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OMP - Oasis Petroleum Back From Bankruptcy And Bakken-Focused
Oasis Midstream Partners LP
Oasis Petroleum, a $2.45 billion market cap company, pays a $2/share (1.6%) dividend.
This back-from-bankruptcy (since November 2020) Bakken-focused company recently sold its midstream partnership interest and bought Bakken assets from Diamondback Energy.
Oasis Petroleum’s targeting of cash harvesting from the Bakken, key to its post-bankruptcy comeback, benefits investors.