Oasis Petroleum Inc. (NYSE:OAS), Goldcorp Inc. (USA) (NYSE:GG)

On Wednesday, Shares of Oasis Petroleum Inc. (NYSE:OAS), added 7.58% and closed at $12.21 in the last trading session. The last trading range of the stock ranges between $11.45 and $12.29. The company’s Market capitalization is $2.94 Billion with the total Outstanding Shares of 236.37 million. – Oasis Petroleum Inc. (OAS) (“Oasis” or the “Company”) recently declared financial results for the quarter ended September 30, 2016 and offered an operational update.

Highlights include:

Produced 48,509 Boepd in the third quarter of 2016.

Total capital expenditures (“CapEx”) were $78.5 million and $297.7 million for the three and nine months ended September 30, 2016, respectively, in line with the Company’s 2016 CapEx plan.

Net cash offered by operating activities was $123.4 million for the three months ended September 30, 2016. Adjusted EBITDA for the Company was $104.4 million in the third quarter of 2016. For a definition of Adjusted EBITDA and a reconciliation of net income (loss) and net cash offered by (used in) operating activities to Adjusted EBITDA, see “Non-GAAP Financial Measures” below.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $3.39 and reached to max level of $12.75. The EPS of company is strolling at -1.07.

Shares of Goldcorp Inc. (USA) (NYSE:GG), jumped 1.83% and closed at $15.02 in the last trading session. The last trading range of the stock ranges between $14.78 and $15.69. The company’s Market capitalization is $12.88 Billion with the total Outstanding Shares of 853.66 million. Cariboo Rose Resources Ltd. (TSX VENTURE: CRB) (“Cariboo Rose”) and Casino Mining Corp. (“Casino Mining”), a wholly owned partner of Western Copper and Gold Corp. (WRN) (NYSE MKT: WRN) (“Western”) have reached a contract (the “Purchase Agreement”) whereby Cariboo Rose will exercise its option to acquire 55 mineral claims known as the Casino “B” Claims, and Casino Mining will purchase nine of the Casino “B” Claims in return for 500,000 common shares of Western.

The Casino “B” Claims are under option to Cariboo Rose by way of an option agreement reached in May 2000 by previous owners of the Casino Project. Cariboo Rose has now substantially met all obligations contained in the option agreement, but the agreement requires Cariboo Rose to wait until May 2020 to exercise the option.

Following the Purchase Agreement, Cariboo Rose will be deemed to have exercised its right to buy the 55 Casino “B” claims on the closing date, receive 500,000 common shares of Western, and be granted reasonable right to access its Canadian Creek project over Casino Mining’s mineral claims. In return, Western will acquire nine (9) of the Casino “B” Claims and will have a right of first refusal on the other 46 Casino “B” Claims.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $9.46 and reached to max level of $20.38. The EPS of company is strolling at -5.07.

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