J P Morgan Chase & Co assumed coverage on shares of Oasis Midstream Partners LP (NYSE:OMP) in a research note released on Monday, October 16th, Marketbeat Ratings reports. The firm issued an overweight rating and a $22.00 target price on the stock.
Separately, Royal Bank Of Canada began coverage on shares of Oasis Midstream Partners in a research report on Monday, October 16th. They set an outperform rating and a $21.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Oasis Midstream Partners has a consensus rating of Buy and an average price target of $21.86.
Shares of Oasis Midstream Partners (OMP) traded up 1.22% during trading on Monday, reaching $16.56. The company had a trading volume of 70,420 shares. Oasis Midstream Partners has a 12 month low of $15.57 and a 12 month high of $18.24. The company’s market cap is $227.70 million. The firm has a 50 day moving average price of $17.08 and a 200 day moving average price of $17.08.
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In other Oasis Midstream Partners news, Director Thomas B. Nusz bought 5,000 shares of the stock in a transaction dated Monday, September 25th. The shares were bought at an average cost of $17.00 per share, with a total value of $85,000.00. Following the completion of the acquisition, the director now owns 5,000 shares of the company’s stock, valued at $85,000. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Taylor L. Reid bought 20,000 shares of the stock in a transaction dated Monday, September 25th. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $340,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at approximately $340,000. The disclosure for this purchase can be found here. Insiders have acquired 55,900 shares of company stock valued at $950,300 over the last 90 days.
A hedge fund recently bought a new stake in Oasis Midstream Partners stock. State of New Jersey Common Pension Fund D bought a new position in shares of Oasis Midstream Partners LP (NYSE:OMP) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 150,000 shares of the company’s stock, valued at approximately $2,544,000. State of New Jersey Common Pension Fund D owned 1.09% of Oasis Midstream Partners at the end of the most recent quarter. Institutional investors own 0.13% of the company’s stock.
About Oasis Midstream Partners
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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