Oasis Midstream Partners LP Announces Quarter Ended March 31, 2019 Earnings
Oasis Midstream Partners LP - Common Units, Representing Limited Partner Interests (OMP)
Last oasis midstream partners lp - common units, representing limited partner interests earnings: 2/25 05:28 pm
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US:NYSE Investor Relations:
oasismidstream.com
Company Research
Source: PR Newswire
HOUSTON, May 7, 2019 /PRNewswire/ -- Oasis Midstream Partners LP (NYSE: OMP) (the "Partnership" or "OMP") today announced financial results for the quarter ended March 31, 2019 and provided an operational update.Recent Highlights:Declared the quarterly cash distribution for the first quarter of 2019 of $0.47 per unit, an approximate 5% increase from the cash distribution declared for the fourth quarter of 2018, in line with the Partnership's 20% annualized distribution growth target. Net income was $43.3 million for the three months ended March 31, 2019, and net cash from operating activities was $56.1 million for the three months ended March 31, 2019. Adjusted EBITDA was $56.1 million for the three months ended March 31, 2019, and net Adjusted EBITDA to the Partnership was $31.5 million for the three months ended March 31, 2019. See "Non-GAAP Financial Measures" below. Distributable Cash Flow ("DCF") was $26.2 million for the three months ended March 31, 2019, resulting in distributi
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