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Last $19.91 USD
Change Today -0.09 / -0.45%
Volume 48.9K
USAC On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

usa compression partners lp (USAC) Snapshot

Open
$19.52
Previous Close
$20.00
Day High
$20.35
Day Low
$19.52
52 Week High
09/2/14 - $26.16
52 Week Low
12/16/14 - $14.45
Market Cap
932.1M
Average Volume 10 Days
92.8K
EPS TTM
$0.55
Shares Outstanding
32.8M
EX-Date
07/31/15
P/E TM
36.2x
Dividend
$2.10
Dividend Yield
10.33%
Current Stock Chart for USA COMPRESSION PARTNERS LP (USAC)

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usa compression partners lp (USAC) Details

USA Compression Partners, LP provides natural gas compression services under term contracts with customers in the oil and gas industry in the United States. It engineers, designs, operates, services, and repairs its compression units and maintains related support inventory and equipment. The company provides compression services in various shale plays, including the Utica, Marcellus, Permian Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, and Fayetteville shales. As of December 31, 2014, it had approximately 1,549,020 of horsepower in its fleet. The company serves oil companies; and independent producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression GP, LLC operates as the general partner of USA Compression Partners, LP. It was formerly known as Compression Holdings, LP, and changed its name to USA Compression Partners, LP in June 2011. The company was founded in 1998 and is headquartered in Austin, Texas.

115 Employees
Last Reported Date: 08/5/15
Founded in 1998

usa compression partners lp (USAC) Top Compensated Officers

Chief Executive Officer of USA Compression GP...
Total Annual Compensation: $1.1M
Vice President of USA Compression GP LLC and ...
Total Annual Compensation: $700.0K
Vice President of USA Compression GP LLC, Gen...
Total Annual Compensation: $472.0K
Compensation as of Fiscal Year 2014.

usa compression partners lp (USAC) Key Developments

USA Compression Partners, LP Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for the Full Year of Fiscal 2015; Reports Impairment Charges on Compression Equipment for the Second Quarter Ended June 30, 2015

USA Compression Partners, LP announced unaudited consolidated earnings results for the second quarter ended June 30, 2015. For the quarter, the company announced total revenues were $66,390,000 compared to $53,266,000 for the same period a year ago. Operating loss was $11,352,000 compared to income of $10,559,000 for the same period a year ago. Net loss before income tax expense was $15,762,000 compared to income of $7,518,000 for the same period a year ago. Net loss was $15,904,000 compared to income of $7,518,000 for the same period a year ago. Net loss allocated to common units was $11,043,000 compared to income of $5,332,000 for the same period a year ago. Net loss per common unit, basic and diluted was $0.34 compared to income of $0.20 for the same period a year ago. Adjusted EBITDA was $38,618,000 compared to $26,866,000 for the same period a year ago. Net cash provided by operating activities was $34,037,000 compared to $21,600,000 for the same period a year ago. Expansion capital expenditures (used primarily to purchase new compression units) were $62.2 million, maintenance capital expenditures were $3.1 million and cash interest expense, net was $4.0 million for the second quarter of 2015. The company provided earnings guidance for the full year of fiscal 2015. For the fiscal year 2015, the company expects to report adjusted EBITDA between $135.0 million to $145.0 million, cash interest expense of $17.6 million, income tax provision of $0.4 million, maintenance capital expenditures of $17 million and depreciation and amortization is expected to be at $86.5 million. The company expects to report EBITDA between $102.1 million to $112.1 million. Net income is expected to range between loss of $2.5 million to a profit of $7.5 million. The company reported a $26.8 million impairment charge due to non-cash long-lived asset impairment charges related to its fleet. The $26.8 million impairment charge, which involved approximately 58,000 horsepower, resulted from evaluation of the future deployment potential of its currently idle fleet under current market conditions, as well as company's determination to retire and either sell or re-utilize key components of certain compression units.

USA Compression Partners, LP Announces Cash Distribution for the Second Quarter of 2015, Payable on August 14, 2015

USA Compression Partners, LP announced an increased cash distribution of $0.525 per unit on its common and subordinated units for the second quarter of 2015, which corresponds to an annualized distribution rate of $2.10 per unit, up from the first quarter’s distribution rate of $0.515 per unit, or an annualized rate of $2.06. The Partnership’s second quarter distribution rate is an increase of 1.9% over the first quarter of 2015 and is up 5.0% year-over-year. The distribution will be paid on August 14, 2015, to unitholders of record as of the close of business on August 4, 2015.

USA Compression Partners, LP to Report Q2, 2015 Results on Aug 05, 2015

USA Compression Partners, LP announced that they will report Q2, 2015 results at 10:00 AM, US Eastern Standard Time on Aug 05, 2015

 

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Industry Analysis

USAC

Industry Average

Valuation USAC Industry Range
Price/Earnings 100.0x
Price/Sales 3.8x
Price/Book 1.2x
Price/Cash Flow 10.9x
TEV/Sales 0.8x
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