Zacks Research Has Positive Outlook for USAC FY2024 Earnings

USA Compression Partners LP (NYSE:USAC) – Stock analysts at Zacks Research upped their FY2024 earnings estimates for shares of USA Compression Partners in a research report issued on Wednesday, December 18th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $0.75 per share for the year, up from their previous forecast of $0.74. The consensus estimate for USA Compression Partners’ current full-year earnings is $0.80 per share. Zacks Research also issued estimates for USA Compression Partners’ Q2 2025 earnings at $0.24 EPS and Q1 2026 earnings at $0.33 EPS.

A number of other research analysts also recently issued reports on USAC. Mizuho cut their price objective on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, October 2nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a research report on Friday, November 22nd. Finally, Citigroup initiated coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They set a “neutral” rating and a $23.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $26.00.

USA Compression Partners Stock Performance

NYSE USAC opened at $23.06 on Monday. The business’s fifty day moving average is $22.82 and its 200 day moving average is $22.91. The company has a market capitalization of $2.70 billion, a PE ratio of 40.46 and a beta of 1.34. USA Compression Partners has a fifty-two week low of $21.06 and a fifty-two week high of $28.47.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. The business had revenue of $239.97 million during the quarter, compared to the consensus estimate of $238.37 million. During the same quarter in the previous year, the business posted $0.09 earnings per share.

Institutional Trading of USA Compression Partners

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. boosted its holdings in shares of USA Compression Partners by 0.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 211,521 shares of the oil and gas company’s stock valued at $4,848,000 after purchasing an additional 833 shares during the last quarter. Objectivity Squared LLC lifted its position in shares of USA Compression Partners by 2.3% in the third quarter. Objectivity Squared LLC now owns 206,843 shares of the oil and gas company’s stock worth $4,768,000 after buying an additional 4,644 shares in the last quarter. Infrastructure Capital Advisors LLC boosted its stake in USA Compression Partners by 14.9% during the third quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company’s stock valued at $4,497,000 after buying an additional 25,439 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in USA Compression Partners by 12.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 93,523 shares of the oil and gas company’s stock valued at $2,144,000 after buying an additional 10,592 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in USA Compression Partners by 2.7% in the 3rd quarter. GSA Capital Partners LLP now owns 92,955 shares of the oil and gas company’s stock worth $2,131,000 after acquiring an additional 2,425 shares during the last quarter. 47.77% of the stock is currently owned by institutional investors.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, October 21st were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 9.11%. The ex-dividend date was Monday, October 21st. USA Compression Partners’s payout ratio is currently 368.42%.

About USA Compression Partners

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.