Oasis Midstream Partners (OMP) Scheduled to Post Earnings on Monday

Oasis Midstream Partners (NYSE:OMP) will be releasing its earnings data after the market closes on Monday, November 5th. Analysts expect Oasis Midstream Partners to post earnings of $0.46 per share for the quarter.

Oasis Midstream Partners (NYSE:OMP) last released its earnings results on Tuesday, August 7th. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). The firm had revenue of $66.56 million during the quarter, compared to the consensus estimate of $42.46 million. Oasis Midstream Partners had a net margin of 14.65% and a return on equity of 6.16%. On average, analysts expect Oasis Midstream Partners to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

OMP opened at $21.59 on Monday. The firm has a market capitalization of $594.35 million and a P/E ratio of 50.21. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.28. Oasis Midstream Partners has a 52 week low of $16.15 and a 52 week high of $24.21.



A number of research firms recently commented on OMP. Credit Suisse Group began coverage on Oasis Midstream Partners in a research note on Thursday, October 11th. They issued an “outperform” rating and a $29.00 target price on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $25.00 target price (up previously from $22.00) on shares of Oasis Midstream Partners in a research note on Monday, August 27th. LADENBURG THALM/SH SH began coverage on Oasis Midstream Partners in a research note on Thursday, August 16th. They issued a “buy” rating and a $28.00 target price on the stock. Citigroup increased their target price on Oasis Midstream Partners from $21.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, July 31st. Finally, ValuEngine raised Oasis Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, October 3rd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $26.00.

About Oasis Midstream Partners

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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