|Bid||11.93 x 800|
|Ask||11.94 x 1200|
|Day's Range||11.82 - 12.21|
|52 Week Range||7.31 - 14.57|
|Beta (3Y Monthly)||3.24|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.53|
HOUSTON , Oct. 19, 2018 /PRNewswire/ -- Oasis Midstream Partners LP (NYSE: OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Third Quarter 2018 financial and operational ...
HOUSTON , Oct. 19, 2018 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced that the lenders under its revolving credit agreement completed their ...
OAS is expected to post 156.2% YoY (year-over-year) cash flow from operations growth in the third quarter compared to the third quarter of 2017. OAS’s strong YoY cash flow from operations growth is expected to be driven by strong production growth and higher average realized sales prices resulting from higher crude oil prices and price differential improvement.
North Dakota's daily crude production in August broke the previous all-time high set in July, while natural gas output and producing wells also hit records.
NEW YORK, Oct. 17, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Since more than 76% of the total production comprises oil, Oasis Petroleum (OAS) has been capitalizing on the significant recovery in oil prices.
In the week ending September 28, US crude oil inventories were at their five-year average compared to a deficit of two percentage points in the week prior. Oil prices and the inventories spread usually move inversely, as you can see in the following chart. If the inventories spread expands further into positive territory, it might drag oil prices in the coming weeks. The inventories spread is the difference between inventories and their five-year average.
On October 8, US crude oil November 2018 futures closed ~$2.2 above the November 2019 futures. On October 1, the futures spread was at a premium of ~$3.2. Between October 1 and October 8, US crude oil November futures fell 1.3%.
Ring Energy (REI), a crude oil–weighted exploration and production company focused in the Permian Basin, was the weakest upstream stock in the week ending October 5. Ring Energy fell 17.4% last week. The decline could be due to a rating downgrade and a target price cut at Morgan Stanley.
Oasis Petroleum[ticker symb=OAS] is the IBD Stock Of The Day as the energy exploration firm remains near a buy zone with oil prices holding at multiyear highs. The company explores, produces oil and natural gas in the Williston Basin in North Dakota and Montana. Top stock Oasis Petroleum is among the many energy stock benefiting from spiking crude oil prices amid...
Oasis Midstream (OMP) operates diversified midstream energy infrastructure that offers steady fee-based revenues, reflecting a low-risk business model.
Most of the stocks belonging to the US E&P industry have been putting a stellar show buoyed by the trends in the booming energy space.
The major stock indexes erased mild losses but were nearly flat as stock prices today were mixed and seeking direction. Small caps had a slight lead, with the Russell 2000 up 0.3%. The Nasdaq composite was up 0.2% while the S&P 500 and the Dow Jones industrial average were nearly unchanged. Volume was tracking lower compared with the same time...
In the week ended September 14, US crude oil inventories were 3% below their five-year average and flat from the week prior. Oil prices and the inventories spread usually move inversely, as shown in the chart above. If the inventories spread expands further into negative territory, it could support oil prices in the coming weeks.
Yesterday, US crude oil November 2018 futures closed ~$3.48 above November 2019 futures, and between September 17 and yesterday, US crude oil November futures rose 5%. On September 17, the futures spread was at a premium of $2.41.
On September 19, US crude oil November futures rose 1.7% and closed at $70.77 per barrel—the highest closing level for active US crude oil futures since July 13. In the last trading session, the S&P 500 Index (SPY) and the Dow Jones Industrial Average Index (DIA) rose 0.1% and 0.6%, respectively.
North Dakota's daily crude production in July broke the previous all-time high set in May, while natural gas output and producing wells also hit records.
In the week that ended on September 7, US crude oil inventories fell 3% below their five-year average. In the previous week, inventories were on par with their five-year average.
Investors need to pay close attention to Oasis Petroleum (OAS) stock based on the movements in the options market lately.
Between September 5 and September 12, our list of oil-weighted stocks rose just 0.1% compared to the 2.4% rise in US crude oil October futures.
In the week ended August 31, 2018, US crude oil inventories were almost on par with their five-year average, the same as the previous week.
On September 10, 2018, US crude oil October 2018 futures closed ~$2.38 above October 2019 futures contracts. On August 31, 2018, the futures spread was at a premium of ~$3.85. Between August 31 and September 10, 2018, US crude oil October futures fell 3.2%.
Between August 31 and September 7, the United States Oil ETF (USO) fell 2.9%, the United States 12-Month Oil ETF (USL) fell 2.4%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 5.2%. These ETFs track US crude oil futures.