USA Compression Partners, LP (USAC) To Go Ex-Dividend on July 27th

USA Compression Partners, LP (NYSE:USAC) announced a quarterly dividend on Thursday, July 16th. Stockholders of record on Monday, July 27th will be paid a dividend of 0.525 per share by the oil and gas company on Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Monday, July 27th.

USA Compression Partners has a dividend payout ratio of 185.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research 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

USAC opened at $26.09 on Friday. The stock has a market cap of $3.78 billion, a P/E ratio of 26.89 and a beta of 0.21. 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 stock’s 50 day simple moving average is $27.38 and its 200 day simple moving average is $26.85. USA Compression Partners has a 1-year low of $21.85 and a 1-year high of $30.55.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.08). The firm had revenue of $331.27 million during the quarter, compared to analysts’ expectations of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. As a group, equities analysts anticipate that USA Compression Partners will post 1.02 EPS for the current fiscal year.

Hedge Funds Weigh In On USA Compression Partners

Institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its stake in shares of USA Compression Partners by 82.7% during the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock valued at $77,254,000 after acquiring an additional 1,296,339 shares during the last quarter. Raymond James Financial Inc. increased its position in USA Compression Partners by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock worth $13,340,000 after purchasing an additional 8,169 shares in the last quarter. HRT Financial LP acquired a new position in USA Compression Partners in the 2nd quarter valued at about $1,555,000. Corient Private Wealth LLC raised its stake in USA Compression Partners by 131.7% in the 2nd quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock valued at $10,038,000 after purchasing an additional 234,730 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in USA Compression Partners by 233.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 1,010 shares in the last quarter. 47.77% of the stock is owned by institutional investors and hedge funds.

About USA Compression Partners

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.