Goldman Sachs Group Inc. lessened its holdings in shares of Oasis Midstream Partners (NYSE:OMP) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 146,717 shares of the company’s stock after selling 25,563 shares during the period. Goldman Sachs Group Inc. owned about 0.53% of Oasis Midstream Partners worth $2,559,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Kayne Anderson Capital Advisors LP boosted its holdings in shares of Oasis Midstream Partners by 3.1% in the fourth quarter. Kayne Anderson Capital Advisors LP now owns 1,372,075 shares of the company’s stock valued at $23,927,000 after purchasing an additional 41,075 shares during the period. Castleton Investment Management LLC boosted its holdings in shares of Oasis Midstream Partners by 25.0% in the fourth quarter. Castleton Investment Management LLC now owns 50,000 shares of the company’s stock valued at $872,000 after purchasing an additional 10,000 shares during the period. Finally, BlackRock Inc. purchased a new stake in shares of Oasis Midstream Partners in the fourth quarter valued at approximately $1,519,000. Institutional investors and hedge funds own 25.34% of the company’s stock.
A number of analysts recently issued reports on the company. Zacks Investment Research lowered Oasis Midstream Partners from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. ValuEngine lowered Oasis Midstream Partners from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Finally, Credit Suisse Group assumed coverage on Oasis Midstream Partners in a report on Friday, January 5th. They issued a “neutral” rating and a $19.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $21.22.
Shares of NYSE:OMP opened at $17.54 on Friday. The company has a market capitalization of $472.64 and a P/E ratio of 40.79. Oasis Midstream Partners has a 52 week low of $15.57 and a 52 week high of $19.65. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.14.
Oasis Midstream Partners (NYSE:OMP) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. The business had revenue of $56.88 million during the quarter, compared to the consensus estimate of $35.14 million. sell-side analysts predict that Oasis Midstream Partners will post 1.88 EPS for the current fiscal year.
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Oasis Midstream Partners Company Profile
Oasis Midstream Partners LP provides crude oil, natural gas, and water-related midstream services in North America. It is involved in various activities, including natural gas gathering, compression, processing, and gas lift supply; crude oil gathering, stabilization, blending, and storage; gathering, transportation, gathering and disposal of produced and flow back water; freshwater distribution; and supply and distribution of fracwater and flushwater.
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