As of June 21, 2025, Oasis Petroleum Inc (OAS) reports a Current Ratio of 1.32.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Oasis Petroleum Inc's Current Ratio
Over recent years, Oasis Petroleum Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 1.32 |
| 2020-12-31 | 0.80 |
| 2019-12-31 | 0.73 |
| 2018-12-31 | 0.91 |
| 2017-12-31 | 0.66 |
This slight upward trend highlights how Oasis Petroleum Inc manages its short-term assets and liabilities over time.
Comparing Oasis Petroleum Inc's Current Ratio to Peers
To better understand Oasis Petroleum Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Oasis Petroleum Inc (OAS) | 1.32 |
| Paramount Resources Ltd (POU.TO) | 3.90 |
| Magnolia Oil & Gas Corp (MGY) | 1.42 |
| Parex Resources Inc (PXT.TO) | 1.32 |
| GeoPark Ltd (GPRK) | 1.17 |
| ARC Resources Ltd (ARX.TO) | 1.14 |
Compared to its competitors, Oasis Petroleum Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.