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Holly LaFon
Holly LaFon
Articles (5571) 

Baron Funds Comments on Oasis Petroleum Inc.

December 10, 2013 | About:

Oasis Petroleum, Inc. (NYSE:OAS) is an independent exploration and production company that is one of the largest players in the Williston Basin Bakken Shale oil play. The company's shares strengthened throughout the third quarter following an acquisition of one of the largest remaining private companies in the basin that is both accretive to earnings and to net asset value. The deal increased its acreage position by over 50%, removing investor concerns about the depth and breadth of its drilling inventory and future growth potential.

From Ron Baron's Baron Funds third quarter 2013 commentary.


Rating: 3.7/5 (3 votes)

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