Usa Compression Partners LP (NYSE:USAC) declared a quarterly dividend on Monday, January 22nd, Wall Street Journal reports. Stockholders of record on Friday, February 2nd will be paid a dividend of 0.525 per share by the oil and gas company on Wednesday, February 14th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 11.16%. The ex-dividend date is Thursday, February 1st.
Usa Compression Partners has increased its dividend by an average of 2.1% per year over the last three years. Usa Compression Partners has a dividend payout ratio of 807.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Usa Compression Partners to earn $0.62 per share next year, which means the company may not be able to cover its $2.10 annual dividend with an expected future payout ratio of 338.7%.
Shares of Usa Compression Partners (NYSE:USAC) traded up $0.45 during mid-day trading on Monday, hitting $18.81. The stock had a trading volume of 612,800 shares, compared to its average volume of 218,585. Usa Compression Partners has a twelve month low of $14.30 and a twelve month high of $19.78. The stock has a market capitalization of $1,430.00, a PE ratio of 125.40 and a beta of 1.22. The company has a current ratio of 1.35, a quick ratio of 0.74 and a debt-to-equity ratio of 1.14.
A number of research analysts have recently weighed in on USAC shares. BidaskClub upgraded Usa Compression Partners from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 27th. Zacks Investment Research upgraded Usa Compression Partners from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Thursday, October 5th. Royal Bank of Canada raised their price target on Usa Compression Partners from $17.00 to $18.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 8th. B. Riley set a $18.00 price target on Usa Compression Partners and gave the company a “neutral” rating in a research report on Monday, December 18th. Finally, JPMorgan Chase & Co. upgraded Usa Compression Partners from a “neutral” rating to an “overweight” rating and set a $22.00 price target for the company in a research report on Friday. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. Usa Compression Partners has an average rating of “Hold” and an average target price of $19.40.
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Usa Compression Partners Company Profile
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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