Oasis Petroleum (OAS +3.4%) moves up after beating Q4 revenue estimates late yesterday on a...

|About: Oasis Petroleum Inc. (OAS)|By:, SA News Editor

Oasis Petroleum (OAS +3.4%) moves up after beating Q4 revenue estimates late yesterday on a surge in production and higher oil prices. Net earnings actually swung to a loss for the quarter however, as the company took a hit from its derivatives contracts, which masked the overall benefits of the production increase.