Wells Fargo reiterated coverage of Oasis Midstream Partners with a rating of Equal-Weight and set a new price target of $23.00 from $22.00 previously

What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the energy sector: PBF Logistics (NYSE:PBFX) - P/E: 5.89 VAALCO Energy (NYSE:EGY) - P/E: 5.62 Adams Resources & Energy (AMEX:AE) - P/E: 8.78 Oasis Midstream Partners (NASDAQ:OMP) - P/E: 6.57 NACCO Industries (NYSE:NC) - P/E: 7.14 This quarter, PBF Logistics experienced a decrease in earnings per share, which was 0.64 in Q2 and is now 0.58. The company's most recent di

What is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the energy sector: PetroChina Co (NYSE:PTR) - P/E: 6.24 Oasis Midstream Partners (NASDAQ:OMP) - P/E: 6.05 Sunoco (NYSE:SUN) - P/E: 7.9 Petrobras Brasileiro (NYSE:PBR) - P/E: 2.77 Barnwell Industries (AMEX:BRN) - P/E: 4.04 PetroChina Co

Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching: YPF (NYSE:YPF) - P/E: 8.46 Oasis Midstream Partners (NASDAQ:OMP) - P/E: 6.02 Petrobras Brasileiro (NYSE:PBR) - P/E: 2.87 SandRidge Energy (NYSE:SD) - P/E: 4.92 Western Mids

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

3 - Oasis Midstream Partners LP (0001652133) (Issuer)

4 - Oasis Midstream Partners LP (0001652133) (Issuer)

HOUSTON, Nov. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the third quarter of 2021. Third quarter results are consistent with the update released on October 26, 2021. 3Q21 Operational and Financial Highlights: Produced 51.8 MBoepd in 3Q21 with oil volumes of 31.9 MBopd; E&P CapEx was $42MM, greater than 20% below guidance. Oasis reduced its FY21 CapEx guidance on October 26th by 9%, which followed the 7% reduction in August; Net cash provided by operating activities was $294MM and net income was $83MM; Adjusted EBITDA to Oasis(1) was $116MM and E&P Free Cash Flow(1) was $65MM; As of 9/30/2021, pro

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 Directors of OMP GP LLC (the "General Partner") declared the quarterly cash distribution for the third quarter of 2021 of $0.56 per unit, payable on November 29, 2021 to unitholders of record as of November 15, 2021. Crestwood Transaction In a separate press release issued today, OMP announced it has entered into a definitive merger agreement under which Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood") will acquire OMP in an equity and cash transaction valued at approximately $1.8 billion, including the assumption of debt.

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") announced today that Oasis Midstream Partners (NASDAQ:OMP) ("OMP") has entered into a definitive agreement under which it will merge with Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood").  Under the terms of the agreement, Oasis, as a unitholder of OMP, will receive $160MM in cash in addition to approximately 21.0MM common units of CEQP in aggregate in exchange for its 33.85MM OMP common units and non-economic general partner stake. Public OMP unitholders will receive 0.87 units of Crestwood common units for each unit of OMP owned.  In the aggregate, the total consideration represent

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 connectivity and future integration and optimization of existing infrastructure Increases scale and financial strength with pro forma enterprise value of approximately $7 billion, pro forma 2021E Adjusted EBITDA of over $820 million, and conservative financial metrics with a sub-3.5x leverage ratio and a distribution coverage ratio over 2.0x Positions Crestwood to increase the common unit distribution to $2.62 per unit annually f

HOUSTON, Oct. 21, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Third Quarter 2021 financial and operational results on Wednesday, November 3, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, November 4, 2021 at 11:30 a.m. Central Time to discuss Third Quarter 2021 financial and operational results.   Investors, analysts and other interested parties are invited to listen to the webcast: Date:               Thursday, November 4, 2021 Time:                11:30 a.m. Central Time Live Webcast:    https://www.webcaster4.com/Webcast/Page/1777/43296 Sell-side ana

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 dividend, and updated its 2021 outlook.  2Q21 Operational and Financial Highlights: Produced total volumes of 54.3 MBoepd and oil volumes of 34.7 MBopd in 2Q21, both above guidance midpoint. Reiterating 4Q21 average volumes of 74.5-77.5 MBoepd and oil volumes of 49.5-51.5 MBopd; E&P CapEx was $52.5MM, 36% below guidance midpoint reflecting operational efficiencies, timing, and other items. Lowering full-year capital by 7% to $200MM-$215MM ($215MM-$230MM prior guidance); Consolidated

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("OMP" or the "Partnership") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 distribution, and updated its outlook. 2Q21 Operational and Financial Highlights: Exceeded volumes guidance across almost all DevCos and commodities; Increased cash distribution by $0.01/unit, declaring a distribution of $0.56/unit ($2.24/unit annualized); Net income was $35.2MM and net cash from operating activities was $58.6MM; Adjusted EBITDA(1) of $55.8MM was above high-end of guidance ($52MM-$55MM); Distributable Cash Flow(1) ("DCF") was $43.0MM. DCF coverage of 1.6x e

HOUSTON, July 22, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Second Quarter 2021 financial and operational results on Tuesday, August 3, 2021 at  market close. Additionally, the Company will host a live webcast and conference call on Wednesday, August 4, 2021 at 10:00 a.m. Central Time to discuss Second Quarter 2021 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast: Date:                Wednesday, August 4, 2021 Time:                10:00 a.m. Central Time Live Webcast:   https://www.webcaster4.com/Webcast/Page/1777/42273 Sell-side analyst

HOUSTON, May 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced a strategic acquisition of Williston Basin assets, reported financial and operating results for the first quarter of 2021, declared its first quarter 2021 dividend, and updated its 2021 outlook to incorporate the acquisition, including an expected 33% increase to its future quarterly fixed dividend after the acquisition closes. Williston Basin Acquisition Oasis announced it has entered into a definitive agreement under which Oasis will acquire select Williston Basin assets from Diamondback Energy in a cash transaction valued at approximately $745MM, subject to customary purchase

HOUSTON, March 22, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") today announced that it has entered into a contribution and simplification agreement pursuant to which it would contribute all of its remaining interests in Bobcat DevCo LLC ("Bobcat DevCo") and Beartooth DevCo LLC ("Beartooth DevCo") to Oasis Midstream Partners LP (Nasdaq: OMP) ("OMP" or the "Partnership") as well as eliminate its incentive distribution rights ("IDRs") in exchange for $229 million in cash and 14.8 million OMP common units for total consideration of approximately $510 million based on OMP's 20 day volume weighted average price ending on March 19, 2021 (the "Simplification").

HOUSTON, Feb. 1, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced the closing of the previously announced merger between Oasis Midstream Partners LP (NASDAQ:OMP) ("OMP") and Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood") (the "OMP-Crestwood Merger").  On December 20, 2021, Oasis filed pro forma financials, which illustrate the combined impacts of Oasis' 2021 upstream acquisitions and divestitures as well as the OMP-Crestwood Merger. Please refer to our website at www.oasispetroleum.com to find the pro forma financials and to see Oasis' investor presentation for more information on the impact of these transactions on Oasis' financial st

Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood") announced today that Angela A. Minas and Clay C. Williams have been appointed to serve on the Board of Directors of its general partner effective January 1, 2022. "I am pleased to welcome Angela and Clay to the Crestwood Board of Directors. Both of these highly regarded individuals bring a wealth of U.S. and global industry experience and perspective to our boardroom that will greatly benefit Crestwood as we navigate the dynamic energy industry and take advantage of opportunities to continue building a leading midstream infrastructure company," said Robert G. Phillips, Chairman, President and Chief Executive Officer of Crestwood's gene

HOUSTON, Nov. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the third quarter of 2021. Third quarter results are consistent with the update released on October 26, 2021. 3Q21 Operational and Financial Highlights: Produced 51.8 MBoepd in 3Q21 with oil volumes of 31.9 MBopd; E&P CapEx was $42MM, greater than 20% below guidance. Oasis reduced its FY21 CapEx guidance on October 26th by 9%, which followed the 7% reduction in August; Net cash provided by operating activities was $294MM and net income was $83MM; Adjusted EBITDA to Oasis(1) was $116MM and E&P Free Cash Flow(1) was $65MM; As of 9/30/2021, pro

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 Directors of OMP GP LLC (the "General Partner") declared the quarterly cash distribution for the third quarter of 2021 of $0.56 per unit, payable on November 29, 2021 to unitholders of record as of November 15, 2021. Crestwood Transaction In a separate press release issued today, OMP announced it has entered into a definitive merger agreement under which Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood") will acquire OMP in an equity and cash transaction valued at approximately $1.8 billion, including the assumption of debt.

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") announced today that Oasis Midstream Partners (NASDAQ:OMP) ("OMP") has entered into a definitive agreement under which it will merge with Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood").  Under the terms of the agreement, Oasis, as a unitholder of OMP, will receive $160MM in cash in addition to approximately 21.0MM common units of CEQP in aggregate in exchange for its 33.85MM OMP common units and non-economic general partner stake. Public OMP unitholders will receive 0.87 units of Crestwood common units for each unit of OMP owned.  In the aggregate, the total consideration represent

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 connectivity and future integration and optimization of existing infrastructure Increases scale and financial strength with pro forma enterprise value of approximately $7 billion, pro forma 2021E Adjusted EBITDA of over $820 million, and conservative financial metrics with a sub-3.5x leverage ratio and a distribution coverage ratio over 2.0x Positions Crestwood to increase the common unit distribution to $2.62 per unit annually f

HOUSTON, Oct. 21, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Third Quarter 2021 financial and operational results on Wednesday, November 3, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, November 4, 2021 at 11:30 a.m. Central Time to discuss Third Quarter 2021 financial and operational results.   Investors, analysts and other interested parties are invited to listen to the webcast: Date:               Thursday, November 4, 2021 Time:                11:30 a.m. Central Time Live Webcast:    https://www.webcaster4.com/Webcast/Page/1777/43296 Sell-side ana

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 dividend, and updated its 2021 outlook.  2Q21 Operational and Financial Highlights: Produced total volumes of 54.3 MBoepd and oil volumes of 34.7 MBopd in 2Q21, both above guidance midpoint. Reiterating 4Q21 average volumes of 74.5-77.5 MBoepd and oil volumes of 49.5-51.5 MBopd; E&P CapEx was $52.5MM, 36% below guidance midpoint reflecting operational efficiencies, timing, and other items. Lowering full-year capital by 7% to $200MM-$215MM ($215MM-$230MM prior guidance); Consolidated

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("OMP" or the "Partnership") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 distribution, and updated its outlook. 2Q21 Operational and Financial Highlights: Exceeded volumes guidance across almost all DevCos and commodities; Increased cash distribution by $0.01/unit, declaring a distribution of $0.56/unit ($2.24/unit annualized); Net income was $35.2MM and net cash from operating activities was $58.6MM; Adjusted EBITDA(1) of $55.8MM was above high-end of guidance ($52MM-$55MM); Distributable Cash Flow(1) ("DCF") was $43.0MM. DCF coverage of 1.6x e

HOUSTON, July 22, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Second Quarter 2021 financial and operational results on Tuesday, August 3, 2021 at  market close. Additionally, the Company will host a live webcast and conference call on Wednesday, August 4, 2021 at 10:00 a.m. Central Time to discuss Second Quarter 2021 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast: Date:                Wednesday, August 4, 2021 Time:                10:00 a.m. Central Time Live Webcast:   https://www.webcaster4.com/Webcast/Page/1777/42273 Sell-side analyst

8-K - Oasis Midstream Partners LP (0001652133) (Filer)

25-NSE - Oasis Midstream Partners LP (0001652133) (Subject)

8-K - Oasis Midstream Partners LP (0001652133) (Filer)

425 - Oasis Midstream Partners LP (0001652133) (Subject)

DEFM14A - Oasis Midstream Partners LP (0001652133) (Filer)

425 - Oasis Midstream Partners LP (0001652133) (Subject)

10-Q - Oasis Midstream Partners LP (0001652133) (Filer)

425 - Oasis Midstream Partners LP (0001652133) (Subject)

425 - Oasis Midstream Partners LP (0001652133) (Subject)

8-K - Oasis Midstream Partners LP (0001652133) (Filer)