USA Compression Partners (USAC) to Release Earnings on Tuesday

USA Compression Partners (NYSE:USAC) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, February 13th. The oil and gas company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). USA Compression Partners had a negative return on equity of 31.81% and a net margin of 8.07%. The company had revenue of $225.05 million during the quarter, compared to the consensus estimate of $221.50 million. During the same quarter in the previous year, the company posted ($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 Price Performance

Shares of USAC opened at $24.35 on Friday. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 115.96 and a beta of 1.30. USA Compression Partners has a 1-year low of $18.48 and a 1-year high of $28.47. The company has a 50-day moving average of $26.07 and a 200 day moving average of $25.16.

USA Compression Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend was Friday, April 19th. USA Compression Partners’s dividend payout ratio is presently 1,000.05%.

Insider Buying and Selling

In related news, insider Eric D. Long sold 96,660 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $24.59, for a total transaction of $2,376,869.40. Following the completion of the sale, the insider now directly owns 372,359 shares in the company, valued at approximately $9,156,307.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Eric D. Long sold 96,660 shares of USA Compression Partners stock in a transaction that occurred on 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 transaction, the insider now owns 372,359 shares of the company’s stock, valued at approximately $9,156,307.81. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now owns 5,882,528 shares of the company’s stock, valued at approximately $147,769,103.36. The disclosure for this sale can be found here. Insiders sold 6,073,877 shares of company stock valued at $152,474,943 over the last 90 days.

Analyst Upgrades and Downgrades

Several research analysts have commented on USAC shares. Raymond James raised their price objective on USA Compression Partners from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. Mizuho raised their price target on USA Compression Partners from $22.00 to $23.00 and gave the company an “underperform” rating in a research note on Wednesday, February 14th. Finally, StockNews.com lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. One investment 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. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $24.75.

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.