Oasis Petroleum Inc
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Bradley Holly
- Full Time Employees
- 356
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1700 Lincoln Street, Ste 4700 Denver CO United States of America 80203-4547
- IPO Date
- Nov 20, 2003
- CIK
- 0001255474
- Website
- whiting.com
- Similar Companies
- Business
- Oasis Petroleum Inc (WLL) operates as an independent exploration and production company focused on the acquisition, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks formations. The company offers upstream operations including unconventional onshore oil-rich resource development through drilling, completion, and production activities; it previously provided midstream services via Oasis Midstream Partners LP, encompassing pipeline transportation and related infrastructure, though this unit was divested. Founded in 2007 and formerly headquartered in Houston, Texas, Oasis maintains operations across the continental United States with a focus on rigorous capital discipline, free cash flow generation, and efficient, safe resource exploitation. In 2022, Oasis Petroleum Inc completed a merger of equals with Whiting Petroleum Corporation in a $6.0 billion transaction, creating Chord Energy Corporation (NASDAQ: CHRD), a scaled Williston Basin producer with approximately 972,000 net acres, combined production exceeding 167,000 barrels of oil equivalent per day, and enhanced cost synergies of $65 million annually; post-merger, the entity trades under CHRD, with Whiting shareholders owning about 53% and Oasis shareholders 47%, and headquarters established in Houston while retaining a Denver office. Recent strategic changes include the 2022 sale of Oasis Midstream Partners to Crestwood Equity Partners LP, fully positioning the company in core Williston assets; the upstream divestiture of non-core Permian Basin holdings for $481 million in 2021 to bolster the balance sheet and leverage; Chord Energy's $11 billion acquisition of Enerplus Corporation in 2024, expanding high-quality inventory and operational scale; and in 2025, the $550 million purchase of XTO Energy's Williston Basin assets, adding 48,000 net acres and 9,000 barrels of oil equivalent per day in production for long-lateral development synergies.
Here's Why Hold Strategy is Apt for MPLX Stock Right Now
Strength Seen in Whiting Petroleum Corporation (WLL): Can Its 5.5% Jump Turn into More Strength?
Permian Basin & Eagle Ford Crude Oil Rig Count Increases
Best Value Stocks to Buy for June 21st
Permian Crude Oil Rig Count Flat, Eagle Ford Tally Increases
Can Whiting Petroleum Corporation (WLL) Run Higher on Rising Earnings Estimates?
Permian Oil Rig Count Declines Despite High Crude Price
Whiting (WLL) Stock Rises Since Q1 Earnings: Here's Why
Permian Oil Rig Count Rises After Being Flat in Past 2 Weeks
Deep Dive: 8 oil stocks that are still bargains for long-term investors
Whiting Petroleum Corporation (WLL) Misses Q1 Earnings Estimates
Whiting Petroleum Corporation (WLL) is a Great Momentum Stock: Should You Buy?
Can Whiting Petroleum Corporation (WLL) Keep the Earnings Surprise Streak Alive?
Permian Oil Rig Count Increases in 10 of the Prior 11 Weeks
New Strong Buy Stocks for April 11th
Permian Oil Rig Count Increases in 9 of the Prior 10 Weeks
Whiting Petroleum Corporation (WLL) Up 23.1% Since Last Earnings Report: Can It Continue?
Here's Why Momentum Investors Will Love Whiting Petroleum Corporation (WLL)
Permian Oil Rig Count Falls After Rising For 7 Straight Weeks
Oil & Gas Stock Roundup Headlined by Whiting-Oasis Merger