Dividends4Life: 12% Yield, 14% In 2020, Higher Beyond, With 1.7X Coverage, Big Upside Opportunity

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

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.

Dividend Growth Stocks News

~

Popular Posts Last 30 Days