Proficio Capital Partners LLC Takes Position in Oasis Petroleum Inc. (OAS)

Proficio Capital Partners LLC bought a new stake in shares of Oasis Petroleum Inc. (NYSE:OAS) during the fourth quarter, HoldingsChannel.com reports. The fund bought 47,200 shares of the energy producer’s stock, valued at approximately $397,000.

Several other large investors have also bought and sold shares of OAS. Raymond James Trust N.A. acquired a new stake in shares of Oasis Petroleum during the 4th quarter valued at about $108,000. Cerebellum GP LLC acquired a new stake in Oasis Petroleum in the 4th quarter worth about $129,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Oasis Petroleum by 103.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,165 shares of the energy producer’s stock worth $138,000 after buying an additional 7,720 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Oasis Petroleum in the 3rd quarter worth about $142,000. Finally, Advisory Services Network LLC boosted its holdings in Oasis Petroleum by 14.1% in the 2nd quarter. Advisory Services Network LLC now owns 19,400 shares of the energy producer’s stock worth $156,000 after buying an additional 2,400 shares during the last quarter. Hedge funds and other institutional investors own 85.49% of the company’s stock.

Several research firms recently issued reports on OAS. KeyCorp reiterated an “overweight” rating on shares of Oasis Petroleum in a report on Wednesday, November 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $13.00 price objective (up from $12.00) on shares of Oasis Petroleum in a report on Thursday, November 9th. Cowen reiterated a “buy” rating and issued a $12.00 price objective on shares of Oasis Petroleum in a report on Friday, November 10th. SunTrust Banks cut Oasis Petroleum from a “buy” rating to a “hold” rating and set a $11.00 price objective on the stock. in a report on Tuesday, December 12th. Finally, Raymond James Financial set a $14.00 price objective on Oasis Petroleum and gave the stock a “buy” rating in a report on Tuesday, December 12th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $11.96.

Oasis Petroleum Inc. (OAS) opened at $7.93 on Monday. Oasis Petroleum Inc. has a twelve month low of $6.69 and a twelve month high of $15.27. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 0.77.

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Oasis Petroleum Profile

Oasis Petroleum Inc is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its segments include Exploration and Production, Well Services, and Midstream Services.

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Institutional Ownership by Quarter for Oasis Petroleum (NYSE:OAS)

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