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Oasis Petroleum Inc (OAS.N)

OAS.N on New York Stock Exchange

13.32USD
29 Mar 2017
Change (% chg)

$0.14 (+1.10%)
Prev Close
$13.18
Open
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Volume
81,088
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2,034,082
52-wk High
$17.05
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$6.44

Latest Key Developments (Source: Significant Developments)

Oasis Petroleum Inc sees 2017 production 65,500 to 70,500 boepd
Wednesday, 22 Feb 2017 05:09pm EST 

Oasis Petroleum Inc : Oasis Petroleum Inc announces quarter and year ending December 31, 2016 earnings and provides an operational update and its 2017 outlook . Oasis Petroleum Inc - production growth in 2017 and 2018 is expected to be within cash flow. . Company is revising its 2017 and 2018 year-end exit rate guidance to 72,000 boepd and over 83,000 boepd, respectively . Oasis Petroleum Inc - average daily production was 53,150 barrels of oil equivalent per day for Q4 of 2016 . Oasis Petroleum Inc - Oasis' total inventory increased to 3,073 gross locations, of which 770 locations are considered core, as of December 31, 2016 . "We continue to expect to bring on two additional rigs in middle of year and another rig early in 2018" . Oasis Petroleum Inc - "believe we can be free cash flow positive at current strip pricing in both 2017 and 2018" . Oasis Petroleum - investment in oms is expected to increase oms EBITDA to $155 million annualized by Q4 of 2017 . Oasis Petroleum Inc sees 2017 capex budget of $605 million . Oasis Petroleum Inc sees 2017 production 65,500 to 70,500 boepd .Oasis Petroleum Inc - plans on increasing rig count from two rigs in wild basin to four rigs running across core in 2017.  Full Article

Oasis Petroleum Q2 loss per share $0.51
Wednesday, 3 Aug 2016 04:45pm EDT 

Oasis Petroleum Inc : Oasis Petroleum announces quarter ended June 30, 2016 earnings . Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S . Q2 loss per share $0.51 . Q2 adjusted Non-GAAP loss per share $0.11 . Reduced borrowings under our revolver from $65 million at end of q1 of 2016 to $35 million at end of q2 of 2016 . Increasing our full year production guidance to 48,500 to 49,500 boepd. . Plan to complete 53 gross (34.3 net) wells in 2016 .Says produced 41, 176 boepd of oil in q2 of 2016 versus 44,043 boepd last year.  Full Article

Oasis Petroleum reports Q1 loss per share $0.40
Monday, 9 May 2016 05:38pm EDT 

Oasis Petroleum Inc : Qtrly total production 50,315 boepd versus 50,446 boepd . Qtrly total revenue $130.3 million versus $180.3 million . Q1 revenue view $175.0 million -- Thomson Reuters I/B/E/S . Oasis petroleum inc. Announces quarter ended march 31, 2016 earnings . Q1 loss per share $0.40 . Q1 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S .Q1 adjusted non-gaap loss per share $0.18.  Full Article

Oasis Petroleum Inc announces pricing of public offering of common stock
Thursday, 28 Jan 2016 09:02am EST 

Oasis Petroleum Inc:Announced today that it has priced an underwritten public offering of 34,000,000 shares of common stock.For total gross proceeds of about $160 million.  Full Article

Oasis Petroleum Inc gives FY 2016 production outlook
Thursday, 28 Jan 2016 06:37am EST 

Oasis Petroleum Inc:Sees FY 2016 production ranging from 46,000 to 50,000 Boepd.  Full Article

Oasis Petroleum Inc raises FY 2015 production guidance; gives Q4 2015 production guidance
Tuesday, 3 Nov 2015 04:15pm EST 

Oasis Petroleum Inc:Increased FY 2015 guidance to 49,700 to 50,100 Boepd, up from 49,000 to 50,000 Boepd.Says production guidance range for Q4 2015 is 47,500 to 49,000 Boepd.  Full Article

Oasis Petroleum Inc says killed North Dakota oil well that blew - Reuters
Tuesday, 20 Oct 2015 12:23pm EDT 

Oasis Petroleum Inc:Oasis Petroleum Inc said on Tuesday it successfully killed a North Dakota well that had leaked oil, saltwater and natural gas since a blowout last weekend - RTRS.Oasis crews pumped more than 33,000 gallons of a bentonite clay and water mixture down the well and plugged it. The well is now permanently shuttered - RTRS.More than 67,000 gallons of oil had leaked from the well. In response to the spill, law enforcement and federal regulators closed several roads on Monday evening around the site due to concerns about the effects of leaking gas - RTRS.Pumps again began injecting the clay and water mixture into the well, located near a tributary of the Missouri River, at about 8 a.m. local time (1300 GMT). Crews had halted operations overnight out of safety concerns - RTRS.The Houston-based company was first notified that the well had blown out late on Saturday night when a driver passing the site heard a loud noise and called the company's public emergency response phone line - RTRS.  Full Article

Oasis Petroleum Inc raises FY 2015 production guidance; gives Q3 2015 production guidance
Tuesday, 4 Aug 2015 04:56pm EDT 

Oasis Petroleum Inc:Increasing production guidance range for FY 2015 from 46,000 to 49,000 Boepd up to 49,000 to 50,000 Boepd.Says production guidance range for Q3 2015 is 48,000 to 50,000 Boepd.  Full Article

Oasis Petroleum Inc raises low end of prior FY 2015 production guidance; gives Q2 2015 production guidance
Wednesday, 6 May 2015 04:30pm EDT 

Oasis Petroleum Inc:Expects to produce between 47,000 and 49,000 Boepd in Q2 2015.Expects to produce between 46,000 and 49,000 Boepd for FY 2015.  Full Article

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BRIEF-Oasis Petroleum Inc sees 2017 production 65,500 to 70,500 boepd

* Oasis Petroleum Inc announces quarter and year ending December 31, 2016 earnings and provides an operational update and its 2017 outlook