- OAS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $120.0 million.
- OAS has traded 138,237 shares today.
- OAS is up 3.1% today.
- OAS was down 5.6% yesterday.
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 unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. OAS has a PE ratio of 3.5. Currently there are 8 analysts that rate Oasis Petroleum a buy, no analysts rate it a sell, and 10 rate it a hold. The average volume for Oasis Petroleum has been 9.9 million shares per day over the past 30 days. Oasis has a market cap of $2.5 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.76 and a short float of 23.4% with 4.07 days to cover. Shares are up 7.6% year-to-date as of the close of trading on Monday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Oasis Petroleum as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and reasonable valuation levels. 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. Highlights from the ratings report include:
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 223.9% when compared to the same quarter one year prior, rising from $54.49 million to $176.50 million.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. When compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, OASIS PETROLEUM INC's return on equity exceeds that of the industry average and significantly exceeds that of the S&P 500.
- Despite the weak revenue results, OAS has outperformed against the industry average of 33.1%. Since the same quarter one year prior, revenues fell by 10.2%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- OAS's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 61.43%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- The debt-to-equity ratio of 1.44 is relatively high when compared with the industry average, suggesting a need for better debt level management. Along with this, the company manages to maintain a quick ratio of 0.44, which clearly demonstrates the inability to cover short-term cash needs.
- You can view the full Oasis Petroleum Ratings Report.
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