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Oasis Petroleum Inc. (OAS) [hlAlert]

Rating:
Neutral OAS

Oasis Petroleum Inc. (OAS) rated Neutral by Sterne Agee CRT

Posted on: Thursday,  Jan 28, 2016  10:25 AM ET by Sterne Agee CRT

Oasis Petroleum Inc. (NYSE:
OAS) rated Neutral by Sterne Agee CRT.

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.

Sterne Agee CRT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2016 10:25 AM Hold
None
4.92
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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