FY2024 Earnings Forecast for USAC Issued By Zacks Research

USA Compression Partners LP (NYSE:USACFree Report) – Equities research analysts at Zacks Research upped their FY2024 earnings per share (EPS) estimates for shares of USA Compression Partners in a report released on Wednesday, December 18th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings of $0.75 per share for the year, up from their prior forecast of $0.74. The consensus estimate for USA Compression Partners’ current full-year earnings is $0.80 per share. Zacks Research also issued estimates for USA Compression Partners’ Q2 2025 earnings at $0.24 EPS and Q1 2026 earnings at $0.33 EPS.

USAC has been the subject of several other research reports. Mizuho cut their price objective on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, October 2nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a research note on Friday, November 22nd. Finally, Citigroup started coverage on shares of USA Compression Partners in a report on Friday, September 27th. They issued a “neutral” rating and a $23.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $26.00.

Check Out Our Latest Report on USAC

USA Compression Partners Trading Up 2.3 %

USAC stock opened at $23.06 on Monday. The firm has a 50 day moving average of $22.82 and a 200-day moving average of $22.91. The firm has a market capitalization of $2.70 billion, a P/E ratio of 40.46 and a beta of 1.34. USA Compression Partners has a 12 month low of $21.06 and a 12 month high of $28.47.

USA Compression Partners (NYSE:USACGet Free Report) last issued its earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%. The business had revenue of $239.97 million for the quarter, compared to the consensus estimate of $238.37 million. During the same period in the previous year, the firm earned $0.09 EPS.

USA Compression Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Monday, October 21st were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 9.11%. The ex-dividend date of this dividend was Monday, October 21st. USA Compression Partners’s dividend payout ratio (DPR) is 368.42%.

Institutional Trading of USA Compression Partners

Several institutional investors have recently bought and sold shares of USAC. Rockefeller Capital Management L.P. lifted its holdings in shares of USA Compression Partners by 0.4% during the third quarter. Rockefeller Capital Management L.P. now owns 211,521 shares of the oil and gas company’s stock valued at $4,848,000 after purchasing an additional 833 shares in the last quarter. Objectivity Squared LLC lifted its stake in USA Compression Partners by 2.3% during the 3rd quarter. Objectivity Squared LLC now owns 206,843 shares of the oil and gas company’s stock valued at $4,768,000 after acquiring an additional 4,644 shares during the period. Infrastructure Capital Advisors LLC boosted its holdings in shares of USA Compression Partners by 14.9% during the 3rd quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company’s stock valued at $4,497,000 after acquiring an additional 25,439 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of USA Compression Partners by 12.8% in the third quarter. Exchange Traded Concepts LLC now owns 93,523 shares of the oil and gas company’s stock worth $2,144,000 after acquiring an additional 10,592 shares during the period. Finally, GSA Capital Partners LLP raised its holdings in shares of USA Compression Partners by 2.7% during the third quarter. GSA Capital Partners LLP now owns 92,955 shares of the oil and gas company’s stock valued at $2,131,000 after purchasing an additional 2,425 shares during the last quarter. 47.77% of the stock is owned by hedge funds and other institutional investors.

About USA Compression Partners

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for USA Compression Partners (NYSE:USAC)

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