This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Oasis Petroleum CEO Discusses Q3 2011 Results - Earnings Call Transcript

Oasis Petroleum Inc. ( OAS)

Q3 2011 Earnings Conference Call

November 8, 2011 11:00 AM ET

Executives

Michael Lou – Chief Financial Officer

Thomas Nusz – President and CEO

Taylor Reid – Chief Operating Officer

Analysts

Ron Mills – Johnson Rice & Company

Marty Beskow – Northland Capital Markets

Marcus Talbert – Canaccord

William Butler – Stephens

Dave Kistler – Simmons & Company

Andrew Coleman – Raymond James

Jason Wrangler – SunTrust Robinson Humphrey

Scott Hanold – RBC

David Snow – Juniper Research

Peter Mahon – Dougherty & Company

David Deckelbaum – KeyBanc Capital Markets Inc.

Presentation

Operator

Good morning, my name is Robin [ph] and I will be your conference operator today. At this time, I would like to welcome everyone to the Third Quarter 2011 Earnings Release and Operations Update for Oasis Petroleum. All lines have been placed on mute to prevent any background noise. (Operator instructions).

Thank you, Mr. Lou, you may begin your conference.

Michael Lou

Thank you, Robin [ph], good morning everyone, this is Michael Lou. We are reporting our third quarter ending September 30, 2011 results today, and we’re delighted to have you on our call. I’m joined today by Tommy Nusz and Taylor Reid, as well as other member of the team.

Please be advised that our following remarks including the answers to your questions include statements that we believe to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties that could the cause actual results to be materially different from those currently anticipated.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs