Published On: Wed, Oct 19th, 2016

Williams Capital Indicates Potential 25.8% Increase In Shares Of Oasis Petroleum Inc.


On Wednesday Williams Capital reiterated its broker consensus on shares of Oasis Petroleum Inc. (NYSE:OAS) giving the company a ‘Buy’ rating.

Williams Capital gave shares of Oasis Petroleum Inc. a price target of 14 indicating a potential increase of 25.8% from Oasis Petroleum Inc.’s current price of 11.13.

NYSE:OAS


In the prior 12 months Oasis Petroleum Inc.’s stock price has decreased by -2.47% from 11.41 to 11.13.

Oasis Petroleum Inc. has 180,430,000 shares in issue which have a share price of 11.13 giving Oasis Petroleum Inc. a market capitalisation of 2.01B USD .

The 52 week high of Oasis Petroleum Inc.’s shares is 13.72 whilst the 52 week low for the company’s shares is 3.4. The 50 day moving average of NYSE:OAS is 10.36 and the 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).