$8.26 EPS Expected for Oasis Petroleum Inc. (NYSE:OAS) This Quarter

Wall Street brokerages expect Oasis Petroleum Inc. (NYSE:OASGet Rating) to post earnings of $8.26 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Oasis Petroleum’s earnings. The highest EPS estimate is $9.13 and the lowest is $7.00. Oasis Petroleum reported earnings per share of $2.76 during the same quarter last year, which would indicate a positive year over year growth rate of 199.3%. The firm is scheduled to report its next earnings report on Monday, January 1st.

On average, analysts expect that Oasis Petroleum will report full-year earnings of $33.11 per share for the current fiscal year, with EPS estimates ranging from $28.82 to $39.81. For the next financial year, analysts forecast that the business will report earnings of $39.21 per share, with EPS estimates ranging from $31.11 to $51.46. Zacks’ EPS calculations are an average based on a survey of analysts that cover Oasis Petroleum.

Oasis Petroleum (NYSE:OASGet Rating) last issued its quarterly earnings data on Wednesday, February 23rd. The company reported $4.25 EPS for the quarter, missing the consensus estimate of $5.36 by ($1.11). The firm had revenue of $521.58 million during the quarter, compared to the consensus estimate of $377.00 million.

Separately, StockNews.com began coverage on Oasis Petroleum in a report on Thursday, March 31st. They set a “hold” rating for the company.

Shares of NYSE OAS opened at $148.19 on Friday. Oasis Petroleum has a 12 month low of $71.24 and a 12 month high of $158.48. The stock’s 50-day simple moving average is $144.79.

Oasis Petroleum Company Profile (Get Rating)

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.

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