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

Rating:
Mkt Perform
OAS

Oasis Petroleum Inc. Common Sto (OAS) rated Mkt Perform by Morgan Keegan

Posted on: Wednesday,  Nov 3, 2010  8:25 AM ET by Morgan Keegan

Oasis Petroleum Inc. Common
Sto (OAS) rated Mkt Perform by Morgan Keegan.

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.

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2011 8:25 AM Buy
None
21.92 34.00
as of 8/27/2015
1 Week down  -1.96 %
1 Month down  -41.83 %
3 Months down  -43.89 %
1 YTD down  -79.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2010 8:25 AM Hold
None
21.77

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