Oasis Midstream Partners (OMP) Stock Price, News & Analysis

Oasis Midstream Partners LP (NASDAQ:OMP) posted its quarterly earnings results on Thursday, November, 4th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.12. The firm earned $105.38 million during the quarter, compared to the consensus estimate of $97.90 million. Oasis Midstream Partners had a net margin of 39.33% and a trailing twelve-month return on equity of 41.79%. During the same period in the previous year, the firm posted $0.78 earnings per share.

Oasis Midstream Partners (NASDAQ:OMP) pays an annual dividend of $2.24 per share and currently has a dividend yield of 9.39%. OMP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 58.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for OMP.

Oasis Midstream Partners (OMP) raised $150 million in an initial public offering (IPO) on Thursday, September 21st 2017. The company issued 7,500,000 shares at a price of $19.00-$21.00 per share. Morgan Stanley, Citigroup and Wells Fargo Securities acted as the underwriters for the IPO and Credit Suisse, Deutsche Bank Securities, Goldman Sachs, J.P. Morgan, RBC Capital Markets, BOK Financial Securities, BB&T Capital Markets, BBVA, BTIG, Capital One Securities, CIBC Capital Markets, Citizens Capital Markets, Comerica Securities, Heikkinen Energy Advisors, IBERIA Capital Partners, ING, Johnson Rice & Company, Raymond James, Regions Securities, Simmons & Company International (Energy Specialists of Piper Jaffray and Tudor, Pickering, Holt were co-managers.