Oil Value Stocks

Oasis Petroleum Blows Away Expectations

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Analysts always share their expecations on where a stock will end up. Oasis Petroleum is no different than the others. However, in this case OAS exceeded expectations, which tends to be unusual! Let’s take a closer look at OAS from Seth Jayson’s research.

Revenue details
Oasis Petroleum tallied revenue of $116.9 million. The 17 analysts polled by S&P Capital IQ looked for sales of $116.3 million on the same basis. GAAP reported sales were much higher than the prior-year quarter’s $49.1 million.

EPS details
Non-GAAP EPS came in at $0.58. The 19 earnings estimates compiled by S&P Capital IQ averaged $0.30 per share on the same basis. GAAP EPS were -$0.15 for Q4 versus $0.02 per share for the prior-year quarter.

Margin details
For the quarter, gross margin was 79.5%, 210 basis points better than the prior-year quarter. Operating margin was 46.7%, 3,550 basis points better than the prior-year quarter. Net margin was -11.5%, 1,470 basis points worse than the prior-year quarter.

 

OAS

It looks like OAS will maintain its strength. Let’s hope that it continues to surpise us! That could mean great things for their investors. Keep watching this stock, it may be worth investing now if it keeps moving upward.

 

Quotes taken from report by Seth Jayson, Read the entire article here.

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