FY2024 Earnings Estimate for USAC Issued By Zacks Research

USA Compression Partners LP (NYSE:USAC - Free Report) - Research analysts at Zacks Research reduced their FY2024 earnings per share estimates for USA Compression Partners in a report released on Tuesday, November 26th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $0.74 per share for the year, down from their previous forecast of $0.78. The consensus estimate for USA Compression Partners' current full-year earnings is $0.81 per share. Zacks Research also issued estimates for USA Compression Partners' Q4 2024 earnings at $0.24 EPS, Q1 2025 earnings at $0.19 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.25 EPS, FY2025 earnings at $0.98 EPS, Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.28 EPS and FY2026 earnings at $1.22 EPS.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). The business had revenue of $239.97 million during the quarter, compared to the consensus estimate of $238.37 million. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. During the same period in the prior year, the business earned $0.09 EPS.

A number of other analysts have also recently weighed in on USAC. Citigroup assumed coverage on shares of USA Compression Partners in a report on Friday, September 27th. They issued a "neutral" rating and a $23.00 price objective on the stock. Mizuho dropped their price target on shares of USA Compression Partners from $25.00 to $24.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 2nd. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $26.00.

USA Compression Partners Trading Up 0.3 %

USAC traded up $0.08 during trading on Thursday, reaching $23.93. 98,493 shares of the company were exchanged, compared to its average volume of 353,942. The stock has a market cap of $2.80 billion, a P/E ratio of 41.98 and a beta of 1.32. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $28.47. The firm has a 50 day moving average of $22.78 and a 200 day moving average of $23.06.

Institutional Trading of USA Compression Partners

Hedge funds and other institutional investors have recently made changes to their positions in the business. SVB Wealth LLC acquired a new stake in shares of USA Compression Partners during the first quarter worth approximately $297,000. Perkins Coie Trust Co purchased a new position in shares of USA Compression Partners during the 2nd quarter valued at $263,000. Objectivity Squared LLC increased its stake in shares of USA Compression Partners by 2.1% in the second quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company's stock worth $4,986,000 after acquiring an additional 4,228 shares during the last quarter. CFM Wealth Partners LLC lifted its holdings in shares of USA Compression Partners by 12.1% during the 2nd quarter. CFM Wealth Partners LLC now owns 75,796 shares of the oil and gas company's stock valued at $1,799,000 after buying an additional 8,203 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in USA Compression Partners by 12.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company's stock worth $12,658,000 after acquiring an additional 60,010 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors.

USA Compression Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, October 21st were given a dividend of $0.525 per share. The ex-dividend date was Monday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 8.78%. USA Compression Partners's dividend payout ratio (DPR) is 368.42%.

About USA Compression Partners

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.