GMT Capital Corp now owns 572,800 shares of the company's stock valued at $5,350,000 after buying an additional 312,400 shares in the last quarter. (NYSE:OAS). The Alberta - Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp has invested 0.02% in Oasis Petroleum Inc. Teacher Retirement System of Texas raised its stake in Oasis Petroleum by 6.3% during the 2nd quarter.
Oasis Petroleum Inc. (OAS) lies in the middle of a wide and falling trend in the short term and pointed towards extra losses. The rating was downgraded by Goldman Sachs to "Sell" on Tuesday, October 18. Oasis Petroleum Inc. had 110 analyst reports since July 21, 2015 according to SRatingsIntel. Advisory Services Network LLC now owns 19,400 shares of the energy producer's stock valued at $156,000 after purchasing an additional 2,400 shares during the period. Emerald Acquisition Ltd. purchased a new position in shares of Oasis Petroleum during the second quarter valued at about $782,000. Henderson Group PLC now owns 146,686 shares of the company's stock valued at $1,370,000 after buying an additional 3,138 shares in the last quarter. DekaBank Deutsche Girozentrale now owns 11,819 shares of the energy producer's stock valued at $164,000 after buying an additional 1,526 shares in the last quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business.
Headquartered in Houston, Oasis Petroleum is engaged in the acquisition and development of oil and natural gas.
(NYSE:OAS) in recent headlines. It has a market cap of $1.82 Billion. Oasis Petroleum Inc. (NYSE:OAS) is -38.5% below its 200-day moving average, providing a measure of resistance for long positions. The energy producer reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.01. The company had revenue of $254.10 million during the quarter, compared to analysts' expectations of $255.41 million. Oasis Petroleum had a negative return on equity of 2.43% and a negative net margin of 5.16%. The business's quarterly revenue was up 42.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.11) EPS. A total of 6.29 Million shares exchanged at hands and its Average Volume (3 months) is 9.13 Million. (NYSE:OAS). Mckinley Capital Mngmt Ltd Limited Liability Company Delaware reported 257,396 shares stake. Jefferies Group LLC reiterated a "buy" rating and set a $17.00 price objective on shares of Oasis Petroleum in a research report on Wednesday, May 17th. The company has a consensus rating of "Hold" and a consensus price target of $14.48. A rating of 4 or 5 would indicate a Sell.
In terms of Buy, Sell or Hold recommendations, Oasis Petroleum Inc (NYSE:OAS) has analysts' mean recommendation of 2.1.
On July 21 Citigroup made no change to the stock rating of "Buy" and moved down the price target from $13.00 to $12.00. Hedge funds and other institutional investors own 93.57% of the company's stock. (OAS) stock showed the move of 0.99% with the closing price of $7.17. The firm owned 1,107,928 shares of the energy producer's stock after selling 1,555,493 shares during the quarter. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. "(OAS) Shares Bought by Bank of New York Mellon Corp" was first posted by Week Herald and is the property of of Week Herald.
COPYRIGHT VIOLATION NOTICE: This report was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. DekaBank Deutsche Girozentrale lifted its holdings in shares of Oasis Petroleum by 14.8% in the 1st quarter. The partnership's operations are located exclusively in the Williston Basin area of North Dakota and Montana.