First Trust Advisors LP acquired a new stake in Oasis Petroleum Inc. (NYSE:OAS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 207,381 shares of the energy producer’s stock, valued at approximately $1,744,000.

Several other institutional investors have also bought and sold shares of OAS. Nationwide Fund Advisors increased its position in shares of Oasis Petroleum by 3.9% in the third quarter. Nationwide Fund Advisors now owns 174,118 shares of the energy producer’s stock valued at $1,588,000 after buying an additional 6,563 shares in the last quarter. Sei Investments Co. increased its position in shares of Oasis Petroleum by 16,797.3% in the third quarter. Sei Investments Co. now owns 19,094 shares of the energy producer’s stock valued at $174,000 after buying an additional 18,981 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of Oasis Petroleum by 9.3% in the third quarter. New York State Common Retirement Fund now owns 789,372 shares of the energy producer’s stock valued at $7,199,000 after buying an additional 67,248 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Oasis Petroleum in the third quarter valued at approximately $142,000. Finally, Rhumbline Advisers increased its position in shares of Oasis Petroleum by 2.7% in the third quarter. Rhumbline Advisers now owns 366,534 shares of the energy producer’s stock valued at $3,343,000 after buying an additional 9,515 shares in the last quarter. Institutional investors and hedge funds own 89.13% of the company’s stock.

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Shares of Oasis Petroleum stock opened at $8.58 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2,537.59, a price-to-earnings ratio of 399.50 and a beta of 2.20. Oasis Petroleum Inc. has a 1-year low of $6.69 and a 1-year high of $15.27.

Oasis Petroleum (NYSE:OAS) last posted its quarterly earnings data on Tuesday, February 27th. The energy producer reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.07. The firm had revenue of $404.47 million for the quarter, compared to the consensus estimate of $328.78 million. Oasis Petroleum had a return on equity of 0.16% and a net margin of 9.92%. research analysts forecast that Oasis Petroleum Inc. will post 0.22 earnings per share for the current fiscal year.

A number of research firms have recently commented on OAS. Jefferies Group set a $12.00 price objective on Oasis Petroleum and gave the company a “buy” rating in a research report on Monday. Stephens reiterated a “buy” rating and set a $13.00 price target on shares of Oasis Petroleum in a research report on Thursday, March 15th. Bank of America cut Oasis Petroleum from a “neutral” rating to an “underperform” rating and set a $9.00 price target for the company. in a research report on Thursday, March 8th. Zacks Investment Research upgraded Oasis Petroleum from a “sell” rating to a “hold” rating in a research report on Thursday, March 8th. Finally, UBS started coverage on Oasis Petroleum in a research report on Wednesday, March 7th. They set a “neutral” rating and a $9.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Oasis Petroleum has a consensus rating of “Hold” and a consensus price target of $11.09.

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About Oasis Petroleum

Oasis Petroleum Inc is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its segments include Exploration and Production, Well Services, and Midstream Services.

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

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