Oasis Petroleum Inc. (NYSE:OAS) Analyst Estimates

Oasis Petroleum Inc. (NYSE:OAS) stock is presently standing at about $13.22 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 34 analysts covering the company is $18.00, which suggests the stock could still rise over 27 percent. The highest analyst price target is $25.00, which implies a rally of 11 percent. And a quick view of analyst notes show that 13 are rating the stock a buy while 8 rate OAS a strong buy. There are 14 equity research firms advocating a Hold and 0 consider it Sell.

Macquarie analysts provided their view on Oasis Petroleum Inc. (NYSE:OAS) recently. The rating firm issued a Outperform rating to this company in a research note released on Jan 09, 2017. Williams Capital Group analysts disclosed their opinion on Oasis Petroleum Inc. (NYSE:OAS) recently. The rating firm gave a Hold rating to this stock in a research note published on Jan 03, 2017. According to a research note disclosed on Dec 21, 2016, analysts at Mizuho have lowered their rating on these shares from Buy to Neutral.

Oasis Petroleum Inc. (NYSE:OAS) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its N/A N/A sold N/A company shares for 15280, in a transaction on N/A. Following the transaction, the N/A is left with a stake of N/A shares, currently valued at $0. Meanwhile, N/A N/A sold N/A shares worth $N/A, through a transaction dated N/A. Following the completion of the transaction, the insider is left with a stake of N/A shares, amounting $0. OAS N/A N/A also sold N/A shares, at a stock price of N/A. This transaction occurred on N/A totals $N/A. After this transaction, the insider’s stake stands at N/A shares, with a market value of $0.

Executives hold 2.66 percent of the stock. Robert L. Zorich is one of the biggest insider owners in Oasis Petroleum Inc. (NYSE:OAS), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 7,284,753 shares which have current market value of around $96304434.66.Mr. Thomas B. Nusz is another major inside shareholder in the company. The insider owns 1,569,546 shares as of 0.66%, currently worth $20749398.12. Mr. Taylor L. Reid is ranked as third insider holder of the stock. This insider holds 1,240,727 shares with a market value around $16402410.94 as of recent close.

Oasis Petroleum Inc. (NYSE:OAS) Earnings Outlook

In Oasis Petroleum Inc. (NYSE:OAS)’s latest quarter, EPS moved to $-0.08 from $-0.17 in preceding quarter and revenues reached at $217.99M compared to $177.31M. Analysts had expected Oasis Petroleum Inc. (NYSE:OAS) to post net income of about $-0.12 per share on $203.48M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.12 to $-0.01. That is compared with the $-0.18 in EPS it reported during the same period a year ago.

Elbert Edwards: