Can Oasis Petroleum Inc. (NYSE:OAS) Add to its Stock After Earnings?

Oasis Petroleum Inc. (NYSE:OAS) moved down -1.47% and closed its last trading session at $11.42. This Oils-Energy Sector stock currently has the Market Capitalization of 2.1 Billion. The Average Volume for the stock is measured as 13.05 Million. The Stock has a 52-Week High of $13.72 and 52-Week Low of $3.4 following the dates, it touched its 52-Week High on Nov 5, 2015 and 52-Week Low on Jan 20, 2016. Currently, the Return on Assets value for the trailing twelve months is -2.2% with the Return on Equity and Return on Investment of -5.2% and -2.1% respectively. This firm currently has YTD (year to date) performance of 54.95 Percent which is awesome. The Short Ratio for the stock is 3.29.

Oasis Petroleum Inc. (NYSE:OAS) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.68. The TTM operating margin is -22.9 percent.

Oasis Petroleum Inc. (NYSE:OAS) is due to report its Earnings on Mon 7 Nov (In 15 Days). The estimated EPS for the current quarter is said to be $-0.18. Following Earnings result, share price were UP 13 times out of last 24 Qtrs. The stock has added about 57.3% since it reported its last earnings. The Closing price of Oasis Petroleum Inc. (NYSE:OAS) at Last Earnings was $7.26 as compared to the previous closing price of $11.59. The Predicted Move on the 7th day after Oasis Petroleum Inc. (NYSE:OAS) will release its earnings at about 9%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Oasis Petroleum Inc. (NYSE:OAS) beats earnings by 50%, The Stock Missed Earnings  5  times and has met earnings  1 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Oasis Petroleum Inc. (NYSE:OAS) reported its previous quarter on 08/03/2016 where it reported the Actual Earnings of $-0.11. The Closing price before the company posted its earnings was $7.26. The Stock surged on the very next day of earnings and maintained its stock price at $8 by showing a % change of 10.19 percent from its previous closing price. The Next Day Volume after Earnings was reported as 21.98 Million. On the 7th day After Earnings Report, the stock hit its share price as $8.44 by showing 16.25% increase from the Stock price Before Earnings were reported.

On 05/09/2016, the stock reported the EPS of $-0.18 where Analysts were projecting the EPS to be $-0.17 showing a difference of $-0.01. Thus Surprise Factor was there with -5.9 percent. Before Earnings Announcement on 05/09/2016, the firm had its stock price of $8.68. And immediately on the next day after earnings announcement, the stock inclined 8.99% and closed its trading session at $9.46. On 7th Day after earnings release, Oasis Petroleum Inc. (NYSE:OAS) surged to 11.18% from $8.68 to $9.65.

On 02/24/2016, Analysts were suspecting EPS of $0.06/share where Oasis Petroleum Inc. (NYSE:OAS) reported its Actual EPS of $0.05. Thus showing a Surprise of -16.7 percent. The Closing Price of the stock before earnings was $4.53 while on the Next day the stock closed its trading session at $4.68 with a percentage change of 3.31% from the price of 4.53 before Earnings. The Stock Closing Price on the 7th day of earnings was $6.35.

Company Profile:

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.