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OAS $3.1

OAS target price
3.10
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Oasis Petroleum Inc.
Type
Public company
Traded as NYSE: OAS
Industry Petroleum industry
Founded 2007; 10 years ago (2007)
Founder Thomas B. Nusz
Taylor L. Reid
Headquarters Houston, Texas
Key people
Thomas B. Nusz, CEO
Taylor L. Reid, President
Products Petroleum
Natural gas
Production output
50 thousand barrels of oil equivalent (310,000 GJ) per day
Revenue Decrease -$704 million (2016)
Operating income
Decrease -$130 million (2016)
Net income
Decrease -$243 million (2016)
Total assets Increase $6.178 billion (2016)
Total equity Increase $2.923 billion (2016)
Number of employees
477 (2016)
Website www.oasispetroleum.com

Oasis Petroleum Inc. is a petroleum and natural gas exploration and production company headquartered in Houston, Texas, with an office in Williston, North Dakota.

The company develops unconventional oil and natural gas oilfields in the Bakken formation and Three Forks Shale of Montana and North Dakota.

As of December 31, 2016, the company had 305 million barrels of oil equivalent (1.87×10 GJ) of estimated proved reserves, of which 78% was petroleum and 22% was natural gas.

In February 2007, the company was founded by Thomas B. Nusz and Taylor L. Reid and was financed by EnCap Investments.

In June 2007, the company acquired 175,000 net acres and 1 thousand barrels of oil equivalent (6,100 GJ) per day of production in Williston, North Dakota for $83 million.

In 2008-2009, the company acquired an additional 131,000 net acres and 1.1 thousand barrels of oil equivalent (6,700 GJ) per day of production nearby for $54 million.

In 2010, the company became a public company via an initial public offering which raised over $400 million.

In 2011, an employee on one of the company's oilfields died due to an accident.

In 2013, the company acquired 161,000 net acres in the Williston Basin for $1.5 billion.

In 2016, the company acquired 55,000 net acres and 226 gross operated drilling locations in the Williston Basin from SM Energy for $785 million.

In 2017, the company completed an initial public offering of its midstream operations.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2022 2022-08-02 Future report Set alerts
Q1 2022 2022-05-04 8.32 8.32
Q4 2021 2022-02-23 5.68 5.68
Q3 2021 2021-11-03 3.16 3.16
Q2 2021 2021-08-03 2.76 2.76
Q1 2021 2021-05-03 4.34 4.34
Q4 2020 2021-03-08 1.35 1.35
Q2 2020 2020-08-05 0.23 -0.29
Q1 2020 2020-05-18 -0.20 -13.61
Q4 2019 2020-02-25 -0.02 -0.24

Ratings

2016-07-13 Initiated Coverage Ladenburg Thalmann Neutral to Buy $12.00
2016-06-14 Boost Price Target Deutsche Bank Hold $10.00 to $11.00
2016-06-14 Boost Price Target Deutsche Bank AG Hold $10.00 to $11.00
2016-06-12 Reiterated Rating Simmons Hold
2016-06-10 Initiated Coverage Piper Jaffray Neutral $13.00
2016-06-10 Initiated Coverage Simmons Neutral $11.00 to $13.00
2016-06-10 Initiated Coverage Piper Jaffray Cos. Neutral $13.00
2016-06-07 Downgrade Seaport Global Securities Buy to Neutral $10.00
2016-06-05 Reiterated Rating Cantor Fitzgerald Hold $9.00
2016-06-02 Upgrade Citigroup Inc. Neutral to Buy $12.00 to $13.00
2016-05-22 Reiterated Rating Cantor Fitzgerald Hold
2016-05-17 Reiterated Rating Citigroup Inc. Hold to Neutral $9.00 to $12.00
2016-05-11 Boost Price Target Wunderlich Hold $4.00 to $8.00
2016-05-10 Upgrade Jefferies Group Hold to Buy $9.00 to $12.00
2016-05-10 Boost Price Target Topeka Capital Markets Buy $10.00 to $14.00
2016-05-10 Reiterated Rating Canaccord Genuity Hold
2016-04-26 Downgrade Cantor Fitzgerald Buy to Hold $8.00 to $9.00
2016-04-07 Reiterated Rating Citigroup Inc. Hold $7.50 to $9.50
2016-04-07 Reiterated Rating Deutsche Bank Hold
2016-03-31 Upgrade Seaport Global Securities Neutral to Buy $10.00
2016-03-30 Upgrade Seaport Global Securities Neutral to Buy $6.00 to $10.00
2016-03-29 Boost Price Target Goldman Sachs Neutral $7.25 to $8.00
2016-03-29 Boost Price Target Goldman Sachs Group Inc. Neutral $7.25 to $8.00
2016-03-23 Reiterated Rating Deutsche Bank Hold $5.50 to $10.00
2016-03-15 Upgrade JPMorgan Chase & Co. Neutral to Overweight $5.00 to $9.00
2016-03-11 Upgrade Goldman Sachs Sell to Neutral $7.25
2016-03-03 Lower Price Target BMO Capital Markets Outperform $12.00 to $8.00
2016-02-29 Lower Price Target SunTrust Neutral $5.00
2016-02-29 Lower Price Target SunTrust Banks Inc. Neutral $5.00
2016-02-09 Lower Price Target JPMorgan Chase & Co. Neutral $12.00 to $6.00
2016-02-03 Initiated Coverage GMP Securities Buy $9.00
2016-01-31 Reiterated Rating Canaccord Genuity Hold $6.00
2016-01-29 Lower Price Target Stephens $11.00 to $8.00
2016-01-29 Lower Price Target Nomura Neutral $6.00 to $5.00
2016-01-29 Boost Price Target RBC Capital Outperform $9.00 to $10.00
2016-01-29 Lower Price Target Nomura Holdings Inc. Neutral $6.00 to $5.00
2016-01-29 Boost Price Target Royal Bank Of Canada Outperform $9.00 to $10.00
2016-01-28 Downgrade Sterne Agee CRT Buy to Neutral
2016-01-28 Downgrade Wunderlich Buy to Hold $15.00 to $5.00
2016-01-28 Reiterated Rating Cantor Fitzgerald Buy $8.00
2016-01-26 Lower Price Target Susquehanna Neutral $7.50 to $5.50
2016-01-25 Downgrade Tudor Pickering Buy to Hold
2016-01-22 Reiterated Rating Sterne Agee CRT Buy to Neutral
2016-01-21 Lower Price Target Nomura Neutral $14.00 to $6.00
2016-01-21 Lower Price Target Deutsche Bank Hold $8.00 to $5.50
2016-01-20 Lower Price Target Topeka Capital Markets Buy $18.00 to $12.00
2016-01-19 Lower Price Target KLR Group $20.00 to $17.00
2016-01-19 Lower Price Target Canaccord Genuity $11.00 to $8.00
2016-01-08 Downgrade Macquarie Outperform to Neutral
2016-01-07 Reiterated Rating Deutsche Bank Hold $8.00
2016-01-05 Upgrade Citigroup Inc. Sell to Neutral $11.00 to $9.00
2015-12-22 Lower Price Target KeyBanc $9.00
2015-12-22 Lower Price Target KeyCorp $9.00
2015-12-09 Reiterated Rating Deutsche Bank Hold $13.00 to $10.00
2015-12-09 Initiated Coverage JPMorgan Chase & Co. Neutral $12.00
2015-12-02 Boost Price Target Jefferies Group Hold $12.00
2015-11-18 Boost Price Target Capital One Financial Corp. $14.00 to $18.00
2015-11-11 Boost Price Target Susquehanna Neutral $10.50 to $12.00
2015-11-09 Reiterated Rating Canaccord Genuity Hold $11.00
2015-11-05 Boost Price Target Wunderlich Buy $13.00 to $15.00
2015-11-04 Boost Price Target RBC Capital Outperform $14.00 to $16.00
2015-11-03 Lower Price Target Deutsche Bank $13.00 to $12.00
2015-11-03 Reiterated Rating Canaccord Genuity Hold $10.00
2015-10-28 Initiated Coverage Credit Suisse Neutral $12.00
2015-10-28 Initiated Coverage Roth Capital Neutral to Buy $12.00 to $12.00
2015-10-28 Initiated Coverage Credit Suisse Group AG Neutral $12.00
2015-10-20 Boost Price Target SunTrust Neutral $10.00 to $12.00
2015-10-19 Reiterated Rating Seaport Global Securities Neutral
2015-10-16 Boost Price Target Citigroup Inc. $9.00 to $10.00
2015-10-15 Lower Price Target KLR Group $23.00 to $20.00
2015-10-14 Reiterated Rating Deutsche Bank Hold $12.00 to $13.00
2015-10-07 Lower Price Target Topeka Capital Markets Buy $20.00 to $18.00
2015-10-02 Reiterated Rating Deutsche Bank Hold
2015-09-14 Lower Price Target Citigroup Inc. Sell $9.50 to $9.00
2015-09-11 Lower Price Target Jefferies Group $11.00
2015-09-11 Lower Price Target Canaccord Genuity Hold $12.00 to $10.00
2015-09-08 Reiterated Rating Cowen and Company Outperform $18.00 to $14.00
2015-09-08 Reiterated Rating Deutsche Bank Hold $14.00 to $12.00
2015-08-26 Lower Price Target KeyBanc Overweight $14.00
2015-08-24 Lower Price Target Susquehanna Neutral $13.00 to $10.50
2015-08-24 Lower Price Target Bank of America Neutral $18.00 to $14.00
2015-08-24 Lower Price Target Bank of America Corp. Neutral $18.00 to $14.00
2015-08-17 Reiterated Rating Jefferies Group Neutral $14.00 to $12.00
2015-08-17 Upgrade BMO Capital Markets Market Perform to Outperform $16.00
2015-08-06 Lower Price Target Canaccord Genuity Hold $15.00 to $12.00
2015-08-06 Upgrade Wunderlich Hold to Buy $11.00 to $14.00
2015-08-05 Reiterated Rating Cantor Fitzgerald Buy $15.00
2015-08-05 Reiterated Rating Canaccord Genuity Hold $15.00 to $12.00
2015-08-05 Lower Price Target RBC Capital Outperform $21.00 to $18.00
2015-07-30 Reiterated Rating Cantor Fitzgerald Buy $15.00
2015-07-21 Lower Price Target Global Hunter Securities Neutral $19.00 to $12.00
2015-07-21 Lower Price Target Seaport Global Securities Neutral $19.00 to $12.00
2015-07-20 Lower Price Target Susquehanna Neutral $16.00 to $13.00
2015-07-14 Reiterated Rating Deutsche Bank Hold $18.00 to $17.00
2015-07-14 Reiterated Rating KeyBanc Buy $20.00 to $17.00
2015-07-13 Initiated Coverage Cowen and Company Outperform $17.00
2015-07-13 Lower Price Target Topeka Capital Markets Buy $24.00 to $20.00
2015-07-07 Lower Price Target Jefferies Group $14.00
2015-06-11 Upgrade Simmons Neutral to Overweight
2015-06-02 Initiated Coverage Evercore Partners Inc. Hold $19.00
2015-06-01 Initiated Coverage Evercore ISI Hold $19.00
2015-05-18 Boost Price Target Topeka Capital Markets Buy $20.00 to $24.00
2015-05-14 Reiterated Rating Deutsche Bank Hold $17.00 to $18.00
2015-05-10 Reiterated Rating Topeka Capital Markets Buy $19.00 to $20.00
2015-05-10 Reiterated Rating Canaccord Genuity Hold
2015-04-22 Initiated Coverage Nomura Neutral $17.00
2015-04-15 Initiated Coverage Goldman Sachs Sell $9.50
2015-04-09 Boost Price Target Citigroup Inc. Sell $12.00 to $14.00
2015-03-09 Upgrade SunTrust Reduce to Neutral
2015-03-05 Upgrade Iberia Capital Outperform
2015-03-05 Downgrade Canaccord Genuity Buy to Hold $17.00 to $15.00
2015-03-04 Lower Price Target Topeka Capital Markets Buy $22.00 to $19.00
2015-03-02 Downgrade Guggenheim Buy to Neutral
2015-02-27 Reiterated Rating Canaccord Genuity Buy to Buy $19.00 to $17.00
2015-02-27 Boost Price Target Wunderlich Hold $13.00 to $16.00
2015-02-06 Initiated Coverage Jefferies Group Hold
2015-01-20 Downgrade SunTrust Neutral to Reduce $13.00 to $10.00
2015-01-07 Downgrade Citigroup Inc. Neutral to Sell
2015-01-06 Downgrade Raymond James Strong-Buy to Outperform
2015-01-06 Downgrade Raymond James Financial Inc. Strong-Buy to Outperform
2015-01-05 Downgrade Susquehanna Positive to Neutral
2014-12-24 Downgrade Capital One Financial Corp. Overweight to Equal Weight
2014-12-18 Initiated Coverage Guggenheim Buy
2014-12-18 Reiterated Rating Wells Fargo & Co. Outperform to HOLD
2014-12-18 Reiterated Rating Wells Fargo Outperform to HOLD
2014-12-16 Downgrade Wunderlich Buy to Hold $47.00 to $13.00
2014-12-11 Upgrade Credit Agricole Outperform to Buy
2014-12-11 Lower Price Target Canaccord Genuity Buy $33.00 to $29.00
2014-12-11 Upgrade Credit Agricole SA Outperform to Buy
2014-12-10 Downgrade FBR & Co. Outperform
2014-12-10 Lower Price Target Topeka Capital Markets Buy $38.00 to $25.00
2014-12-10 Downgrade FBR & Co Outperform
2014-12-08 Lower Price Target Citigroup Inc. Neutral $52.00 to $16.00
2014-12-08 Downgrade SunTrust Buy to Neutral $33.00 to $15.00
2014-12-05 Downgrade Iberia Capital Outperform to Sector Perform
2014-12-02 Downgrade Global Hunter Securities Buy to Neutral
2014-12-02 Downgrade Seaport Global Securities Buy to Neutral
2014-12-01 Upgrade Susquehanna Neutral to Positive
2014-11-28 Downgrade Ladenburg Thalmann Buy to Neutral $52.00 to $28.00
2014-11-19 Reiterated Rating Alembic Global Advisors Overweight to Neutral
2014-11-07 Lower Price Target FBR & Co. Outperform $58.00 to $54.00
2014-11-06 Reiterated Rating Canaccord Genuity Buy $60.00 to $48.00
2014-11-06 Lower Price Target Wunderlich Buy $51.00 to $47.00
2014-11-05 Reiterated Rating Bank of America Neutral $52.00 to $48.00
2014-10-22 Initiated Coverage Susquehanna Neutral $35.00
2014-10-22 Reiterated Rating Wunderlich Buy $68.00 to $51.00
2014-10-09 Reiterated Rating KeyBanc Buy $60.00 to $55.00
2014-10-03 Lower Price Target Topeka Capital Markets Buy $64.00 to $60.00
2014-09-08 Lower Price Target Raymond James $65.00 to $60.00
2014-08-11 Upgrade Sterne Agee CRT Neutral to Buy $59.00
2014-08-07 Reiterated Rating Raymond James Strong-Buy $70.00 to $65.00
2014-08-07 Upgrade KLR Group Accumulate to Buy
2014-07-22 Upgrade Global Hunter Securities Neutral to Buy $54.00 to $65.00
2014-07-22 Upgrade Seaport Global Securities Neutral to Buy $54.00 to $65.00
2014-07-18 Reiterated Rating Deutsche Bank Hold $55.00 to $60.00
2014-07-16 Initiated Coverage FBR & Co. Outperform $72.00
2014-07-10 Boost Price Target KLR Group Accumulate $57.00 to $66.00
2014-07-01 Boost Price Target Canaccord Genuity $55.00 to $64.00
2014-06-30 Boost Price Target Topeka Capital Markets Buy $56.00 to $64.00
2014-06-30 Upgrade Raymond James Outperform to Strong-Buy $63.00 to $70.00
2014-06-18 Initiated Coverage Iberia Capital Outperform $65.00
2014-06-11 Reiterated Rating Deutsche Bank Hold $46.00 to $55.00
2014-05-07 Reiterated Rating Raymond James Outperform $56.00 to $59.00
2014-05-06 Boost Price Target Topeka Capital Markets Buy $52.00 to $56.00
2014-04-06 Reiterated Rating Bank of America Neutral $51.00
2014-04-04 Initiated Coverage Bank of America Neutral $51.00
2014-04-03 Reiterated Rating SunTrust Buy $54.00 to $52.00
2014-04-01 Downgrade Deutsche Bank Buy to Hold $50.00 to $46.00
2014-03-07 Downgrade KLR Group Buy to Accumulate
2014-02-12 Initiated Coverage Citigroup Inc. Neutral $46.00
2014-02-07 Upgrade Canaccord Genuity Hold to Buy $50.00 to $55.00
2014-02-05 Lower Price Target Deutsche Bank Buy $54.00 to $50.00
2014-02-05 Upgrade KLR Group Buy
2014-02-05 Downgrade Goldman Sachs Conviction-Buy to Buy $63.00 to $53.00
2014-02-05 Lower Price Target Jefferies Group $68.00 to $55.00
2014-01-17 Reiterated Rating SunTrust Buy $70.00 to $68.00
2013-12-09 Reiterated Rating Deutsche Bank Buy $59.00 to $54.00
2013-12-04 Lower Price Target Goldman Sachs $68.00
2013-11-07 Boost Price Target Topeka Capital Markets Buy $56.00 to $65.00
2013-11-07 Boost Price Target Deutsche Bank Buy $55.00 to $59.00
2013-10-23 Downgrade Global Hunter Securities Accumulate to Neutral $46.00 to $54.00
2013-10-18 Downgrade Sterne Agee CRT Buy to Neutral
2013-10-14 Reiterated Rating SunTrust Buy $61.00
2013-10-14 Boost Price Target Raymond James $54.00 to $60.00
2013-10-07 Boost Price Target Dougherty & Co Buy $60.00
2013-10-03 Boost Price Target SunTrust Buy $53.00 to $61.00
2013-10-02 Reiterated Northland Capital Outperform $55 to $58
2013-10-02 Boost Price Target Northland Securities Positive $55.00 to $58.00
2013-09-26 Initiated Coverage Macquarie Outperform
2013-09-24 Initiated Coverage Goldman Sachs Buy to Conviction-Buy
2013-09-09 Reiterated Canaccord Genuity Hold $45 to $50
2012-06-18 Upgrade UBS Neutral to Buy $34 to $34
2016-07-13 Initiated Coverage Ladenburg Thalmann Neutral to Buy $12.00
2016-06-14 Boost Price Target Deutsche Bank Hold $10.00 to $11.00
2016-06-14 Boost Price Target Deutsche Bank AG Hold $10.00 to $11.00
2016-06-12 Reiterated Rating Simmons Hold
2016-06-10 Initiated Coverage Piper Jaffray Neutral $13.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
MCDERMOTT EDWARD H 20.15%  (20387500) LAMR / OAS / REN /
SPO ADVISORY CORP 19.69%  (19913026) ADVS / CPN / EQIX / KWK / LAMR / OAS / PQ / REN /
OBERNDORF WILLIAM E 9.46%  (9566749) CPN / LAMR / OAS /
Nusz Thomas B Chairman, President and CEO 1.63%  (1646817) OAS /
Reid Taylor L Executive VP and COO 1.25%  (1262534) OAS /
Lou Michael H Executive VP and CFO 0.44%  (449809) OAS /
Lorentzatos Nickolas J Sr VP, GC, Corporate Secretary 0.27%  (276813) OAS /
MCSHANE MICHAEL 0.22%  (220790) ENB / FET / NCSM / OAS / SE / SPN /
Mace Roy W Senior VP and CAO 0.17%  (167695) OAS /
Collins Ted Jr 0.16%  (158140) ETE / ETP / KRP / OAS / RSPP / SXL /
Cassidy William J. 0.09%  (86090) BCEI / OAS /
Swanson Douglas E Jr 0.07%  (74790) ECR / OAS /
Hagale John E 0.06%  (62200) CIE / OAS / ROSE /
SHACKOULS BOBBY S 0.03%  (30145) KR / OAS / PAA / PAGP /