Oasis Petroleum Inc.

OAS-N

NYSE:OAS

0.16
0.00 (0.00%)
Oasis Petroleum Inc. is a petroleum and natural gas exploration and production company headquartered in Houston, Texas, with an office in Williston, North Dakota.
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Analysis and Opinions about OAS-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 5, 2018

A name in transition. Used to be viewed as a leveraged way to play oil because they had financial leverage and were in the US Bakken play, which is still exceptional economics in a lot of their acreage. In the fall, they did a massively diluted share offering to purchase acreage in the Permian, paying fairly aggressive prices. The investor base which own the story for the Bakken exposure, suddenly got a company with no technical competency in the Permian, which raises the question about a possible inventory issue. With all those question marks, people hit the jettison button and the stock fell 20%. It's going to take several quarters for them to drill wells, prove their competency, test up their acreage, etc. Why not have money in another stock that is not experiencing that transition.

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A name in transition. Used to be viewed as a leveraged way to play oil because they had financial leverage and were in the US Bakken play, which is still exceptional economics in a lot of their acreage. In the fall, they did a massively diluted share offering to purchase acreage in the Permian, paying fairly aggressive prices. The investor base which own the story for the Bakken exposure, suddenly got a company with no technical competency in the Permian, which raises the question about a possible inventory issue. With all those question marks, people hit the jettison button and the stock fell 20%. It's going to take several quarters for them to drill wells, prove their competency, test up their acreage, etc. Why not have money in another stock that is not experiencing that transition.

BUY WEAKNESS
BUY WEAKNESS
September 15, 2017

Typically, a higher beta US name. In the US, if you want beta without going to crazy, you typically buy this one. Tends to be higher volatility than others. They’re spinning out some of their midstream assets to pay down some of the debt. Using more sand and getting very strong incremental economics on their wells. It should be a benefactor of some money coming out of some of the Permian. If the stock traded off, he would consider owning some.

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Oasis Petroleum Inc. (OAS-N)
September 15, 2017

Typically, a higher beta US name. In the US, if you want beta without going to crazy, you typically buy this one. Tends to be higher volatility than others. They’re spinning out some of their midstream assets to pay down some of the debt. Using more sand and getting very strong incremental economics on their wells. It should be a benefactor of some money coming out of some of the Permian. If the stock traded off, he would consider owning some.

HOLD
HOLD
September 5, 2017

Energy can’t seem to break through that US $50 figure. With the shutdown and some of the refining capacity in the Gulf, there is less demand for the raw feed stock, which has also depressed prices. Energy has been the worst performer this year, being down about 17%. You buy companies like this for the reserves they control or have in the ground. If you are patient, you are going to see higher prices.

Show full opinionHide full opinion

Energy can’t seem to break through that US $50 figure. With the shutdown and some of the refining capacity in the Gulf, there is less demand for the raw feed stock, which has also depressed prices. Energy has been the worst performer this year, being down about 17%. You buy companies like this for the reserves they control or have in the ground. If you are patient, you are going to see higher prices.

COMMENT
COMMENT
July 19, 2017

A fine company, but not one of his favourite US producers. It has a little more debt than the average company on consensus for next year, which would be higher than strip oil prices. Debt would be about 2.6X, while the average in the Permian is 1.2X. Well results have been improving steadily over the past couple of years, as they have been using more frac sand with better results. He has been warming up to the name.

Show full opinionHide full opinion

A fine company, but not one of his favourite US producers. It has a little more debt than the average company on consensus for next year, which would be higher than strip oil prices. Debt would be about 2.6X, while the average in the Permian is 1.2X. Well results have been improving steadily over the past couple of years, as they have been using more frac sand with better results. He has been warming up to the name.

BUY
BUY
March 23, 2017

He likes them because they are early on in applying advancements in technology to increase recoveries in wells. They are using more sand, an important theme. They did a pretty good job of navigating the downturn. They should soon get a re-rate. They have improved their balance sheet. Sentiment is as bad a Jan/Feb of last year when oil was about $29, vs. $48 now.

Show full opinionHide full opinion

He likes them because they are early on in applying advancements in technology to increase recoveries in wells. They are using more sand, an important theme. They did a pretty good job of navigating the downturn. They should soon get a re-rate. They have improved their balance sheet. Sentiment is as bad a Jan/Feb of last year when oil was about $29, vs. $48 now.

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Oasis Petroleum Inc.(OAS-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Oasis Petroleum Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Oasis Petroleum Inc.(OAS-N) Frequently Asked Questions

What is Oasis Petroleum Inc. stock symbol?

Oasis Petroleum Inc. is a American stock, trading under the symbol OAS-N on the New York Stock Exchange (OAS). It is usually referred to as NYSE:OAS or OAS-N

Is Oasis Petroleum Inc. a buy or a sell?

In the last year, there was no coverage of Oasis Petroleum Inc. published on Stockchase.

Is Oasis Petroleum Inc. a good investment or a top pick?

Oasis Petroleum Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Oasis Petroleum Inc..

Why is Oasis Petroleum Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Oasis Petroleum Inc. worth watching?

In the last year, there was no coverage of Oasis Petroleum Inc. published on Stockchase.

What is Oasis Petroleum Inc. stock price?

On 2020-10-09, Oasis Petroleum Inc. (OAS-N) stock closed at a price of $0.155.