Williams Capital Maintains Their Buy Rating on Oasis Petroleum Inc (OAS)

By Ryan Adsit

Williams Capital analyst Gabriele Sorbara maintained a Buy rating on Oasis Petroleum Inc (OASResearch Report) today and set a price target of $9. The company’s shares closed yesterday at $5.40, close to its 52-week low of $4.74.

According to TipRanks.com, Sorbara has currently no stars on a ranking scale of 0-5 stars, with an average return of -8.8% and a 33.1% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Carrizo Oil & Gas.

Currently, the analyst consensus on Oasis Petroleum Inc is a Moderate Buy with an average price target of $8.10.

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The company has a one-year high of $14.57 and a one-year low of $4.74. Currently, Oasis Petroleum Inc has an average volume of 10.11M.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.

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Oasis Petroleum, Inc. engages in the acquisition, development, and exploration of onshore, unconventional oil and natural gas resources. It operates through the following business segments: Exploration and Production, Midstream Services, and Well Services. The Exploration and Production segment refers to the sale of oil, and natural gas production.