Several brokerages have updated their recommendations and price targets on shares of Oasis Petroleum (NYSE: OAS) in the last few weeks:

  • 9/15/2016 – Oasis Petroleum was given a new $9.50 price target on by analysts at Canaccord Genuity. They now have a “hold” rating on the stock.
  • 9/14/2016 – Oasis Petroleum was given a new $10.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 9/14/2016 – Oasis Petroleum had its price target raised by analysts at Deutsche Bank AG from $11.00 to $12.00. They now have a “hold” rating on the stock.
  • 9/12/2016 – Oasis Petroleum had its price target raised by analysts at Citigroup Inc. from $13.00 to $14.00. They now have a “buy” rating on the stock.
  • 8/30/2016 – Oasis Petroleum was upgraded by analysts at Seaport Global Securities from a “neutral” rating to an “accumulate” rating. They now have a $12.00 price target on the stock, up previously from $10.00.
  • 8/29/2016 – Oasis Petroleum is now covered by analysts at Williams Capital. They set a “buy” rating and a $13.00 price target on the stock. They wrote, “We believe our production estimates will prove to be conservative,” analyst Gabriele Sorbara wrote in a note. The key catalysts include expected completion of Wild Basin area infrastructure in fall, update on the Bakken/TFS drilling/completion activity and potential joint venture/spinoff/sale of infrastructure/midstream assets.”We believe OAS’ balance sheet is in good shape, with total liquidity of approximately $1.1 billion and a net debt-to-EBITDA of 4.4x as of the end of 2Q16. While OAS has above average leverage, we believe it is manageable and the Company de-levers into 2018, based on our commodity price assumptions,” Sorbara added.At time of writing, shares of Oasis were up 1.20 percent at $9.70. Based on Friday’s close, the target price of $13 implies a potential upside of 35.56 percent.Full ratings data available on Benzinga Pro.Do you have ideas for articles/interviews you’d like to see more of on Benzinga? Please email [email protected] with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card! Posted-In: Analyst Color Long Ideas Price Target Commodities Initiation Markets Analyst Ratings Trading Ideas Best of Benzinga © 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.   Related Articles (OAS) Benzinga's Top Downgrades Watch These 10 Huge Put Purchases In Tuesday Trade Benzinga's Top Upgrades Mid-Afternoon Market Update: Trina Solar Gains Following Go-Private Deal; Insperity Shares Drop Benzinga's Top Upgrades View Comments and Join the Discussion! View the discussion thread. document.write(”) Trending Recent 1 MYL, AMRN: 10 Stocks Moving In Monday's Pre-Market Session 2 CF, AAPL: Barron's Picks And Pans: Best Dividend Stocks, Symantec, G… 3 SCSC, AMRN: Must Watch Stocks for August 29, 2016 4 ABBV, AZN: Here Are All The Big Biotech Mergers In 2016 5 LULU, ANF: High Hopes For Lululemon Earnings,… 6 MYL: Pharma Companies Are Spending Mi… 7 GOOG, NFLX: The Market In 5 Minute… 1 MU: For The First Time In Many Quarters, Deutsche Raises Estimates On Micron Technology 2 AMBA: Technical Alert: Ambarella Inc. Higher For Seventh Day In A Row 3 DIS: Technical Alert: Disney Co. Not Participating In Rally 4 MCUR, HLF: 15 Biggest Mid-Day Gainers For Monday 5 SPY: Barclays Maintains Call For A September Rate Hike Following… 6 MU: Technical Alert – Micron Technology Rallies Over $17 And… 7 USD/CAD Higher Ahead of Data View upcoming Earnings, Ratings, Dividend and Economic Calendars. News from e-generator.net (function() { var sc = document.createElement(‘script’); sc.type = ‘text/javascript’; sc.async = true; sc.src = ‘http://news.e-generator.com/data/js/80432.js’; sc.charset = ‘utf-8’; var s = document.getElementsByTagName(‘script’)[0]; s.parentNode.insertBefore(sc, s); }()); Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content. Popular ChannelsAnalyst RatingsBe Your Own BossETFsEconomicsForexHotNewsOptionsPress ReleasesStart-upsTechTools & FeaturesAffiliate ProgramFeedsNews WidgetReal Time FeedSitemapSubmit News TipsAbout BenzingaAbout UsLicensing and APIsApps (iOS and Android)Fintech AwardsBlogIn the NewsCareersContact UsDisclaimerPrivacy PolicySyndicationTerms and Conditions Benzinga Partners 1 (877) 440-9464 (ZING) © Copyright Benzinga Benzinga – Feed Your Mind News Markets Ratings Ideas Tech Small-Cap Personal Finance Premium Products Williams Capital Recommends A Hold On Parsley Energy, Despite It Being 'A Rare Growth Story'

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