Oasis Midstream Partners LP (OMP) Given Average Rating of “Buy” by Brokerages
Shares of Oasis Midstream Partners LP (NYSE:OMP) have been assigned a consensus rating of “Buy” from the eleven analysts that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $21.50.
Several analysts have weighed in on the stock. Zacks Investment Research cut shares of Oasis Midstream Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. Credit Suisse Group began coverage on shares of Oasis Midstream Partners in a research note on Friday, January 5th. They set a “neutral” rating and a $19.00 price objective on the stock.
Several hedge funds have recently made changes to their positions in the company. Castleton Investment Management LLC lifted its position in shares of Oasis Midstream Partners by 25.0% during the fourth quarter. Castleton Investment Management LLC now owns 50,000 shares of the company’s stock worth $872,000 after purchasing an additional 10,000 shares in the last quarter. Salem Investment Counselors Inc. acquired a new position in shares of Oasis Midstream Partners during the third quarter worth approximately $187,000. NBW Capital LLC lifted its position in shares of Oasis Midstream Partners by 2.6% during the fourth quarter. NBW Capital LLC now owns 435,898 shares of the company’s stock worth $7,602,000 after purchasing an additional 11,117 shares in the last quarter. EJF Capital LLC acquired a new position in shares of Oasis Midstream Partners during the third quarter worth approximately $254,000. Finally, Kayne Anderson Capital Advisors LP lifted its position in shares of Oasis Midstream Partners by 3.1% during the fourth quarter. Kayne Anderson Capital Advisors LP now owns 1,372,075 shares of the company’s stock worth $23,927,000 after purchasing an additional 41,075 shares in the last quarter. Institutional investors own 25.34% of the company’s stock.
The business also recently announced a special dividend, which was paid on Monday, February 26th. Stockholders of record on Friday, February 16th were given a dividend of $0.0245 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a dividend yield of 0.00131437768240343%.
Oasis Midstream Partners Company Profile
Oasis Midstream Partners LP is a master limited partnership company. The Company is formed to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations exclusively within the Williston Basin. The Company’s midstream services include gas gathering, compression, processing and gas lift services; crude gathering, stabilization, blending, storage and transportation services; produced water gathering and disposal services; and freshwater distribution services.
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