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

USA Compression Partners (NYSE:USAC) issued its earnings results 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 Stock Down 4.5 %

USA Compression Partners stock opened at $26.99 on Thursday. The company’s 50-day moving average price is $24.59 and its 200-day moving average price is $23.29. USA Compression Partners has a twelve month low of $21.06 and a twelve month high of $30.10. The company has a market cap of $3.16 billion, a PE ratio of 47.35 and a beta of 1.34.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date was Monday, January 27th. USA Compression Partners’s dividend payout ratio (DPR) is presently 368.43%.

Analysts Set New Price Targets

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