Oppenheimer analyst Tim Rezvan assigned a Hold rating to Oasis Petroleum Inc (OAS) yesterday. The company’s shares closed yesterday at $5.40, close to its 52-week low of $4.74.
According to TipRanks.com, Rezvan is a 2-star analyst with an average return of 0.6% and a 49.2% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Par Pacific Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oasis Petroleum Inc with a $8.10 average price target.
See today’s analyst top recommended stocks >>
Based on Oasis Petroleum Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $222 million. In comparison, last year the company had a net profit of $590K.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
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.
