Sorry for the delay in posting. Traveling today.
Disclaimer: there will more content and typographical errors than usual while traveling. This will remain in force for one week.
Updates
Later, 1:10 p.m. CT: source.
Original Post
Oasis shares surge: up 5%; up $5.62; trading at $120.03.
Source.;
- Oasis Midstream Partners to merge with Crestwood Equity Partners:
- Oasis to receive $160 million in cash
- 21 million units of CEQP in exchange for 33.85 million OMP common units
- public OMP unitholders will receive 0.87 units of Crestwood common units for each unit of OMP owned.
- Preliminary 3Q21 results:
- production:
- boepd: 1,800 boepd
- oil: 31,000 bopd
- CAPEX:
- >20% below guidance
- FY201 CAPEX reduced by 9%
- financial
- increased its first dividend 33% to 50 cents/share/quarter
- OMP announced a 56-cent / unit distribution in 3Q2
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