Oasis Midstream Partners (NASDAQ:OMP) announced its earnings results on Monday. The company reported $0.72 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.13), MarketWatch Earnings reports. Oasis Midstream Partners had a return on equity of 16.69% and a net margin of 1.68%.

Shares of NASDAQ:OMP traded up $0.30 during trading on Tuesday, reaching $22.40. 1,536 shares of the company traded hands, compared to its average volume of 195,667. The company has a current ratio of 1.43, a quick ratio of 1.33 and a debt-to-equity ratio of 1.00. Oasis Midstream Partners has a 52-week low of $3.85 and a 52-week high of $23.45. The business’s fifty day moving average is $21.18 and its 200-day moving average is $15.74. The firm has a market capitalization of $757.75 million, a price-to-earnings ratio of 315.76 and a beta of 2.87.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 18th. Stockholders of record on Monday, March 8th were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 9.64%. The ex-dividend date of this dividend was Friday, March 5th. Oasis Midstream Partners’s payout ratio is currently 63.34%.

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada lifted their target price on shares of Oasis Midstream Partners from $19.00 to $22.00 in a research note on Tuesday, March 30th. TheStreet raised Oasis Midstream Partners from a “c+” rating to a “b” rating in a research note on Tuesday, April 13th. Finally, Zacks Investment Research upgraded Oasis Midstream Partners from a “hold” rating to a “strong-buy” rating and set a $23.00 price objective for the company in a report on Thursday, March 25th. Three research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $16.00.

About Oasis Midstream Partners

Oasis Midstream Partners LP, together with its subsidiaries, provides crude oil, natural gas, and water-related midstream services in North America. It offers natural gas gathering, compression, processing, and gas lift supply services; crude oil gathering, stabilization, blending, and storage services; produced and flowback water gathering and disposal services; freshwater distribution services; and crude oil transportation services from the Wild Basin operating area to Johnson's Corner.

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Earnings History for Oasis Midstream Partners (NASDAQ:OMP)

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