Oasis Petroleum Inc. found using ticker (OAS) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 236 and 157 calculating the average target price we see 204.83. Now with the previous closing price of 106.65 this indicates there is a potential upside of 92.1%. There is a 50 day moving average of 140 and the 200 moving average now moves to 134.14. The market capitalisation for the company is $2,145m. Company Website: https://www.oasispetroleum.com
The potential market cap would be $4,120m based on the market concensus.
As of July 1, 2022, Oasis Petroleum Inc. was acquired by Whiting Petroleum Corporation, in a reverse merger transaction. 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.
