Oasis Petroleum (OAS) Tops Q2 EPS by 3c, Revenues Beat

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Go back to Oasis Petroleum (OAS) Tops Q2 EPS by 3c, Revenues Beat

Oasis Petroleum Inc. Announces Quarter Ended June 30, 2018 Earnings

August 6, 2018 4:30 PM EDT

HOUSTON, Aug. 6, 2018 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced financial results for the quarter ended June 30, 2018 and provided an operational update.

Recent Highlights:

Produced 79.4 thousand barrels of oil equivalent per day ("MBoepd") in the second quarter of 2018, representing an increase of 28% over the second quarter of 2017. Expect third quarter of 2018 production to range between 85.0 to 88.0 MBoepd, which accounts for divestitures closing during the third quarter. Increased full year 2018 production guidance 4%, including the impact from divestitures. Additionally, increased 2018 exit rate 10% and... More