USA Compression Partners, LP (NYSE:USAC) Expected to Post Quarterly Sales of $68.41 Million

Wall Street analysts expect that USA Compression Partners, LP (NYSE:USAC) will report sales of $68.41 million for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for USA Compression Partners,’s earnings, with the lowest sales estimate coming in at $66.82 million and the highest estimate coming in at $70.00 million. USA Compression Partners, reported sales of $61.13 million during the same quarter last year, which indicates a positive year over year growth rate of 11.9%. The firm is scheduled to issue its next earnings results on Tuesday, November 14th.

According to Zacks, analysts expect that USA Compression Partners, will report full-year sales of $68.41 million for the current fiscal year, with estimates ranging from $268.00 million to $279.00 million. For the next fiscal year, analysts anticipate that the business will report sales of $310.50 million per share, with estimates ranging from $306.00 million to $315.00 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that cover USA Compression Partners,.

USA Compression Partners, (NYSE:USAC) last posted its quarterly earnings data on Friday, August 4th. The oil and gas company reported $0.05 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.05. The company had revenue of $66 million during the quarter, compared to analysts’ expectations of $65.85 million. USA Compression Partners, had a net margin of 1.20% and a return on equity of 1.37%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.05 earnings per share.

A number of equities research analysts have commented on the company. BidaskClub downgraded USA Compression Partners, from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $20.00 price target on shares of USA Compression Partners, in a research note on Monday, July 31st. Finally, Zacks Investment Research raised USA Compression Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, April 25th.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in USAC. Renaissance Technologies LLC increased its position in USA Compression Partners, by 465.5% in the fourth quarter. Renaissance Technologies LLC now owns 175,309 shares of the oil and gas company’s stock valued at $3,033,000 after buying an additional 144,309 shares during the period. Guggenheim Capital LLC increased its position in USA Compression Partners, by 41.9% in the fourth quarter. Guggenheim Capital LLC now owns 92,140 shares of the oil and gas company’s stock valued at $1,594,000 after buying an additional 27,212 shares during the period. Creative Planning increased its position in USA Compression Partners, by 6.5% in the first quarter. Creative Planning now owns 22,950 shares of the oil and gas company’s stock valued at $388,000 after buying an additional 1,400 shares during the period. Riverstone Holdings LLC increased its position in USA Compression Partners, by 0.9% in the first quarter. Riverstone Holdings LLC now owns 23,514,531 shares of the oil and gas company’s stock valued at $397,160,000 after buying an additional 200,478 shares during the period. Finally, Jennison Associates LLC increased its position in USA Compression Partners, by 3.6% in the first quarter. Jennison Associates LLC now owns 417,604 shares of the oil and gas company’s stock valued at $7,053,000 after buying an additional 14,556 shares during the period.

USA Compression Partners, (NYSE:USAC) traded down 3.58% during midday trading on Friday, hitting $15.08. 138,685 shares of the stock were exchanged. The firm has a 50-day moving average price of $16.74 and a 200-day moving average price of $17.06. The stock has a market cap of $922.56 million, a P/E ratio of 186.17 and a beta of 1.16. USA Compression Partners, has a one year low of $14.30 and a one year high of $19.78.

The company also recently declared a quarterly dividend, which will be paid on Friday, August 11th. Stockholders of record on Tuesday, August 1st will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 13.93%. The ex-dividend date is Friday, July 28th. USA Compression Partners,’s dividend payout ratio (DPR) is presently 7,000.00%.

About USA Compression Partners,

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.

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