What happened to my shares of Oasis Petroleum?

On the date of the Company’s emergence from bankruptcy (November 19, 2020), all shares of the Company’s old common stock were cancelled, and holders of old Oasis common stock were issued warrants exercisable for shares of new Oasis common stock, as provided in the plan of reorganization.

Who is the CEO of Oasis Petroleum?

Daniel Brown
Daniel Brown. Daniel Brown serves as our Chief Executive Officer and Board Member. Mr. Brown has 23 years of experience in the oil and natural gas industry having spent his career with Anadarko Petroleum Corporation, or one of its predecessors, until Anadarko was acquired by Occidental Petroleum in August 2019.

What does Oasis Petroleum do?

Oasis Petroleum is a company engaged in hydrocarbon exploration and hydraulic fracturing in the Williston Basin as well as in the Delaware Basin of the Permian Basin in West Texas. It is organized in Delaware and headquartered in Houston, Texas, with an office in Williston, North Dakota.

When should you exercise stock warrants?

A warrant holder may choose to exercise the warrant if the current stock price is above the strike price of the warrant. Alternatively, the warrant holder could sell their warrants, as warrants can be traded similar to options.

Is OAS stock a good buy?

The financial health and growth prospects of OAS, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

Who owns Oasis midstream?

Oasis Petroleum
OMS Holdings LLC
Oasis Midstream Partners/Parent organizations

Is Oasis Petroleum going out of business?

Houston-based Oasis Petroleum Inc. completed its bankruptcy process, exiting the court with a new board of directors and a restructured balance sheet on Nov. 19. The company managed to cut about $1.85 billion in debt via the in-court restructuring, according to a company press release.

Should I buy Oasis Petroleum?

10 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Oasis Petroleum in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” Oasis Petroleum stock.

Does Oasis Petroleum pay dividends?

Model portfolio targeting 7-9% dividend yield. Master Limited Partnerships.

Should I invest in Oasis Petroleum?

Oasis Petroleum has received a consensus rating of Buy. The company’s average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.