Oasis Midstream Partners LP (Oasis Midstream Partners LP) COGS-to-Revenue : 0.34 (As of Sep. 2021)

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What is Oasis Midstream Partners LP COGS-to-Revenue?

Oasis Midstream Partners LP's Cost of Goods Sold for the three months ended in Sep. 2021 was $35.4 Mil. Its Revenue for the three months ended in Sep. 2021 was $105.4 Mil.

Oasis Midstream Partners LP's COGS to Revenue for the three months ended in Sep. 2021 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Oasis Midstream Partners LP's Gross Margin % for the three months ended in Sep. 2021 was 66.38%.

Oasis Midstream Partners LP COGS-to-Revenue Historical Data

The historical data trend for Oasis Midstream Partners LP's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oasis Midstream Partners LP COGS-to-Revenue Chart

Oasis Midstream Partners LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

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0.12

0.13

0.18

0.21

Oasis Midstream Partners LP Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
COGS-to-Revenue	Get a 7-Day Free Trial															0.18	0.27	0.32	0.30	0.34

Oasis Midstream Partners LP COGS-to-Revenue Calculation

Oasis Midstream Partners LP's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	72.622	/	347.859
	=	0.21

Oasis Midstream Partners LP's COGS to Revenue for the quarter that ended in Sep. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	35.422	/	105.375
	=	0.34

Oasis Midstream Partners LP (NAS:OMP) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Oasis Midstream Partners LP's Gross Margin % for the three months ended in Sep. 2021 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	35.422 / 105.375
	=	66.38 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Oasis Midstream Partners LP COGS-to-Revenue Related Terms

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Oasis Midstream Partners LP (Oasis Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oasis Midstream Partners LP (NAS:OMP) » Definitions » COGS-to-Revenue

Comparable Companies

NVGS HMLP GLP SGU TK GLOG TNP GLOP DSSI LPG TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002

Website

https://www.oasismidstream.com

Oasis Midstream Partners LP owns, develops, operates and acquires a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations of Oasis Petroleum. The assets are located in the Williston Basin. It offers full-service midstream solutions to customers covering their oil, gas and water needs. The company generates revenues through long-term, fee-based contractual arrangements.

Executives

Taylor L Reid	director, officer: Chief Executive Officer	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael H Lou	director, officer: President	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Nickolas J Lorentzatos	director, officer: EVP, GC and Corporate Sec	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Thomas B Nusz	director	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Richard N Robuck	officer: SVP and CFO	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002
Phil D Kramer	director	4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Matthew D Fitzgerald	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Harry N Pefanis	director	333 CLAY STREET, STE 1600, HOUSTON TX 77002
Oasis Petroleum Inc.	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Oasis Petroleum Llc	10 percent owner	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Oms Holdings Llc	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Omp Gp Llc	director	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002