Oasis Petroleum Inc. (OAS)

[TuMaRu]

Oasis Petroleum will likely be next bankruptcy in the shale oil patch, in my opinion. Same formula as before -- public losses to the tune of $4.3 billion dumped on common equity resulting in total collapse of EPS to -$13.70 a share. And a debt load of $2.8 billion that although is late maturity, they won't be able to refinance any time soon. This seems to have Ch. 11 written all over it. Tread (or should I say Trade) with caution.