Today analysts at Wunderlich reiterated Oasis Petroleum Inc.’s (NYSE:OAS) shares as ‘Hold’ in a report released to investors.
According to Wunderlichs price target of 12 on the company’s stock this indicates the broker now believes there is an increase of 7.83% from Oasis Petroleum Inc.’s current price of 11.13.
In the last year Oasis Petroleum Inc.’s stock price has decreased by -2.47% from 11.41 to 11.13.
The number of Oasis Petroleum Inc. shares in issue is 180,430,000 which have a current share price of 11.13 bringing Oasis Petroleum Inc.’s market capitalisation to 2.01B USD.
The 52 week high of shares in Oasis Petroleum Inc. is 13.72 while the 52 week low for the company’s shares is 3.4. The businesses 50 day moving average is 10.36 and its 200 day moving average is 9.5.
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, which is engaged in the acquisition and development of oil and natural gas properties; Well Services, which performs completion services for the Company’s oil and natural gas wells operated by Oasis Petroleum North America LLC (OPNA), and Midstream Services, which performs salt water gathering and disposal and other midstream services for the Company’s oil and natural gas wells operated by OPNA. The Company’s projects include Williston Basin, West Williston and East Nesson. It also operates a well services business through Oasis Well Services LLC (OWS) and a midstream services business through Oasis Midstream Services LLC (OMS).