Oasis Midstream Partners LP (OMP) Reports In-Line Q2 EPS, Revenues Beat

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Oasis Midstream Partners LP Announces Quarter Ended June 30, 2018 Earnings and Distribution

August 6, 2018 4:30 PM EDT

HOUSTON, Aug. 6, 2018 /PRNewswire/ -- Oasis Midstream Partners LP (NYSE: OMP) (the "Partnership" or "OMP") today announced financial results and cash distribution for the quarter ended June 30, 2018 and provided an operational update.

Highlights:

Declared the quarterly cash distribution for the second quarter of 2018 of $0.4100 per unit, an approximate 5% increase from the cash distribution declared for the first quarter of 2018, in line with the Partnership's 20% annualized distribution growth target. Net income was $37.5 million for the three months ended June 30, 2018 and net cash from operating activities was $41.4... More