Large Outflow of Money Witnessed in Oasis Petroleum Inc.

Oasis Petroleum Inc. (OAS) managed to eke out gains of 1.1% in intraday trade. The share price increased by 0.16 points to $14.3. Till last observation, the net money flow was recorded at a negative $(-3.35) million. The total inflow of $19.22 million in upticks was completely overshadowed by an outflow of $22.57 million in downticks, giving the up/down ratio a value of 0.85. The shares have seen a change of -4% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $7.5 million and the composite value in downticks was $10.87 million. The resultant up/down ratio for the block exchange was 0.69. The block trade had a negative money flow of $(-3.37) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Oasis Petroleum Inc. has lost 1.77% in the last five trading days and dropped 4.82% in the last 4 weeks. Oasis Petroleum Inc. is up 37.37% in the last 3-month period. Year-to-Date the stock performance stands at -4.82%. Oasis Petroleum Inc. (NYSE:OAS) rose 1.91% or 0.27 points on Wednesday and made its way into the gainers of the day. After trading began at $14.38 the stock was seen hitting $14.44 as a peak level and $13.9 as the lowest level. The stock ended up at $14.41. The daily volume was measured at 8,160,816 shares. The 52-week high of the share price is $17.08 and the 52-week low is $4.01. The company has a market cap of $3,406 million.

Company has reported several Insider transactions to the SEC, on Sep 28, 2016, Taylor L Reid (President and COO) sold 25,000 shares at 9.42 per share price.On Aug 12, 2016, Thomas B Nusz (Chairman and CEO) sold 200,000 shares at 8.92 per share price.On Mar 6, 2015, Michael Mcshane (director) purchased 50,000 shares at 12.80 per share price.

Oasis Petroleum Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.19 EPS for the quarter. Analyst had a consensus estimate of $-0.19. The company had revenue of $177.13 million for the quarter, compared to analysts expectations of $185.30 million. The companys revenue was down -10.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.09 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Oasis Petroleum was Upgraded by Macquarie to Outperform on Jan 9, 2017. Company shares were Downgraded by Williams Capital Group on Jan 3, 2017 to Hold, Raises Price Target to $ 16.50 from a previous price target of $16 .Oasis Petroleum was Downgraded by Mizuho on Dec 21, 2016 to Neutral, Price Target of the shares are set at $17.Oasis Petroleum was Downgraded by Seaport Global Securities to Neutral on Dec 9, 2016. Company shares were Upgraded by Wunderlich on Nov 9, 2016 to Buy, Raises Price Target to $ 14 from a previous price target of $13 .

Oasis Petroleum Inc. is an independent exploration and production company focused on the acquisition and development of oil and natural gas resources. The Company is currently focused on exploiting resource potential from the Bakken and Three Forks formations, which are present across a substantial majority of its acreage. Oasis Petroleum Inc. is based in Houston, Texas.


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