Oasis Petroleum Inc (OAS) Gets a Hold Rating from Oppenheimer


Oppenheimer analyst Tim Rezvan maintained a Hold rating on Oasis Petroleum Inc (OAS) yesterday. The company’s shares closed yesterday at $5.90, close to its 52-week low of $4.74.

According to TipRanks.com, Rezvan is a 2-star analyst with an average return of 0.2% and a 50.0% 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 $9.50 average price target.

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The company has a one-year high of $14.57 and a one-year low of $4.74. Currently, Oasis Petroleum Inc has an average volume of 10.5M.

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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.

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