Oasis Midstream Partners LP (OMP) Plans $0.02 Special Dividend

Oasis Midstream Partners LP (NYSE:OMP) declared a special dividend on Tuesday, February 6th, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be given a dividend of 0.0245 per share on Monday, February 26th. This represents a yield of 0.00131437768240343%. The ex-dividend date is Thursday, February 15th.

Shares of Oasis Midstream Partners (NYSE:OMP) opened at $16.88 on Friday. Oasis Midstream Partners has a fifty-two week low of $15.57 and a fifty-two week high of $19.65.

A number of research analysts recently weighed in on the company. Zacks Investment Research downgraded Oasis Midstream Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. Credit Suisse Group started coverage on Oasis Midstream Partners in a report on Friday, January 5th. They set a “neutral” rating and a $19.00 price objective for the company. Finally, Johnson Rice started coverage on Oasis Midstream Partners in a report on Tuesday, October 24th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $21.50.

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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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