Morgan Stanley Keeps Their Buy Rating on Oasis Petroleum Inc (OAS)


In a report released today, Drew Venker from Morgan Stanley maintained a Buy rating on Oasis Petroleum Inc (NYSE: OAS), with a price target of $18. The company’s shares closed yesterday at $13.92, close to its 52-week high of $14.19.

According to TipRanks.com, Venker is a 1-star analyst with an average return of -3.9% and a 48.9% success rate. Venker covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Continental Resources, and Occidental Petroleum.

Currently, the analyst consensus on Oasis Petroleum Inc is a Moderate Buy with an average price target of $15.81.

See today’s analyst top recommended stocks >>

The company has a one-year high of $14.19 and a one-year low of $7.31. Currently, Oasis Petroleum Inc has an average volume of 6.54M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Oasis Petroleum, Inc. engages in the acquisition, development, and exploration of onshore, unconventional oil and natural gas resources. It operates through the following business segments: Exploration and Production, Midstream Services, and Well Services. The Exploration and Production segment refers to the sale of oil, and natural gas production.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts