Crude oil futures fell to a five-year low of $63.72 a barrel in overnight trading Sunday, according to Market Watch, though WTI crude oil prices were gaining 1.2% to $67.30 a barrel Monday morning. Brent crude oil futures were gaining 1.2% to $71.33 a barrel in morning trading.
Must Read: Warren Buffett's 25 Favorite Stocks
TheStreet Ratings team rates OASIS PETROLEUM INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate OASIS PETROLEUM INC (OAS) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself."