USA Compression Partners, LP (USAC) to Release Quarterly Earnings on Monday
USA Compression Partners, LP (NYSE:USAC) will announce its earnings results before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
USA Compression Partners, (NYSE:USAC) last announced its quarterly earnings results on Friday, August 4th. The oil and gas company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. USA Compression Partners, had a return on equity of 1.38% and a net margin of 1.20%. The company had revenue of $66.00 million during the quarter, compared to analyst estimates of $65.85 million. During the same period in the prior year, the company earned $0.05 earnings per share. The firm’s revenue was up 3.9% on a year-over-year basis. On average, analysts expect USA Compression Partners, to post $0.26 EPS for the current fiscal year and $0.49 EPS for the next fiscal year.
USA Compression Partners, LP (USAC) opened at 15.86 on Monday. The company’s 50-day moving average price is $16.44 and its 200-day moving average price is $16.35. USA Compression Partners, LP has a 52 week low of $14.30 and a 52 week high of $19.78. The company has a market capitalization of $976.56 million, a price-to-earnings ratio of 480.61 and a beta of 1.18.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Investors of record on Monday, October 30th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 13.24%. The ex-dividend date is Friday, October 27th. USA Compression Partners,’s payout ratio is 7,000.00%.
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Several equities research analysts recently issued reports on USAC shares. BidaskClub upgraded USA Compression Partners, from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 27th. ValuEngine cut USA Compression Partners, from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Zacks Investment Research upgraded USA Compression Partners, from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a report on Thursday, October 5th. Janney Montgomery Scott started coverage on USA Compression Partners, in a report on Friday, September 1st. They issued a “neutral” rating and a $16.00 price objective on the stock. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $20.00 price objective on shares of USA Compression Partners, in a report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $18.33.
About USA Compression Partners,
USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.
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