Oasis Petroleum 2Q20 Results

On 5 August 2020, Oasis Petroleum Inc. (OAS, Company) reported its second quarter (2Q20) results for the period ended 30 June 2020. Overall, the results reflect the extremely challenging operating environment OAS has experienced since the oil price crashed in mid-March. Total revenues and adjusted EBITDA for 2Q20 were USD166m and USD174m, respectively. Adjusted EBITDA was higher than reported revenues due to a large positive contribution from derivative settlements.