Archrock Partners, L.P. (NASDAQ:APLP) announced its quarterly earnings data on Thursday. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.13), Bloomberg Earnings reports. Archrock Partners, L.P. had a positive return on equity of 4.37% and a negative net margin of 3.10%. The company had revenue of $140.19 million during the quarter, compared to analyst estimates of $141.37 million. During the same quarter in the previous year, the business posted $0.15 EPS. The company’s revenue was up 3.5% on a year-over-year basis.

Archrock Partners, L.P. (NASDAQ:APLP) traded down $0.09 during trading on Friday, hitting $13.26. The company had a trading volume of 46,909 shares, compared to its average volume of 95,825. The firm has a market capitalization of $908.21, a P/E ratio of 39.21 and a beta of 2.29.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Wednesday, November 8th will be issued a $0.285 dividend. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.91%. Archrock Partners, L.P.’s dividend payout ratio is -422.21%.

Several equities research analysts have recently commented on APLP shares. Royal Bank Of Canada restated a “buy” rating and issued a $19.00 target price on shares of Archrock Partners, L.P. in a research note on Wednesday, September 27th. Zacks Investment Research downgraded shares of Archrock Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Monday, October 23rd. Citigroup Inc. started coverage on shares of Archrock Partners, L.P. in a research note on Friday, October 13th. They issued a “neutral” rating and a $15.50 target price on the stock. Finally, BidaskClub downgraded shares of Archrock Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Archrock Partners, L.P. has an average rating of “Hold” and an average price target of $17.13.

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About Archrock Partners, L.P.

Archrock Partners, L.P. is engaged in natural gas compression industry in the United States. The Company’s contract operations services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers.

Earnings History for Archrock Partners, L.P. (NASDAQ:APLP)

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