USA Compression Partners, LP (NYSE:USAC) posted its earnings results on Friday, August 4th. The oil and gas company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05, Bloomberg Earnings reports. The company had revenue of $66 million during the quarter, compared to the consensus estimate of $65.85 million. USA Compression Partners, had a net margin of 1.20% and a return on equity of 1.38%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.05 earnings per share.
USA Compression Partners, (NYSE USAC) traded down 1.55% during midday trading on Tuesday, reaching $15.27. 88,364 shares of the company’s stock were exchanged. The firm has a market capitalization of $940.24 million, a P/E ratio of 462.73 and a beta of 1.16. The stock’s 50 day moving average is $16.62 and its 200 day moving average is $16.84. USA Compression Partners, has a 52 week low of $14.30 and a 52 week high of $19.78.
The firm also recently announced a quarterly dividend, which was paid on Friday, August 11th. Shareholders of record on Tuesday, August 1st were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, July 28th. This represents a $2.10 dividend on an annualized basis and a yield of 13.75%. USA Compression Partners,’s dividend payout ratio (DPR) is presently 7,000.00%.
A number of research analysts have weighed in on the stock. Royal Bank Of Canada reaffirmed a “hold” rating and set a $20.00 price objective on shares of USA Compression Partners, in a research note on Friday, April 21st. Zacks Investment Research raised shares of USA Compression Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, April 25th. Finally, BidaskClub raised shares of USA Compression Partners, from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th.
USA Compression Partners, Company Profile
USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.
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