USA Compression Partners, LP (NYSE:USAC) Announces Quarterly Dividend of $0.53

USA Compression Partners, LP (NYSE:USAC) declared a quarterly dividend on Thursday, July 16th. Stockholders of record on Monday, July 27th will be given a dividend of 0.525 per share by the oil and gas company on Friday, August 7th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Monday, July 27th.

USA Compression Partners has a dividend payout ratio of 185.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect USA Compression Partners to earn $1.34 per share next year, which means the company may not be able to cover its $2.10 annual dividend with an expected future payout ratio of 156.7%.

USA Compression Partners Stock Performance

USA Compression Partners stock opened at $26.88 on Friday. USA Compression Partners has a 12-month low of $21.85 and a 12-month high of $30.55. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of 27.71 and a beta of 0.21. The firm’s fifty day moving average price is $27.42 and its 200 day moving average price is $26.85.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). The business had revenue of $331.27 million during the quarter, compared to analyst estimates of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. On average, research analysts forecast that USA Compression Partners will post 1.02 EPS for the current fiscal year.

Institutional Trading of USA Compression Partners

A number of large investors have recently modified their holdings of the company. Alps Advisors Inc. lifted its position in USA Compression Partners by 3.8% in the 4th quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company’s stock valued at $408,209,000 after purchasing an additional 642,462 shares during the last quarter. JPMorgan Chase & Co. grew its position in USA Compression Partners by 29.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,599,073 shares of the oil and gas company’s stock worth $105,779,000 after purchasing an additional 1,056,548 shares during the last quarter. Goldman Sachs Group Inc. grew its position in USA Compression Partners by 9.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,344,670 shares of the oil and gas company’s stock worth $76,927,000 after purchasing an additional 302,491 shares during the last quarter. Morgan Stanley increased its stake in shares of USA Compression Partners by 123.5% in the fourth quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company’s stock valued at $62,390,000 after purchasing an additional 1,498,928 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of USA Compression Partners by 2.5% in the third quarter. Raymond James Financial Inc. now owns 562,735 shares of the oil and gas company’s stock valued at $13,506,000 after purchasing an additional 13,992 shares during the period. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.