Oasis Petroleum Inc (OAS): Today's Featured Energy Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Oasis Petroleum ( OAS) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.6%. By the end of trading, Oasis Petroleum rose $0.46 (1.0%) to $45.37 on average volume. Throughout the day, 2,268,786 shares of Oasis Petroleum exchanged hands as compared to its average daily volume of 1,635,700 shares. The stock ranged in a price between $44.75-$45.37 after having opened the day at $45.01 as compared to the previous trading day's close of $44.91. Other companies within the Energy industry that increased today were: SMF Energy Corporation ( FUEL), up 93.5%, Andatee China Marine Fuel Services Corporat ( AMCF), up 22.8%, MagneGas Corporation ( MNGA), up 14.1% and Tengasco ( TGC), up 8.0%.

Oasis Petroleum Inc., an independent exploration and production company, engages in the acquisition and development of oil and natural gas resources in the Montana and North Dakota regions of the Williston Basin. Its primary projects are located in West Williston, East Nesson, and Sanish. Oasis Petroleum has a market cap of $4.1 billion and is part of the basic materials sector. Shares are up 38.8% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Oasis Petroleum a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Oasis Petroleum as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Dawson Geophysical Company ( DWSN), down 13.6%, TransAtlantic Petroleum ( TAT), down 12.9%, Dejour Energy ( DEJ), down 10.0% and PrimeEnergy ( PNRG), down 8.6% , were all laggards within the energy industry with Petroleo Brasileiro SA Petrobras ( PBR) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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