Oasis Petroleum (NYSE:OAS) Stock Price Down 7.3%

Oasis Petroleum Inc. (NYSE:OASGet Rating)’s stock price fell 7.3% during trading on Friday . The stock traded as low as $139.21 and last traded at $140.58. 4,829 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 324,623 shares. The stock had previously closed at $151.73.

Separately, StockNews.com began coverage on shares of Oasis Petroleum in a report on Thursday, March 31st. They issued a “hold” rating on the stock.

The business’s fifty day simple moving average is $149.25.

Oasis Petroleum Company Profile (NYSE:OAS)

Oasis Petroleum Inc, an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the United States. It engages in the acquisition and development of oil and gas properties. As of December 31, 2021, the company had 492,355 net leasehold acres in the Williston Basin.

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