8 Nov 2017quarterly activities report● Neutral
Oasis Midstream Partners LP reported quarterly revenue of $47.4 million and net income of $526 thousand for the period ended 2017-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 Sept 2017asset acquisition disposition● NeutralMajor
The IPO closed on September 25, 2017, raising about $115.7 million net. At closing, Oasis Petroleum contributed 100% of Bighorn DevCo, 10% of Bobcat DevCo and 40% of Beartooth DevCo (Williston Basin midstream assets) in exchange for 5,125,000 common units, 13,750,000 subordinated units, a roughly $113.9 million distribution and other rights. The partnership also signed an omnibus agreement (a right of first offer on Oasis's retained Bobcat and Beartooth interests and future midstream assets, with Oasis indemnity capped at $15 million) and 15-year gathering, water and related service agreements with Oasis subsidiaries. This resolves the offering thread and sets up the partnership's dependence on Oasis as customer and sponsor.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP director Thomas B Nusz bought 5,000 shares on the open market at $17.00.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP officer Nickolas J Lorentzatos bought 5,900 shares on the open market at $17.00.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP officer Richard N Robuck bought 7,500 shares on the open market at $17.00.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP President Michael H Lou bought 25,000 shares on the open market at $17.00.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP director Phil D Kramer received 5,883 shares as an equity award and bought 6,000 shares on the open market.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP director Matthew D Fitzgerald received 5,883 shares as part of the equity award.
27 Sept 2017director interest notice● Neutral
Oasis Midstream Partners LP Chief Executive Officer Taylor L Reid bought 20,000 shares on the open market at $17.00.
22 Sept 2017securities registration● Neutral
Oasis Midstream Partners LP filed the final prospectus for a registered offering.
22 Sept 2017material agreement● NeutralMajor
Oasis Midstream Partners signed an underwriting agreement with Morgan Stanley to sell 7,500,000 common units to the public at $17 each in its IPO, with a 30-day option for up to 1,125,000 more. It expects about $115.7 million net, of which about $113.9 million goes as a cash distribution to Oasis Petroleum and about $1.9 million to fees on its new revolving credit facility.
20 Sept 2017director interest notice● Neutral
Nickolas J Lorentzatos became a Oasis Midstream Partners LP officer and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Michael H Lou became a Oasis Midstream Partners LP President and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Phil D Kramer became a Oasis Midstream Partners LP director and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Richard N Robuck became a Oasis Midstream Partners LP officer and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Thomas B Nusz became a Oasis Midstream Partners LP director and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Taylor L Reid became a Oasis Midstream Partners LP Chief Executive Officer and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Omp Gp LLC became a Oasis Midstream Partners LP director and company insider (initial ownership filing).
20 Sept 2017director interest notice● Neutral
Matthew D Fitzgerald became a Oasis Midstream Partners LP director and company insider (initial ownership filing).
20 Sept 2017listing compliance notice▲ GoodMajor
the New York Stock Exchange certified Oasis Midstream Partners LP's securities for listing, clearing them to begin trading.
11 Sept 2017securities registration● Neutral
Oasis Midstream Partners LP amended a filing by which it registered a securities offering with the SEC.
21 Aug 2017securities registration● Neutral
Oasis Midstream Partners LP amended a filing by which it registered a securities offering with the SEC.
2 June 2017securities registration● Neutral
Oasis Midstream Partners LP amended a filing by which it registered a securities offering with the SEC.
30 May 2017securities registration● Neutral
Oasis Midstream Partners LP amended a filing by which it registered a securities offering with the SEC.
17 May 2017securities registration● Neutral
Oasis Midstream Partners LP amended a filing by which it registered a securities offering with the SEC.
12 May 2017securities registration● Neutral
Oasis Midstream Partners LP registered a securities offering with the SEC.
7 Apr 2017securities registration● Neutral
Oasis Midstream Partners LP confidentially submitted a draft registration statement to the SEC.