USA Compression Partners (USAC) to Release Earnings on Tuesday

USA Compression Partners (NYSE:USAC - Get Free Report) will post its quarterly earnings results before the market opens on Tuesday, November 5th. Analysts expect USA Compression Partners to post earnings of $0.20 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The oil and gas company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $235.31 million for the quarter, compared to analysts' expectations 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 traded up $0.09 during mid-day trading on Tuesday, hitting $22.21. The company's stock had a trading volume of 244,368 shares, compared to its average volume of 361,801. The firm has a 50-day moving average price of $22.46 and a 200 day moving average price of $23.33. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 41.51 and a beta of 1.32. USA Compression Partners has a fifty-two week low of $21.06 and a fifty-two week high of $28.47.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Monday, October 21st will be paid a $0.525 dividend. The ex-dividend date of this dividend is Monday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 9.46%. USA Compression Partners's dividend payout ratio is currently 396.23%.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

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

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.