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Enter Symbol:
Oasis Petroleum Inc. (OAS) [hlAlert]

down 77.53 %

Oasis Petroleum Inc. (OAS) rated Outperform with price target $58 by Northland Capital

Posted on: Wednesday,  Oct 2, 2013  8:25 AM ET by Northland Capital

Northland Capital rated Outperform Oasis Petroleum Inc. (NYSE: OAS) on 10/02/2013. Previously Northland Capital rated Outperform Oasis Petroleum Inc. (NYSE: OAS) on
08/08/2013., when the stock price was $42.15. Since then, Oasis Petroleum Inc. has lost 77.53% as of 01/28/2016's recent price of $9.47.
If you would have followed the previous Northland Capital's recommendation on OAS, you would have lost 77.53% of your investment in 903 days.

Oasis Petroleum Inc. is an independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas resources. The Company?s assets, which consist of proved and unproved oil and natural gas properties, are located primarily in the Montana and North Dakota areas of the Williston Basin, and are owned by Oasis Petroleum North America LLC (OPNA), a wholly owned subsidiary of the Company. As of December 31, 2010, the Company accumulated 303,231 net leasehold acres in the Williston Basin. The Company is focused on exploiting what it has identified as a resource potential from the Bakken and Three Forks formations, which are present across its acreage. During the year ended December 31, 2010, the Company drilled and completed 26 gross operated wells in the Williston Basin and found hydrocarbons. In Williston Basin the Company acquired three primary project areas: West Williston, East Nesson and Sanish.

Northland Capital
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/2/2013 8:25 AM Buy
50.31 58.00
as of 12/13/2013
1 Week down  -0.80 %
1 Month down  -11.99 %
3 Months up  4.35 %
1 YTD down  -11.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2013 8:25 AM Buy
42.15 55.00

(*) Stock Price at the time of the recommendation.
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