USA Compression Partners (NYSE:USAC) Posts Earnings Results, Misses Expectations By $0.04 EPS

USA Compression Partners (NYSE:USAC - Get Free Report) posted its quarterly earnings data on Tuesday. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.04), Zacks reports. The firm had revenue of $245.23 million during the quarter, compared to analysts' expectations of $244.79 million. USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%.

USA Compression Partners Stock Up 2.8 %

Shares of NYSE:USAC traded up $0.67 during trading on Friday, hitting $24.22. The stock had a trading volume of 484,803 shares, compared to its average volume of 347,729. The company has a market capitalization of $2.85 billion, a PE ratio of 33.18 and a beta of 0.53. The firm's fifty day moving average is $25.23 and its 200 day moving average is $24.81. USA Compression Partners has a 12 month low of $21.06 and a 12 month high of $30.10.

USA Compression Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Monday, April 28th were paid a $0.525 dividend. This is a positive change from USA Compression Partners's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Monday, April 28th. This represents a $2.10 dividend on an annualized basis and a yield of 8.67%. USA Compression Partners's dividend payout ratio (DPR) is presently 308.82%.

Insider Activity at USA Compression Partners

In related news, Director Bradford D. Whitehurst purchased 10,000 shares of USA Compression Partners stock in a transaction dated Thursday, May 8th. The stock was purchased at an average cost of $23.50 per share, for a total transaction of $235,000.00. Following the completion of the acquisition, the director now directly owns 23,616 shares of the company's stock, valued at $554,976. The trade was a 73.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Analysts Set New Price Targets

A number of brokerages have commented on USAC. Citigroup increased their price target on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Mizuho increased their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of USA Compression Partners from $23.00 to $24.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, USA Compression Partners has an average rating of "Hold" and an average target price of $26.00.

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.