CWM Advisors LLC bought a new stake in Oasis Petroleum Inc. (NYSE:OAS) in the 4th quarter, HoldingsChannel.com reports. The fund bought 16,096 shares of the energy producer’s stock, valued at approximately $89,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in OAS. Vanguard Group Inc. raised its holdings in shares of Oasis Petroleum by 1.7% in the third quarter. Vanguard Group Inc. now owns 27,628,999 shares of the energy producer’s stock worth $391,779,000 after buying an additional 462,112 shares during the last quarter. Vanguard Group Inc raised its holdings in shares of Oasis Petroleum by 1.7% in the third quarter. Vanguard Group Inc now owns 27,628,999 shares of the energy producer’s stock worth $391,779,000 after buying an additional 462,112 shares during the last quarter. Federated Investors Inc. PA raised its holdings in shares of Oasis Petroleum by 835.9% in the third quarter. Federated Investors Inc. PA now owns 5,060,562 shares of the energy producer’s stock worth $71,759,000 after buying an additional 4,519,836 shares during the last quarter. Macquarie Group Ltd. raised its holdings in shares of Oasis Petroleum by 1.3% in the third quarter. Macquarie Group Ltd. now owns 4,721,591 shares of the energy producer’s stock worth $66,952,000 after buying an additional 62,784 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Oasis Petroleum by 33.5% in the second quarter. Bank of New York Mellon Corp now owns 4,422,534 shares of the energy producer’s stock worth $57,362,000 after buying an additional 1,110,344 shares during the last quarter. Institutional investors own 98.18% of the company’s stock.

A number of research analysts have issued reports on the stock. Williams Capital set a $11.00 price target on shares of Oasis Petroleum and gave the stock a “buy” rating in a report on Wednesday, December 12th. Susquehanna Bancshares raised shares of Oasis Petroleum from a “neutral” rating to a “positive” rating and set a $13.00 price target for the company in a report on Thursday, November 15th. ValuEngine cut shares of Oasis Petroleum from a “sell” rating to a “strong sell” rating in a report on Saturday, December 1st. BMO Capital Markets cut shares of Oasis Petroleum from an “outperform” rating to a “market perform” rating in a report on Monday, January 7th. Finally, TheStreet cut shares of Oasis Petroleum from a “c” rating to a “d+” rating in a report on Monday, November 19th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the company. Oasis Petroleum presently has a consensus rating of “Hold” and a consensus target price of $13.30.

Shares of Oasis Petroleum stock opened at $5.76 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.59 and a quick ratio of 0.55. Oasis Petroleum Inc. has a 1 year low of $4.74 and a 1 year high of $14.57. The firm has a market cap of $1.85 billion, a P/E ratio of 288.00, a price-to-earnings-growth ratio of 0.97 and a beta of 2.15.

Oasis Petroleum (NYSE:OAS) last issued its earnings results on Monday, November 5th. The energy producer reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.04). Oasis Petroleum had a positive return on equity of 3.12% and a negative net margin of 7.08%. The business had revenue of $546.50 million for the quarter, compared to analysts’ expectations of $455.65 million. Oasis Petroleum’s revenue was up 79.4% compared to the same quarter last year. As a group, equities analysts anticipate that Oasis Petroleum Inc. will post 0.35 earnings per share for the current fiscal year.

In related news, insider Taylor L. Reid sold 30,000 shares of the firm’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $8.04, for a total transaction of $241,200.00. Following the completion of the transaction, the insider now owns 1,216,576 shares of the company’s stock, valued at $9,781,271.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

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Oasis Petroleum Company Profile

Oasis Petroleum Inc, an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin, and Permian Basin. As of December 31, 2017, the company had 502,660 net leasehold acres in the Williston Basin; and approximately 312.2 million barrels of oil equivalent of estimated net proved reserves.

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Institutional Ownership by Quarter for Oasis Petroleum (NYSE:OAS)

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