches ballistic missile into Japan's territorial waters
And recent US naval maneuvers into areas China claims as its territorial waters have drawn sharp rebukes from Xi's government. Tuesday (in Japan ) and flew for 40 minutes before landing in the Sea of Japan in waters where Japan claims economic rights.