Back to top

Oasis Petroleum (OAS)in Focus: Stock Moves 9.4% Higher
September 14, 2017

Read MoreHide Full Article

Oasis Petroleum Inc. (OAS - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.95 to $7.76 in the past one-month time frame.

The stock gained after the company reported that an initial public offering has been launched for its new master limited partnership, Oasis Midstream Partners LP.

The company has seen a mixed track record when it comes to estimate revisions of two increases and two decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarterremained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Oasis Petroleum currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Oil and Gas - Exploration and Production - United States  industry is Lonestar Resources US Inc. (LONE - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is OAS going up? Or down? Predict to see what others think: Up or Down

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.

See these buy recommendations now >>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Oasis Petroleum Inc. (OAS) - free report >>

Lonestar Resources US Inc. (LONE) - free report >>


More from Zacks Tale of the Tape

You May Like