|Bid||7.50 x 800|
|Ask||0.00 x 3200|
|Day's range||9.06 - 9.50|
|52-week range||2.80 - 18.89|
|Beta (5Y monthly)||2.52|
|PE ratio (TTM)||35.80|
|Earnings date||05 Aug 2020|
|Forward dividend & yield||2.16 (23.03%)|
|Ex-dividend date||13 Aug 2020|
|1y target est||11.80|
My name is Nick, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the second-quarter 2020 earnings release and operations update for Oasis Midstream Partners. This is Richard Robuck.
Oasis Midstream (OMP) beat the Zacks Consensus Estimate in three of the last four quarters and missed in the other, delivering an earnings surprise of 32.11%, on average.
After a wave of oil and gas dividend cuts in March, the market may have thought the worst was over. Here's why they think that Simon Property Group (NYSE: SPG), Oasis Midstream Partners (NYSE: OMP), Cleveland-Cliffs (NYSE: CLF), Newell Brands (NASDAQ: NWL), and NuStar Energy (NYSE: NS) have payouts that could be at risk.