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

USA Compression Partners (NYSE:USAC) will announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, August 6th. The oil and gas company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $235.31 million for the quarter, compared to analyst estimates of $232.86 million. USA Compression Partners had a net margin of 9.77% and a negative return on equity of 40.62%. 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 Price Performance

Shares of USAC stock opened at $22.12 on Tuesday. USA Compression Partners has a 1-year low of $21.06 and a 1-year high of $28.47. The firm has a market cap of $2.59 billion, a PE ratio of 41.74 and a beta of 1.32. The company has a 50-day moving average of $22.46 and a two-hundred day moving average of $23.33.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Monday, October 21st will be given a dividend of $0.525 per share. The ex-dividend date is Monday, October 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.49%. USA Compression Partners’s payout ratio is currently 396.23%.

Analysts Set New Price Targets

USAC has been the topic of a number of research analyst reports. Citigroup began coverage on USA Compression Partners in a research report on Friday, September 27th. They issued a “neutral” rating and a $23.00 target price on the stock. StockNews.com downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Mizuho cut their price objective on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 2nd. Finally, Royal Bank of Canada boosted their target price on USA Compression Partners from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 16th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, USA Compression Partners presently has a consensus rating of “Hold” and an average price target of $25.60.

Insider Activity

In other news, insider Eric D. Long sold 1,786 shares of the stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $22.81, for a total value of $40,738.66. Following the transaction, the insider now owns 307,026 shares in the company, valued at approximately $7,003,263.06. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Eric D. Long sold 21,396 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $22.27, for a total value of $476,488.92. Following the completion of the sale, the insider now directly owns 1,786 shares of the company’s stock, valued at $39,774.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Eric D. Long sold 1,786 shares of the company’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $22.81, for a total transaction of $40,738.66. Following the completion of the transaction, the insider now owns 307,026 shares of the company’s stock, valued at $7,003,263.06. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here.

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.