USA Compression Partners, LP (USAC) - NYSE
  • Tue, Jun. 21, 2:58 PM
    • Delek Logistics (DKL +2.9%) and Archrock Partners (APLP +10%) are upgraded to Buy from Neutral at Goldman Sachs with respective price targets of $32 and $14, citing attractive relative valuation and upside growth opportunity.
    • However, the firm downgrades USA Compression (USAC +0.1%) to Sell from Neutral with a $13 price target, saying the company's high leverage brings risk of a distribution cut.
    • Goldman says the calls are part of its more confident medium-term view on U.S. oil and gas production, which will boost utilization rates, but the firm remains uncertain about the near-term outlook, taking into account overcapacity and new market entrants.
    | Tue, Jun. 21, 2:58 PM | 7 Comments
  • Fri, Jan. 22, 12:44 PM
    | Fri, Jan. 22, 12:44 PM
  • Sep. 10, 2015, 12:44 PM
    | Sep. 10, 2015, 12:44 PM | 4 Comments
  • Sep. 10, 2015, 9:11 AM
    | Sep. 10, 2015, 9:11 AM | 1 Comment
  • Sep. 9, 2015, 5:02 PM
    • USA Compression Partners (NYSE:USAC) -5.1% AH after announcing a public offering of 4M common units, with an underwriters option to purchase up to an additional 600K units.
    • USAC says it plans to use the proceeds to pay down debt outstanding under its revolving credit facility and for general partnership purposes.
    | Sep. 9, 2015, 5:02 PM | 3 Comments
  • May 14, 2014, 9:08 AM
    | May 14, 2014, 9:08 AM | 1 Comment
  • May 14, 2014, 8:54 AM
    • USA Compression Partners (USAC) -6.4% premarket after announcing a public offering of 6.6M common units, including 1M offered by certain selling unitholders, priced at $25.59 each.
    • USAC plans to use the proceeds to reduce debt and for general partnership purposes; it will receive no proceeds from the units sold by the selling unitholders.
    | May 14, 2014, 8:54 AM
  • Aug. 14, 2013, 9:37 AM
    • USA Compression Partners (USAC +3.5%) — which yesterday reported Q2 results and announced the acquisition of $183M in compression assets — is downgraded to Neutral from Buy at Goldman.
    • Price target raised to $25 from $22.
    • Growth potential is "group-average," analyst Ted Durbin says, adding that although GS likes USAC's "exposure to shale-driven infrastructure growth via fee-based cash flows with no commodity risk," the shares are probably fully valued.
    • See the conference call (transcript) for Durbin's back and forth with management regarding the recent acquisition and what it means for EBITDA.
    | Aug. 14, 2013, 9:37 AM
  • Feb. 11, 2013, 10:43 AM

    Coverage of USA Compression Partners (USAC +2%) is initiated by at least four firms, including an Overweight rating from J.P. Morgan, which believes USAC's discounted valuation plus upper-single-digit distribution growth supported by strong organic growth initiatives will drive outperformance as the market gains comfort with its execution and assigns a valuation closer to peers.

    | Feb. 11, 2013, 10:43 AM
Company Description
USA Compression Partners LP provides compression services in the U.S. in terms of total compression fleet horsepower. It provide compression services to there customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of... More
Industry: Oil & Gas Drilling & Exploration
Country: United States