Oasis Petroleum (OAS) Misses Q3 EPS by 4c

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Go back to Oasis Petroleum (OAS) Misses Q3 EPS by 4c

Oasis Petroleum Inc. Announces Quarter Ended September 30, 2019 Earnings

November 5, 2019 4:30 PM EST

HOUSTON, Nov. 5, 2019 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") today announced financial and operating results for 3Q 2019.

Recent Highlights:

Delivered net cash provided by operating activities of $251.0 million and Adjusted EBITDA(1) of $256.6 million in 3Q 2019. Achieved positive free cash flow during the quarter and year to date and continue to expect to be free cash flow positive in 2019 for the E&P business(2). Reduced debt under the Oasis credit facility by $125.0 million during the quarter to $406.0 million as of... More