USA Compression Partners (NYSE:USAC) Director Bradford Whitehurst Purchases 6,000 Shares

USA Compression Partners, LP (NYSE:USAC) Director Bradford Whitehurst purchased 6,000 shares of USA Compression Partners stock in a transaction dated Friday, August 21st. The stock was acquired at an average price of $26.10 per share, with a total value of $156,600.00. Following the acquisition, the director owned 43,616 shares in the company, valued at approximately $1,138,377.60. This represents a 15.95% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

USA Compression Partners Price Performance

Shares of USAC opened at $26.43 on Tuesday. The company has a debt-to-equity ratio of 10.25, a quick ratio of 0.68 and a current ratio of 1.35. The company has a 50 day moving average price of $26.23 and a 200-day moving average price of $27.14. USA Compression Partners, LP has a fifty-two week low of $21.85 and a fifty-two week high of $30.55. The stock has a market capitalization of $3.83 billion, a PE ratio of 24.93 and a beta of 0.22.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.03. The company had revenue of $342.15 million for the quarter, compared to analyst estimates of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. Equities analysts predict that USA Compression Partners, LP will post 1 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, July 27th were issued a $0.525 dividend. The ex-dividend date was Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.9%. USA Compression Partners’s dividend payout ratio (DPR) is currently 198.11%.

Institutional Trading of USA Compression Partners

A number of institutional investors have recently made changes to their positions in USAC. Ameritas Advisory Services LLC purchased a new position in USA Compression Partners during the 2nd quarter worth $238,000. First Bancorp Inc ME acquired a new stake in USA Compression Partners in the second quarter worth about $117,000. Bank of New York Mellon Corp acquired a new stake in USA Compression Partners in the second quarter worth about $423,000. Mallini Complete Financial Planning LLC grew its stake in shares of USA Compression Partners by 1.1% during the second quarter. Mallini Complete Financial Planning LLC now owns 95,530 shares of the oil and gas company’s stock worth $2,521,000 after acquiring an additional 1,041 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of USA Compression Partners by 38.5% during the first quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock worth $4,776,000 after acquiring an additional 48,978 shares during the last quarter. Institutional investors and hedge funds own 47.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Citigroup increased their price target on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada raised their price target on shares of USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, June 5th. Finally, Mizuho lifted their price objective on shares of USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $29.25.

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.