There is some good stuff about Oasis and several of my other favorites in this article.
http://seekingalpha.com/article/1831032 ... urce=yahoo
OAS
Re: OAS
Oasis Petroleum (OAS): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16 Tab.
After reading the article above, I decided to take a hard look at OAS this afternoon. Based on their outstanding operating results and significant production growth potential (over 50% in 2013 and over 50% in 2014), I have increased my Fair Value Estimate to $82.50/share (compared to First Call's Price Target of $59.88).
Since my forecast shows OAS generating over $12 cash flow per share in 2014, I actually think my valuation is rather conservative. I believe OAS has a lot of upside for us.
OAS is a pure play on the Williston Basin (Bakken + Three Forks). Read our profile for more information. You can find it under the Sweet 16 Tab. Just log on and click on the OAS logo.
After reading the article above, I decided to take a hard look at OAS this afternoon. Based on their outstanding operating results and significant production growth potential (over 50% in 2013 and over 50% in 2014), I have increased my Fair Value Estimate to $82.50/share (compared to First Call's Price Target of $59.88).
Since my forecast shows OAS generating over $12 cash flow per share in 2014, I actually think my valuation is rather conservative. I believe OAS has a lot of upside for us.
OAS is a pure play on the Williston Basin (Bakken + Three Forks). Read our profile for more information. You can find it under the Sweet 16 Tab. Just log on and click on the OAS logo.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group