Oasis Midstream Partners LP (NYSE:OMP) has been assigned an average rating of “Buy” from the eleven brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $21.50.
A number of brokerages have recently issued reports on OMP. Zacks Investment Research downgraded Oasis Midstream Partners from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. Credit Suisse Group began coverage on Oasis Midstream Partners in a report on Friday, January 5th. They set a “neutral” rating and a $19.00 price target on the stock.
Oasis Midstream Partners (NYSE:OMP) remained flat at $$16.50 during trading on Friday. The company’s stock had a trading volume of 76,009 shares, compared to its average volume of 60,841. Oasis Midstream Partners has a 52 week low of $15.57 and a 52 week high of $19.65.
The firm also recently declared a special dividend, which will be paid on Monday, February 26th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.0245 per share. This represents a dividend yield of 0.00131437768240343%. The ex-dividend date of this dividend is Thursday, February 15th.
Several large investors have recently made changes to their positions in the company. Yorkville Capital Management LLC bought a new position in shares of Oasis Midstream Partners during the fourth quarter valued at $1,268,000. NBW Capital LLC lifted its holdings 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 valued at $7,602,000 after purchasing an additional 11,117 shares in the last quarter. Kayne Anderson Capital Advisors LP lifted its holdings 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 valued at $23,927,000 after purchasing an additional 41,075 shares in the last quarter. Castleton Investment Management LLC lifted its holdings 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 valued at $872,000 after purchasing an additional 10,000 shares in the last quarter. Finally, BlackRock Inc. bought a new position in shares of Oasis Midstream Partners during the fourth quarter valued at $1,519,000. 27.30% of the stock is currently owned by hedge funds and other institutional investors.
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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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