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What Do Analysts Recommend for Oasis after Its 2Q16 Earnings?

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Consensus rating for Oasis Petroleum

Approximately 44% of analysts rate Oasis Petroleum (OAS) a “buy,” and 56% rate it a “hold.” The average broker target price of $11.36 for OAS implies a return of around ~42% over the next 12 months.

By comparison, upstream peers Anadarko Petroleum (APC) and Cimarex Energy (XEC) have implied returns of ~27% and 8.7%, respectively, for the next 12 months.

The high, low, and median analyst target prices for Oasis are $16, $8, and $11, respectively. Remember, OAS is a component of the iShares US Oil & Gas Exploration & Production ETF (IEO), which invests 0.42% of its portfolio in the company.

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