CSI Compressco LP is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers. It provides these compression services and equipment to a base of natural gas and oil exploration and production, midstream and transmission companies operating throughout many of the onshore producing regions of the United States, as well as in a number of foreign countries, including Mexico, Canada and Argentina. It is a service provider of natural gas compression services in the United States, utilizing its fleet of compressor packages that employs a spectrum of low-, medium- and high-horsepower engines. As of December 31, 2016, its fleet included approximately 6,000 compressor packages.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil Related Services and Equipment - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:CCLP
- CUSIP: N/A
- Web: www.compressco.com
Capitalization:- Market Cap: $189.03 million
- Outstanding Shares: 34,494,000
Average Prices:- 52 Week Range: $4.12 - $13.54
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -17.13
- P/E Growth: 1.23
Sales & Book Value:- Annual Revenue: $295.22 million
- Price / Sales: 0.64
- Book Value: $3.49 per share
- Price / Book: 1.57
Dividend:- Annual Dividend: $0.75
- Dividend Yield: 25.4%
Profitability:- EBIDTA: $75.52 million
- Net Margins: -16.39%
- Return on Equity: -30.77%
- Return on Assets: -6.10%
Debt:- Debt-to-Equity Ratio: 4.22%
- Current Ratio: 2.05%
- Quick Ratio: 1.13%
Misc:- Average Volume: 190,737 shs.
- Beta: 2.02
- Short Ratio: 4.42
Frequently Asked Questions for CSI Compressco LP (NASDAQ:CCLP)
What is CSI Compressco LP's stock symbol?
CSI Compressco LP trades on the NASDAQ under the ticker symbol "CCLP."
How often does CSI Compressco LP pay dividends? What is the dividend yield for CSI Compressco LP?
CSI Compressco LP declared a dividend on Friday, July 21st. Shareholders of record on Tuesday, August 1st will be paid a dividend of $0.1875 per share on Monday, August 14th. The ex-dividend date is Friday, July 28th. View CSI Compressco LP's Dividend History.
How were CSI Compressco LP's earnings last quarter?
CSI Compressco LP (NASDAQ:CCLP) posted its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.46) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.27. The business had revenue of $65.55 million for the quarter, compared to the consensus estimate of $70.55 million. CSI Compressco LP had a negative return on equity of 30.77% and a negative net margin of 16.39%. View CSI Compressco LP's Earnings History.
When will CSI Compressco LP make its next earnings announcement?
Where is CSI Compressco LP's stock going? Where will CSI Compressco LP's stock price be in 2017?
3 brokerages have issued 12-month price objectives for CSI Compressco LP's shares. Their forecasts range from $6.00 to $12.00. On average, they expect CSI Compressco LP's stock price to reach $9.00 in the next twelve months. View Analyst Ratings for CSI Compressco LP.
Who are some of CSI Compressco LP's key competitors?
Some companies that are related to CSI Compressco LP include Lamprell Plc (LAM), Tetra Technologies (TTI), Bristow Group (BRS), Matrix Service Company (MTRX), Emerge Energy Services LP (EMES), Geospace Technologies Corporation (GEOS), Carbo Ceramics (CRR), Gulf Island Fabrication (GIFI), Solaris Oilfield Infrastructure (SOI), Tidewater (TDW), Mitcham Industries (MIND), Ion Geophysical Corporation (IO), Eco-Stim Energy Solutions (ESES), Enservco Corp (ENSV), Enteq Upstream PLC (NTQ), Baker Hughes A GE Co (BHI), Cameron International (CAM) and Geospace Technologies (OYOG).
Who are CSI Compressco LP's key executives?
CSI Compressco LP's management team includes the folowing people:
- Stuart Michael Brightman, Chairman of the Board of Compressco Partners GP
- Timothy A. Knox, President, Director of Compressco Partners GP
- Elijio V. Serrano, Chief Financial Officer & Principal Accounting Officer of Compressco Partners GP
- Ronald J. Foster, Senior Vice President, Chief Marketing Officer of Compressco Partners GP
- C. Brad Benge, Vice President - Operations of Compressco Partners GP
- Anthony D. Speer, Vice President - Manufacturing of Compressco Partners GP
- Paul D. Coombs, Independent Director of Compressco Partners GP
- Daniel Francis Harrison, Independent Director of Compressco Partners GP
- James R. Larson, Independent Director of Compressco Partners GP
- William D. Sullivan, Independent Director of Compressco Partners GP
How do I buy CSI Compressco LP stock?
Shares of CSI Compressco LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CSI Compressco LP's stock price today?
One share of CSI Compressco LP stock can currently be purchased for approximately $5.48.
MarketBeat Community Rating for CSI Compressco LP (NASDAQ CCLP)MarketBeat's community ratings are surveys of what our community members think about CSI Compressco LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for CSI Compressco LP (NASDAQ:CCLP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $9.00 (64.23% upside) |
Analysts' Ratings History for CSI Compressco LP (NASDAQ:CCLP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/10/2017 | Stifel Nicolaus | Lower Price Target | Hold -> Hold | $9.00 -> $6.00 | High |  |
| 4/24/2017 | Royal Bank Of Canada | Lower Price Target | Sector Perform -> Sector Perform | $12.00 -> $9.00 | High | |
| 9/23/2016 | Janney Montgomery Scott | Upgrade | Neutral -> Buy | $10.00 -> $12.00 | N/A | |
| 2/17/2016 | Bank of America Corporation | Downgrade | Neutral -> Underperform | | N/A | |
| 1/22/2016 | Capital One Financial Corporation | Downgrade | Overweight -> Equal Weight | | N/A | |
| 1/14/2016 | Raymond James Financial, Inc. | Lower Price Target | | $16.00 -> $10.00 | N/A | |
| 9/2/2015 | Wells Fargo & Company | Initiated Coverage | Market Perform | | N/A | |
| 7/28/2015 | J P Morgan Chase & Co | Lower Price Target | Overweight | $23.00 -> $21.00 | N/A | |
(Data available from 7/23/2015 forward)
Earnings History for CSI Compressco LP (NASDAQ:CCLP)Earnings History by Quarter for CSI Compressco LP (NASDAQ CCLP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/8/2017 | | ($0.27) | | | | | N/A | |
| 5/9/2017 | Q1 2017 | ($0.19) | ($0.46) | $70.55 million | $65.55 million | View | Listen | |
| 2/28/2017 | Q416 | ($0.12) | ($0.36) | $68.86 million | $82.87 million | View | N/A | |
| 11/4/2016 | Q3 2016 | ($0.12) | ($0.47) | $79.20 million | $70.70 million | View | N/A | |
| 8/5/2016 | Q216 | ($0.11) | ($0.14) | $81.70 million | $76.10 million | View | N/A | |
| 5/6/2016 | Q116 | ($0.05) | ($0.15) | $88.28 million | $81.70 million | View | N/A | |
| 2/25/2016 | Q415 | $0.04 | ($4.47) | $103.61 million | $99.40 million | View | Listen | |
| 11/5/2015 | Q315 | $0.10 | $0.04 | $119.23 million | $128.90 million | View | N/A | |
| 8/6/2015 | Q215 | $0.14 | $0.02 | $113.02 million | $126.50 million | View | N/A | |
| 5/7/2015 | Q115 | $0.16 | $0.04 | $119.10 million | $102.90 million | View | N/A | |
| 2/26/2015 | Q414 | $0.27 | $0.17 | $121.73 million | $124.80 million | View | N/A | |
| 11/6/2014 | Q3 2014 | $0.29 | $0.17 | $75.44 million | $95.89 million | View | N/A | |
| 8/7/2014 | Q2 | $0.32 | $0.30 | $32.13 million | $32.11 million | View | N/A | |
| 5/8/2014 | Q1 2014 | $0.30 | $0.29 | $31.04 million | $29.81 million | View | N/A | |
| 2/27/2014 | | $0.29 | $0.40 | | | View | N/A | |
| 11/5/2012 | Q312 | $0.24 | $0.59 | $24.72 million | $27.17 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for CSI Compressco LP (NASDAQ:CCLP)| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.04 | $0.07 | $0.06 |
| Q2 2017 | 4 | $0.05 | $0.08 | $0.07 |
| Q3 2017 | 3 | $0.07 | $0.09 | $0.08 |
(Data provided by Zacks Investment Research)
Current Dividend Information for CSI Compressco LP (NASDAQ:CCLP)| Next Dividend: | 8/14/2017 |
| Annual Dividend: | $0.75 |
| Dividend Yield: | 13.69% |
| Payout Ratio: | -52.45% (Trailing 12 Months of Earnings)
-70.75% (Based on This Year's Estimates)
-234.38% (Based on Next Year's Estimates)
|
Dividend History by Quarter for CSI Compressco LP (NASDAQ CCLP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/21/2017 | | $0.19 | | 7/28/2017 | 8/1/2017 | 8/14/2017 |
| 4/21/2017 | quarterly | $0.19 | 8.98% | 4/27/2017 | 5/1/2017 | 5/15/2017 |
| 1/23/2017 | quarterly | $0.38 | 12.35% | 1/30/2017 | 2/1/2017 | 2/14/2017 |
| 10/21/2016 | quarterly | $0.38 | 13.52% | 10/28/2016 | 11/1/2016 | 11/14/2016 |
| 7/22/2016 | quarterly | $0.38 | 15.95% | 7/28/2016 | 8/1/2016 | 8/15/2016 |
| 4/20/2016 | quarterly | $0.38 | 19.31% | 4/27/2016 | 4/29/2016 | 5/13/2016 |
| 1/22/2016 | quarterly | $0.38 | 30.5% | 1/28/2016 | 2/1/2016 | 2/15/2016 |
| 10/21/2015 | quarterly | $0.50 | 14.11% | 10/28/2015 | 10/30/2015 | 11/13/2015 |
| 7/21/2015 | quarterly | $0.50 | 12.32% | 7/29/2015 | 7/31/2015 | 8/14/2015 |
| 4/21/2015 | quarterly | $0.50 | 9.66% | 4/29/2015 | 5/1/2015 | 5/15/2015 |
| 1/21/2015 | quarterly | $0.49 | 12.41% | 1/28/2015 | 1/30/2015 | 2/13/2015 |
| 10/20/2014 | quarterly | $0.46 | 7.63% | 10/29/2014 | 10/31/2014 | 11/14/2014 |
| 7/11/2014 | quarterly | $0.45 | 6.92% | 7/17/2014 | 7/21/2014 | 8/15/2014 |
| 4/21/2014 | quarterly | $0.45 | 5.97% | 4/29/2014 | 5/1/2014 | 5/15/2014 |
| 1/21/2014 | quarterly | $0.44 | 7.81% | 1/29/2014 | 1/31/2014 | 2/14/2014 |
| 10/21/2013 | quarterly | $0.43 | 7.59% | 10/30/2013 | 11/1/2013 | 11/15/2013 |
| 7/19/2013 | quarterly | $0.43 | 7.97% | 7/30/2013 | 8/1/2013 | 8/15/2013 |
| 4/19/2013 | quarterly | $0.43 | 7.33% | 4/29/2013 | 5/1/2013 | 5/15/2013 |
| 1/23/2013 | quarterly | $0.42 | 8.87% | 1/30/2013 | 2/1/2013 | 2/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for CSI Compressco LP (NASDAQ:CCLP)Institutional Ownership Percentage: 28.56%
Insider Trades by Quarter for CSI Compressco LP (NASDAQ:CCLP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/15/2016 | Ronald J Foster | SVP | Buy | 725 | $5.11 | $3,704.75 | |
| 9/11/2015 | Timothy A. Knox | insider | Buy | 2,000 | $12.81 | $25,620.00 | |
| 12/15/2014 | Bass C Wallace Jr | General Counsel | Buy | 3,000 | $15.31 | $45,930.00 | |
| 12/15/2014 | Stuart M Brightman | Director | Buy | 7,200 | $13.99 | $100,728.00 | |
| 12/12/2014 | Timothy A Knox | Insider | Buy | 7,500 | $16.32 | $122,400.00 | |
| 12/10/2014 | James P Rounsavall | CFO | Buy | 1,000 | $17.04 | $17,040.00 | |
| 7/28/2014 | Tetra Technologies Inc | Major Shareholder | Buy | 1,391,113 | $23.50 | $32,691,155.50 | |
| 7/25/2014 | Bass C Wallace Jr | General Counsel | Buy | 2,000 | $23.50 | $47,000.00 | |
| 7/25/2014 | James R Larson | Director | Buy | 1,000 | $23.50 | $23,500.00 | |
| 11/15/2012 | Geoffrey M Hertel | Director | Buy | 10,028 | $16.30 | $163,456.40 | |
| 11/12/2012 | Geoffrey M Hertel | Director | Buy | 4,510 | $16.20 | $73,062.00 | |
| 8/22/2012 | Bass C Wallace Jr | Insider | Buy | 2,500 | $15.71 | $39,275.00 | |
| 8/20/2012 | Ronald J Foster | Insider | Buy | 1,000 | $15.19 | $15,190.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for CSI Compressco LP (NASDAQ:CCLP)
Latest Headlines for CSI Compressco LP (NASDAQ:CCLP)
| Source: |
|
| Date | Headline |
|---|
 | CSI Compressco LP (NASDAQ:CCLP) Announces Dividend of $0.19
www.americanbankingnews.com - July 23 at 7:51 AM |
 | 22 Stocks Moving In Friday's Pre-Market Session | Benzinga - Benzinga
www.benzinga.com - July 21 at 6:38 PM |
 | CSI Compressco LP Announces Quarterly Distribution and Schedule for Second Quarter 2017 Results Conference Call
finance.yahoo.com - July 21 at 6:38 PM |
| CSI Compressco LP (NASDAQ:CCLP) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 11 at 6:40 PM |
| Brokerages Expect CSI Compressco LP (CCLP) Will Announce Quarterly Sales of $67.17 Million
www.americanbankingnews.com - June 30 at 2:35 PM |
| CSI Compressco LP (CCLP) Expected to Announce Earnings of -$0.25 Per Share
www.americanbankingnews.com - June 28 at 8:30 AM |
| CSI Compressco LP :CCLP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 1:56 PM |
| CSI Compressco LP (CCLP) Short Interest Update
www.americanbankingnews.com - June 10 at 11:44 PM |
 | CSI Compressco (CCLP) Presents At Bank of America Merrill Lynch 2017 Energy Credit Conference - Slideshow
seekingalpha.com - June 8 at 5:12 PM |
| Chart in Focus: Looking at MLPs amid Market Uncertainties
finance.yahoo.com - June 7 at 1:03 PM |
| $67.17 Million in Sales Expected for CSI Compressco LP (CCLP) This Quarter
www.americanbankingnews.com - June 4 at 9:52 AM |
| -$0.25 EPS Expected for CSI Compressco LP (CCLP) This Quarter
www.americanbankingnews.com - June 2 at 7:34 AM |
| Why CSI Compressco (CCLP) Could Be Positioned for a Slump
finance.yahoo.com - May 30 at 12:08 PM |
| Zacks Investment Research Downgrades CSI Compressco LP (CCLP) to Sell
www.americanbankingnews.com - May 25 at 7:58 PM |
| CSI Compressco LP (CCLP) Price Target Cut to $6.00
www.americanbankingnews.com - May 14 at 3:26 PM |
| CSI Compressco LP (CCLP) Announces Earnings Results
www.americanbankingnews.com - May 10 at 10:58 PM |
| $74.42 Million in Sales Expected for CSI Compressco LP (CCLP) This Quarter
www.americanbankingnews.com - May 10 at 9:38 AM |
| Edited Transcript of CCLP earnings conference call or presentation 9-May-17 2:30pm GMT
finance.yahoo.com - May 10 at 8:29 AM |
| TETRA Technologies, Inc. Announces First Quarter 2017 Results And Provides Updated Total Year 2017 Guidance
finance.yahoo.com - May 10 at 8:29 AM |
 | CSI Compressco LP (CCLP) Reports Q1 EPS of $0.00
www.streetinsider.com - May 9 at 4:11 PM |
 | CSI Compressco reports 1Q loss
marketbeat.com - May 9 at 7:49 AM |
| CSI Compressco LP (CCLP) Expected to Announce Earnings of -$0.19 Per Share
www.americanbankingnews.com - May 8 at 10:26 PM |
| CSI Compressco LP (CCLP) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - May 7 at 7:18 AM |
| CSI Compressco (CCLP) Earns Daily Media Impact Score of -0.04
www.americanbankingnews.com - May 2 at 12:52 PM |
| CSI Compressco LP (CCLP) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - April 29 at 7:26 AM |
| CSI Compressco (CCLP) Receives Media Sentiment Score of 0.30
www.americanbankingnews.com - April 29 at 12:00 AM |
| Why CSI Compressco LP's 50% Distribution Cut Didn't Have To Be A Surprise - Seeking Alpha
seekingalpha.com - April 28 at 5:11 PM |
| Why CSI Compressco LP's 50% Distribution Cut Didn't Have To Be A Surprise - Seeking Alpha
seekingalpha.com - April 28 at 5:11 PM |
| Royal Bank of Canada Trims CSI Compressco LP (CCLP) Target Price to $9.00
www.americanbankingnews.com - April 28 at 7:15 AM |
| TETRA Technologies, Inc. Announces First Quarter 2017 Earnings Release Conference Call and Webcast
finance.yahoo.com - April 26 at 8:29 PM |
 | CSI Compressco LP (CCLP) Ex-Dividend Date Scheduled for April 27, 2017 - Nasdaq
www.nasdaq.com - April 26 at 3:22 PM |
| CSI Compressco (CCLP) Earning Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 25 at 12:38 PM |
| Mid-Day Market Update: C R Bard Surges On Acquisition News; XOMA Shares Plunge
www.nasdaq.com - April 24 at 4:07 PM |
| CSI Compressco LP (CCLP) Lowers Quarterly Dividend 50.3% to $0.1875; 8.1% Yield
www.streetinsider.com - April 21 at 9:19 PM |
| CSI Compressco LP Declares Dividend of $0.19 (CCLP)
www.americanbankingnews.com - April 21 at 8:43 PM |
| CSI Compressco (CCLP) Receives Media Impact Rating of 0.07
www.americanbankingnews.com - April 21 at 2:09 PM |
| -$0.19 Earnings Per Share Expected for CSI Compressco LP (CCLP) This Quarter
www.americanbankingnews.com - April 18 at 12:09 AM |
| 7:37 am CSI Compressco LP names TETRA Tech (TTI) CFO Elijio V. Serrano its CFO, he will serve at both companies
finance.yahoo.com - March 15 at 4:33 PM |
| CSI COMPRESSCO LP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 10 at 10:13 PM |
| CSI COMPRESSCO LP Financials
finance.yahoo.com - March 4 at 4:41 PM |
| CSI Compressco LP (CCLP) Presents At Capital Link's 4th Annual Master Limited Partnership Investing Forum
seekingalpha.com - March 3 at 4:13 PM |
| CSI Compressco's (CCLP) CEO on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 10:40 AM |
| TETRA Technologies, Inc. Announces Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - March 1 at 10:40 AM |
| Q4 2016 CSI Compressco LP Earnings Release - Before Market Open
us.rd.yahoo.com - February 28 at 9:15 AM |
 | CSI Compressco LP Announces Fourth Quarter And Full Year 2016 Results
us.rd.yahoo.com - February 28 at 9:15 AM |
| CSI COMPRESSCO LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit
us.rd.yahoo.com - February 28 at 9:15 AM |
| Analysts Tag Stein Mart Top 'Safe' Sector Leader Dividend Dog For February
seekingalpha.com - February 20 at 3:58 PM |
| TETRA Technologies, Inc. Announces Fourth Quarter and Full-Year 2016 Earnings Release Conference Call and Webcast
finance.yahoo.com - February 10 at 9:29 PM |
| TETRA Technologies, Inc. Announces Date of Annual Meeting of Shareholders
finance.yahoo.com - February 3 at 9:27 PM |
| Dividend Stock Yields 13%, Attractive Outlook, Offers Significant Upside
seekingalpha.com - February 3 at 4:25 PM |
CSI Compressco LP (CCLP) Chart for Sunday, July, 23, 2017
