USA Compression Partners (USAC) to Release Quarterly Earnings on Tuesday

USA Compression Partners (NYSE:USAC) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 7th. Analysts expect USA Compression Partners to post earnings of $0.10 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, February 13th. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The business had revenue of $225.05 million for the quarter, compared to analysts’ expectations of $221.50 million. USA Compression Partners had a net margin of 8.07% and a negative return on equity of 31.81%. During the same period in the previous year, the business earned ($0.04) earnings per share. On average, analysts expect USA Compression Partners to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

USA Compression Partners Stock Up 0.4 %

USA Compression Partners stock opened at $24.73 on Tuesday. USA Compression Partners has a twelve month low of $18.48 and a twelve month high of $28.47. The business has a fifty day moving average of $26.08 and a two-hundred day moving average of $25.20. The firm has a market cap of $2.55 billion, a P/E ratio of 117.77 and a beta of 1.30.

USA Compression Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Investors of record on Monday, April 22nd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date is Friday, April 19th. USA Compression Partners’s payout ratio is currently 1,000.05%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Raymond James increased their price target on shares of USA Compression Partners from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Tuesday, April 16th. StockNews.com downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. Finally, Mizuho upped their price target on USA Compression Partners from $22.00 to $23.00 and gave the stock an “underperform” rating in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, USA Compression Partners has a consensus rating of “Hold” and a consensus target price of $24.75.

Insider Buying and Selling

In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the transaction, the insider now owns 5,882,528 shares in the company, valued at approximately $147,769,103.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the business’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the sale, the insider now owns 5,882,528 shares in the company, valued at approximately $147,769,103.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Eric D. Long sold 96,660 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $24.59, for a total value of $2,376,869.40. Following the completion of the transaction, the insider now directly owns 372,359 shares in the company, valued at $9,156,307.81. The disclosure for this sale can be found here. Insiders sold 6,073,877 shares of company stock worth $152,474,943 in the last three months.

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.