Oasis Petroleum (OAS), Academy Sports & Outdoors (ASO), and McAfee Corporation (MCFE) are three examples of stocks that IPO’d in the past 12 months that are commonly overlooked simply because the IPO euphoria is fading. The fact that each of these stocks has a B POWR rating grade makes them that much more intriguing.
OAS has been in business since ’07. Based in Houston, TX, OAS is an independent explorer for oil and natural gas. OAS’s assets are mainly centered in the Montana and North Dakota sections of the Willison Basin. The company’s aggregate leasehold position in this space is about 500,000 net acres.