USA Compression Partners, LP (USAC) to Issue Quarterly Dividend of $0.53 on February 6th

USA Compression Partners, LP (NYSE:USAC) announced a quarterly dividend on Thursday, January 15th. Investors of record on Monday, January 26th will be given a dividend of 0.525 per share by the oil and gas company on Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Monday, January 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. Analysts expect USA Compression Partners to earn $1.26 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 166.7%.

USA Compression Partners Stock Performance

USA Compression Partners stock opened at $25.58 on Friday. USA Compression Partners has a fifty-two week low of $21.59 and a fifty-two week high of $30.10. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 31.98 and a beta of 0.23. The stock has a fifty day moving average of $24.01 and a two-hundred day moving average of $23.85.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.04. The business had revenue of $250.26 million for the quarter, compared to the consensus estimate of $250.23 million. USA Compression Partners had a negative return on equity of 76.84% and a net margin of 10.99%. On average, analysts forecast that USA Compression Partners will post 1.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on USAC. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd. Wall Street Zen downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Zacks Research downgraded USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Finally, Mizuho increased their price target on USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Monday. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $25.67.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.