UBS Asset Management Americas Inc. Cuts Holdings in Oasis Petroleum Inc. (OAS)

UBS Asset Management Americas Inc. lessened its stake in Oasis Petroleum Inc. (NYSE:OAS) by 98.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 400,980 shares of the energy producer’s stock after selling 33,484,399 shares during the quarter. UBS Asset Management Americas Inc. owned 0.15% of Oasis Petroleum worth $3,372,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in OAS. GMT Capital Corp acquired a new position in shares of Oasis Petroleum during the 3rd quarter worth $19,487,000. Alyeska Investment Group L.P. acquired a new position in shares of Oasis Petroleum during the 3rd quarter worth $10,935,000. Vaughan Nelson Investment Management L.P. increased its stake in shares of Oasis Petroleum by 119.7% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,136,100 shares of the energy producer’s stock worth $17,965,000 after purchasing an additional 1,163,675 shares during the last quarter. Hermes Investment Management Ltd. increased its stake in shares of Oasis Petroleum by 22.1% during the 4th quarter. Hermes Investment Management Ltd. now owns 5,808,937 shares of the energy producer’s stock worth $48,853,000 after purchasing an additional 1,052,304 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Oasis Petroleum by 10.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,331,449 shares of the energy producer’s stock worth $57,743,000 after purchasing an additional 576,272 shares during the last quarter. Hedge funds and other institutional investors own 89.13% of the company’s stock.

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Oasis Petroleum stock opened at $7.82 on Friday. Oasis Petroleum Inc. has a fifty-two week low of $6.69 and a fifty-two week high of $14.62. The company has a market cap of $2,483.60, a P/E ratio of 391.00 and a beta of 2.11. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.62 and a current ratio of 0.65.

Oasis Petroleum (NYSE:OAS) last released its quarterly earnings data on Tuesday, February 27th. The energy producer reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.07. Oasis Petroleum had a net margin of 9.92% and a return on equity of 0.16%. The business had revenue of $404.47 million for the quarter, compared to analyst estimates of $328.78 million. analysts expect that Oasis Petroleum Inc. will post 0.23 EPS for the current fiscal year.

A number of research analysts recently issued reports on OAS shares. SunTrust Banks lowered shares of Oasis Petroleum from a “buy” rating to a “hold” rating and set a $11.00 target price on the stock. in a research note on Tuesday, December 12th. Williams Capital set a $13.00 target price on shares of Oasis Petroleum and gave the company a “buy” rating in a research note on Tuesday, December 12th. Raymond James Financial set a $14.00 price target on shares of Oasis Petroleum and gave the company a “buy” rating in a report on Tuesday, December 12th. Royal Bank of Canada reissued a “buy” rating and issued a $14.00 price target on shares of Oasis Petroleum in a report on Wednesday, December 13th. Finally, Guggenheim downgraded shares of Oasis Petroleum from a “buy” rating to a “neutral” rating in a report on Wednesday, December 13th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $11.18.

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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.

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

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