Benzinga | Aug 5, 2020 08:30AM EDT

Oasis Petroleum Q2 Adj. EPS $0.23 Beats $(0.11) Estimate, Sales $166.35M Miss $248.97M Estimate

Oasis Petroleum (NASDAQ:OAS) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $(0.11) by 309.09 percent. This is a 666.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $166.35 million which missed the analyst consensus estimate of $248.97 million by 33.18 percent. This is a 68.58 percent decrease over sales of $529.40 million the same period last year.