Last $57.19 USD
Change Today +0.40 / 0.70%
Volume 1.1M
OAS On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

oasis petroleum inc (OAS) Snapshot

Open
$57.03
Previous Close
$56.79
Day High
$57.21
Day Low
$56.43
52 Week High
07/9/14 - $57.46
52 Week Low
09/5/13 - $37.86
Market Cap
5.8B
Average Volume 10 Days
1.7M
EPS TTM
$2.58
Shares Outstanding
101.2M
EX-Date
--
P/E TM
22.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for OASIS PETROLEUM INC (OAS)

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oasis petroleum inc (OAS) Details

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. The company’s primary projects are located in West Williston, East Nesson, and Sanish. As of December 31, 2013, it had 515,314 net leasehold acres in the Williston Basin; and had approximately 105.8 million barrels of oil equivalent of proved undeveloped reserves. The company sells its oil and natural gas products to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas.

461 Employees
Last Reported Date: 05/7/14
Founded in 2007

oasis petroleum inc (OAS) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.8M
President, Chief Operating Officer and Direct...
Total Annual Compensation: $973.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $765.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $563.3K
Chief Accounting Officer and Senior Vice Pres...
Total Annual Compensation: $520.0K
Compensation as of Fiscal Year 2013.

oasis petroleum inc (OAS) Key Developments

Oasis Petroleum Inc. Presents at 2014 Louisiana Energy Conference, Jun-11-2014 10:15 AM

Oasis Petroleum Inc. Presents at 2014 Louisiana Energy Conference, Jun-11-2014 10:15 AM. Venue: Westin Canal Place Hotel, 100 Iberville Street, New Orleans, Louisiana, United States. Speakers: Matt Ultis, Manager Finance and IR.

Oasis Petroleum Inc. Announces Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2014; Provides Production Guidance for the Second Quarter of 2014; Announces Impairment of Oil and Gas Properties for the First Quarter Ended March 31, 2014

Oasis Petroleum Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the first quarter of 2014, the company reported net income of $170.0 million or $1.70 per diluted share on total revenues of $349.5 million as compared to net income of $51.9 million or $0.56 per diluted share on total revenues of $248.3 million for the first quarter of 2013. The company's first quarter 2014 results were impacted by several non-cash or non-recurring items, including a $183.4 million gain on sale of properties for the Sanish Divestiture and a $15.4 million mark-to-market loss on derivative instruments. Excluding these items and their tax effect, the first quarter 2014 adjusted net income (non-GAAP) was $64.8 million or $0.65 per diluted share. Excluding similar non-cash items and their tax effect, adjusted net income (non-GAAP) for the first quarter of 2013 was $62.4 million or $0.67 per diluted share. Adjusted EBITDA for the first quarter of 2014 was $239.8 million, a 25% increase over the first quarter of 2013 of $191.4 million and a 6% increase from the fourth quarter of 2013 of $225.4 million. Income before income taxes was $271.5 million against $82.9 million of prior year period. Net cash provided by operating activities was $208.3 million against $170.5 million of prior year period. Capital expenditures amounted to $281 million against $217.8 million of prior year period. Operating income for the first quarter ended March 31, 2014 was $329.08 million, compared to $117.95 million for the same quarter ended March 31, 2013. For the quarter, the company increased average daily production to 42,856 barrels of oil equivalent per day compared to 30,153 barrels of oil equivalent per day a year ago. The company's average price per barrel of oil, without realized derivatives, was $89.66 in the first quarter of 2014, compared to $93.33 in the first quarter of 2013 and $85.87 in the fourth quarter of 2013. The company expects production in the second quarter of 2014 to range between 43,000 and 46,000 Boepd. The company recorded non-cash charges for the impairment of oil and natural gas properties of $0.8 million in the first quarter of 2014 related to unproved property leases that expired or have been forecasted to expire under current drilling plans, as compared to $0.5 million in the first quarter of 2013 and $0.4 million in the fourth quarter of 2013.

Oasis Petroleum Inc. to Report Q1, 2014 Results on May 05, 2014

Oasis Petroleum Inc. announced that they will report Q1, 2014 results at 5:00 PM, Eastern Standard Time on May 05, 2014

 

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Industry Analysis

OAS

Industry Average

Valuation OAS Industry Range
Price/Earnings 15.6x
Price/Sales 4.5x
Price/Book 3.8x
Price/Cash Flow 8.5x
TEV/Sales 2.8x
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