USA Compression Partners, LP (USAC) to Issue Quarterly Dividend of $0.53 on February 6th

USA Compression Partners, LP (NYSE:USAC) declared a quarterly dividend on Thursday, January 15th. Shareholders of record on Monday, January 26th will be given a dividend of 0.525 per share by the oil and gas company on Friday, February 6th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date is Monday, January 26th.

USA Compression Partners has a payout ratio of 185.8% 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 $1.26 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 166.7%.

USA Compression Partners Price Performance

Shares of NYSE:USAC opened at $25.20 on Friday. USA Compression Partners has a 1 year low of $21.59 and a 1 year high of $30.10. The company has a market capitalization of $3.09 billion, a PE ratio of 31.50 and a beta of 0.23. The business has a fifty day moving average price of $24.18 and a two-hundred day moving average price of $23.87.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.04. USA Compression Partners had a net margin of 10.99% and a negative return on equity of 76.84%. The company had revenue of $250.26 million for the quarter, compared to the consensus estimate of $250.23 million. Sell-side analysts anticipate that USA Compression Partners will post 1.05 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on USAC shares. Citigroup reissued a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Wall Street Zen downgraded USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Zacks Research downgraded USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Finally, Mizuho boosted their target price on USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, USA Compression Partners currently has a consensus rating of “Reduce” and an average target price of $25.67.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.