OAS - Oasis Petroleum Inc.
Chart Events
Price Crosses Moving Average
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 0.6500 |
| Open | 0.6543 |
| Bid | 0.7010 x 800 |
| Ask | 0.7000 x 1200 |
| Day's Range | 0.6340 - 0.7200 |
| 52 Week Range | 0.2400 - 5.3300 |
| Volume | 21,171,714 |
| Avg. Volume | 49,559,826 |
| Market Cap | 224.366M |
| Beta (5Y Monthly) | 3.72 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -13.7040 |
| Earnings Date | Aug 04, 2020 - Aug 10, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 0.75 |
Fair Value
Related Research
- Motley Fool
Why Oasis Petroleum, Callon Petroleum, and Centennial Development All Jumped on July 10
This trio of energy names got a big daily boost from oil prices, but that's just part of a much larger story here.
- Zacks
Implied Volatility Surging for Oasis Petroleum (OAS) Stock Options
Investors need to pay close attention to Oasis Petroleum (OAS) stock based on the movements in the options market lately.
- Motley Fool
Why Northern Oil & Gas, Centennial Resources, and Oasis Petroleum Jumped Today
The exploration and production names got a shot in the arm today as investors took a positive view of the economic future.
- Insider Monkey
Hedge Funds Never Been Less Bullish On Oasis Petroleum Inc. (OAS)
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- Barrons.com
Chesapeake Might Not be the Last Energy Company to Declare Bankruptcy. Here Are Other Companies With Debt Woes.
The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed on the outlines of a restructuring plan that would eliminate $7 billion of debt. Chesapeake (ticker: CHK) plans to sell $600 million of new shares to a group of fund managers as part of that deal; its market capitalization was $116 million as of June 26, so the share sale will sharply devalue current shareholders’ stakes in the company. The stock was halted on Monday, and NYSE said it has started delisting proceedings, though the company said it believes that its shares will continue to trade through the process.
- Bloomberg
Junk-Rated Energy Companies Face Cash Crunch as Borrowing Cut
(Bloomberg) -- The weakest oil and gas companies are facing heightened liquidity pressure after bank lenders cut their exposure amid low commodity prices.Most high-yield borrowers saw their reserve-based loans cut after their spring redetermination, according to a new report from S&P Global Ratings. Borrowing bases, which are determined by the collateral value of oil and gas reserves, were cut by an average of 23%. Credit commitments were cut by 15% on average, the ratings company said.“This redetermination cycle has been more prolonged and less forgiving than previous cycles, with a number of the most distressed E&Ps still working through the process,” S&P analysts Paul O’Donnell and Carin Dehne-Kiley wrote in the report. S&P looked at 34 companies that have announced the results of their bank redetermination.A reduction in borrowing capacity for high-yield energy companies comes at a time when they most need access to liquidity. Oil and gas prices fell to historic lows as the coronavirus pandemic slashed demand, and Saudi Arabia and Russia competed for market share. Capital markets have remained closed to most energy borrowers, sending the weakest companies into bankruptcy.Drawn BalancesThe average drawn balance on high-yield producer credit facilities is now more than 50%, with about a third of producers drawn at more than 70% of elected commitments, according to S&P.Chaparral Energy Inc. and Oasis Petroleum Inc. faced the worst cuts on a percentage basis, with their elected commitments cut by 46% and 44%, respectively, S&P said. Chaparral saw its borrowing base cut by 46% and Oasis was cut by 53%.Along with Chaparral, Bruin E&P Partners LLC and Jonah Energy LLC saw their commitments cut below the drawn amount, requiring them to repay the deficit within six months.Banks also tightened their protections on credit facilities, including lower leverage thresholds, anti-cash hoarding restrictions, reduced dividend caps, limits to the amount of unsecured debt that can be repurchased and higher interest rates, S&P said.“These amendments point to the waning confidence and risk tolerance that the banks have for the sector,” the analysts wrote.Representatives for Chaparral, Oasis, Bruin E&P and Jonah Energy weren’t immediately available to comment.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Oasis (OAS) Up 132.1% Since Last Earnings Report: Can It Continue?
Oasis (OAS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Barrons.com
Oil and Energy Stocks Plunge as Momentum Reverses
Oil prices plunged on Thursday, dropping by the largest percentage since April as the broader market also tumbled. Inventories of both oil and gasoline rose last week, with the amount of crude in storage hitting record levels, according to the Energy Information Administration. The gains come after oil had begun emptying out of storage, a sign that supply and demand were coming into balance.
- Motley Fool
Why Oasis Petroleum, SM Energy, and QEP Resources All Fell Sharply Today
Shares of U.S. exploration and production company Oasis Petroleum (NYSE: OAS) fell as much as 36% in early trading on June 10. QEP Resources (NYSE: QEP) dropped 33% and SM Energy (NYSE: SM) fell a relatively modest 16% or so. In fact, over the past five days, the shares of SM Energy are still up 29%.
- Yahoo Finance Video
Oil outlook as Chesapeake Energy Corp. soars over 100%
Yahoo Finance’s Jared Blikre joins Heidi Chung to discuss the latest oil & energy outlook as OPEC and allies agree to extend record oil production cut.
- Zacks
Are Options Traders Betting on a Big Move in Oasis Petroleum (OAS) Stock?
Investors need to pay close attention to Oasis Petroleum (OAS) stock based on the movements in the options market lately.
- Zacks
Oasis Petroleum (OAS) Incurs Wider-Than-Expected Q1 Loss
Oasis Petroleum's (OAS) lease operating expenses decrease to $6.83 per barrel of oil equivalent (Boe) from the year-ago figure of $7.08 per Boe.
- Motley Fool
4 More Oil Stocks That Could Go Bankrupt in 2020
Oil prices imploded earlier this year, which has decimated many oil stocks. Things have gotten so bad that several have already declared bankruptcy. Four that seem to be likely bankruptcy candidates this year are Borr Drilling (NYSE: BORR), California Resources (NYSE: CRC), Denbury Resources (NYSE: DNR), and Oasis Petroleum (NYSE: OAS).
- Motley Fool
Oasis Petroleum Inc (OAS) Q1 2020 Earnings Call Transcript
My name is Brandon and I'll be your conference operator today. At this time, I'd like to welcome everyone to the First Quarter 2020 Earnings Release and Operations Update for Oasis Petroleum. Today, Oasis management will discuss first quarter 2020 results in the current environment.
- Benzinga
Oasis Petroleum: Q1 Earnings Insights
Shares of Oasis Petroleum (NASDAQ:OAS) moved higher by 17% after the company reported Q1 results.Quarterly Results Earnings per share fell 900.00% over the past year to ($0.20), which missed the estimate of ($0.16).Revenue of $387,798,000 declined by 32.64% year over year, which beat the estimate of $343,570,000.Outlook Earnings guidance hasn't been issued by the company for now.View more earnings on OASOasis Petroleum hasn't issued any revenue guidance for the time being.Price Action 52-week high: $5.92Company's 52-week low was at $0.24Price action over last quarter: down 72.12%Company Profile Oasis Petroleum is an independent oil and gas producer in the United States. The company operates exclusively in the Williston Basin. At the end of 2018, the company reported net proven reserves of 321 million barrels of oil equivalent. Net production averaged 83,000 barrels of oil equivalent per day in 2018, at a ratio of 77% oil and 23% natural gas and NGLs.See more from Benzinga * 14 Energy Stocks Moving In Monday's Pre-Market Session * 12 Energy Stocks Moving In Monday's Pre-Market Session * 16 Energy Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- PR Newswire
Oasis Petroleum Inc. Announces First Quarter 2020 Results and Updates 2020 Outlook
Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced financial and operating results for the first quarter of 2020 and updated its 2020 outlook.
- PR Newswire
Oasis Petroleum Schedules First Quarter 2020 Conference Call for May 18, 2020
Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") plans to announce its First Quarter 2020 financial and operational results on Monday, May 18, 2020 before market open. Additionally, the Company will host a live webcast and conference call on Monday, May 18, 2020 at 10:00 a.m. Central Time to discuss First Quarter 2020 financial and operational results.
- Insider Monkey
Were Hedge Funds Right About Oasis Petroleum Inc. (OAS)?
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
- PR Newswire
Oasis Petroleum Inc. Postpones First Quarter 2020 Earnings Release
Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") today announced that it will postpone its first quarter 2020 earnings release and conference call, previously scheduled for today at 10:00 a.m. Central Time. The Company is completing the review of its unaudited condensed consolidated financial statements, including the finalization of certain documentation which may impact the presentation and disclosure of certain financial statement line items. That documentation is in process and is expected to be completed in the near term. The Company will make an announcement in a subsequent press release to schedule the date and time of its first quarter 2020 earnings conference call. As a result of this delay, the Company will also file a Form 12b-25 with the U.S. Securities and Exchange Commission relating to the Company's report on Form 10-Q for the period ended March 31, 2020. This filing gives the Company an additional five days to file its Form 10-Q and still be deemed to have been filed in a timely manner. It is the Company's current expectation that it will make its Form 10-Q filing within the five-day grace period stipulated by Rule 12b-25, though no assurance can be provided in that regard.
- Zacks
Things to Note Ahead of Oasis Petroleum's (OAS) Q1 Earnings
Lower activity and downtime associated with cold weather is likely to have negatively impacted Oasis Petroleum's (OAS) output in the to-be-reported quarter.
- Motley Fool
Coronavirus Oil Crash: 5 Oil Stocks You Should Avoid at All Costs
Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. The oil patch is in a massive mess that could take a year or more to correct, and more companies are going to struggle badly and destroy lots more shareholder equity before it gets better. Five oil stocks in particular that investors should avoid are Occidental Petroleum (NYSE: OXY), Oasis Petroleum (NYSE: OAS), Halliburton Co (NYSE: HAL), Chesapeake Energy (NYSE: CHK), and Valaris plc (NYSE: VAL).
- PR Newswire
Oasis Petroleum Schedules First Quarter 2020 Conference Call for May 11, 2020
Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") plans to announce its First Quarter 2020 financial and operational results on Monday, May 11, 2020 before market open. Additionally, the Company will host a live webcast and conference call on Monday, May 11, 2020 at 10:00 a.m. Central Time to discuss First Quarter 2020 financial and operational results.
- Reuters
Exclusive: Shale producer Oasis Petroleum to halt drilling in Bakken - sources
Oasis Petroleum Inc has begun to wind down all drilling in the Bakken, three sources familiar with the matter said on Tuesday, as production cuts intensify across the United States the aftermath of a historic plunge in crude oil prices. The company has asked its frac crews in the region to take time off, known as a frac holiday, and will completely halt all drilling activity within weeks, two sources said. Oasis did not immediately respond to a request for comment.
- Moody's
Oasis Petroleum Inc. -- Moody's downgrades Oasis to B3 CFR, negative outlook
Rating Action: Moody's downgrades Oasis to B3 CFR, negative outlook. Global Credit Research- 07 Apr 2020. New York, April 07, 2020-- Moody's Investors Service downgraded Oasis Petroleum Inc.' s Corporate ...
- American City Business Journals
Houston energy stock prices plummet in volatile trading month
An American City Business Journals analysis of public stock prices found that Houston companies have seen some of the largest stock value declines in the nation in recent weeks.
