Zacks Investment Research downgraded shares of OASIS PETROLEUM (OAS) from NEUTRAL to UNDERPERFORM on August 03, 2012, with a target price of $23.90.
Oasis Petroleum Inc. is an independent exploration and production company focused on the acquisition and development of oil and natural gas resources. The Company is currently focused on exploiting resource potential from the Bakken and Three Forks formations, which are present across a substantial majority of its acreage. Oasis Petroleum Inc. is based in Houston, Texas.
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