Oasis Petroleum (OAS) Misses Q2 EPS by 67c

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Go back to Oasis Petroleum (OAS) Misses Q2 EPS by 67c

Oasis Petroleum Inc. Announces Quarter Ended June 30, 2015 Earnings

August 4, 2015 4:56 PM EDT

HOUSTON, Aug. 4, 2015 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced financial results for the quarter ended June 30, 2015 and provided an operational update.

Highlights include:

Exceeded production guidance range and increased average daily production to 50,261 barrels of oil equivalent per day ("Boepd"), a 15% increase over the second quarter of 2014. Completed and placed on production 21 gross (18.5 net) operated and 1.2 net non-operated wells in the second quarter of 2015. Total capital expenditures ("CapEx") were $170.4 million, in line with the Company's plan, for the three... More