Oasis Petroleum (OAS) Misses Q1 EPS by 7c

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Oasis Petroleum Inc. Announces Quarter Ended March 31, 2019 Earnings

May 7, 2019 4:37 PM EDT

HOUSTON, May 7, 2019 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced financial results for the quarter ended March 31, 2019 and provided an operational update.

Recent Highlights:

Delivered production during the first quarter of 2019 of 91.7 thousand barrels of oil equivalent per day ("MBoepd"), an increase of approximately 3.9% from the fourth quarter of 2018 and 3.6% above midpoint guidance. Crude oil production of 66.0 thousand barrels of oil per day ("MBopd") was approximately 2.2% above midpoint guidance. Completed and placed on production 15 gross (9.2 net) operated wells, including... More