Usa Compression Partners LP (NYSE:USAC) announced a quarterly dividend on Friday, April 21st. Shareholders of record on Tuesday, May 2nd will be paid a dividend of 0.525 per share by the oil and gas company on Friday, May 12th. This represents a $2.10 annualized dividend and a yield of 11.95%. The ex-dividend date of this dividend is Friday, April 28th.
Usa Compression Partners has raised its dividend by an average of 18.9% per year over the last three years. Usa Compression Partners has a payout ratio of 700.0% meaning 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 $0.54 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 388.9%.
Shares of Usa Compression Partners (NYSE:USAC) traded up 2.51% during mid-day trading on Friday, reaching $17.57. 124,665 shares of the company’s stock traded hands. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 83.67 and a beta of 1.23. Usa Compression Partners has a 12 month low of $12.03 and a 12 month high of $19.78. The company has a 50 day moving average of $16.86 and a 200 day moving average of $17.74.
Usa Compression Partners (NYSE:USAC) last released its quarterly earnings results on Monday, February 13th. The oil and gas company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. The business earned $74.90 million during the quarter, compared to analyst estimates of $61.84 million. Usa Compression Partners had a return on equity of 2.79% and a net margin of 4.86%. Usa Compression Partners’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($3.02) EPS. Analysts expect that Usa Compression Partners will post $0.36 earnings per share for the current fiscal year.
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USAC has been the subject of a number of analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $17.00 price target on shares of Usa Compression Partners in a research report on Friday, January 6th. Zacks Investment Research upgraded Usa Compression Partners from a “sell” rating to a “hold” rating in a research note on Friday, January 6th. Finally, FBR & Co restated a “buy” rating on shares of Usa Compression Partners in a research note on Tuesday, February 14th.
Usa Compression Partners Company Profile
USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.
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