According to Zacks, “USA Compression Partners, LP is engaged in providing compression services primarily in the United States. It designs, engineers, operates and maintains natural gas compressor packages. The Company’s customer base is comprised of producers, processors, gatherers and transporters of natural gas. It generally provides its compression services primarily under long-term, fixed fee contracts. USA Compression Partners, LP is headquartered in Austin, Texas. “
A number of other brokerages have also issued reports on USAC. Stifel Nicolaus increased their price objective on Realty Income from $70.00 to $75.00 and gave the stock a buy rating in a report on Thursday, April 4th. ValuEngine raised WEX from a hold rating to a buy rating in a report on Thursday, June 13th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. USA Compression Partners currently has a consensus rating of Buy and an average target price of $20.17.
Shares of USAC stock opened at $18.44 on Friday. USA Compression Partners has a 12-month low of $12.09 and a 12-month high of $18.43. The company has a market cap of $1.66 billion, a price-to-earnings ratio of -42.88 and a beta of 1.28. The business has a 50 day simple moving average of $17.63. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.70 and a quick ratio of 0.99.
USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, May 7th. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). USA Compression Partners had a return on equity of 1.38% and a net margin of 2.86%. The business had revenue of $170.70 million during the quarter, compared to the consensus estimate of $171.61 million. During the same period last year, the company earned ($0.23) earnings per share. The business’s quarterly revenue was up 119.7% compared to the same quarter last year. On average, sell-side analysts forecast that USA Compression Partners will post -0.04 EPS for the current fiscal year.
The firm also recently disclosed a dividend, which will be paid on Friday, August 9th. Investors of record on Monday, July 29th will be issued a $0.525 dividend. This is a positive change from USA Compression Partners’s previous dividend of $0.51. The ex-dividend date is Friday, July 26th. USA Compression Partners’s dividend payout ratio is -488.37%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC lifted its position in USA Compression Partners by 1.5% in the first quarter. Chicago Partners Investment Group LLC now owns 72,851 shares of the oil and gas company’s stock worth $1,270,000 after purchasing an additional 1,081 shares during the period. Advisor Group Inc. lifted its position in shares of USA Compression Partners by 11.2% during the 4th quarter. Advisor Group Inc. now owns 11,631 shares of the oil and gas company’s stock valued at $151,000 after acquiring an additional 1,170 shares during the last quarter. Albert D Mason Inc. lifted its position in shares of USA Compression Partners by 4.9% during the 1st quarter. Albert D Mason Inc. now owns 32,416 shares of the oil and gas company’s stock valued at $506,000 after acquiring an additional 1,525 shares during the last quarter. Winslow Evans & Crocker Inc. acquired a new stake in shares of USA Compression Partners during the 2nd quarter valued at $34,000. Finally, Wiley BROS. Aintree Capital LLC lifted its position in shares of USA Compression Partners by 7.7% during the 1st quarter. Wiley BROS. Aintree Capital LLC now owns 33,633 shares of the oil and gas company’s stock valued at $525,000 after acquiring an additional 2,400 shares during the last quarter. Hedge funds and other institutional investors own 34.11% of the company’s stock.
USA Compression Partners Company Profile
USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.
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