Center Coast Capital Advisors LP Takes $1.36 Million Position in Oasis Midstream Partners LP (OMP)

Center Coast Capital Advisors LP bought a new position in Oasis Midstream Partners LP (NYSE:OMP) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 80,000 shares of the company’s stock, valued at approximately $1,357,000. Center Coast Capital Advisors LP owned about 0.29% of Oasis Midstream Partners at the end of the most recent reporting period.

Separately, State of New Jersey Common Pension Fund D purchased a new position in Oasis Midstream Partners in the 3rd quarter worth $2,544,000. 1.09% of the stock is currently owned by institutional investors.

OMP has been the subject of a number of research analyst reports. Royal Bank Of Canada initiated coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They issued an “outperform” rating and a $21.00 target price for the company. J P Morgan Chase & Co initiated coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They issued an “overweight” rating and a $22.00 target price for the company. Citigroup Inc. began coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They issued a “buy” rating and a $21.00 target price for the company. Wells Fargo & Company began coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They set a “market perform” rating and a $21.00 price objective for the company. Finally, Goldman Sachs Group, Inc. (The) began coverage on Oasis Midstream Partners in a research note on Monday, October 16th. They set a “buy” rating and a $24.00 price objective for the company. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Oasis Midstream Partners presently has a consensus rating of “Buy” and an average price target of $21.86.

In other Oasis Midstream Partners news, President Michael H. Lou bought 25,000 shares of the company’s stock in a transaction dated Monday, September 25th. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $425,000.00. Following the transaction, the president now directly owns 25,000 shares of the company’s stock, valued at $425,000. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Taylor L. Reid bought 20,000 shares of the company’s stock in a transaction dated Monday, September 25th. The shares were acquired at an average price of $17.00 per share, for a total transaction of $340,000.00. Following the completion of the transaction, the chief executive officer now directly owns 20,000 shares in the company, valued at $340,000. The disclosure for this purchase can be found here. Insiders have acquired a total of 55,900 shares of company stock valued at $950,300 in the last quarter.

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Oasis Midstream Partners LP (NYSE:OMP) traded down $0.33 during midday trading on Tuesday, hitting $16.69. The company’s stock had a trading volume of 21,800 shares, compared to its average volume of 132,143. Oasis Midstream Partners LP has a twelve month low of $15.57 and a twelve month high of $18.24.

Oasis Midstream Partners Company Profile

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. The Company’s midstream services include gas gathering, compression, processing and gas lift services; crude gathering, stabilization, blending, storage and transportation services; produced water gathering and disposal services; and freshwater distribution services.

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Institutional Ownership by Quarter for Oasis Midstream Partners (NYSE:OMP)

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