Oasis Petroleum (OAS) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Oasis Petroleum (OAS) experienced unusually high volume on Dec. 21, as the stock lost 8.8% to a closing price of $7.15. The stock saw 20.53 million shares trade hands over the course of the day on 70,531 trades. Given that the stock’s average daily volume over the last month has been 10.1 million shares a day, this represents a pretty substantial spike over the norm.

Oasis Petroleum has a P/B ratio of 0.43. It also has a P/E ratio of 5.1. The stock has traded between $19.63 and $7.12 over the last 52-weeks, its 50-day SMA is now $11.09, and its 200-day SMA $12.96.

Oasis Petroleum Inc is an exploration and production company. The Company acquires and develops unconventional oil and natural gas resources in the Montana and North Dakota regions of the Williston Basin.

Headquartered in Houston, TX, Oasis Petroleum has 567 employees and is currently under the leadership of CEO Thomas Nusz.

For a complete fundamental analysis analysis of Oasis Petroleum, check out Equities.com’s Stock Valuation Analysis report for OAS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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