Oasis Midstream Partners ticker dps (an.) 2024 hike 2023 hike 2022 hike
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Oasis Midstream Partners hikes distribution by 1.9%

Oasis Midstream Partners LP (OMP) will raise its quarterly distribution by 1.9 percent to 55 cents per unit. The next distribution of $0.55 per unit will be paid on May 27, 2021.

The annual distribution rate of $2.20 translates into an estimated yield of 9.2% based on a stock price of $23.54 for OMP.

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. Oasis Midstream initiated a distribution in 2018 and has not cut its payments since.