Oasis Midstream Partners (OMP) Coverage Initiated at Credit Suisse Group

Equities researchers at Credit Suisse Group assumed coverage on shares of Oasis Midstream Partners (NYSE:OMP) in a research report issued to clients and investors on Friday. The firm set a “neutral” rating and a $19.00 price target on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 6.80% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Goldman Sachs Group began coverage on shares of Oasis Midstream Partners in a report on Monday, October 16th. They issued a “buy” rating and a $24.00 target price on the stock. JP Morgan Cazenove began coverage on shares of Oasis Midstream Partners in a report on Monday, October 16th. They issued an “overweight” rating and a $22.00 target price on the stock. Citigroup began coverage on shares of Oasis Midstream Partners in a report on Monday, October 16th. They issued a “buy” rating and a $21.00 target price on the stock. Wells Fargo & Co began coverage on shares of Oasis Midstream Partners in a report on Monday, October 16th. They issued a “market perform” rating and a $21.00 target price on the stock. Finally, JPMorgan Chase & Co. began coverage on shares of Oasis Midstream Partners in a report on Monday, October 16th. They issued an “overweight” rating and a $22.00 target price on the stock. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Oasis Midstream Partners presently has an average rating of “Buy” and a consensus target price of $21.50.

Oasis Midstream Partners (NYSE OMP) opened at $17.79 on Friday. Oasis Midstream Partners has a one year low of $15.57 and a one year high of $18.93.

A number of large investors have recently added to or reduced their stakes in OMP. State of New Jersey Common Pension Fund D bought a new stake in Oasis Midstream Partners in the third quarter valued at $2,544,000. Center Coast Capital Advisors LP bought a new stake in Oasis Midstream Partners in the third quarter valued at $1,357,000. Kayne Anderson Capital Advisors LP bought a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at $22,569,000. Harvest Fund Advisors LLC bought a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at $11,205,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Oasis Midstream Partners during the 3rd quarter valued at $1,165,000. Institutional investors and hedge funds own 25.52% of the company’s stock.

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About Oasis Midstream Partners

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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