NASDAQ:CCLPCSI Compressco Stock Price, Forecast & News

CSI Compressco's stock was trading at $0.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CCLP stock has decreased by 54.2% and is now trading at $0.4350. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSI Compressco in the last year. There are currently 4 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for CSI Compressco.

CSI Compressco is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for CSI Compressco.

CSI Compressco LP (NASDAQ:CCLP) posted its quarterly earnings data on Monday, May, 4th. The oil and gas company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.02. The oil and gas company had revenue of $90.28 million for the quarter, compared to analysts' expectations of $91.03 million. CSI Compressco had a negative net margin of 4.78% and a negative return on equity of 31.46%. View CSI Compressco's earnings history.

CSI Compressco announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Friday, May 1st will be given a dividend of $0.01 per share on Friday, May 15th. This represents a $0.04 annualized dividend and a dividend yield of 9.20%. The ex-dividend date of this dividend is Thursday, April 30th. View CSI Compressco's dividend history.

CSI Compressco updated its first quarter 2020 After-Hours earnings guidance on Monday, April, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $95-97 million, compared to the consensus revenue estimate of $95.6 million.

4 analysts have issued twelve-month price targets for CSI Compressco's stock. Their forecasts range from $0.50 to $3.00. On average, they expect CSI Compressco's stock price to reach $1.33 in the next twelve months. This suggests a possible upside of 206.5% from the stock's current price. View analysts' price targets for CSI Compressco.

News stories about CCLP stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CSI Compressco earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near term. View the latest news aboutCSI Compressco.

CSI Compressco saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 473,500 shares, an increase of 14.1% from the April 30th total of 415,100 shares. Based on an average daily trading volume, of 387,200 shares, the short-interest ratio is currently 1.2 days. Currently, 1.6% of the shares of the stock are sold short. View CSI Compressco's Current Options Chain.

Some companies that are related to CSI Compressco include Superior Energy Services (SPNVD), Mammoth Energy Services (TUSK), Cypress Energy Partners (CELP), Ranger Energy Services (RNGR), KLX Energy Services (KLXE), FTS International (FTSI), US Well Services (USWS), NCS Multistage (NCSM), Quintana Energy Services (QES), Superior Energy Services (SPN), Basic Energy Services (BAS), Recon Technology (RCON), Key Energy Services (KEG), Eco-Stim Energy Solutions (ESES) and Energy & Technology (ENGT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CSI Compressco investors own include Energy Transfer LP Unit (ET), SunCoke Energy Partners (SXCP), SandRidge Permian Trust (PER), CBL & Associates Properties (CBL), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL), Prospect Capital (PSEC), Targa Resources (TRGP), TETRA Technologies (TTI) and Cornerstone Strategic Value Fund (CLM).

CSI Compressco trades on the NASDAQ under the ticker symbol "CCLP."

CSI Compressco's stock is owned by many different retail and institutional investors. Top institutional investors include WealthTrust Axiom LLC (0.89%). Company insiders that own CSI Compressco stock include Owen Serjeant and Roy Mcniven. View institutional ownership trends for CSI Compressco.

CCLP stock was sold by a variety of institutional investors in the last quarter, including WealthTrust Axiom LLC. View insider buying and selling activity for CSI Compressco.

Shares of CCLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CCLP stock can currently be purchased for approximately $0.44.

CSI Compressco has a market capitalization of $20.59 million and generates $476.58 million in revenue each year. The oil and gas company earns $-20,970,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis. CSI Compressco employs 750 workers across the globe.

The official website for CSI Compressco is www.compressco.com.

CSI Compressco's mailing address is 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX, 77380. The oil and gas company can be reached via phone at 281-364-2244 or via email at [email protected]