News articles about CSI Compressco (NASDAQ:CCLP) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CSI Compressco earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 46.2601482193101 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- CSI Compressco LP (NASDAQ:CCLP) Trading Volume Significantly Lower - First News 24 (firstnewspaper24.com)
- Alliance Resource Partners, LP (ARLP) registers a share price value of $19.05 along CSI Compressco LP (CCLP) with … - Stocks Gallery (stocksgallery.com)
- Is a Near-Term Bearish Trend Developing for CSI Compressco LP (CCLP)? - Sheridan Daily (sheridandaily.com)
- CSI Compressco LP (CCLP): A Look Behind The Numbers - Sparta Review (spartareview.com)
- Inside Track: Trading Focus on Shares of CSI Compressco LP (CCLP) - Hayden Business Journal (haydenbusinessjournal.com)
Shares of CSI Compressco (NASDAQ CCLP) traded up 1.79% during trading on Monday, reaching $4.55. 228,832 shares of the company’s stock were exchanged. The stock’s market cap is $156.95 million. CSI Compressco has a 52 week low of $4.12 and a 52 week high of $13.54.
CSI Compressco (NASDAQ:CCLP) last issued its quarterly earnings results on Tuesday, May 9th. The oil and gas company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.27. CSI Compressco had a negative return on equity of 30.77% and a negative net margin of 16.39%. The business had revenue of $65.55 million during the quarter, compared to the consensus estimate of $70.55 million. On average, equities analysts forecast that CSI Compressco will post ($1.07) earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Tuesday, August 1st will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 16.48%. The ex-dividend date of this dividend is Friday, July 28th. CSI Compressco’s dividend payout ratio (DPR) is presently -52.45%.
CCLP has been the subject of a number of recent research reports. Royal Bank Of Canada decreased their price target on shares of CSI Compressco from $12.00 to $9.00 and set a “sector perform” rating for the company in a research note on Monday, April 24th. Stifel Nicolaus decreased their price target on shares of CSI Compressco from $9.00 to $6.00 and set a “hold” rating for the company in a research note on Wednesday, May 10th. Finally, Zacks Investment Research cut shares of CSI Compressco from a “hold” rating to a “sell” rating in a research note on Thursday, May 25th.
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CSI Compressco Company Profile
CSI Compressco LP is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers.
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