USA Compression Partners, LP (NYSE:USAC) Announces $0.53 Quarterly Dividend

USA Compression Partners, LP (NYSE:USAC) announced a quarterly dividend on Thursday, July 16th. Stockholders of record on Monday, July 27th will be given a dividend of 0.525 per share by the oil and gas company on Friday, August 7th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Monday, July 27th.

USA Compression Partners has a dividend payout ratio of 185.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect USA Compression Partners to earn $1.34 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 156.7%.

USA Compression Partners Price Performance

NYSE USAC opened at $26.88 on Friday. The stock has a market capitalization of $3.90 billion, a PE ratio of 27.71 and a beta of 0.21. USA Compression Partners has a 12-month low of $21.85 and a 12-month high of $30.55. The company has a 50 day moving average price of $27.42 and a two-hundred day moving average price of $26.85. The company has a quick ratio of 0.86, a current ratio of 1.55 and a debt-to-equity ratio of 9.41.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). The company had revenue of $331.27 million for the quarter, compared to analyst estimates of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. As a group, equities analysts predict that USA Compression Partners will post 1.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

USAC has been the subject of a number of research reports. Citigroup increased their target price on USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Zacks Research downgraded shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Royal Bank Of Canada boosted their price objective on shares of USA Compression Partners from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, June 5th. Finally, Mizuho raised their target price on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, USA Compression Partners currently has an average rating of “Hold” and a consensus price target of $29.25.

About USA Compression Partners

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.