USA Compression Partners (USAC) to Release Earnings on Tuesday

USA Compression Partners (NYSE:USAC) is scheduled to be announcing its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, February 13th. The oil and gas company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The business had revenue of $225.05 million for the quarter, compared to the consensus estimate of $221.50 million. USA Compression Partners had a net margin of 8.07% and a negative return on equity of 31.81%. During the same period in the prior year, the business posted ($0.04) EPS. 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 Stock Performance

Shares of NYSE USAC opened at $24.35 on Monday. The firm’s 50 day moving average price is $26.07 and its 200-day moving average price is $25.15. USA Compression Partners has a 52-week low of $18.48 and a 52-week high of $28.47. The company has a market cap of $2.51 billion, a PE ratio of 115.96 and a beta of 1.30.

USA Compression Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 3rd. Shareholders of record on Monday, April 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 8.62%. The ex-dividend date was Friday, April 19th. USA Compression Partners’s dividend payout ratio is currently 1,000.05%.

Wall Street Analysts Forecast Growth

USAC has been the topic of a number of recent research reports. Mizuho increased their target price on USA Compression Partners from $22.00 to $23.00 and gave the company an “underperform” rating in a report on Wednesday, February 14th. StockNews.com downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Raymond James upped their target price on shares of USA Compression Partners from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $24.75.

Insider Buying and Selling

In other news, insider Eric D. Long sold 96,660 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $24.59, for a total transaction of $2,376,869.40. Following the completion of the sale, the insider now directly owns 372,359 shares of the company’s stock, valued at $9,156,307.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the firm’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the transaction, the insider now owns 5,882,528 shares of the company’s stock, valued at approximately $147,769,103.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric D. Long sold 96,660 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $24.59, for a total transaction of $2,376,869.40. Following the completion of the sale, the insider now directly owns 372,359 shares of the company’s stock, valued at approximately $9,156,307.81. The disclosure for this sale can be found here. In the last three months, insiders sold 6,073,877 shares of company stock valued at $152,474,943.

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.