Oasis petroleum inc. declares first variable dividend of $3.00 per share

Houston , march 11, 2022 /prnewswire/ -- oasis petroleum inc. (nasdaq: oas) ("oasis" or the "company") announced the declaration of its first variable dividend today in the amount of $3.00 per share of oasis common stock, payable on march 31, 2022 to shareholders of record as of march 21, 2022, in connection with its previously announced plan to return $70 million of capital to shareholders per quarter.  oasis expects to return approximately $70 million of capital in the second quarter of 2022 in the form of its $0.585 per share base dividend and a supplemental variable dividend in advance of closing the proposed merger with whiting petroleum corporation ("whiting").
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