USA Compression Partners, LP (USAC) Downgraded to Sell at ValuEngine

ValuEngine downgraded shares of USA Compression Partners, LP (NYSE:USAC) from a hold rating to a sell rating in a research report sent to investors on Friday morning.

Several other equities analysts also recently weighed in on the company. Royal Bank Of Canada restated a hold rating and set a $20.00 price target on shares of USA Compression Partners, in a report on Tuesday, May 23rd. BidaskClub upgraded USA Compression Partners, from a strong sell rating to a sell rating in a report on Tuesday, June 13th. Zacks Investment Research downgraded USA Compression Partners, from a hold rating to a sell rating in a report on Wednesday, August 9th. Finally, Janney Montgomery Scott started coverage on USA Compression Partners, in a report on Friday. They set a neutral rating and a $16.00 price target for the company. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $19.00.

USA Compression Partners, (NYSE:USAC) traded down 1.14% during mid-day trading on Friday, hitting $15.60. 65,115 shares of the stock traded hands. The firm’s 50-day moving average is $16.07 and its 200 day moving average is $16.56. USA Compression Partners, has a 52-week low of $14.30 and a 52-week high of $19.78. The firm has a market cap of $960.55 million, a P/E ratio of 472.73 and a beta of 1.17.

USA Compression Partners, (NYSE:USAC) last issued its quarterly earnings results on Friday, August 4th. The oil and gas company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. USA Compression Partners, had a return on equity of 1.38% and a net margin of 1.20%. The firm had revenue of $66 million during the quarter, compared to the consensus estimate of $65.85 million. During the same period last year, the company earned $0.05 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. Equities analysts predict that USA Compression Partners, will post $0.26 EPS for the current fiscal year.

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The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 11th. Investors of record on Tuesday, August 1st were issued a $0.525 dividend. The ex-dividend date was Friday, July 28th. This represents a $2.10 annualized dividend and a yield of 13.46%. USA Compression Partners,’s payout ratio is 7,000.00%.

Large investors have recently added to or reduced their stakes in the company. Carlyle Group L.P. increased its stake in USA Compression Partners, by 1.6% in the second quarter. Carlyle Group L.P. now owns 24,513,196 shares of the oil and gas company’s stock valued at $401,036,000 after buying an additional 378,167 shares during the last quarter. Riverstone Holdings LLC increased its stake in USA Compression Partners, by 1.6% in the second quarter. Riverstone Holdings LLC now owns 23,882,976 shares of the oil and gas company’s stock valued at $390,725,000 after buying an additional 368,445 shares during the last quarter. OppenheimerFunds Inc. increased its stake in USA Compression Partners, by 6.5% in the first quarter. OppenheimerFunds Inc. now owns 6,417,478 shares of the oil and gas company’s stock valued at $108,391,000 after buying an additional 392,500 shares during the last quarter. Center Coast Capital Advisors LP increased its stake in USA Compression Partners, by 0.9% in the first quarter. Center Coast Capital Advisors LP now owns 1,825,709 shares of the oil and gas company’s stock valued at $30,836,000 after buying an additional 16,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in USA Compression Partners, by 8.6% in the second quarter. Goldman Sachs Group Inc. now owns 1,003,214 shares of the oil and gas company’s stock valued at $16,412,000 after buying an additional 79,270 shares during the last quarter.

About USA Compression Partners,

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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