Oasis Petroleum Inc. with ticker code (OAS) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 188 and 138 calculating the average target price we see 163.63. Now with the previous closing price of 144.58 this now indicates there is a potential upside of 13.2%. The 50 day MA is 128.08 and the 200 day MA is 103.82. The company has a market capitalisation of $2,855m. Find out more information at: https://www.oasispetroleum.com
The potential market cap would be $3,232m based on the market concensus.
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 United States. It operates through Exploration and Production(E&P), and Midstream segments. The E&P segment engages in the acquisition and development of oil and gas properties. The Midstream segment offers midstream services, such as natural gas gathering, compression, processing and, gas lift supply; crude oil gathering, terminaling, and transportation; produced and flowback water gathering, and disposal; and water distribution. As of December 31, 2020, the company had 401,766 net leasehold acres in the Williston Basin; and 24,396 net leasehold acres in the Permian Basin, as well as approximately 152.2 million barrels of oil equivalent of estimated net proved reserves. The company sells its crude oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas.
