USA Compression Partners Stock (NYSE: USAC)

Latest news for USA Compression Partners (NYSE:USAC) Stock

USA Compression Partners

USA Compression Partners LP provides compression services in the United States in terms of total compression fleet horsepower to customers relating to infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services, and repairs its compression units and maintains related support inventory and equipment. The company provides compression services in several shale plays throughout the U.S., including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, and others.

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LBRT

USAC

USA Compression Partners (NYSE: USAC) reported a second-quarter adjusted net profit of 21 cents per common unit, which beat the Zacks Consensus Estimate of 17 cents due to its improved pricing and utilization.

USA Compression Q2 Earnings &amp; Revenues Top Estimates

Events

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Small Cap

PUMP

Enbridge Inc. (NYSE: ENB) has unveiled plans for an expansion of the Westcoast Pipeline in British Columbia to address the rising natural gas demand in the province and the U.S. Pacific Northwest.

Enbridge Announces Plans to Expand Westcoast Pipeline

USA Compression Partners, LP Common Units Representing Limited Partner Interests

USA Compression Partners LP

<p>RBC Capital  analyst Elvira Scotto   reiterates USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) with a Sector Perform and maintains $26 price target.</p>


Price Target

Reiteration

RBC Capital Reiterates Sector Perform on USA Compression Partners, Maintains $26 Price Target

<p><strong>Updated 2024 Outlook</strong></p>
<ul>
<li>Raised 2024 net income outlook to a range of $105.0 million to $125.0 million from $95.0 million to $115.0 million.</li>
<li>Raised 2024 Adjusted EBITDA outlook to a range of $565.0 million to $585.0 million from $555.0 million to $575.0 million.</li>
<li>Raised 2024 Distributable Cash Flow outlook to a range of $345.0 million to $365.0 million from $340.0 million to $360.0 million.</li>
</ul>


USA Compression Partners Raises FY24 Outlook: Net Income Of $105M-$125M From $95M-$115M Prior, Adjusted EBITDA To $565M-$585M From $555M-$575M

<p>USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.17 by 35.29 percent. This is a 109.09 percent increase over earnings of $0.11 per share from the same period last year.  The company reported quarterly sales of $235.310 million which beat the analyst consensus estimate of $234.902 million by 0.17 percent.  This is a 13.72 percent increase over sales of $206.920 million the same period last year.</p>


USA Compression Partners Q2 2024 GAAP EPS $0.23 Beats $0.17 Estimate, Sales $235.310M Beat $234.902M Estimate

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.</p>
<ul>
<li>Mizuho analyst Gabriel Moreen upgraded the rating for <strong>USA Compression Partners, LP</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) from Underperform to Neutral, while raising the price target from $23 to $26. USA Compression Partners shares fell 0.7% to close at $23.88 on Wednesday. <a href="https://www.benzinga.com/quote/USAC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel analyst Jeffrey Stantial upgraded <strong>International Game Technology PLC</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGT#NYSE">IGT</a>) from Hold to Buy and boosted the price target from $24 to $26. Intl Game Tech shares fell 0.7% to settle at $19.10 on Wednesday. <a href="https://www.benzinga.com/quote/IGT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho analyst Dan Dolev upgraded the rating for <strong>PayPal Holdings, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) from Neutral to Buy, while increasing the price target from $68 to $90. PayPal shares fell 1.8% to settle at $61.05 on Wednesday. <a href="https://www.benzinga.com/quote/PYPL/analyst-ratings">See how other analysts view this stock. See how other analysts view this stock.</a></li>
<li>Evercore ISI Group analyst Peter Levine upgraded <strong>Okta, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) from In-Line to Outperform and increased the price target from $102 to $122. Okta shares rose 0.2% to close at $96.36 on Wednesday. <a href="https://www.benzinga.com/quote/OKTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities analyst Koji Ikeda upgraded the rating for <strong>Datadog, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) from Neutral to Buy, while raising the price target from $143 to $155. Datadog shares fell 0.4% to settle at $121.68 on Wednesday. <a href="https://www.benzinga.com/quote/DDOG/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
<p>Check This Out: <a href="https://www.benzinga.com/news/earnings/24/05/39084656/how-to-earn-500-a-month-from-nvidia-stock-following-strong-earnings-report">How To Earn $500 A Month From Nvidia Stock Following Strong Earnings Report</a></p>


Upgrades

DDOG

OKTA

PYPL

This Datadog Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

<p>Mizuho  analyst Gabriel Moreen   upgrades USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) from Underperform to Neutral and raises the price target from $23 to $26.</p>


Mizuho Upgrades USA Compression Partners to Neutral, Raises Price Target to $26

FANG

Energy Transfer To Acquire WTG Midstream In A Transaction Valued At $3.25B From Affiliates Of Stonepeak, The Davis Estate And Diamondback Energy; Consideration For The Transaction Will Be Comprised Of $2.45B In Cash And ~50.8M Newly Issued Energy Transfer Common Units

USA Compression Partners FY24 Outlook: Reaffirms Net Income Of $95M-$115M, Adjusted EBITDA Of $555M-$575M

<p>USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.13 by 46.15 percent.  The company reported quarterly sales of $229.276 million which beat the analyst consensus estimate of $228.352 million by 0.40 percent.  This is a 16.31 percent increase over sales of $197.124 million the same period last year.</p>


USA Compression Partners Q1 2024 GAAP EPS $0.19 Beats $0.13 Estimate, Sales $229.276M Beat $228.352M Estimate

<p>Raymond James  analyst Praveen Narra   maintains USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) with a Outperform and raises the price target from $28 to $30.</p>


Raymond James Maintains Outperform on USA Compression Partners, Raises Price Target to $30

<p>USA Compression Partners, LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) (the "Partnership") today announced the pricing of a private placement to eligible purchasers by the Partnership and its wholly-owned subsidiary, USA Compression Finance Corp., of $1.0 billion in aggregate principal amount of 7.125% senior unsecured notes due 2029 at par. The offering is expected to close on March 18, 2024, subject to customary closing conditions.</p>
<p>The Partnership estimates that it will receive net proceeds of approximately $984.4 million, after deducting the initial purchasers' discounts and estimated offering expenses. The net proceeds from the offering will be used to repay a portion of existing borrowings under its asset-based revolving credit facility, redeem all of the 6.875% senior notes due 2026, and for general partnership purposes.</p>


Offerings

USA Compression Partners, LP Announces Pricing Of $1B Offering Of Senior Notes

<p><strong>USA Compression Partners, LP</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) reported fourth-quarter fiscal 2023 total revenue growth of 18.4% year-over-year to $225.049 million, <a href="https://www.benzinga.com/pressreleases/24/02/b37089511/usa-compression-partners-reports-fourth-quarter-2023-results-and-provides-2024-outlook-achieves-re">beating the consensus of $220.80 million.</a></p>
<p>Earnings per unit was $0.02 for the quarter, up from a loss per unit of $(0.09) in Q4 2022. Net income for the quarter included a $10.5 million loss on derivative instrument.</p>
<p>Adjusted gross margin was 67.5%, up 220 bps YoY. The operating income improved to $68.54 million (+46.8% Y/Y), margin expanded by 590 bps to 30.5%. Adjusted EBITDA margin expanded by 216 bps to 61.6%.</p>
<p>USAC's net cash provided by operating activities for the fiscal totaled $271.99 million, <a href="https://www.benzinga.com/calendars/earnings">compared to $260.59 million in 2022.</a></p>
<p>Q4 Distributable Cash Flow was $79.9 million compared to $60.6 million in the same quarter in 2022. Distributable Cash Flow Coverage was 1.48x versus 1.18x.</p>
<p>USAC's Q4 Average horsepower utilization was 94.1% compared to 91.3% YoY. Average revenue-generating horsepower of 3.41 million for the quarter 2023 versus 3.17 million last year.</p>
<p>The company recorded Q4 average revenue per revenue-generating horsepower per month of $19.52, up from $17.81 a year ago.</p>
<p>&#8220;As we turn to 2024, we believe the large-horsepower compression market will continue to be historically tight as crude oil and natural gas production is expected to grow in the key basins in which we operate, and capital discipline is expected to remain prevalent in the oil and gas industry. We look forward to continuing to deliver high-quality service to our customers, and remain focused on improving our financial condition and returning value to our stakeholders," commented Eric D. Long, USA Compression's President and Chief Executive Officer.</p>
<p><strong>2024 Outlook:</strong> USA Compression expects net income of $95 million-$115 million, Adjusted EBITDA of $555 million-$575 million, and Distributable Cash Flow range of <a href="https://www.benzinga.com/calendars/guidance">$310 million-$330 million.</a></p>
<p><strong>Price Action:</strong>&nbsp;USAC shares are trading lower by 1.32% at $23.58 on the last check Tuesday.</p>


Equities

USA Compression Q4 Revenue Surpasses Market Predictions, Eyes Bright 2024 Amid Tight Compression Market

<p>By the close of today, February 13, 2024, <b>Archrock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AROC#NYSE">AROC</a>)</b> will issue a dividend payout of $0.17 per share, resulting in an annualized dividend yield of 4.16%. Only those investors who owned the stock prior to the ex-dividend date on February 05, 2024 will receive this payout.</p>
<h3>Archrock Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-05</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>4.16%</td>
<td>2024-01-25</td>
<td>2024-02-06</td>
<td>2024-02-13</td>
</tr>
<tr>
<td>2023-11-06</td>
<td style="text-align: right;">4</td>
<td>$0.15</td>
<td>4.85%</td>
<td>2023-10-26</td>
<td>2023-11-07</td>
<td>2023-11-14</td>
</tr>
<tr>
<td>2023-08-07</td>
<td style="text-align: right;">4</td>
<td>$0.15</td>
<td>5.57%</td>
<td>2023-07-27</td>
<td>2023-08-08</td>
<td>2023-08-15</td>
</tr>
<tr>
<td>2023-05-08</td>
<td style="text-align: right;">4</td>
<td>$0.15</td>
<td>6.08%</td>
<td>2023-04-28</td>
<td>2023-05-09</td>
<td>2023-05-16</td>
</tr>
<tr>
<td>2023-02-06</td>
<td style="text-align: right;">4</td>
<td>$0.15</td>
<td>6.4%</td>
<td>2023-01-26</td>
<td>2023-02-07</td>
<td>2023-02-14</td>
</tr>
<tr>
<td>2022-11-07</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>7.84%</td>
<td>2022-10-27</td>
<td>2022-11-08</td>
<td>2022-11-15</td>
</tr>
<tr>
<td>2022-08-08</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>6.82%</td>
<td>2022-07-28</td>
<td>2022-08-09</td>
<td>2022-08-16</td>
</tr>
<tr>
<td>2022-05-09</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>6.58%</td>
<td>2022-04-28</td>
<td>2022-05-10</td>
<td>2022-05-17</td>
</tr>
<tr>
<td>2022-02-07</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>6.81%</td>
<td>2022-01-27</td>
<td>2022-02-08</td>
<td>2022-02-15</td>
</tr>
<tr>
<td>2021-11-08</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>6.99%</td>
<td>2021-10-28</td>
<td>2021-11-09</td>
<td>2021-11-16</td>
</tr>
<tr>
<td>2021-08-06</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>6.86%</td>
<td>2021-07-28</td>
<td>2021-08-09</td>
<td>2021-08-16</td>
</tr>
<tr>
<td>2021-05-07</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>6.18%</td>
<td>2021-04-28</td>
<td>2021-05-10</td>
<td>2021-05-17</td>
</tr>
</tbody>
</table>
<p>When comparing Archrock's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer <b>USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>)</b> having the highest annualized dividend yield at 8.79%.</p>
<h3>Analyzing Archrock Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707836734_0.png" alt="dividend chart graph" /></p>
<p>As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $0.58 in 2020 to $0.61 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.</p>
<h3>YoY Earnings Growth For Archrock</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707836734_1.png" alt="earning chart graph" /></p>
<p>The earnings chart displays a decline in Archrock's earnings per share, decreasing from $1.04 in 2020 to $0.53 in 2023. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.</p>
<h3>Recap</h3>
<p>In this article, we explore the recent dividend payout of Archrock and its significance for shareholders. The company has decided to distribute a dividend of $0.17 per share today, which equates to an annualized dividend yield of 4.16%.</p>
<p>When comparing Archrock's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer USA Compression Partners having the highest annualized dividend yield at 8.79%.</p>
<p>With dividend per share increasing and earnings per share decreasing from 2020 to 2023, Archrock seems to be emphasizing the distribution of profits to investors despite the decline in profitability.</p>
<p>Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


AROC

Commitment to Shareholders amid Decreased Earnings: Archrock Ensures Steady Distribution

<table cellspacing="0">
<tbody>
<tr>
<td colspan="2" rowspan="1">
<p><strong>FULL-YEAR 2024 ADJUSTED EBITDA AND DISTRIBUTABLE CASH FLOW&nbsp;GUIDANCE&nbsp;RANGE</strong></p>
<p><strong>RECONCILIATION TO NET INCOME</strong></p>
<p><strong>(Unaudited)</strong></p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>&nbsp;</p>
</td>
<td colspan="1" rowspan="1">
<p><strong>Guidance</strong></p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Net income</p>
</td>
<td colspan="1" rowspan="1">
<p>$95.0 million&nbsp;to&nbsp;$115.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Plus: Interest expense, net</p>
</td>
<td colspan="1" rowspan="1">
<p>184.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Plus: Depreciation and amortization</p>
</td>
<td colspan="1" rowspan="1">
<p>260.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Plus: Income tax expense</p>
</td>
<td colspan="1" rowspan="1">
<p>1.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>EBITDA</p>
</td>
<td colspan="1" rowspan="1">
<p>$540.0 million&nbsp;to&nbsp;$560.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Plus: Unit-based compensation expense (1)</p>
</td>
<td colspan="1" rowspan="1">
<p>15.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Adjusted EBITDA</p>
</td>
<td colspan="1" rowspan="1">
<p>$555.0 million&nbsp;to&nbsp;$575.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Less: Cash interest expense</p>
</td>
<td colspan="1" rowspan="1">
<p>169.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Less: Current income tax expense</p>
</td>
<td colspan="1" rowspan="1">
<p>1.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Less: Maintenance capital expenditures</p>
</td>
<td colspan="1" rowspan="1">
<p>32.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Less: Distributions on Preferred Units</p>
</td>
<td colspan="1" rowspan="1">
<p>45.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Plus: Cash received on derivative instrument</p>
</td>
<td colspan="1" rowspan="1">
<p>2.0 million</p>
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
<p>Distributable Cash Flow</p>
</td>
<td colspan="1" rowspan="1">
<p>$310.0 million&nbsp;to&nbsp;$330.0 million</p>
</td>
</tr>
</tbody>
</table>


USA Compression Partners 2024 Outlook: Expects Net Income Of $95M-$115M, Adjusted EBITDA Of $555M-$575M, And Distributable Cash Flow Of $310M-$330M

<p>USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>)&nbsp; reported quarterly sales of $225.05 million which beat the analyst consensus estimate of $220.80 million by 1.92 percent. This is a 18.38 percent increase over sales of $190.11 million the same period last year.</p>


USA Compression Partners Q4 EPS $0.02, Up From $(0.09) YoY, Sales $225.05M Beat $220.80M Estimate

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>USA Compression Partners</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Thursday that it would pay shareholders a quarterly dividend of 52.5 cents per share. On Friday, USA Compression Partners will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 52.5 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own USAC as of the end of Thursday's session are eligible to receive the 52.5 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on February 02, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/USAC">Track real-time stock fluctuations for USA Compression Partners on Benzinga.</a></p>


Halliburton: Bolstering Investor Value with Reduced Dividends and Amplified Earnings

<p>Investors eagerly anticipate the dividend payout from <b>Cactus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>)</b> on December 14, 2023. With a payout of $0.12 per share and an annualized dividend yield of 1.10%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on November 24, 2023</p>
<h3>Cactus Recent Dividend Payouts</h3>
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<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-24</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>1.1%</td>
<td>2023-11-08</td>
<td>2023-11-27</td>
<td>2023-12-14</td>
</tr>
<tr>
<td>2023-08-25</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.95%</td>
<td>2023-08-01</td>
<td>2023-08-28</td>
<td>2023-09-14</td>
</tr>
<tr>
<td>2023-05-26</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>1.15%</td>
<td>2023-05-09</td>
<td>2023-05-30</td>
<td>2023-06-15</td>
</tr>
<tr>
<td>2023-02-24</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>0.79%</td>
<td>2023-01-17</td>
<td>2023-02-27</td>
<td>2023-03-16</td>
</tr>
<tr>
<td>2022-11-25</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>0.83%</td>
<td>2022-11-07</td>
<td>2022-11-28</td>
<td>2022-12-15</td>
</tr>
<tr>
<td>2022-08-26</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>1.11%</td>
<td>2022-08-04</td>
<td>2022-08-29</td>
<td>2022-09-15</td>
</tr>
<tr>
<td>2022-05-26</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>0.87%</td>
<td>2022-05-04</td>
<td>2022-05-30</td>
<td>2022-06-16</td>
</tr>
<tr>
<td>2022-02-25</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>0.89%</td>
<td>2022-01-27</td>
<td>2022-02-28</td>
<td>2022-03-17</td>
</tr>
<tr>
<td>2021-11-26</td>
<td style="text-align: right;">4</td>
<td>$0.1</td>
<td>0.91%</td>
<td>2021-11-03</td>
<td>2021-11-29</td>
<td>2021-12-16</td>
</tr>
<tr>
<td>2021-08-27</td>
<td style="text-align: right;">4</td>
<td>$0.1</td>
<td>1.09%</td>
<td>2021-07-28</td>
<td>2021-08-30</td>
<td>2021-09-16</td>
</tr>
<tr>
<td>2021-05-27</td>
<td style="text-align: right;">4</td>
<td>$0.09</td>
<td>1.12%</td>
<td>2021-05-05</td>
<td>2021-05-31</td>
<td>2021-06-17</td>
</tr>
<tr>
<td>2021-02-26</td>
<td style="text-align: right;">4</td>
<td>$0.09</td>
<td>1.23%</td>
<td>2021-01-21</td>
<td>2021-03-01</td>
<td>2021-03-18</td>
</tr>
</tbody>
</table>
<p>Cactus's dividend yield falls in the middle range when compared to its industry peers, with <b>USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>)</b> having the highest annualized dividend yield at 9.01%.</p>
<h3>Analyzing Cactus Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702566328_0.png" alt="dividend chart graph" /></p>
<p>From 2020 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.36 in 2020 to $0.44 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.</p>
<h3>YoY Earnings Growth For Cactus</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1702566329_1.png" alt="earning chart graph" /></p>
<p>The earnings chart above reveals a decrease in Cactus's earnings per share, declining from $1.94 in 2020 to $1.51 in 2022. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.</p>
<h3>Recap</h3>
<p>In this article, we delve into Cactus's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.12 per share today, resulting in an annualized dividend yield of 1.10%.</p>
<p>Cactus's dividend yield falls in the middle range when compared to its industry peers, with USA Compression Partners having the highest annualized dividend yield at 9.01%.</p>
<p>The rising dividend per share and declining earnings per share of Cactus from 2020 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.</p>
<p>To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.</p>
<p>[See current stock movements Cactus on Benzinga.](https://www.benzinga.com/quote/<b>Cactus (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/whd#NYSE">WHD</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Commitment to Shareholders amid Decreased Earnings: Cactus Ensures Steady Distribution

<p>By the close of today, November 03, 2023, <b>USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>)</b> will issue a dividend payout of $0.53 per share, resulting in an annualized dividend yield of 8.16%. Only those investors who owned the stock prior to the ex-dividend date on October 20, 2023 will receive this payout.</p>
<h3>USA Compression Partners Recent Dividend Payouts</h3>
<style>
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        th {
            background-color: #293a5a;
            color: #fff;
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            background-color: #f2f4f8;
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            font-size: 12px;
            color: #6c757d;
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-10-20</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>8.16%</td>
<td>2023-10-12</td>
<td>2023-10-23</td>
<td>2023-11-03</td>
</tr>
<tr>
<td>2023-07-21</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>10.24%</td>
<td>2023-07-13</td>
<td>2023-07-24</td>
<td>2023-08-04</td>
</tr>
<tr>
<td>2023-04-21</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>9.86%</td>
<td>2023-04-13</td>
<td>2023-04-24</td>
<td>2023-05-05</td>
</tr>
<tr>
<td>2023-01-20</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>10.17%</td>
<td>2023-01-12</td>
<td>2023-01-23</td>
<td>2023-02-03</td>
</tr>
<tr>
<td>2022-10-21</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>12.09%</td>
<td>2022-10-13</td>
<td>2022-10-24</td>
<td>2022-11-04</td>
</tr>
<tr>
<td>2022-07-22</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>12.13%</td>
<td>2022-07-14</td>
<td>2022-07-25</td>
<td>2022-08-05</td>
</tr>
<tr>
<td>2022-04-22</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>10.88%</td>
<td>2022-04-14</td>
<td>2022-04-25</td>
<td>2022-05-06</td>
</tr>
<tr>
<td>2022-01-21</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>12.01%</td>
<td>2022-01-13</td>
<td>2022-01-24</td>
<td>2022-02-04</td>
</tr>
<tr>
<td>2021-10-22</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>12.18%</td>
<td>2021-10-14</td>
<td>2021-10-25</td>
<td>2021-11-05</td>
</tr>
<tr>
<td>2021-07-23</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>12.49%</td>
<td>2021-07-15</td>
<td>2021-07-26</td>
<td>2021-08-06</td>
</tr>
<tr>
<td>2021-04-23</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>13.82%</td>
<td>2021-04-14</td>
<td>2021-04-26</td>
<td>2021-05-07</td>
</tr>
<tr>
<td>2021-01-22</td>
<td style="text-align: right;">4</td>
<td>$0.53</td>
<td>13.92%</td>
<td>2021-01-14</td>
<td>2021-01-25</td>
<td>2021-02-05</td>
</tr>
</tbody>
</table>
<p>In terms of dividend yield, USA Compression Partners finds itself in the middle ground among its industry peers, while <b>Kodiak Gas Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>)</b> takes the lead with the highest annualized dividend yield at 8.80%.</p>
<h3>Analyzing USA Compression Partners Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699023904_0.png" alt="dividend chart graph" /></p>
<p>The company has consistently maintained a dividend per share of $2.10 from 2019 to 2022. This unwavering dividend policy instills confidence in investors, as they can rely on a consistent income stream from the company's dividends.</p>
<h3>YoY Earnings Growth For USA Compression Partners</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699023904_1.png" alt="earning chart graph" /></p>
<p>From 2019 to 2022, USA Compression Partners experienced a decrease in earnings per share, dropping from $0.02 to $-0.24. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.</p>
<h3>Recap</h3>
<p>This article delves into the recent dividend payout of USA Compression Partners and its implications for shareholders. Presently, the company is distributing a dividend of $0.53 per share, leading to an annualized dividend yield of 8.16%.</p>
<p>In terms of dividend yield, USA Compression Partners finds itself in the middle ground among its industry peers, while Kodiak Gas Services takes the lead with the highest annualized dividend yield at 8.80%.</p>
<p>Even though there has been no change in the dividend per share from 2019 to 2022, the declining earnings per share of USA Compression Partners reflect a weaker financial footing, which may limit the company's ability to consistently reward shareholders with profit distributions.</p>
<p>Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.</p>
<p>\To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Managing Performance Challenges: USA Compression Partners Responds to Decreased Earnings with Strategic Dividend Changes

<p>Stifel  analyst Selman Akyol   maintains USA Compression Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USAC#NYSE">USAC</a>) with a Hold and raises the price target from $22 to $24.</p>


Stifel Maintains Hold on USA Compression Partners, Raises Price Target to $24

USA Compression Partners Q2 2024 Earnings Preview

USA Compression Partners GAAP EPS of $0.23 beats by $0.05, revenue of $235.3M beats by $0.4M

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>USA Compression Partners</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/usac-stock-quote/"><strong>USAC</strong></a></span>) just reported results for the second quarter of 2024.</p><ul><li>USA Compression Partners reported earnings per share of 23 cents. This was above the analyst estimate for EPS of 17 cents.</li><li>The company reported revenue of $235.31 million.</li><li>This was 0.18% better than the analyst estimate for revenue of $234.90 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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									</ul><p>The post <a href="https://investorplace.com/earning-results/2024/08/usac-stock-earnings-usa-compression-partners-for-q2-of-2024/">USAC Stock Earnings: USA Compression Partners Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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