KNOT Offshore Partners LP (KNOP) Forms $20.10 Double Bottom; Luminus Management Increased Oasis Pete New (OAS) Holding By $8.10 Million

Luminus Management Llc increased Oasis Pete Inc New (OAS) stake by 64.28% reported in 2017Q3 SEC filing. Luminus Management Llc acquired 899,983 shares as Oasis Pete Inc New (OAS)’s stock declined 14.07%. The Luminus Management Llc holds 2.30M shares with $20.98 million value, up from 1.40 million last quarter. Oasis Pete Inc New now has $2.54B valuation. The stock increased 2.28% or $0.18 during the last trading session, reaching $8.06. About 12.21M shares traded or 5.30% up from the average. Oasis Petroleum Inc. (NYSE:OAS) has risen 26.53% since March 2, 2017 and is uptrending. It has outperformed by 9.83% the S&P500.

KNOT Offshore Partners LP (KNOP) formed double bottom with $19.30 target or 4.00% below today’s $20.10 share price. KNOT Offshore Partners LP (KNOP) has $668.38M valuation. The stock increased 1.01% or $0.2 during the last trading session, reaching $20.1. About 37,022 shares traded. KNOT Offshore Partners LP (NYSE:KNOP) has risen 22.68% since March 2, 2017 and is uptrending. It has outperformed by 5.98% the S&P500.

Among 6 analysts covering KNOT Offshore Partners (NYSE:KNOP), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. KNOT Offshore Partners has $24 highest and $14 lowest target. $20.60’s average target is 2.49% above currents $20.1 stock price. KNOT Offshore Partners had 11 analyst reports since August 14, 2015 according to SRatingsIntel. Clarkson Platou Securities downgraded it to “Neutral” rating and $20 target in Wednesday, October 14 report. The firm has “Overweight” rating by Barclays Capital given on Friday, August 14. The firm has “Neutral” rating by Citigroup given on Tuesday, January 12. The stock of KNOT Offshore Partners LP (NYSE:KNOP) has “Outperform” rating given on Friday, August 14 by RBC Capital Markets. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, August 17. On Monday, February 22 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of KNOT Offshore Partners LP (NYSE:KNOP) has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. The stock has “Neutral” rating by Citigroup on Monday, July 11. The company was initiated on Tuesday, August 25 by Wells Fargo.

Since September 22, 2017, it had 0 buys, and 2 selling transactions for $227,888 activity. On Friday, September 22 Lou Michael H sold $131,550 worth of Oasis Petroleum Inc. (NYSE:OAS) or 15,000 shares. $96,338 worth of Oasis Petroleum Inc. (NYSE:OAS) shares were sold by Lorentzatos Nickolas J.

Among 36 analysts covering Oasis Petroleum Inc. (NYSE:OAS), 22 have Buy rating, 0 Sell and 14 Hold. Therefore 61% are positive. Oasis Petroleum Inc. had 143 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, July 18, the company rating was maintained by Cowen & Co. The rating was downgraded by Wunderlich on Thursday, January 28 to “Hold”. On Monday, April 3 the stock rating was upgraded by BMO Capital Markets to “Outperform”. Wunderlich maintained Oasis Petroleum Inc. (NYSE:OAS) on Wednesday, May 11 with “Hold” rating. On Friday, November 3 the stock rating was upgraded by Evercore to “Outperform”. Susquehanna maintained it with “Neutral” rating and $5.50 target in Tuesday, January 26 report. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Buy” rating given on Wednesday, October 7 by Topeka Capital Markets. BMO Capital Markets upgraded it to “Outperform” rating and $16 target in Monday, August 17 report. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Neutral” rating given on Thursday, April 7 by Citigroup. The rating was initiated by JP Morgan on Wednesday, December 9 with “Neutral”.