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Oasis Petroleum (NYSE:OAS) has been upgraded from Neutral to Overweight in a report by Piper Jaffray today.

Yesterday Oasis Petroleum (NYSE:OAS) traded 6.95% higher at $10.57. The company’s 50-day moving average is $10.36 and its 200-day moving average is $9.50. With the last stock close price up 18.99% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 20,413,018 shares of OAS traded, up from an average trading volume of 12,509,400

Piper Jaffray has upgraded Oasis Petroleum (NYSE:OAS) from Neutral to Overweight in a report released on Wednesday October 19, 2016.

Recent Performance Chart

Oasis Petroleum (NYSE:OAS)

Oasis Petroleum has 52 week low of $3.40 and a 52 week high of $13.72 and has a market capitalization of $0.

A total of 32 analysts have released a report on OAS. zero equity analysts rating the company a strong buy, 0 brokers rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $11.16.

General Company Details For Oasis Petroleum (NYSE:OAS)

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, which is engaged in the acquisition and development of oil and natural gas properties; Well Services, which performs completion services for the Company's oil and natural gas wells operated by Oasis Petroleum North America LLC (OPNA), and Midstream Services, which performs salt water gathering and disposal and other midstream services for the Company's oil and natural gas wells operated by OPNA. The Company's projects include Williston Basin, West Williston and East Nesson. It also operates a well services business through Oasis Well Services LLC (OWS) and a midstream services business through Oasis Midstream Services LLC (OMS).

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