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
- Sub-Industry: N/A
- Symbol: NASDAQ:CCLP
- CUSIP: N/A
- Web: www.compressco.com
Average Prices:- 52 Week Range: $4.12 - $13.54
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -10.32
- P/E Growth: 0.00
Dividend:- Annual Dividend: $0.75
- Dividend Yield: 15.8%
Profitability:- Net Margins: -17.01%
- Return on Equity: -36.43%
- Return on Assets: -6.45%
Debt:- Debt-to-Equity Ratio: 4.32%
- Current Ratio: 1.86%
- Quick Ratio: 1.08%
Misc:- Average Volume: 104,597 shs.
- Beta: 2
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 announced a quarterly 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. This represents a $0.75 annualized dividend and a dividend yield of 15.46%. 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) announced its earnings results on Tuesday, August, 8th. The company reported ($0.21) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.25) by $0.04. The firm earned $75.32 million during the quarter, compared to analyst estimates of $66.64 million. CSI Compressco LP had a negative return on equity of 36.43% and a negative net margin of 17.01%. 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?
5 equities research analysts have issued 12-month price objectives for CSI Compressco LP's stock. Their forecasts range from $5.00 to $12.00. On average, they anticipate CSI Compressco LP's share price to reach $7.50 in the next year. 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 Flotek Industries (FTK), Tetra Technologies (TTI), Emerge Energy Services LP (EMES), Geospace Technologies Corporation (GEOS), Carbo Ceramics (CRR), Gulf Island Fabrication (GIFI), Ranger Energy Services (RNGR), Ion Geophysical Corporation (IO), Eco-Stim Energy Solutions (ESES), IRIS International (IRIS), Enservco Corp (ENSV), Enteq Upstream PLC (NTQ), Baker Hughes A GE Co (BHI), Cameron International (CAM), Geospace Technologies (OYOG), Solaris Oilfield Infrastructure (SOI) and Targa Pipeline Partners LP (APL).
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, President of Compressco Partners GP
- Elijio V. Serrano, Chief Financial Officer & Principal Accounting Officer 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
Who owns CSI Compressco LP stock?
CSI Compressco LP's stock is owned by a number of of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (0.00%), FMR LLC (3.92%), Wells Fargo & Company MN (3.26%), WealthTrust Axiom LLC (0.00%), Airain ltd (0.48%) and Raymond James Financial Services Advisors Inc. (0.00%). View Institutional Ownership Trends for CSI Compressco LP.
Who sold CSI Compressco LP stock? Who is selling CSI Compressco LP stock?
CSI Compressco LP's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Advisors Asset Management Inc., Raymond James Trust N.A. and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for CSI Compressco LP.
Who bought CSI Compressco LP stock? Who is buying CSI Compressco LP stock?
CSI Compressco LP's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Airain ltd, Parkwood LLC, Virtu KCG Holdings LLC, WealthTrust Axiom LLC, Aegis Financial Corp and Wells Fargo & Company MN. View Insider Buying and Selling for CSI Compressco LP.
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 $4.85.
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: | 1 Sell Rating, 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $7.50 (54.64% upside) |
Analysts' Ratings History for CSI Compressco LP (NASDAQ:CCLP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/25/2017 | Stifel Nicolaus | Set Price Target | Hold | $5.00 | Medium |  |
| 8/23/2017 | Bank of America Corporation | Lower Price Target | Underperform | $6.50 -> $5.00 | Medium | |
| 8/21/2017 | Royal Bank Of Canada | Reiterated Rating | Hold | $8.00 | Low | |
| 8/8/2017 | Capital One Financial Corporation | Reiterated Rating | Equal Weight | | High | |
| 9/23/2016 | Janney Montgomery Scott | Upgrade | Neutral -> Buy | $10.00 -> $12.00 | N/A | |
| 1/14/2016 | Raymond James Financial, Inc. | Lower Price Target | | $16.00 -> $10.00 | N/A | |
(Data available from 9/22/2015 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 |
|---|
| 11/8/2017 | | | | | | | N/A | |
| 8/8/2017 | Q2 2017 | ($0.25) | ($0.21) | $66.64 million | $75.32 million | View | Listen | |
| 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)| Most Recent Dividend: | 8/14/2017 |
| Annual Dividend: | $0.75 |
| Dividend Yield: | 15.46% |
| Payout Ratio: | -50.00% (Trailing 12 Months of Earnings)
-74.26% (Based on This Year's Estimates)
-159.57% (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 | Quarterly | $0.19 | 14.31% | 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: 28.67%
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)
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CSI Compressco LP (CCLP) Chart for Friday, September, 22, 2017
