Irrational discounting - we've all seen it in the market from time to time, when a sector or sub-industry falls out of favor. If, after you've done your due diligence, no apparent reason surfaces, it becomes a head-scratcher. "Should I average down at this very tempting level or wait until the market starts to support this stock again?"
Such is the case of Oasis Midstream Partners LP (OMP), a fairly new firm, which continues to exceed its guidance and IPO promises. OMP generates most of its revenues through 15-year, fixed-fee contracts for providing crude oil, natural gas and water-related midstream services for OAS. However, it also has been increasing its amount of third-party contracts - management estimates that more than 15% to 20% of OMP's Q4 2019 EBITDA will come from third parties.
Source: Seeking Alpha
Related Articles:
- 3 Styles Of Successful Dividend Investing
- Building Yield: 6 Consumer Goods Dividend Stocks
- Why Dividend Growth Stocks Are Evil
- 4 Higher-Yielding Financial Services Stocks With Rising Dividends
- 5 Higher Yield Dividend Growth Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
This stock yields 7.07% and pays monthly. It's selling at a -6.4% discount to NAV - much deeper than its three- and five-year average di...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.