The President & COO of Oasis Petroleum Inc (OAS) is Selling Shares


Today, the President & COO of Oasis Petroleum Inc (OAS), Taylor Reid, sold shares of OAS for $241.2K.

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Based on Oasis Petroleum Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $546 million and quarterly net profit of $62.34 million. In comparison, last year the company earned revenue of $305 million and had a GAAP net loss of $41.21 million. Currently, Oasis Petroleum Inc has an average volume of 7.18M.

Based on 14 analyst ratings, the analyst consensus is Strong Buy with an average price target of $15.88, reflecting a 105.2% upside.

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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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