Shares of Oasis Midstream Partners LP (NYSE:OMP) have received an average recommendation of “Buy” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $21.86.

OMP has been the topic of a number of research analyst reports. Johnson Rice initiated coverage on Oasis Midstream Partners in a research note on Tuesday, October 24th. They issued a “buy” rating on the stock. Morgan Stanley initiated coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They issued an “overweight” rating and a $22.00 price target on the stock. Capital One Financial initiated coverage on Oasis Midstream Partners in a research note on Wednesday, October 18th. They issued an “overweight” rating on the stock. Goldman Sachs Group initiated coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They issued a “buy” rating and a $24.00 price target on the stock. Finally, Wells Fargo & Company initiated coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They issued a “market perform” rating and a $21.00 price target on the stock.

Shares of Oasis Midstream Partners (NYSE:OMP) opened at $17.96 on Tuesday. Oasis Midstream Partners has a 52 week low of $15.57 and a 52 week high of $18.65.

In other news, President Michael H. Lou acquired 25,000 shares of the business’s stock in a transaction dated Monday, September 25th. The shares were bought at an average cost of $17.00 per share, for a total transaction of $425,000.00. Following the acquisition, the president now directly owns 25,000 shares in the company, valued at approximately $425,000. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Taylor L. Reid acquired 20,000 shares of the business’s stock in a transaction dated Monday, September 25th. The stock was purchased at an average price of $17.00 per share, for a total transaction of $340,000.00. Following the completion of the acquisition, the chief executive officer now owns 20,000 shares in the company, valued at $340,000. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 55,900 shares of company stock worth $950,300.

Large investors have recently made changes to their positions in the stock. Salem Investment Counselors Inc. purchased a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at about $187,000. EJF Capital LLC purchased a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at about $254,000. Castleton Investment Management LLC purchased a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at about $678,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at about $1,165,000. Finally, Center Coast Capital Advisors LP purchased a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at about $1,357,000. Institutional investors and hedge funds own 25.52% of the company’s stock.

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Oasis Midstream Partners Company Profile

Oasis Midstream Partners LP is a master limited partnership company. The Company is formed to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations exclusively within the Williston Basin. The Company’s midstream services include gas gathering, compression, processing and gas lift services; crude gathering, stabilization, blending, storage and transportation services; produced water gathering and disposal services; and freshwater distribution services.

Analyst Recommendations for Oasis Midstream Partners (NYSE:OMP)

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