Your email has been successfully added to our mailing list.

×
0.000228102189781123 -0.0020529197080291 -0.0155109489051094 -0.0351277372262773 -0.0351277372262773 -0.0351277372262773 -0.0351277372262773 -0.0351277372262773
Stock impact report

Oasis Petroleum Files For Bankruptcy; Stock Sinks 14% [Yahoo! Finance News]

Oasis Petroleum Inc. (OAS) 
Last oasis petroleum inc. earnings: 2/25 05:28 pm Check Earnings Report
US:NYSE Investor Relations: oasispetroleum.com/investors
Shares of Oasis Petroleum are down another 14% in Thursday's pre-market trading after plunging 31.6% yesterday, as the company filed for Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. As part of the the bankruptcy proceedings, Oasis is working on a plan with creditors to reduce its debt by $1.8 billion and strengthen its balance sheet. The energy company expects to emerge from bankruptcy in November, subject to court approval.Oasis (OAS) said that it “has received a commitment for $450 million in debtor-in-possession financing from its existing lenders,” which is expected to provide sufficient liquidity to maintain operations. The company will have about $340 million of borrowings under its credit facility.The company said “In light of a volatile market environment that drove a severe downturn in oil and gas prices, as well as the unprecedented impact of the COVID-19 pandemic, Oasis Petroleum engaged with its lenders and an ad hoc committee of noteholders Show less Read more
Impact Snapshot
Event Time:
OAS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OAS alerts
Opt-in for
OAS alerts

from News Quantified
Opt-in for
OAS alerts

from News Quantified