Oasis Midstream Partners LP (OMP) Tops Q2 EPS by 1c

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Go back to Oasis Midstream Partners LP (OMP) Tops Q2 EPS by 1c

Oasis Midstream Partners LP Announces Second Quarter 2021 Results, Increases Distribution and Updates Outlook

August 3, 2021 4:30 PM EDT

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... More