USA Compression Partners (NYSE:USAC) Announces Quarterly Earnings Results

USA Compression Partners (NYSE:USAC) issued its quarterly earnings data on Tuesday. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06), Zacks reports. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%.

USA Compression Partners Stock Performance

USAC opened at $28.34 on Wednesday. USA Compression Partners has a 52-week low of $21.06 and a 52-week high of $30.10. The firm has a market cap of $3.32 billion, a P/E ratio of 49.71 and a beta of 1.34. The business’s fifty day moving average is $24.50 and its 200-day moving average is $23.25.

USA Compression Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were given a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.41%. USA Compression Partners’s payout ratio is 368.43%.

Wall Street Analyst Weigh In

USAC has been the subject of several research reports. Royal Bank of Canada reissued a “sector perform” rating and set a $27.00 price target on shares of USA Compression Partners in a report on Friday, November 22nd. Mizuho boosted their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $26.50.

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.