Oasis Petroleum Inc. with ticker code (OAS) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 234 and 157 calculating the mean target price we have 200.83. Now with the previous closing price of 141.7 this indicates there is a potential upside of 41.7%. The day 50 moving average is 143.16 and the 200 moving average now moves to 120.52. The company has a market cap of $2,804m. Company Website: https://www.oasispetroleum.com
The potential market cap would be $3,973m 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 engages in the acquisition and development of oil and gas properties. As of December 31, 2021, the company had 492,355 net leasehold acres in the Williston Basin. 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.