OMP earnings

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("OMP" or the "Partnership") today announced that, on October 24, 2021, the Board of Directors of OMP GP LLC (the "General Partner") declared the quarterly cash distribution for the third quarter of 2021 of $0.56 per unit, payable on November 29, 2021 to unitholders of record as of November 15, 2021. Crestwood Transaction In a separate press release issued today, OMP announced it has entered into a definitive merger agreement under which Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood") will acquire OMP in an equity and cash transaction valued at approximately $1.8 billion, including the assumption of debt.

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") announced today that Oasis Midstream Partners (NASDAQ:OMP) ("OMP") has entered into a definitive agreement under which it will merge with Crestwood Equity Partners LP (NYSE:CEQP) ("Crestwood").  Under the terms of the agreement, Oasis, as a unitholder of OMP, will receive $160MM in cash in addition to approximately 21.0MM common units of CEQP in aggregate in exchange for its 33.85MM OMP common units and non-economic general partner stake. Public OMP unitholders will receive 0.87 units of Crestwood common units for each unit of OMP owned.  In the aggregate, the total consideration represent

Highly complementary Williston Basin and Delaware Basin assets enhance Crestwood's competitive positioning in its core growth basins Significantly expands Crestwood's leading position in the Williston Basin with substantial synergy value through current asset connectivity and future integration and optimization of existing infrastructure Increases scale and financial strength with pro forma enterprise value of approximately $7 billion, pro forma 2021E Adjusted EBITDA of over $820 million, and conservative financial metrics with a sub-3.5x leverage ratio and a distribution coverage ratio over 2.0x Positions Crestwood to increase the common unit distribution to $2.62 per unit annually f

HOUSTON, Oct. 21, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Third Quarter 2021 financial and operational results on Wednesday, November 3, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, November 4, 2021 at 11:30 a.m. Central Time to discuss Third Quarter 2021 financial and operational results.   Investors, analysts and other interested parties are invited to listen to the webcast: Date:               Thursday, November 4, 2021 Time:                11:30 a.m. Central Time Live Webcast:    https://www.webcaster4.com/Webcast/Page/1777/43296 Sell-side ana

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the second quarter of 2021, declared its second quarter 2021 dividend, and updated its 2021 outlook.  2Q21 Operational and Financial Highlights: Produced total volumes of 54.3 MBoepd and oil volumes of 34.7 MBopd in 2Q21, both above guidance midpoint. Reiterating 4Q21 average volumes of 74.5-77.5 MBoepd and oil volumes of 49.5-51.5 MBopd; E&P CapEx was $52.5MM, 36% below guidance midpoint reflecting operational efficiencies, timing, and other items. Lowering full-year capital by 7% to $200MM-$215MM ($215MM-$230MM prior guidance); Consolidated

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 ($52MM-$55MM); Distributable Cash Flow(1) ("DCF") was $43.0MM. DCF coverage of 1.6x e

HOUSTON, July 22, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ:OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Second Quarter 2021 financial and operational results on Tuesday, August 3, 2021 at  market close. Additionally, the Company will host a live webcast and conference call on Wednesday, August 4, 2021 at 10:00 a.m. Central Time to discuss Second Quarter 2021 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast: Date:                Wednesday, August 4, 2021 Time:                10:00 a.m. Central Time Live Webcast:   https://www.webcaster4.com/Webcast/Page/1777/42273 Sell-side analyst