Today, the EVP & CFO of Oasis Petroleum Inc (OAS), Michael Lou, sold shares of OAS for $241.6K.
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Based on Oasis Petroleum Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $600 million and quarterly net profit of $222 million. In comparison, last year the company earned revenue of $404 million and had a net profit of $125 million. Currently, Oasis Petroleum Inc has an average volume of 7.83M.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $8.44, reflecting a 39.7% upside.
Michael Lou’s trades have generated a -3.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
