USA Compression Partners, LP (USAC) To Go Ex-Dividend on October 26th

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

USA Compression Partners has a dividend 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 $1.50 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 Price Performance

Shares of NYSE:USAC traded up $0.03 during midday trading on Friday, hitting $25.05. 214,468 shares of the stock were exchanged, compared to its average volume of 211,421. The company has a current ratio of 1.35, a quick ratio of 0.68 and a debt-to-equity ratio of 10.25. The stock has a market cap of $3.63 billion, a P/E ratio of 23.63 and a beta of 0.28. The company has a 50 day moving average price of $26.16 and a 200-day moving average price of $26.76. USA Compression Partners has a twelve month low of $21.85 and a twelve month high of $30.55.

USA Compression Partners (NYSE:USAC) last released its quarterly 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. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. The business had revenue of $342.15 million for the quarter, compared to analyst estimates of $340.49 million. On average, research analysts forecast that USA Compression Partners will post 1.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on USAC. Royal Bank Of Canada raised their price target on USA Compression Partners from $30.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Tuesday, September 1st. Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Finally, Zacks Research upgraded shares of USA Compression Partners from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $29.50.

USA Compression Partners Company Profile

USA Compression Partners LP (NYSE: USAC) is a master limited partnership that provides natural gas compression services in the United States. The company owns and operates a fleet of natural gas compression equipment and supplies compression to producers, processors, gatherers and pipeline operators under primarily fee-based contracts.

Its services support several stages of the natural gas value chain, including the gathering and processing of natural gas, transportation through interstate and intrastate pipelines, and natural gas storage.