Apr 2, 2019

Oasis Midstream: A High-Quality MLP With Double-Digit Yield Potential

By Sarfaraz A. Khan

Oasis Midstream delivered a blowout performance last year by significantly growing earnings, distributable cash flows, and distributions while improving its coverage ratio.

Oasis Midstream brought a major project online at the end of last year, which will not only drive its growth but also help diversify the MLP’s customer base. The MLP looks well positioned to significantly grow volumes and more than double its adjusted EBITDA in 2019 compared with 2018. Oasis Midstream is already in a good shape, but it will likely end 2019 on an even stronger note, which will lay the foundation for further growth in the future. Read full article at Seeking Alpha.