USA Compression Partners LP (NYSE:USAC) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 848,100 shares, a decrease of 25.6% from the September 15th total of 1,140,000 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average trading volume of 225,700 shares, the short-interest ratio is currently 3.8 days.
USA Compression Partners stock traded down $0.34 during trading on Friday, hitting $10.72. The stock had a trading volume of 403,140 shares, compared to its average volume of 379,257. USA Compression Partners has a 1 year low of $3.52 and a 1 year high of $18.32. The company has a quick ratio of 0.67, a current ratio of 1.16 and a debt-to-equity ratio of 4.15. The stock's 50 day moving average is $10.76 and its two-hundred day moving average is $10.47. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -1.66 and a beta of 2.45.
USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, August 4th. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The company had revenue of $168.65 million for the quarter, compared to analysts' expectations of $169.24 million. USA Compression Partners had a positive return on equity of 4.19% and a negative net margin of 84.00%. As a group, equities research analysts anticipate that USA Compression Partners will post -0.2 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Monday, October 26th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, October 23rd. This represents a $2.10 annualized dividend and a dividend yield of 19.59%. USA Compression Partners's dividend payout ratio is currently 7,000.00%.
USAC has been the subject of several recent analyst reports. Stifel Nicolaus reduced their target price on USA Compression Partners from $14.00 to $13.00 and set a "hold" rating for the company in a report on Thursday, August 6th. Wells Fargo & Company upped their target price on USA Compression Partners from $10.00 to $12.00 and gave the company an "underweight" rating in a report on Thursday, August 6th. ValuEngine lowered USA Compression Partners from a "buy" rating to a "hold" rating in a report on Monday, August 3rd. Finally, Zacks Investment Research lowered USA Compression Partners from a "hold" rating to a "sell" rating and set a $12.00 target price for the company. in a report on Monday, August 10th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of "Hold" and an average price target of $13.14.
Several large investors have recently bought and sold shares of USAC. First PREMIER Bank raised its position in shares of USA Compression Partners by 100.0% in the second quarter. First PREMIER Bank now owns 4,000 shares of the oil and gas company's stock worth $43,000 after buying an additional 2,000 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of USA Compression Partners in the second quarter worth $122,000. Bank of Montreal Can purchased a new stake in shares of USA Compression Partners in the second quarter worth $144,000. Rockefeller Capital Management L.P. raised its position in shares of USA Compression Partners by 2,346.5% in the second quarter. Rockefeller Capital Management L.P. now owns 18,349 shares of the oil and gas company's stock worth $199,000 after buying an additional 17,599 shares in the last quarter. Finally, Lucas Capital Management purchased a new stake in shares of USA Compression Partners in the second quarter worth $219,000. Hedge funds and other institutional investors own 26.27% of the company's stock.
USA Compression Partners Company Profile
USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.
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