Oasis Petroleum Inc. (NYSE:OAS) Undervalued by 29.9%

Vanguard Group Inc. now owns 19,521,951 shares of the energy producer's stock worth $157,152,000 after acquiring an additional 125,706 shares during the period. After a recent check, it is observed that the insiders for the firm now own 1.30% shares.

Several other large investors also recently modified their holdings of OAS.

07/18/2017 - Oasis Petroleum Inc. was upgraded to "buy" by analysts at Williams Capital.

Oasis Petroleum Inc (OAS)'s Williams Percent Range or 14 day Williams %R presently is at -59.80. Federated Investors Inc. PA acquired a new stake in shares of Oasis Petroleum during the 2nd quarter valued at about $121,000. 1195510 shares were traded on Oasis Petroleum Inc.'s last session. The rating was initiated by Credit Suisse with "Neutral" on Wednesday, October 28. Its book value per share for the most recent quarter is $12.76 while its price to book ratio for the same period is 0.68, as for as the company's cash per share for the most recent quarter is $0.05, however its price to cash per share ratio for the same period is 179.48.

07/19/2017 - Oasis Petroleum Inc. had its "neutral" rating reiterated by analysts at Bank of America Merrill Lynch.

Several other brokerages have also recently issued reports on OAS. Finally, Royal Bank Of Canada reaffirmed a "buy" rating and set a $14.00 target price on shares of Oasis Petroleum in a research report on Thursday, July 20th.

The price target compares with a Friday closing price for the units of $17.98 each.

The broker has just set a target of $9 on Oasis Petroleum (NYSE:OAS) shares. Additionally, OAS had a day price range of $8.61 to $8.93. It turned negative, as 43 investors sold Oasis Petroleum Inc. shares while 66 reduced holdings. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. BidaskClub cut shares of Oasis Petroleum from a sell rating to a strong sell rating in a report on Wednesday, June 21st.

06/21/2017 - Oasis Petroleum Inc. was downgraded to "neutral" by analysts at Seaport Global Securities. (OAS). These ratios are important while doing valuation of the company or the shares of the company. According to their observations and findings, the stock could provide a high EPS of $-0.02/share and a low EPS of $-0.18/share.

This particular stock's 5-day moving average is 8.60, its 20-day moving average is 8.79 and its 100-day moving average is 8.16. The company has market cap of $2.07 billion.

Oasis Petroleum Inc. (NYSE:OAS) reported its EPS in the last quarter as $-0.05/Share beating the analyst estimate of $-0.06/Share by a difference of $0.01. The company had revenue of $254.10 million during the quarter, compared to analysts' expectations of $255.41 million. Oasis Petroleum had a negative net margin of 5.16% and a negative return on equity of 2.43%. In contrast to the year ago quarter EPS was at -0.06. Next quarter's EPS is estimated at $-0.03 and the next full year EPS is projected to be $-0.03.

According to analysts Oasis Petroleum Inc (NYSE:OAS)'s minimum EPS for the current quarter is at $-0.18 and can go high up to $-0.02. However, analysts' mean recommendation for this stock stands at 2.10. The stock traded within a range of $8.61 and $8.93. Following the sale, the vice president now directly owns 182,351 shares in the company, valued at approximately $1,599,218.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The shares were sold at an average price of $7.82, for a total transaction of $391,000.00.

The company now has an insider ownership of 1.3 Percent and Institutional ownership of 95.4 Percent. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company's stock. Oasis Petroleum Inc. has $20 highest and $3 lowest target. Piper Jaffray upgraded the shares of OAS in report on Wednesday, October 19 to "Overweight" rating. If you are accessing this report on another website, it was stolen and reposted in violation of United States & worldwide copyright laws.

Oasis Petroleum Inc. (OAS) now the company's industry has 12.51 P/E and the sector P/E is 16.86. The Firm 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.

Related:

Comments


Other news