Oasis Petroleum (OAS) Tops Q3 EPS by $2.05
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Oasis Petroleum Inc. Reports Third Quarter 2021 Results, Reiterates 2021 Outlook
November 3, 2021 5:24 PM EDTHOUSTON, Nov. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced financial and operating results for the third quarter of 2021. Third quarter results are consistent with the update released on October 26, 2021.
3Q21 Operational and Financial Highlights:
Produced 51.8 MBoepd in 3Q21 with oil volumes of 31.9 MBopd; E&P CapEx was $42MM, greater than 20% below guidance. Oasis reduced its FY21 CapEx guidance on October 26th by 9%, which followed the 7% reduction in August; Net cash provided by operating... More