Williams Capital Thinks Oasis Petroleum Inc’s Stock is Going to Recover


Williams Capital analyst Gabriele Sorbara reiterated a Buy rating on Oasis Petroleum Inc (OAS) today and set a price target of $11. The company’s shares closed yesterday at $5.90, close to its 52-week low of $4.74.

According to TipRanks.com, Sorbara has currently no stars on a ranking scale of 0-5 stars, with an average return of -9.7% and a 34.1% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Carrizo Oil & Gas.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oasis Petroleum Inc with a $9.25 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 10.54M.

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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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