Oasis Petroleum (OAS) Misses Q3 EPS by 5c

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

November 5, 2018 5:01 PM EST

HOUSTON, Nov. 5, 2018 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced financial results for the quarter ended September 30, 2018 and provided an operational update.

Recent Highlights:

Produced 65.9 thousand barrels of oil per day ("MBopd") in the third quarter of 2018, which represents a 27% increase over third quarter 2017. Oil volumes increased by over 8.2 MBopd sequentially, adjusting for the impact of acquisitions and divestitures, and exceeded midpoint guidance for the third quarter by approximately 1%. Delivered production during the third quarter of 2018 of 85.4... More