Oasis Midstream Partners (NYSE:OMP) Plans Quarterly Dividend of $0.39

Oasis Midstream Partners (NYSE:OMP) declared a quarterly dividend on Monday, May 7th, Zacks reports. Investors of record on Thursday, May 17th will be paid a dividend of 0.393 per share on Tuesday, May 29th. This represents a $1.57 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Wednesday, May 16th. This is an increase from Oasis Midstream Partners’s previous quarterly dividend of $0.38.

Shares of Oasis Midstream Partners opened at $19.69 on Friday, according to Marketbeat Ratings. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.21. The company has a market cap of $495.47 million and a P/E ratio of 45.79. Oasis Midstream Partners has a 52 week low of $17.83 and a 52 week high of $17.88.

Oasis Midstream Partners (NYSE:OMP) last posted its quarterly earnings data on Tuesday, May 8th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.08). The company had revenue of $61.42 million for the quarter, compared to analyst estimates of $41.18 million. equities research analysts predict that Oasis Midstream Partners will post 1.82 EPS for the current year.

OMP has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Oasis Midstream Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, March 6th. ValuEngine cut shares of Oasis Midstream Partners from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $21.22.

Oasis Midstream Partners Company Profile

Oasis Midstream Partners LP provides crude oil, natural gas, and water-related midstream services in North America. It is involved in various activities, including natural gas gathering, compression, processing, and gas lift supply; crude oil gathering, stabilization, blending, and storage; gathering, transportation, gathering and disposal of produced and flow back water; freshwater distribution; and supply and distribution of fracwater and flushwater.

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