Filing Worth Watching: Oasis Petroleum Inc: Integrated Core Strategies (Us) Llc Opened Big New Position

Filing Worth Watching: Oasis Petroleum Inc: Integrated Core Strategies (Us) Llc Opened Big New Position

The New Integrated Core Strategies (Us) Llc Holding in Oasis Petroleum Inc

Integrated Core Strategies (Us) Llc filed with the SEC SC 13G form for Oasis Petroleum Inc. The form can be accessed here: 000131924416000096. As reported in Integrated Core Strategies (Us) Llc’s form, the filler as of late owns 4.2% or 10,004,363 shares of the Energy–company.

Oasis Petroleum Inc stake is a new one for the and it was filed because of activity on November 8, 2016. We feel this shows Integrated Core Strategies (Us) Llc’s positive view for the stock.

Oasis Petroleum Inc Institutional Sentiment

Latest Security and Exchange filings show 203 investors own Oasis Petroleum Inc. The institutional ownership in Q3 2015 is very high, at 53.91% of the outstanding shares. This is decreased by 5589687 the total institutional shares. 127425676 were the shares owned by these institutional investors. In total 39 funds opened new Oasis Petroleum Inc stakes, 76 increased stakes. There were 56 that closed positions and 75 reduced them.

5 managers had the stock in their top Ten. Notable investors are: Brenham Capital Management L.P., Scepter Holdings Inc., Spo Advisory Corp..

John H. Scully Spo Advisory Corp is an institutional investor bullish on Oasis Petroleum Inc, owning 20224769 shares as of Q3 2015 for 2.97% of its portfolio. Columbia Pacific Advisors Llc owns 306434 shares or 2.72% of its portfolio. TX Caymus Capital Partners Lp have 5.35% of their stock portfolio for 3042100 shares. Further, Tph Asset Management Llc reported stake worth 2.43% of its US stock portfolio. The CT Sound Energy Partners Inc owns 290500 shares. Oasis Petroleum Inc is 5.10% of the manager’s US portfolio.

Business Profile

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).

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 1.2 in 2016 Q2. Its down 0.13, from 1.33 in 2016Q1. The ratio turned negative, as 40 funds sold all Oasis Petroleum Inc. shares owned while 56 reduced positions. 48 funds bought stakes while 67 increased positions. They now own 155.56 million shares or 0.09% more from 155.43 million shares in 2016Q1.

Moreover, Inv Centers Of America has 0.03% invested in Oasis Petroleum Inc. (NYSE:OAS) for 17,036 shares. Ameriprise Financial Inc has 0% invested in the company for 13,431 shares. Blackrock Gru Limited last reported 0% of its portfolio in the stock. Vanguard Gp Inc accumulated 0.01% or 12.75M shares. Great West Life Assurance Comm Can has invested 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Jpmorgan Chase & holds 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 2,171 shares. Moreover, Gsa Capital Prtnrs Ltd Liability Partnership has 0.01% invested in Oasis Petroleum Inc. (NYSE:OAS) for 17,730 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 5,786 shares. Panagora Asset Management Incorporated holds 53,124 shares or 0% of its portfolio. Jefferies Grp Ltd Liability holds 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 93,011 shares. Lombard Odier Asset (Europe) has 35,953 shares for 0.02% of their US portfolio. Dupont Management last reported 79,151 shares in the company. Goldman Sachs Gru Inc has 1.56 million shares for 0% of their US portfolio. Checchi Capital Advisers reported 679 shares or 0% of all its holdings. Cornerstone Cap Mngmt Lc holds 4,300 shares or 0% of its portfolio.

Insider Transactions: Since May 25, 2016, the stock had 0 insider buys, and 4 sales for $36.93 million net activity. The insider Reid Taylor L sold $235,500. 200,000 Oasis Petroleum Inc. (NYSE:OAS) shares with value of $1.78M were sold by Nusz Thomas B. SPO ADVISORY CORP sold $34.40M worth of stock.

About 13.18 million shares traded hands. Oasis Petroleum Inc. (NYSE:OAS) has risen 34.93% since April 13, 2016 and is uptrending. It has outperformed by 31.00% the S&P500.

Oasis Petroleum Inc. is an independent exploration and production company. The company has a market cap of $2.95 billion. The Firm 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. It currently has negative earnings. The Company’s divisions 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 , 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.

Oasis Petroleum Inc. (NYSE:OAS) Ratings Coverage

Out of 27 analysts covering Oasis Petroleum Inc. (NYSE:OAS), 17 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 63% are positive. $20 is the highest target while $3 is the lowest. The $11.70 average target is -5.72% below today’s ($12.41) stock price. Oasis Petroleum Inc. has been the topic of 79 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating by Goldman Sachs given on Tuesday, October 18. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Overweight” rating given on Tuesday, March 15 by JP Morgan. The stock has “Neutral” rating given by JP Morgan on Wednesday, December 9. CapitalOne upgraded the stock to “Overweight” rating in Wednesday, October 19 report. The company was maintained on Tuesday, June 14 by Deutsche Bank. As per Friday, August 5, the company rating was upgraded by Raymond James. Citigroup maintained it with “Neutral” rating and $12 target price in Tuesday, May 17 report. On Tuesday, May 10 the stock rating was upgraded by Jefferies to “Buy”. The firm earned “Overweight” rating on Wednesday, October 19 by PiperJaffray. Piper Jaffray upgraded the stock to “Overweight” rating in Wednesday, October 19 report.

Another recent and important Oasis Petroleum Inc. (NYSE:OAS) news was published by Prnewswire.com which published an article titled: “Oasis Petroleum Inc. Announces Public Offering of Common Stock” on October 18, 2016.

According to Zacks Investment Research, “Oasis Petroleum Inc. is an independent exploration and production company focused on the acquisition and development of oil and natural gas resources. The Company is currently focused on exploiting resource potential from the Bakken and Three Forks formations, which are present across a substantial majority of its acreage. Oasis Petroleum Inc. is based in Houston, Texas.”

OAS Company Profile

Oasis Petroleum Inc., incorporated on February 25, 2010, is an independent exploration and production company. The Firm 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. The Company’s divisions 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 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. The Firm 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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