Oasis Petroleum Inc
Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities. The company was formerly known as Oasis… Read more
Oasis Petroleum Inc (OASPW) - Net Assets
Latest net assets as of September 2024: $8.78 Billion USD
Based on the latest financial reports, Oasis Petroleum Inc (OASPW) has net assets worth $8.78 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.03 Billion) and total liabilities ($4.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.78 Billion |
| % of Total Assets | 67.34% |
| Annual Growth Rate | 18.62% |
| 5-Year Change | 32.3% |
| 10-Year Change | 171.14% |
| Growth Volatility | 77.61 |
Oasis Petroleum Inc - Net Assets Trend (2010–2023)
This chart illustrates how Oasis Petroleum Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oasis Petroleum Inc (2010–2023)
The table below shows the annual net assets of Oasis Petroleum Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $5.08 Billion | +8.48% |
| 2022-12-31 | $4.68 Billion | +283.10% |
| 2021-12-31 | $1.22 Billion | +20.62% |
| 2020-12-31 | $1.01 Billion | -73.61% |
| 2019-12-31 | $3.84 Billion | -2.09% |
| 2018-12-31 | $3.92 Billion | +11.54% |
| 2017-12-31 | $3.51 Billion | +20.20% |
| 2016-12-31 | $2.92 Billion | +26.03% |
| 2015-12-31 | $2.32 Billion | +23.88% |
| 2014-12-31 | $1.87 Billion | +38.84% |
| 2013-12-31 | $1.35 Billion | +69.63% |
| 2012-12-31 | $795.00 Million | +25.35% |
| 2011-12-31 | $634.24 Million | +14.94% |
| 2010-12-31 | $551.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oasis Petroleum Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 205348300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.96 Billion | 38.62% |
| Common Stock | $456.00K | 0.01% |
| Other Components | $3.12 Billion | 61.37% |
| Total Equity | $5.08 Billion | 100.00% |
Oasis Petroleum Inc Competitors by Market Cap
The table below lists competitors of Oasis Petroleum Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Furukawa Electric Co. Ltd
PINK:FUWAF
|
$3.34 Billion |
|
Siegfried Holding Ltd
SW:SFZN
|
$3.34 Billion |
|
Holmen AB (publ)
PINK:HLMMF
|
$3.34 Billion |
|
Goke Microelectronics Co Ltd
SHE:300672
|
$3.34 Billion |
|
mBank SA
WAR:MBK
|
$3.33 Billion |
|
Beijing Enterprises Water Group Limited
PINK:BJWTY
|
$3.33 Billion |
|
Sofina Société Anonyme
PINK:SFNXF
|
$3.33 Billion |
|
Stepstone Group Inc
NASDAQ:STEP
|
$3.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oasis Petroleum Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,679,798,000 to 5,076,624,000, a change of 396,826,000 (8.5%).
- Net income of 1,023,779,000 contributed positively to equity growth.
- Dividend payments of 500,304,000 reduced retained earnings.
- Share repurchases of 239,339,000 reduced equity.
- Other factors increased equity by 112,690,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.02 Billion | +20.17% |
| Dividends Paid | $500.30 Million | -9.86% |
| Share Repurchases | $239.34 Million | -4.71% |
| Other Changes | $112.69 Million | +2.22% |
| Total Change | $- | 8.48% |
Book Value vs Market Value Analysis
This analysis compares Oasis Petroleum Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.82x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $11.40 | $55.01 | x |
| 2011-12-31 | $6.88 | $55.01 | x |
| 2012-12-31 | $8.59 | $55.01 | x |
| 2013-12-31 | $14.44 | $55.01 | x |
| 2014-12-31 | $18.65 | $55.01 | x |
| 2015-12-31 | $17.82 | $55.01 | x |
| 2016-12-31 | $15.92 | $55.01 | x |
| 2017-12-31 | $14.77 | $55.01 | x |
| 2018-12-31 | $12.15 | $55.01 | x |
| 2019-12-31 | $11.54 | $55.01 | x |
| 2020-12-31 | $45.59 | $55.01 | x |
| 2021-12-31 | $50.02 | $55.01 | x |
| 2022-12-31 | $145.11 | $55.01 | x |
| 2023-12-31 | $116.98 | $55.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oasis Petroleum Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.27%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.36x
- Recent ROE (20.17%) is above the historical average (-21.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -5.38% | -23.03% | 0.19x | 1.25x | $-84.87 Million |
| 2011 | 12.52% | 24.03% | 0.19x | 2.72x | $15.97 Million |
| 2012 | 19.29% | 22.34% | 0.27x | 3.18x | $73.89 Million |
| 2013 | 16.90% | 19.96% | 0.24x | 3.49x | $93.10 Million |
| 2014 | 27.07% | 36.46% | 0.23x | 3.17x | $319.65 Million |
| 2015 | -1.74% | -5.10% | 0.14x | 2.44x | $-272.18 Million |
| 2016 | -17.11% | -70.97% | 0.11x | 2.11x | $-792.41 Million |
| 2017 | 3.52% | 9.92% | 0.19x | 1.88x | $-227.56 Million |
| 2018 | -0.95% | -1.52% | 0.30x | 2.04x | $-408.75 Million |
| 2019 | -8.75% | -16.48% | 0.26x | 2.06x | $-681.79 Million |
| 2020 | -411.66% | -348.05% | 0.50x | 2.36x | $-3.86 Billion |
| 2021 | 18.29% | 11.96% | 0.52x | 2.93x | $85.67 Million |
| 2022 | 30.57% | 39.23% | 0.55x | 1.42x | $962.48 Million |
| 2023 | 20.17% | 26.27% | 0.56x | 1.36x | $516.12 Million |
Industry Comparison
This section compares Oasis Petroleum Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oasis Petroleum Inc (OASPW) | $8.78 Billion | -5.38% | 0.49x | $3.33 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |