Oasis Petroleum (NYSE:OAS) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Oasis Petroleum (NYSE:OASGet Rating) in a report released on Friday morning. The brokerage issued a hold rating on the stock.

Oasis Petroleum Stock Performance

NYSE:OAS opened at $0.12 on Friday. Oasis Petroleum has a 1-year low of $79.31 and a 1-year high of $181.34. The company’s fifty day simple moving average is $0.12.

Institutional Trading of Oasis Petroleum

A hedge fund recently bought a new stake in Oasis Petroleum stock. Inscription Capital LLC bought a new position in Oasis Petroleum Inc. (NYSE:OASGet Rating) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 570,062 shares of the company’s stock, valued at approximately $69,348,000. Oasis Petroleum makes up about 12.5% of Inscription Capital LLC’s holdings, making the stock its largest holding. Inscription Capital LLC owned about 2.90% of Oasis Petroleum at the end of the most recent reporting period.

Oasis Petroleum Company Profile

(Get Rating)

Oasis Petroleum, Inc is an independent exploration and production company with quality and sustainable long-lived assets in the Williston and Delaware Basins. The Company is uniquely positioned with a best-in-class balance sheet and is focused on rigorous capital discipline and generating free cash flow by operating efficiently, safely and responsibly to develop its unconventional onshore oil-rich resources in the continental United States.

See Also

Receive News & Ratings for Oasis Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oasis Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.