Oasis Petroleum’s Implied Volatility and Stock Price Range



Oasis Petroleum’s implied volatility

Oasis Petroleum’s (OAS) current implied volatility is ~58.4%, which is ~4.3% lower than its 15-day average of ~61%.

Oasis Petroleum’s implied volatility is relatively higher compared to its peers Hess (HES) and Continental Resources (CLR). They have implied volatilities of 33.2% and ~35.2%, respectively.

Article continues below advertisement

Oasis Petroleum’s stock price range

Assuming that prices are normally distributed with one standard deviation—or a probability of 68%—based on Oasis Petroleum’s implied volatility of 58.4%, we can predict that its stock could close between $6.65 and $7.83 in the next seven days.

In the next part, we’ll discuss analysts’ target prices for Oasis Petroleum for the next year.

To learn about Oasis Petroleum’s performance in 2Q17, read Oasis Petroleum’s 2Q17 Results: Close to Expectations. For more insight, read What Factors Are Likely to Steer Oasis Stock in 2017.


More From Market Realist