OMP News and Press, Oasis Midstream Partners LP From 11/03/21

Oasis Petroleum Inc. Reports Third Quarter 2021 Results, Reiterates 2021 Outlook PR Newswire HOUSTON , Nov. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") today announced financial and operating results for the third quarter...

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 ...

Potential deal in the works, Momentive Global to be acquired by Zendesk. Zendesk, Momentive stocks fell after the deal was announced. Zendesk investors are clearly not happy with this deal and the stock received multiple downgrades after the deal was announced. For further d...

Crestwood announced solid earnings on Tuesday, and a $1.8BB acquisition of Oasis Midstream. The deal looks accretive, and we highlight their plan to increase the distribution by 5% next year. At a 9% forward yield, CEQP units look solid and the distribution 2.0x covered proforma f...

Crestwood Equity Partners (NYSE: CEQP) is getting a lot bigger. The master limited partnership (MLP) is acquiring rival Oasis Midstream Partners (NASDAQ: OMP) in a $1.8 billion deal. The combination will create a $7 billion midstream company while significantly...

$1.36 distributable cash flow/unit, $5.44/unit annualized. $2.50/unit distribution growing 5% to $2.62/unit, 8.7% yield well over 2x covered. Acquiring Oasis Midstream at no premium. Deal should be immediately accretive and deleveraging upon closing next year. Low leverage...

Oasis Petroleum Inc. Announces Oasis Midstream Partners to Merge with Crestwood Equity Partners Provides Financial and Operational Update and Increases Dividend by 33% PR Newswire HOUSTON , Oct. 26, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: ...

Highly complementary Williston Basin and Delaware Basin assets enhance Crestwood’s competitive positioning in its core growth basins Significantly expands Crestwood’s leading position in the Williston Basin with substantial synergy value through current asset con...

Oasis Midstream Partners Declares Third Quarter 2021 Distribution PR Newswire HOUSTON , Oct. 26, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ: OMP) ("OMP" or the "Partnership") today announced that, on October 24, 2021, the Board of Director...

Oasis Midstream Partners Schedules Third Quarter 2021 Conference Call for November 4, 2021 PR Newswire HOUSTON , Oct. 21, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (Nasdaq: OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Third Quar...