USA Compression Partners, LP (NYSE:USAC) Shares Set to Pay Quarterly Dividend of $0.53

USA Compression Partners, LP (NYSE:USAC) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Monday, October 26th will be paid a dividend of $0.5250 per share by the oil and gas company on Friday, November 6th. This represents a $2.10 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Monday, October 26th.

USA Compression Partners has a payout ratio of 185.8% meaning 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 $1.50 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 140.0%.

USA Compression Partners Stock Up 0.1%

Shares of USAC opened at $24.88 on Friday. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 22.20 and a beta of 0.28. The company has a debt-to-equity ratio of 10.25, a quick ratio of 0.68 and a current ratio of 1.35. The business’s fifty day moving average price is $26.27 and its two-hundred day moving average price is $26.85. USA Compression Partners has a 52 week low of $21.85 and a 52 week high of $30.55.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.28 by $0.03. The company had revenue of $342.15 million during the quarter, compared to analysts’ expectations of $340.49 million. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%. On average, analysts predict that USA Compression Partners will post 1.16 earnings per share for the current year.

USA Compression Partners Company Profile

USA Compression Partners, LP (NYSE: USAC) is a master limited partnership that provides natural gas compression services to infrastructure operators and producers in the United States. The company owns and operates a fleet of natural gas compression units and supplies compression under long-term and short-term contracts.

Its equipment and services support several stages of the natural gas value chain, including gathering, processing, transmission, storage and production. Compression helps maintain the pressure needed to move natural gas through pipelines and other infrastructure, making the company a service provider to midstream and upstream energy businesses.

USA Compression Partners serves customers across major U.S.