USA Compression Partners (NYSE:USAC) Releases Earnings Results, Misses Expectations By $0.06 EPS

USA Compression Partners (NYSE:USAC) posted its quarterly earnings data on Tuesday. The oil and gas company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.06), Zacks reports. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%.

USA Compression Partners Price Performance

Shares of USAC opened at $28.34 on Wednesday. The stock has a 50-day moving average of $24.50 and a 200-day moving average of $23.25. USA Compression Partners has a one year low of $21.06 and a one year high of $30.10. The company has a market cap of $3.32 billion, a PE ratio of 49.71 and a beta of 1.34.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were given a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.41%. USA Compression Partners’s dividend payout ratio (DPR) is presently 368.43%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on USAC. Mizuho increased their price target on USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $27.00 target price on shares of USA Compression Partners in a research note on Friday, November 22nd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $26.50.

About USA Compression Partners

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.