Oasis Midstream Partners LP for Growth & Income
Posted: Fri Nov 30, 2018 12:53 pm
I just posted an updated profile and forecast model for OMP to the EPG Website.
OMP was formed in 2016 and revenues have been growing quarter-after-quarter since then. More import for us, their DCF has also been growing rapidly and they are increasing their distributions by 5% each quarter. They have publicly said that their goal is to increase distributions by 5% or more each quarter through at least 2020.
Current yield is 8.6%, tax deferred.
OMP was formed in 2016 and revenues have been growing quarter-after-quarter since then. More import for us, their DCF has also been growing rapidly and they are increasing their distributions by 5% each quarter. They have publicly said that their goal is to increase distributions by 5% or more each quarter through at least 2020.
Current yield is 8.6%, tax deferred.