Oasis Petroleum (OAS) Tops Q1 EPS by $1.89

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Go back to Oasis Petroleum (OAS) Tops Q1 EPS by $1.89

Oasis Petroleum Inc. Reports First Quarter 2022 Earnings, Declares Base and Variable Dividends, Issues Second Quarter Outlook, and Provides Update on Pending Merger

May 4, 2022 5:00 PM EDT

HOUSTON, May 4, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced financial and operating results for the quarter ending March 31, 2022.

1Q22 Operational and Financial Highlights:

Produced 69.6 MBoepd in 1Q22 with oil volumes of 45.0 MBopd, both above the high-end of February guidance;E&P CapEx was $62.9MM in 1Q22, below the low-end of February guidance;LOE and GPT costs trended below the low-end of guidance. Cash G&A was below... More