17,986 Shares in Oasis Petroleum Inc. (OAS) Acquired by Stifel Financial Corp

Stifel Financial Corp bought a new stake in Oasis Petroleum Inc. (NYSE:OAS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 17,986 shares of the energy producer’s stock, valued at approximately $102,000.

A number of other large investors have also recently modified their holdings of OAS. Federated Investors Inc. PA raised its holdings in Oasis Petroleum by 835.9% in the third quarter. Federated Investors Inc. PA now owns 5,060,562 shares of the energy producer’s stock valued at $71,759,000 after acquiring an additional 4,519,836 shares in the last quarter. Oslo Asset Management AS raised its holdings in Oasis Petroleum by 111.3% in the fourth quarter. Oslo Asset Management AS now owns 6,383,980 shares of the energy producer’s stock valued at $35,303,000 after acquiring an additional 3,363,280 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Oasis Petroleum by 58.2% in the fourth quarter. Victory Capital Management Inc. now owns 3,902,358 shares of the energy producer’s stock valued at $21,580,000 after acquiring an additional 1,434,956 shares in the last quarter. Precocity Capital LP raised its holdings in Oasis Petroleum by 68.3% in the fourth quarter. Precocity Capital LP now owns 2,525,000 shares of the energy producer’s stock valued at $13,963,000 after acquiring an additional 1,025,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Oasis Petroleum by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 21,523,088 shares of the energy producer’s stock valued at $119,023,000 after acquiring an additional 1,012,789 shares in the last quarter. 97.89% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on OAS shares. Zacks Investment Research cut shares of Oasis Petroleum from a “hold” rating to a “sell” rating in a report on Friday, January 11th. Williams Capital reissued a “buy” rating and set a $9.00 price objective on shares of Oasis Petroleum in a report on Sunday. Raymond James set a $12.00 price objective on shares of Oasis Petroleum and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Stifel Nicolaus raised shares of Oasis Petroleum from a “hold” rating to a “buy” rating and raised their price objective for the stock from $10.50 to $14.00 in a report on Tuesday, January 8th. Finally, Piper Jaffray Companies cut shares of Oasis Petroleum from an “overweight” rating to a “neutral” rating in a report on Wednesday, January 9th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $13.33.

In other news, VP Michael H. Lou sold 40,000 shares of Oasis Petroleum stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $6.04, for a total value of $241,600.00. Following the transaction, the vice president now directly owns 536,017 shares of the company’s stock, valued at approximately $3,237,542.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.70% of the company’s stock.

Shares of Oasis Petroleum stock opened at $6.60 on Monday. The firm has a market capitalization of $2.13 billion, a PE ratio of 25.38, a price-to-earnings-growth ratio of 1.35 and a beta of 2.13. Oasis Petroleum Inc. has a 12 month low of $4.74 and a 12 month high of $14.57. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.85 and a current ratio of 0.91.

Oasis Petroleum (NYSE:OAS) last announced its earnings results on Tuesday, February 26th. The energy producer reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). The business had revenue of $599.80 million during the quarter, compared to analyst estimates of $429.45 million. Oasis Petroleum had a negative net margin of 1.71% and a positive return on equity of 2.12%. The business’s revenue was up 37.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 earnings per share. As a group, equities research analysts expect that Oasis Petroleum Inc. will post 0.33 EPS for the current fiscal year.

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Oasis Petroleum Profile

Oasis Petroleum Inc, an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin and the Texas region of the Delaware Basin, respectively. As of December 31, 2018, the company had 413,552 net leasehold acres in the Williston Basin; and 23,366 net leasehold acres in the Delaware Basin, as well as approximately 320.5 million barrels of oil equivalent of estimated net proved reserves.

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Institutional Ownership by Quarter for Oasis Petroleum (NYSE:OAS)

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