June 21, 2018 - 8:30 AM EDT
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Today's Research Reports on Trending Tickers: Oasis Petroleum and Whiting Petroleum

NEW YORK, NY / ACCESSWIRE / June 21, 2018 / U.S. markets were mixed Wednesday as global trade concerns continue to be a focus. The Nasdaq and S&P 500 Index posted gains driven by deal making activities and on hopes of improving trade relations between the U.S. and the European Union, while the Dow Jones posted its 7th consecutive decline. The S&P 500 Index gained 0.17 percent to close at 2,767.32, while the Nasdaq Composite jumped 0.72 percent to close at 7,781.51. The Dow Jones Industrial Average declined 0.17 percent to close at 24,657.80.

RDIInitiates Coverage on:

OasisPetroleum Inc.
https://rdinvesting.com/news/?ticker=OAS

WhitingPetroleum Corporation
https://rdinvesting.com/news/?ticker=WLL

Oasis Petroleum's stock jumped 4.96% Wednesday, to close the day at $13.11. The stock recorded a trading volume of 8,282,969 shares, which was below its three months average volume of 10,737,007 shares. In the last year, Oasis Petroleum's shares have traded in a range of 6.69 - 13.70. The share price has gained 95.96% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $12.26 is above its 200-day moving average of $9.59. Shares of the company are trading at a Price to Earnings ratio of 32.77. Shares of Oasis Petroleum have gained roughly 2.90 percent in the past month and are up 55.89 percent year-to-date.

AccessRDI's Oasis Petroleum Inc. Research Report at:

https://rdinvesting.com/news/?ticker=OAS

On Wednesday, shares of Whiting Petroleum recorded a trading volume of 4,467,455 shares, which was below the three months average volume of 4,914,881 shares. The stock ended the day 4.58% higher at $51.19. The share price has fallen 7.05% from its 52 week high with a 52 week trading range of 15.88 - 55.07. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $49.67 is above its 200-day moving average of $34.83. Shares of Whiting Petroleum have fallen roughly 1.58 percent in the past month and are up 93.32 percent year-to-date.

AccessRDI's Whiting Petroleum Corporation Research Report at:

https://rdinvesting.com/news/?ticker=WLL

Our Actionable Research on Oasis Petroleum Inc. (NYSE: OAS) and Whiting Petroleum Corporation (NYSE: WLL) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com


Source: ACCESSWIRE Investor Awareness (June 21, 2018 - 8:30 AM EDT)

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