USA Compression Partners, LP (NYSE:USAC – Get Free Report) Director Bradford Whitehurst purchased 4,000 shares of USA Compression Partners stock in a transaction that occurred on Thursday, August 20th. The stock was purchased at an average cost of $26.40 per share, for a total transaction of $105,600.00. Following the completion of the purchase, the director owned 37,616 shares of the company’s stock, valued at $993,062.40. This trade represents a 11.90% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
USA Compression Partners Stock Down 0.5%
USA Compression Partners stock traded down $0.12 on Monday, hitting $26.43. 279,012 shares of the stock traded hands, compared to its average volume of 231,195. The company has a current ratio of 1.35, a quick ratio of 0.68 and a debt-to-equity ratio of 10.25. The firm has a market cap of $3.83 billion, a P/E ratio of 24.93 and a beta of 0.22. The business’s fifty day simple moving average is $26.22 and its 200 day simple moving average is $27.14. USA Compression Partners, LP has a 1 year low of $21.85 and a 1 year high of $30.55.
USA Compression Partners (NYSE:USAC – Get Free Report) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03. The firm had revenue of $342.15 million for the quarter, compared to the consensus estimate of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. As a group, sell-side analysts forecast that USA Compression Partners, LP will post 1 earnings per share for the current year.
USA Compression Partners Announces Dividend
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on USAC. Zacks Research cut USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Royal Bank Of Canada raised their price objective on USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, June 5th. Citigroup lifted their price objective on USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Finally, Mizuho boosted their target price on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, USA Compression Partners presently has a consensus rating of “Hold” and an average price target of $29.25.
Read Our Latest Report on USA Compression Partners
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of USAC. Ameritas Advisory Services LLC bought a new position in shares of USA Compression Partners in the second quarter worth approximately $238,000. First Bancorp Inc ME bought a new position in USA Compression Partners in the 2nd quarter valued at approximately $117,000. Bank of New York Mellon Corp bought a new position in USA Compression Partners in the 2nd quarter valued at approximately $423,000. Mallini Complete Financial Planning LLC boosted its stake in USA Compression Partners by 1.1% during the 2nd quarter. Mallini Complete Financial Planning LLC now owns 95,530 shares of the oil and gas company’s stock valued at $2,521,000 after purchasing an additional 1,041 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in USA Compression Partners by 38.5% during the 1st quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock valued at $4,776,000 after purchasing an additional 48,978 shares during the last quarter. 47.77% of the stock is owned by hedge funds and other institutional investors.
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.
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