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

Neutral OAS

Oasis Petroleum Inc. (OAS) downgraded to Neutral with price target $36 by UBS

Posted on: Thursday,  Jan 19, 2012  11:25 AM ET by UBS

UBS rated Neutral Oasis Petroleum Inc. (NYSE: OAS) on 01/19/2012. Previously UBS rated Buy Oasis Petroleum
Inc. (NYSE: OAS) on 08/15/2011., when the stock price was $26.01. Since then, Oasis Petroleum Inc. has gained 32.41% of its value until UBS rated OAS Buy on 01/19/2012, when the price was $34.44. .

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/15/2015 12:25 PM Hold
8.83 9.00
as of 12/31/2012
1 Week up  1.76 %
1 Month up  5.22 %
3 Months up  7.90 %
1 YTD up  50.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2015 1:25 PM Buy
11.91 14.00
2/5/2014 12:25 PM Buy
39.09 54.00
8/7/2013 11:25 AM Buy
42.21 48.00
2/1/2013 11:25 AM Buy
37.68 40.00
6/18/2012 11:25 AM Buy
24.02 34.00
1/19/2012 11:25 AM Hold
34.44 36.00
8/15/2011 11:25 AM Buy
26.01 33.00
7/27/2010 11:25 AM Buy
16.56 20.00

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