U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp will merge in a $6 billion deal, the companies said on Monday.
Shares of Whiting Petroleum Corp. WLL, +5.67% surged 4.9% and Oasis Petroleum Inc. OAS, +8.18% rallied 5.6% in premarket trading Monday, after the oil and gas production companies announced a "merger
The Wall Street Journal reports a combination of the rival North Dakota shale drillers, which would be worth about $6 billion, could be announced early this week.
U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon as this week, a source familiar with the matte
With oil and natural gas prices on a tear, the Zacks Oil and Gas - US E&P operators like CIVI, SM, OAS, CDEV and LPI are expected to participate in this explosive rally during the coming months.
A recently closed acquisition is giving the company the fuel to boost its payout.

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Oasis Petroleum's (OAS) total operating expenses in the third quarter descend to $203.9 million from the sequential quarter's $240.5 million.
The high-yield energy stock is combining with a rival to significantly increase its scale and cash flow.
With oil prices having rebounded to above $65 per barrel, Permian operators like Pioneer Natural Resources (PXD), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase pro
HOUSTON, Aug. 10, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today released its inaugural sustainability report, which outlines the Company's commitment to env
Oasis Petroleum's (OAS) total production edged up 0.3% from the year-ago level to 54.271 MBOE/d and surpassed the Zacks Consensus Estimate of 53.3 MBOE/d.
HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced financial and operating results for the second quarter of 2021, declared its secon
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