Oasis Petroleum Inc. (OAS) traded within a range of $14.35 to $14.76 after opening the day at $14.52. The company has seen its stock decrease in value by -4.49% so far this year. The stock was down close to -2.03% on light volume in last trading session and closed at $14.46 per share. After the recent fall, the stock is currently holding -15.34% below its 52 week high of $17.08 and 325.29% above its 12-month low of $3.4. The shares are up by over 28.76% in the last three months, and the RSI indicator value of 43.95 is neither bullish nor bearish, tempting investors to stay on the sidelines.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.
Schlumberger Limited (SLB) continued its upward trend with the stock climbing 1.21% or $1.05 to close the day at $87.48 on active trading volume of 8.74M shares, compared to its three month average trading volume of 5.4M. The Houston Texas 77056 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 42.92%, compared to the industry which has advanced 44.34% over the same period. With RSI of 63.73, the stock should still continue to rise and get closer to its one year target estimate of $95.7, making it a hold for now.
Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industry worldwide. Its Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Its Drilling Group segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and related support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services. Its Production Group segment provides well services comprising pressure pumping, well cementing, stimulation, and intervention services; well completion services and equipment that include packers, safety valves, and sand control technology, as well as completions technology and equipment; artificial lifts; coiled tubing equipment and services, and slickline services; development, management, and environmental protection services for water resources; and integrated production and production management services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
Visa Inc. (V) gained $0.33 to close the day at a new closing price of $81.59, a 0.41% increase in value from its previous closing price that moved the stock 24.34% above its 52 week low of $66.12. A total of 8.49M shares exchanged hands during the day compared with its three month average trading volume of 10.63M. The stock, which fluctuated between $80.98 and $81.83 during the day, currently situated -2.62% below its 52 week high. The stock is up by 2.63% in the past one month and down by -0.47% over the past three months. With a one year target estimate of $94.55 and RSI of 60.14, the stock still has upside potential, making it a hold for now.
Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants. The company also offers gateway services for merchants to accept, process, and reconcile payments; manage fraud; and safeguard payment security online, as well as processing services for participating issuers of visa debit, prepaid, and ATM payment products. In addition, it provides digital products, including Visa Checkout that offers consumers an expedited and secure payment experience for online transactions; and Visa Direct, a push payment product platform, which facilitates payer-initiated transactions that are sent directly to the Visa account of the recipient, as well as Visa token service that replaces the card account numbers from the transaction with a token. Further the company offers corporate (travel) and purchasing card products, as well as value-added services. It provides its services under the Visa, Visa Electron, Interlink, V PAY, and PLUS brands. The company has a strategic partnership agreement with Oman Arab Bank to convert the banks current electron cards to chip-and-PIN debit cards. Visa Inc. was incorporated in 2007 and is headquartered in San Francisco, California.