SHLX - Record Earnings Rising Guidance 20% Distribution Growth And A Well-Covered 7.5% Yield

If you're looking for distribution growth in the midstream high-yield space, you should take a look at Oasis Midstream Partners LP (OMP), a new MLP whose management has committed to 20% annual distribution growth through 2021. This compares favorably with OMP's peer group, which has an average distribution growth target of 14%:

(Source: OMP site)

We first wrote about OMP back on 6/19/18, when it was at $18.16. It has produced a 22.36% total return since then:

Profile:

The parent/GP of OMP is Oasis Petroleum (OAS), which owns a 68.6%