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Oasis Petroleum Inc Stock Research

OAS

Market Closed

OAS Stock Price

OAS RSI Chart

OAS Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

4.99

Price/Sales (Trailing)

1.94

EV/EBITDA

12.63

Price/Free Cashflow

3.61

OAS Price/Sales (Trailing)

OAS Profitability

EBT Margin

8.27%

Return on Equity

37.95%

Return on Assets

25.88%

Free Cashflow Yield

27.73%

OAS Fundamentals

OAS Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

222.2%

Revenue Q/Q

50.6%

OAS Earnings

Earnings (TTM)

1.7B

Earnings Y/Y

1.1K%

Earnings Q/Q

573.92%

Price Action

Last 7 days

-14.6%

Last 30 days

-33.9%

Last 90 days

-27.1%

Trailing 12 Months

8.0%

OAS Financial Health

Current Ratio

0.98

Debt/Equity

0.09

Debt/Cashflow

4.36

OAS Investor Care

Dividend Yield

13.45%

Dividend/Share (TTM)

14.34

Shares Dilution (1Y)

109.75%

Diluted EPS (TTM)

61.03

Peers (Alternatives to Oasis Petroleum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.5B
25.0B
5.70% 29.51%
10.51
3.14
60.81% 147.54%
60.4B
36.8B
7.18% 80.08%
4.68
1.64
69.86% 4049.24%
56.0B
24.8B
4.46% 14.49%
7.86
2.26
81.23% 409.80%
49.8B
19.7B
7.19% 30.39%
9.45
2.71
81.04% 424.48%
26.5B
9.6B
12.26% 25.20%
5.96
2.75
73.79% 865.29%
14.4B
12.1B
1.22% 40.52%
4.67
1.31
76.89% 430.32%
12.8B
14.1B
3.55% 36.78%
3.47
0.91
56.06% 733.33%
MID-CAP
7.9B
3.1B
21.66% 52.85%
6.56
2.6
96.12% 296.97%
6.1B
5.4B
2.60% 37.67%
4.81
1.12
90.74% 385.71%
4.4B
3.2B
-33.88% 7.97%
4.99
1.94
192.30% 81.27%
3.7B
2.3B
35.56% 87.53%
8.42
1.6
105.29% 360.71%
2.9B
3.3B
-8.04% 68.26%
2.94
0.87
125.59% 288.67%
2.7B
2.0B
25.24% -11.71%
2.18
1.01
60.18% 387.51%
SMALL-CAP
1.6B
6.8B
23.68% 101.62%
5.68
0.24
64.72% 229.94%
812.8M
2.0B
-8.19% -35.44%
1.11
0.4
82.29% 407.57%

Financials for Oasis Petroleum

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue35.1%3,1532,3331,9081,5801,079
  S&GA Expenses92.8%17188858188
Costs and Expenses32.3%1,7561,3271,130993867
EBITDA2.6%336328---
EBITDA Margin-16.6%0.15*0.18*---
Earnings Before Taxes-74.4%188734---
EBT Margin-18.7%0.08*0.10*---
Interest Expenses5.2%30293331-12.25
Net Income91.1%1,699889839320937
Net Income Margin41.6%0.54*0.38*0.45*0.20*-
Free Cahsflow39.9%1,7151,226989914-
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets114.1%6,5553,0623,0083,0273,000
  Current Assets30.4%1,4541,1159521,615753
    Cash Equivalents15.4%659571410172849
  Inventory41.7%6143282928
  Net PPE248.2%4,6561,3371,3361,3201,583
  Goodwill-71----
Liabilities11.8%2,0841,8641,5661,8051,906
  Current Liabilities19.1%1,4891,2509011,225665
  Long Term Debt0.1%3933933931,042-
    LT Debt, Non Current0.1%3943933933931,042
Shareholder's Equity273.2%4,4711,1981,4421,0331,093
  Retained Earnings196.0%1,22641466327052
  Additional Paid-In Capital292.6%3,470884883863867
Accumulated Depreciation66.7%346207167124113
Shares Outstanding111.3%4220201920
Minority InterestNaN%---189189
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations39.9%1,7151,226989914693
  Share Based Compensation144.8%4518181526
Cashflow From Investing-3.4%-1,157.44-1,119.20-849.60-920.77-129.07
Cashflow From Financing-130.4%-747.34-324.36157161201
  Dividend Payments115.4%510237175112126
  Buy BacksInfinity%49900--
* denotes actual numbers (not divided by Millions)

Risks for OAS

What is the probability of a big loss on OAS?

54.1%


Probability that Oasis Petroleum stock will be more than 20% underwater in next one year

1.2%


Probability that Oasis Petroleum stock will be more than 30% underwater in next one year.

0%


Probability that Oasis Petroleum stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OAS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Oasis Petroleum was unfortunately bought at previous high price.

Drawdowns

Returns for OAS

Cumulative Returns on OAS

Which funds bought or sold OAS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
CENTRAL TRUST Co
unchanged
-
420
3,420
-%
2023-01-26
Inspire Investing, LLC
added
12.97
26,997
235,997
0.03%
2023-01-26
Empowered Funds, LLC
new
-
1,033,000
1,033,000
0.07%
2023-01-26
Calamos Advisors LLC
added
6.66
221,571
3,532,570
0.02%
2023-01-26
State of Tennessee, Treasury Department
reduced
-2.54
52,000
597,000
-%
2023-01-26
STRS OHIO
reduced
-16.47
-191,000
971,000
-%
2023-01-26
COMERICA BANK
reduced
-3.91
-32,000
205,000
-%
2023-01-26
Harel Insurance Investments & Financial Services Ltd.
new
-
75,000
75,000
-%
2023-01-25
MGO ONE SEVEN LLC
new
-
345,445
345,445
0.04%
2023-01-25
Lindbrook Capital, LLC
reduced
-18.18
-537
2,463
-%

1–10 of 50

Latest Funds Activity

Are funds buying OAS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own OAS
No. of Funds

Oasis Petroleum News

The Business Journals

Year in Review: Centennial Resource Development-Colgate Energy ....

The Business Journals,
47 days ago

The Business Journals

The Motley Fool

Yahoo Finance

Are Oil Stocks Due For A Correction?.

Yahoo Finance,
7 months ago

Investor's Business Daily

Investor's Business Daily

Schedule 13G FIlings of Oasis Petroleum

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2022
aristeia capital llc
3.27%
651,860
SC 13G/A
Feb 14, 2022
allianz global investors u.s. holdings llc
0.0%
0
SC 13G/A
Feb 11, 2022
lord, abbett & co. llc
0%
0
SC 13G/A
Feb 11, 2022
lord abbett investment trust
0%
0
SC 13G/A
Feb 07, 2022
blackrock inc.
6.5%
1,281,010
SC 13G
Jan 14, 2022
jpmorgan chase & co
10.1%
2,014,039
SC 13G/A
Nov 10, 2021
capital world investors
4.5%
904,175
SC 13G/A
May 20, 2021
paley mark steven
0266%
1,010,000
SC 13G
Feb 16, 2021
aristeia capital llc
5.18%
1,035,773
SC 13G
Feb 12, 2021
lord, abbett & co. llc
7.20%
1,440,628
SC 13G

OAS Fair Value

Oasis Petroleum fair value in different scenarios

The table shows the Fair Value estimates for Oasis Petroleum for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

531.67

-

970.09

-

1488.52

-

2205.35

-

3279.28

-

Current Inflation

483.75

-

859.87

-

1293.33

-

1901.44

-

2801.54

-

Very High Inflation

425.23

-

729.39

-

1067.34

-

1551.68

-

2256.76

-

Historical Oasis Petroleum Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Oasis Petroleum

View All Filings
Date Filed Form Type Document
Jan 20, 2023
4
Insider Trading
Jan 20, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 05, 2023
4
Insider Trading
Jan 05, 2023
4
Insider Trading
Jan 04, 2023
4
Insider Trading
Jan 04, 2023
4
Insider Trading
Jan 04, 2023
4
Insider Trading
Jan 04, 2023
4
Insider Trading

Latest Insider Trading transactions for OAS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-31
Holroyd Samantha
sold
-247,500
165
-1,500
-
2022-04-13
Brown Daniel E
sold (taxes)
-657,725
152.04
-4,326
chief executive officer
2022-01-18
Lorentzatos Nickolas J
sold (taxes)
-229,944
135.5
-1,697
executive vp, gc & corp. sec.
2022-01-18
Lou Michael H
sold (taxes)
-374,658
135.5
-2,765
executive vp and cfo
2022-01-18
Reid Taylor L
sold (taxes)
-400,809
135.5
-2,958
president and coo
2021-11-22
Woung-Chapman Marguerite
acquired
-
-
2,916
-
2021-11-02
Brooks Douglas E
bought
61,880
123.76
500
-
2021-10-28
Brooks Douglas E
bought
74,218.8
118.75
625
-
2021-04-13
Brown Daniel E
acquired
-
-
43,975
chief executive officer
2021-01-18
Lorentzatos Nickolas J
acquired
-
-
16,776
executive vp, gc & corp. sec.

1–10 of 50

About Oasis Petroleum

OAS Income Statement

2022-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Total revenues$ 1,188,843$ 368,977$ 2,631,192$ 1,058,350
Operating expenses    
Lease operating expenses156,39744,889287,195146,373
Gathering, processing and transportation expenses35,54930,02899,75990,920
Production taxes83,53518,445159,47350,933
Depreciation, depletion and amortization141,04723,975227,85683,976
General and administrative expenses102,22620,088151,41561,500
Total operating expenses652,289223,5421,473,829711,479
Gain on sale of assets7555,4052,595228,473
Operating income537,309150,8401,159,958575,344
Other income (expense)    
Net gain (loss) on derivative instruments337,409(101,790)(128,766)(550,342)
Net gain from investment in unconsolidated affiliate75,093038,9770
Interest expense, net of capitalized interest(8,645)(7,156)(22,810)(23,444)
Other income (expense)(864)(139)2,186(793)
Total other income (expense), net402,993(109,085)(110,413)(574,579)
Income from continuing operations before income taxes940,30241,7551,049,545765
Income tax benefit1,30703,3520
Net income from continuing operations941,60941,7551,052,897765
Income (loss) from discontinued operations attributable to Chord, net of income tax(59,858)30,195425,696100,957
Net income attributable to Chord$ 881,751$ 71,950$ 1,478,593$ 101,722
Basic earnings attributable to Chord per share:    
Basic from continuing operations (in dollars per share)$ 22.79$ 2.11$ 39.28$ 0.04
Basic from discontinued operations (in dollars per share)(1.45)1.5215.885.07
Basic total (Note 18) (in dollars per share)21.343.6355.165.11
Diluted earnings attributable to Chord per share:    
Diluted from continuing operations (in dollars per share)21.842.0137.020.04
Diluted from discontinued operations (in dollars per share)(1.39)1.4514.974.92
Diluted total (Note 18) (in dollars per share)$ 20.45$ 3.46$ 51.99$ 4.96
Weighted average shares outstanding:    
Basic (Note 18) (in shares)41,31819,81226,80619,905
Diluted (Note 18) (in shares)43,10720,78628,43820,508
Oil and Gas Services    
Revenues    
Total revenues$ 1,056,146$ 281,474$ 2,088,215$ 781,459
Operating expenses    
Exploration and impairment9102631,6981,941
Purchased Oil and Gas    
Revenues    
Total revenues132,69787,382542,653276,349
Operating expenses    
Expenses132,62585,828546,310275,789
Other services revenues    
Revenues    
Total revenues0121324542
Operating expenses    
Expenses$ 0$ 26$ 123$ 47

OAS Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 658,857$ 172,114
Accounts receivable, net717,149377,202
Inventory60,95628,956
Prepaid expenses13,3396,016
Derivative instruments3,0610
Other current assets5821,836
Current assets held for sale01,029,318
Total current assets1,453,9441,615,442
Property, plant and equipment  
Oil and gas properties (successful efforts method)4,926,2781,395,837
Other property and equipment75,43448,981
Less: accumulated depreciation, depletion and amortization(345,648)(124,386)
Total property, plant and equipment, net4,656,0641,320,432
Derivative instruments52,11044,865
Investment in unconsolidated affiliate138,4520
Long-term inventory22,00917,510
Operating right-of-use assets26,95415,782
Deferred tax assets183,4950
Other assets22,10712,756
Total assets6,555,1353,026,787
Current liabilities  
Accounts payable32,7092,136
Revenues and production taxes payable575,372270,306
Accrued liabilities476,636150,674
Accrued interest payable9,7592,150
Derivative instruments366,60589,447
Advances from joint interest partners3,6091,892
Current operating lease liabilities11,8707,893
Other current liabilities12,2051,046
Current liabilities held for sale0699,653
Total current liabilities1,488,7651,225,197
Long-term debt393,782392,524
Deferred tax liabilities07
Asset retirement obligations119,75757,604
Derivative instruments37,898115,282
Operating lease liabilities14,3806,724
Other liabilities29,7407,876
Total liabilities2,084,3221,805,214
Commitments and contingencies (Note 19)
Stockholders’ equity  
Common stock, $0.01 par value: 120,000,000 shares authorized, 43,601,102 shares issued and 41,555,328 shares outstanding at September 30, 2022; 60,000,000 shares authorized, 20,147,199 shares issued and 19,276,181 shares outstanding at December 31, 2021438200
Treasury stock, at cost: 2,045,774 shares at September 30, 2022 and 871,018 shares at December 31, 2021(224,845)(100,000)
Additional paid-in capital3,469,622863,010
Retained earnings1,225,598269,690
Chord share of stockholders’ equity4,470,8131,032,900
Non-controlling interests0188,673
Total stockholders’ equity4,470,8131,221,573
Total liabilities and stockholders’ equity$ 6,555,135$ 3,026,787