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Seaport Global Securities downgraded Oasis Petroleum Inc. (NYSE:OAS) to Neutral in a report released today.

Yesterday Oasis Petroleum Inc. (NYSE:OAS) traded 0.60% higher at $8.15. The company’s 50-day moving average is $7.54 and its 200-day moving average is $10.10. The last stock close price is down -17.62% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 7,950,190 shares of the stock were exchanged, down from an average trading volume of 9,319,060

Seaport Global Securities has downgraded Oasis Petroleum Inc. (NYSE:OAS) to Neutral in a report released on 6/21/2017.

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Oasis Petroleum Inc. (NYSE:OAS)

Oasis Petroleum Inc. has a 52 week low of $6.69 and a 52 week high of $17.08 The company’s market cap is currently $0.

In addition to Seaport Global Securities reporting its target price, a total of 32 firms have issued a report on the stock. The consensus target price is $11.16 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Oasis Petroleum Inc. (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, Well Services, and Midstream Services. The exploration and production segment is engaged in the acquisition and development of oil and natural gas properties. The well services business segment (OWS) performs completion services for the Company's oil and natural gas wells operated by Oasis Petroleum North America LLC (OPNA). The midstream services business segment (OMS) performs salt water gathering and disposal services, fresh water services, natural gas gathering and processing and crude oil gathering and transportation and other midstream services for the Company's oil and natural gas wells operated by OPNA. The Company also operates a well services business and a midstream services business.

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