Oasis Petroleum Inc. (OAS) Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in shares of Oasis Petroleum Inc. (NYSE:OAS) by 8.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,102,994 shares of the energy producer’s stock after buying an additional 167,734 shares during the period. Geode Capital Management LLC owned about 0.78% of Oasis Petroleum worth $17,685,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in OAS. Raymond James Trust N.A. purchased a new position in shares of Oasis Petroleum during the fourth quarter valued at approximately $108,000. Cerebellum GP LLC purchased a new position in shares of Oasis Petroleum during the fourth quarter valued at approximately $129,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Oasis Petroleum by 103.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,165 shares of the energy producer’s stock valued at $138,000 after buying an additional 7,720 shares during the period. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Oasis Petroleum during the third quarter valued at approximately $142,000. Finally, Sei Investments Co. boosted its holdings in shares of Oasis Petroleum by 16,797.3% in the third quarter. Sei Investments Co. now owns 19,094 shares of the energy producer’s stock valued at $174,000 after purchasing an additional 18,981 shares during the period. Institutional investors and hedge funds own 89.13% of the company’s stock.

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A number of analysts recently issued reports on OAS shares. Jefferies Group set a $13.00 price target on Oasis Petroleum and gave the company a “buy” rating in a report on Wednesday, March 7th. Williams Capital set a $13.00 price target on Oasis Petroleum and gave the company a “buy” rating in a report on Wednesday, February 28th. TheStreet upgraded Oasis Petroleum from a “d+” rating to a “c” rating in a report on Wednesday, February 28th. Zacks Investment Research upgraded Oasis Petroleum from a “sell” rating to a “hold” rating in a report on Thursday, March 8th. Finally, Bank of America lowered Oasis Petroleum from a “neutral” rating to an “underperform” rating and set a $9.00 price target for the company. in a report on Thursday, March 8th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Oasis Petroleum presently has a consensus rating of “Hold” and an average target price of $11.18.

Oasis Petroleum stock opened at $8.10 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.60. The firm has a market cap of $2,572.53, a price-to-earnings ratio of 405.00 and a beta of 2.20. Oasis Petroleum Inc. has a twelve month low of $6.69 and a twelve month high of $15.27.

Oasis Petroleum (NYSE:OAS) last posted its earnings results on Tuesday, February 27th. The energy producer reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. The company had revenue of $404.47 million during the quarter, compared to analyst estimates of $328.78 million. Oasis Petroleum had a return on equity of 0.16% and a net margin of 9.92%. analysts anticipate that Oasis Petroleum Inc. will post 0.22 earnings per share for the current fiscal year.

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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.

Institutional Ownership by Quarter for Oasis Petroleum (NYSE:OAS)

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