Oasis Petroleum Inc. (NYSE: OAS) downgraded to Hold by Wunderlich
Wunderlich downgraded Oasis Petroleum Inc. (NYSE: OAS) to Hold. Wunderlich
rated Oasis Petroleum Inc. (NYSE: OAS) to Buy with price target $14 on 08/06/2015, when the price was $8.45.
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.
Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich
Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service.
's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.