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Actionable news in OAS: OASIS PETROLEUM Inc,

Oasis Petroleum (OAS) Stock Climbs on Ratings Upgrade

NEW YORK (TheStreet) -- Oasis Petroleum (OAS - Get Report) stock is rising 4.03% to $9.03 in early-morning trading on Tuesday after being upgraded to "buy" from "hold" at Jefferies this morning.

The firm hiked its price target to $12 from $9 on the stock.

The ratings upgrade comes after Oasis reported a 2016 first quarter adjusted loss of 18 cents per share on $130.3 million in revenue, compared to analysts' estimates for a loss of 17 cents per share on revenue of $175 million.

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