Bradford Whitehurst Acquires 4,000 Shares of USA Compression Partners (NYSE:USAC) Stock

USA Compression Partners, LP (NYSE:USAC) Director Bradford Whitehurst purchased 4,000 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were acquired at an average cost of $26.40 per share, for a total transaction of $105,600.00. Following the completion of the transaction, the director directly owned 37,616 shares in the company, valued at approximately $993,062.40. This represents a 11.90% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

USA Compression Partners Trading Up 1.4%

USA Compression Partners stock opened at $26.80 on Wednesday. The firm has a 50-day moving average of $26.25 and a 200-day moving average of $27.15. USA Compression Partners, LP has a one year low of $21.85 and a one year high of $30.55. The company has a debt-to-equity ratio of 10.25, a current ratio of 1.35 and a quick ratio of 0.68. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 25.28 and a beta of 0.22.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%.The business had revenue of $342.15 million for the quarter, compared to the consensus estimate of $340.49 million. On average, equities analysts expect that USA Compression Partners, LP will post 1 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, July 27th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.8%. USA Compression Partners’s dividend payout ratio is currently 198.11%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in USAC. BNP Paribas Financial Markets grew its stake in shares of USA Compression Partners by 233.3% in the third quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 1,010 shares in the last quarter. MV Capital Management Inc. bought a new stake in USA Compression Partners in the 4th quarter valued at about $86,000. First Bancorp Inc ME bought a new stake in USA Compression Partners in the 2nd quarter valued at about $117,000. One Charles Private Wealth Services LLC acquired a new position in shares of USA Compression Partners during the 1st quarter worth approximately $212,000. Finally, Texas Yale Capital Corp. acquired a new position in shares of USA Compression Partners during the 4th quarter worth approximately $224,000. Institutional investors own 47.77% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on USAC shares. Mizuho increased their price objective on USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Royal Bank Of Canada upped their price target 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. Citigroup increased their price target on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Finally, Zacks Research downgraded shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price 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.