Why Taylor Reid Unloaded 30,000 Shares of Oasis Petroleum Inc. (OAS)?; 2 Analysts Bullish Era Group Inc. (ERA)

May 18, 2018 - By Kurt Siggers

Era Group Inc. (NYSE:ERA) Logo

Among 2 analysts covering Era Group Inc (NYSE:ERA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Era Group Inc had 4 analyst reports since September 15, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Outperform” on Friday, October 23. The stock of Era Group Inc. (NYSE:ERA) earned “Outperform” rating by Oppenheimer on Tuesday, September 15. See Era Group Inc. (NYSE:ERA) latest ratings:

Era Group Inc. provides helicopter transportation services primarily to the gas and oil exploration, development, and production companies. The company has market cap of $274.79 million. The Company’s helicopter services include emergency response search and rescue; air medical services; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, VIP transport, power line, and pipeline survey activities. It currently has negative earnings. The firm also leases helicopters to third parties and foreign affiliates; engineers, makes, and distributes after-market helicopter parts and accessories; and provides classroom instruction, flight simulator, and other training services.

More recent Era Group Inc. (NYSE:ERA) news were published by: Globenewswire.com which released: “Era Group Announces Q1 2018 Earnings Release Call” on April 24, 2018. Also Globenewswire.com published the news titled: “Era Group Inc. Reports First Quarter 2018 Results” on May 01, 2018. Seekingalpha.com‘s news article titled: “Era Group’s (ERA) CEO Chris Bradshaw on Q1 2018 Results – Earnings Call Transcript” with publication date: May 02, 2018 was also an interesting one.

Since March 12, 2018, it had 0 buys, and 12 selling transactions for $487,359 activity. Stavley Stuart also sold $17,307 worth of Era Group Inc. (NYSE:ERA) shares. Whalen Jennifer Dawn also sold $8,491 worth of Era Group Inc. (NYSE:ERA) on Thursday, March 15. Shares for $59,610 were sold by Bradshaw Christopher Scott. Another trade for 16,367 shares valued at $157,873 was sold by White Paul T.

Investors sentiment decreased to 1.43 in 2017 Q4. Its down 0.34, from 1.77 in 2017Q3. It worsened, as 8 investors sold Era Group Inc. shares while 29 reduced holdings. 22 funds opened positions while 31 raised stakes. 18.18 million shares or 0.09% more from 18.16 million shares in 2017Q3 were reported. State Of Alaska Department Of Revenue invested in 3,915 shares. Thompson Siegel And Walmsley Limited Liability Corporation, Virginia-based fund reported 1,300 shares. The Delaware-based Riverhead Capital Ltd has invested 0% in Era Group Inc. (NYSE:ERA). Bnp Paribas Arbitrage reported 10,974 shares. 357,604 are owned by National Bank Of Mellon. Principal Fincl Group Inc reported 151,205 shares. Tocqueville Asset Mngmt Lp has invested 0% in Era Group Inc. (NYSE:ERA). Ls Investment Advsrs Limited Liability Corporation accumulated 0% or 651 shares. Redwood Mgmt Limited Liability Company invested in 18,206 shares or 0.02% of the stock. Donald Smith Communications Inc owns 0.12% invested in Era Group Inc. (NYSE:ERA) for 476,120 shares. New York-based Walthausen And Ltd Liability Co has invested 0.67% in Era Group Inc. (NYSE:ERA). Moreover, South Dakota Inv Council has 0.02% invested in Era Group Inc. (NYSE:ERA) for 84,165 shares. Citigroup Inc invested 0% of its portfolio in Era Group Inc. (NYSE:ERA). Voya Mgmt Limited Co holds 14,054 shares. Moreover, State Board Of Administration Of Florida Retirement System has 0% invested in Era Group Inc. (NYSE:ERA) for 22,675 shares.

The stock increased 3.51% or $0.43 during the last trading session, reaching $12.67. About 55,362 shares traded. Era Group Inc. (NYSE:ERA) has declined 19.60% since May 18, 2017 and is downtrending. It has underperformed by 31.15% the S&P500.

Analysts await Oasis Petroleum Inc. (NYSE:OAS) to report earnings on August, 1. They expect $0.07 earnings per share, up 240.00% or $0.12 from last year’s $-0.05 per share. OAS’s profit will be $22.21 million for 45.57 P/E if the $0.07 EPS becomes a reality. After $0.10 actual earnings per share reported by Oasis Petroleum Inc. for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

The stock increased 3.66% or $0.45 during the last trading session, reaching $12.76. About 8.90 million shares traded. Oasis Petroleum Inc. (NYSE:OAS) has declined 35.79% since May 18, 2017 and is downtrending. It has underperformed by 47.34% the S&P500.

Among 38 analysts covering Oasis Petroleum Inc. (NYSE:OAS), 24 have Buy rating, 2 Sell and 12 Hold. Therefore 63% are positive. Oasis Petroleum Inc. has $20 highest and $3 lowest target. $12.52’s average target is -1.88% below currents $12.76 stock price. Oasis Petroleum Inc. had 164 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Monday, January 29. Citigroup maintained the shares of OAS in report on Thursday, April 7 with “Neutral” rating. The firm has “Hold” rating by Deutsche Bank given on Tuesday, July 18. Citigroup maintained the stock with “Sell” rating in Monday, September 14 report. UBS upgraded Oasis Petroleum Inc. (NYSE:OAS) on Thursday, June 8 to “Buy” rating. Cowen & Co maintained Oasis Petroleum Inc. (NYSE:OAS) rating on Monday, July 10. Cowen & Co has “Buy” rating and $1400 target. The stock of Oasis Petroleum Inc. (NYSE:OAS) earned “Sell” rating by SunTrust on Monday, April 23. Wunderlich upgraded the stock to “Buy” rating in Thursday, August 6 report. Jefferies maintained the shares of OAS in report on Tuesday, December 12 with “Buy” rating. On Thursday, October 20 the stock rating was upgraded by Tudor Pickering to “Buy”.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. The company has market cap of $4.05 billion. As of December 31, 2016, the firm had 517,801 net leasehold acres in the Williston Basin; and approximately 305.1 million barrels of oil equivalent of estimated net proved reserves. It has a 24.54 P/E ratio. It also operates midstream services and a well services businesses.

Investors sentiment increased to 1.47 in Q4 2017. Its up 0.44, from 1.03 in 2017Q3. It improved, as 35 investors sold Oasis Petroleum Inc. shares while 50 reduced holdings. 51 funds opened positions while 74 raised stakes. 224.26 million shares or 5.34% more from 212.89 million shares in 2017Q3 were reported. Schneider Capital Management Corp owns 213,725 shares or 0.39% of their US portfolio. Numeric Invsts Ltd Limited Liability Company reported 157,700 shares. Citigroup Inc holds 0% or 141,795 shares. Conning Inc has 68,000 shares for 0.01% of their portfolio. Gmt Capital holds 1.69% or 9.88M shares. Hbk Lp holds 526,491 shares or 0.04% of its portfolio. Northwestern Mutual Wealth Mgmt Co accumulated 2,284 shares or 0% of the stock. Chicago Equity Partners Lc holds 139,175 shares. Credit Suisse Ag has 538,531 shares for 0% of their portfolio. Key Gru (Cayman) Ltd invested in 0.67% or 994,712 shares. Goldman Sachs accumulated 0% or 2.04M shares. 800,000 were accumulated by Soros Fund Ltd Company. Verition Fund Mngmt Limited Com has 0.18% invested in Oasis Petroleum Inc. (NYSE:OAS). Great West Life Assurance Can holds 0% or 25,873 shares. Capital Fund Management has 373,625 shares for 0.02% of their portfolio.

Era Group Inc. (NYSE:ERA) Institutional Positions Chart

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By1 Kurt Siggers

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