Oasis Petroleum (OAS) Tops Q2 EPS by 30c

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Oasis Petroleum Inc. Reports Second Quarter 2021 Results, Declares Dividend and Updates 2021 Outlook

August 3, 2021 4:30 PM EDT

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 dividend, and updated its 2021 outlook. 

2Q21 Operational and Financial Highlights:

Produced total volumes of 54.3 MBoepd and oil volumes of 34.7 MBopd in 2Q21, both above guidance midpoint. Reiterating 4Q21 average volumes of 74.5-77.5 MBoepd and oil volumes of 49.5-51.5 MBopd; E&P CapEx was $52.5MM, 36% below guidance midpoint reflecting operational efficiencies, timing, and other items.... More