Press coverage about CSI Compressco (NASDAQ:CCLP) has been trending somewhat positive on Wednesday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CSI Compressco earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 45.2392920669803 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- CSI Compressco (CCLP) vs. Tetra Technologies (TTI) Head to Head Comparison (americanbankingnews.com)
- Head to Head Contrast: CSI Compressco (CCLP) and Oceaneering International (OII) (americanbankingnews.com)
- Neither buy nor sell rating on stock: CSI Compressco LP (CCLP) – Street Observer (press release) (streetobserver.com)
- Checking in on CSI Compressco LP (CCLP)’s Signals – Berry Recorder (berryrecorder.com)
Shares of CSI Compressco (NASDAQ CCLP) opened at 4.60 on Wednesday. CSI Compressco has a 52 week low of $4.12 and a 52 week high of $13.54.
CSI Compressco (NASDAQ:CCLP) last issued its quarterly earnings results on Tuesday, August 8th. The oil and gas company reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.04. The company had revenue of $75.32 million for the quarter, compared to analyst estimates of $66.64 million. CSI Compressco had a negative return on equity of 36.43% and a negative net margin of 17.01%. Equities analysts forecast that CSI Compressco will post ($1.10) EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Tuesday, August 1st were issued a $0.1875 dividend. The ex-dividend date of this dividend was Friday, July 28th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 16.30%. CSI Compressco’s dividend payout ratio (DPR) is -50.00%.
Several equities research analysts recently issued reports on CCLP shares. Zacks Investment Research downgraded CSI Compressco from a “hold” rating to a “sell” rating in a research note on Thursday, May 25th. Bank of America Corporation reduced their price objective on CSI Compressco from $6.50 to $5.00 and set an “underperform” rating for the company in a research note on Wednesday, August 23rd. Stifel Nicolaus set a $5.00 price objective on CSI Compressco and gave the stock a “hold” rating in a research note on Friday, August 25th. Royal Bank Of Canada reissued a “hold” rating and issued a $8.00 price objective on shares of CSI Compressco in a research note on Monday, August 21st. Finally, Capital One Financial Corporation reissued an “equal weight” rating on shares of CSI Compressco in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $8.20.
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CSI Compressco Company Profile
CSI Compressco LP is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers.
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