OAS earnings
Oasis Petroleum Inc. (OAS) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Oasis Petroleum Inc. Reports First Quarter 2022 Earnings, Declares Base and Variable Dividends, Issues Second Quarter Outlook, and Provides Update on Pending MergerHOUSTON, May 4, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the quarter ending March 31, 2022. 1Q22 Operational and Financial Highlights: Produced 69.6 MBoepd in 1Q22 with oil volumes of 45.0 MBopd, both above the high-end of February guidance;E&P CapEx was $62.9MM in 1Q22, below the low-end of February guidance;LOE and GPT costs trended below the low-end of guidance. Cash G&A was below guidance when adjusting for approximately $4.1MM of transaction related items;Net cash provided by operating activities was $265.6MM and net loss from continuing operations was $19.6MM;Adjusted EBITDA from continuing ope
- Oasis Petroleum Schedules First Quarter 2022 Conference Call for May 5, 2022HOUSTON, April 22, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") plans to announce its First Quarter 2022 financial and operational results on Wednesday, May 4, 2022 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, May 5, 2022 at 10:00 a.m. Central Time to discuss First Quarter 2022 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Time: Live Webcast: Thursday, May 5, 2022 10:00 a.m. Central Time https://app.webinar.net/ejz256r5DnM Sell-side analysts wishing to ask a question may use the fol
- Whiting and Oasis to Combine in $6.0 Billion Merger of Equals TransactionCreating a Scaled Unconventional U.S. Oil Producer with a Premier Williston Basin Acreage Position Totaling 972K Net Acres and Combined 4Q21 Production of 167.8 Thousand Boepd Transaction Accretive to Key Per-share Metrics While Maintaining a Strong, Relatively Unlevered Pro Forma Balance Sheet at Close Combined Company to Benefit from Significantly Enhanced Operating Scale and Free Cash Flow; Expect to Deliver Sustainable Dividends and Attractive Returns to Shareholders Transaction Expected to Generate Administrative and Operational Cost Synergies of Approximately $65MM Annually Progressive ESG Profile with Top Tier Gas Capture Track Record in North Dakota Lynn Peterson to Serve as Ex
- Oasis Petroleum Inc. Provides Return of Capital Plan, Announces Preliminary 2021 Results, and Issues 2022 OutlookHOUSTON, Feb. 9, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today provided its return of capital plan, announced preliminary 2021 results, and issued its 2022 outlook. Oasis' return of capital plan remains true to the Company's strategic goals, which include exercising capital discipline and delivering both return on, and of, capital to shareholders. Oasis is committed to returning $280MM of capital to shareholders over the next year ($70MM per quarter) through an increase to the aggregate base dividend from $40MM to $45MM per year, variable dividends, and incremental share repurchases. Oasis repurchased 680,235 shares during 4Q21 for $85.4MM, comp
- Oasis Petroleum Inc. Announces Oasis Midstream Partners to Merge with Crestwood Equity PartnersHOUSTON, Oct. 26, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") announced today that Oasis Midstream Partners (NASDAQ:OMP) ("OMP") has entered into a definitive agreement under which it will merge with Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood"). Under the terms of the agreement, Oasis, as a unitholder of OMP, will receive $160MM in cash in addition to approximately 21.0MM common units of CEQP in aggregate in exchange for its 33.85MM OMP common units and non-economic general partner stake. Public OMP unitholders will receive 0.87 units of Crestwood common units for each unit of OMP owned. In the aggregate, the total consideration represent
- Oasis Petroleum Inc. Completes Strategic Acquisition of Williston Basin Assets, Announces Redetermination of Its Borrowing Base, and Schedules Third Quarter 2021 Conference CallHOUSTON, Oct. 21, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") announced today it has completed the previously announced strategic acquisition of Williston Basin assets from Diamondback Energy ("Seller"). The cash payment made at closing to the Seller of $511.3MM is net of the $75MM deposit paid in 2Q21 and reflects customary purchase price adjustments to the transaction, which was valued at approximately $745MM with an effective date of April 1, 2021. Oasis also announced the lenders under its senior secured revolving credit facility completed their regular semi-annual redetermination of the borrowing base, resulting in the borrowing base increasing from
- Oasis Petroleum Inc. Reports Second Quarter 2021 Results, Declares Dividend and Updates 2021 OutlookHOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 dividend, and updated its 2021 outlook. 2Q21 Operational and Financial Highlights: Produced total volumes of 54.3 MBoepd and oil volumes of 34.7 MBopd in 2Q21, both above guidance midpoint. Reiterating 4Q21 average volumes of 74.5-77.5 MBoepd and oil volumes of 49.5-51.5 MBopd; E&P CapEx was $52.5MM, 36% below guidance midpoint reflecting operational efficiencies, timing, and other items. Lowering full-year capital by 7% to $200MM-$215MM ($215MM-$230MM prior guidance); Consolidated
- Oasis Midstream Partners Schedules Second Quarter 2021 Conference Call for August 4, 2021HOUSTON, July 22, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Second Quarter 2021 financial and operational results on Tuesday, August 3, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Wednesday, August 4, 2021 at 10:00 a.m. Central Time to discuss Second Quarter 2021 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Wednesday, August 4, 2021 Time: 10:00 a.m. Central Time Live Webcast: https://www.webcaster4.com/Webcast/Page/1777/42273 Sell-side analyst
- Oasis Petroleum Schedules Second Quarter 2021 Conference Call for August 4, 2021HOUSTON, July 22, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") plans to announce its Second Quarter 2021 financial and operational results on Tuesday, August 3, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Wednesday, August 4, 2021 at 9:00 a.m. Central Time to discuss Second Quarter 2021 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Wednesday, August 4, 2021 Time: 9:00 a.m. Central Time Live Webcast: https://www.webcaster4.com/Webcast/Page/1052/42264 Sell-side analysts wishing to ask a question