|Over a week ago|
Oasis Midstream Partners downgraded to Equalweight from Overweight at Capital One » 08:5603/2503/25/20
Capital One analyst Kyle…
Capital One analyst Kyle May downgraded Oasis Midstream Partners to Equalweight from Overweight.
RBC Capital cuts select Energy names on leverage, counterparty concerns » 06:2503/1603/16/20
NGL, OMP, WES, RTLR, TCP
RBC Capital analyst…
RBC Capital analyst Elvira Scotto downgraded NGL Energy Partners (NGL), Oasis Midstream Partners (OMP), and Western Midstream (WES) to Sector Perform from Outperform as part of of a broader research note on Midstream Energy, citing the overall weaker commodity price outlook as well as concerns these companies' counter-party exposure or debt leverage levels. The analyst is also upgrading Rattler Midstream (RTLR) and TC Pipelines (TCP) with a constructive view on NGL prices and expectation that short term issues in the oil market will not have an impact on the long term demand NGLs.
Oasis Midstream Partners cut to Sector Perform from Outperform at RBC Capital » 06:1303/1603/16/20
RBC Capital analyst…
RBC Capital analyst Elvira Scotto downgraded Oasis Midstream Partners to Sector Perform from Outperform with a price target of $8, down from $18.
Oasis Midstream Partners trading resumes 09:4903/0903/09/20
Oasis Midstream Partners trading halted, volatility trading pause 09:3303/0903/09/20
Oasis Midstream Partners downgraded to Neutral from Overweight at Piper Sandler » 06:4603/0903/09/20
Piper Sandler analyst…
Piper Sandler analyst Pearce Hammond downgraded Oasis Midstream Partners to Neutral from Overweight with a price target of $10, down from $17. Given the unfolding Saudi-Russia oil price war, the analyst expects oil prices, activity and production expectations to decline "significantly."
Oasis Midstream Partners downgraded to Neutral from Buy at Ladenburg » 06:3603/0903/09/20
Ladenburg Thalmann analyst Michael Schmitz downgraded Oasis Midstream Partners (OMP) to Neutral from Buy with a price target of $11, down from $18. The analyst cites the negative impact on the company's parent, Oasis Petroleum (OAS), from his firm's reduced oil price forecasts for the downgrade. Ladenburg reduced its pot WTI oil price forecast for 2020 to $45 per barrel from $54 and long-term estimate to $50 from $55.
|Over a month ago|
Oasis Midstream Partners price target lowered to $18 from $22 at RBC Capital » 08:3103/0303/03/20
RBC Capital analyst TJ…
RBC Capital analyst TJ Schultz lowered the firm's price target on Oasis Midstream Partners to $18 from $22 but keeps an Outperform rating on the shares. The analyst cites the company's expected slower volume growth trajectory in 2020 to reflect greater risk to its crude and gas services businesses amid commodity price volatility. Schultz also believes however that Oasis Midstream's valuation discount can narrow as cash flow ramps up from its increased production out of expanded acreage position in the Williston Basin.
Oasis Midstream Partners sees FY20 gross CapEx $110M-$120M » 17:3002/2502/25/20
Sees FY20 net CapEx…
Sees FY20 net CapEx $68M-$75M.
Oasis Midstream Partners reports Q4 EPS $1.11, consensus 97c » 17:2902/2502/25/20
Reports Q4 revenue…
Reports Q4 revenue $112.39M, consensus $107.16M.