Trade-Ideas: Oasis Petroleum (OAS) Is Today's Post-Market Leader Stock

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.

Trade-Ideas LLC identified Oasis Petroleum ( OAS) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Oasis Petroleum as such a stock due to the following factors:

  • OAS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $61.2 million.
  • OAS is down 2.5% today from today's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in OAS with the Ticky from Trade-Ideas. See the FREE profile for OAS NOW at Trade-Ideas

More details on OAS:

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. OAS has a PE ratio of 14.5. Currently there are 17 analysts that rate Oasis Petroleum a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Oasis Petroleum has been 1.5 million shares per day over the past 30 days. Oasis has a market cap of $4.7 billion and is part of the basic materials sector and energy industry. The stock has a beta of 2.06 and a short float of 10.6% with 4.94 days to cover. Shares are up 1.5% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Roku, Nucana and Other IPOs That Should Be on Your Radar in 2017

Energy M&A Weekly: More Midstream IPOs Expected in 2017

Tesla and Apple Better Deliver Big-Time or Look Out Below -- Week Ahead

This Oil Rally Will Sustain Itself Into Year-End

Oil Needs Help to Keep This Market Running