December 17, 2017 7:01 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Oasis Midstream Partners LP

Company Overview

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 lift supply; crude gathering, stabilization, blending, storage, and transportation; gathering, transportation, and disposal of produced water; and freshwater distribution. The company serves as the general partner of OMP GP LLC. The company was founded in 2013 and is based in Houston, Texas. Oasis Midstream Partners LP is a subsidiary of Oasis Petroleum Inc.

1001 Fannin Street

Suite 1500

Houston, TX 77002

United States

Founded in 2013

Phone:

281-404-9500

Key Executives for Oasis Midstream Partners LP

Oasis Midstream Partners LP does not have any Key Executives recorded.

Oasis Midstream Partners LP Key Developments

Oasis Midstream Partners LP Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017

Oasis Midstream Partners LP reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported total revenue of $47,381,000 compared to $29,277,000 a year ago. Operating income was $25,135,000 compared to $16,525,000 a year ago. Income before income taxes was $22,407,000 compared to $13,937,000 a year ago. Net income was $14,509,000 compared to $8,493,000 a year ago. Adjusted EBITDA was $29,573,000 compared to $18,192,000 a year ago. Net cash provided by operating activities was $29,093,000 compared to $18,547,000 a year ago. Net Income Attributable to company was $526,000 or $0.02 common units and subordinated units in September 30, 2017. Capital expenditures for the entire third quarter totaled $34.8 million gross and $7.9 million net. Net capex attributable to the partnership from September 25, 2017 to September 30, 2017 totaled $0.5 million. Net maintenance Capex for the entire third quarter was $1.3 million, of which $0.1 million was attributable to the partnership from September 25, 2017 to September 30, 2017.  For the nine months, the company reported total revenue of $125,333,000 compared to $88,030,000 a year ago. Operating income was $68,998,000 compared to $51,798,000 a year ago. Income before income taxes was $62,040,000 compared to $47,386,000 a year ago. Net income was $39,182,000 compared to $29,160,000 a year ago. Adjusted EBITDA was $81,363,000 compared to $57,322,000 a year ago. Net cash provided by operating activities was $71,569,000 compared to $56,321,000 a year ago. Net Income Attributable to company was $526,000 or $0.02 common units and subordinated units in September 30, 2017. Maintenance capital expenditures were $84,000.

Oasis Midstream Partners LP Presents at 2017 Wells Fargo Securities Pipeline, MLP and Utility Symposium, Dec-06-2017 01:15 PM

Oasis Midstream Partners LP Presents at 2017 Wells Fargo Securities Pipeline, MLP and Utility Symposium, Dec-06-2017 01:15 PM. Venue: New York Hilton Midtown, 1335 6th Avenue, New York, New York, United States. Speakers: Michael H. Lou, President & Director of OMP GP LLC, Richard N. Robuck, CFO & Senior VP of OMP GP LLC.

Oasis Midstream Partners LP Presents at Bank of America Merrill Lynch Global Energy Conference 2017, Nov-16-2017

Oasis Midstream Partners LP Presents at Bank of America Merrill Lynch Global Energy Conference 2017, Nov-16-2017 . Venue: 1 Hotel South Beach, Miami, Florida, United States.

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