Monday, March 10, 2025

Oasis Boosts Bakken IRRs

Oasis Petroleum (ticker: OAS) announced first quarter results today, showing net earnings of $0.6 million, or less than $0.01 per share. This is below the $23.8 million the company recorded in Q1 2017, mostly due to derivative effects. After adjusting for these and other special charges, Oasis earned $30.2 million in Q1 2018, compared to a loss of $11.5 million