Citigroup initiated coverage on USA Compression Partners with a new price target
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Citigroup initiated coverage of USA Compression Partners with a rating of Neutral and set a new price target of $23.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/27/2024 | $23.00 | Neutral | Citigroup |
| 5/30/2024 | $23.00 → $26.00 | Underperform → Neutral | Mizuho |
| 9/29/2023 | $22.00 | Neutral → Underperform | Mizuho |
| 7/27/2022 | $18.00 | Neutral | Mizuho |
| 3/14/2022 | $17.00 | Neutral → Underweight | JP Morgan |
| 12/16/2021 | $13.00 → $15.00 | Underweight | Wells Fargo |
3 - USA Compression Partners, LP (0001522727) (Issuer)
4 - USA Compression Partners, LP (0001522727) (Issuer)
4 - USA Compression Partners, LP (0001522727) (Issuer)
LSB Industries, Inc. ("LSB" or "the Company"), (NYSE:LXU) today announced that it has appointed John Chandler as an independent member of the Board of Directors (the "Board") effective November 7, 2024. Mr. Chandler was also appointed to the audit committee of the Board. Mr. Chandler has more than 30 years of experience in the energy industry, predominantly in financial leadership and business development roles. Most recently, he served as Chief Financial Officer ("CFO") of The Williams Companies (NYSE:WMB) from 2017 to 2022. Prior to that he was CFO of Magellan Midstream Partners from 2002 to 2014. Between 1992 and 2002 he held various finance, planning and business development positions
Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter ended September 30, 2024. Energy Transfer reported net income attributable to partners for the three months ended September 30, 2024 of $1.18 billion. For the three months ended September 30, 2024, net income per common unit (basic) was $0.33. Adjusted EBITDA for the three months ended September 30, 2024 was $3.96 billion compared to $3.54 billion for the three months ended September 30, 2023. Distributable Cash Flow attributable to partners, as adjusted, for the three months ended September 30, 2024 was $1.99 billion, an increase of $4 million from the three months ende
USA Compression Partners, LP (NYSE:USAC) ("USA Compression" or the "Partnership") announced today its financial and operating results for third-quarter 2024. Financial Highlights Record total revenues of $240.0 million for third-quarter 2024, compared to $217.1 million for third-quarter 2023. Net income was $19.3 million for third-quarter 2024, compared to $20.9 million for third-quarter 2023. Net cash provided by operating activities was $48.5 million for third-quarter 2024, compared to $50.1 million for third-quarter 2023. Adjusted EBITDA was $145.7 million for third-quarter 2024, compared to $130.2 million for third-quarter 2023. Distributable Cash Flow was $86.6 million for t
LSB Industries, Inc. ("LSB" or "the Company"), (NYSE:LXU) today announced that it has appointed John Chandler as an independent member of the Board of Directors (the "Board") effective November 7, 2024. Mr. Chandler was also appointed to the audit committee of the Board. Mr. Chandler has more than 30 years of experience in the energy industry, predominantly in financial leadership and business development roles. Most recently, he served as Chief Financial Officer ("CFO") of The Williams Companies (NYSE:WMB) from 2017 to 2022. Prior to that he was CFO of Magellan Midstream Partners from 2002 to 2014. Between 1992 and 2002 he held various finance, planning and business development positions
USA Compression Partners, LP (NYSE:USAC) ("USA Compression") today announced that Christopher M. Paulsen will join the company on November 18, 2024 as its new Chief Financial Officer. Chris comes to USA Compression with over 20 years in the energy industry, most recently serving as the Senior Vice President of Business Development and Strategy at Pioneer Natural Resources. Chris received his BBA from Baylor University and his MBA from the McCombs School of Business at the University of Texas. Chris is a board member of Ralph Lowe Energy Institute at Texas Christian University. He also serves as a board member of the Maguire Energy Institute at Southern Methodist University, focusing his eff
USA Compression Partners, LP (NYSE:USAC) ("USA Compression") today announced that Michael C. Pearl has joined the company as our new Chief Financial Officer. Mike is a seasoned financial and energy veteran with years of experience leading finance and accounting teams. Mike was most recently the Chief Financial Officer at Western Midstream Partners, LP and prior to that held multiple finance roles at Anadarko Petroleum Corporation. "We are delighted to welcome Mike to the USA Compression team," said Eric D. Long, USA Compression's President and Chief Executive Officer. "Mike is an exceptional finance executive and a strategic thought partner who has track record of delivering strong financi
4 - USA Compression Partners, LP (0001522727) (Issuer)
Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter ended September 30, 2024. Energy Transfer reported net income attributable to partners for the three months ended September 30, 2024 of $1.18 billion. For the three months ended September 30, 2024, net income per common unit (basic) was $0.33. Adjusted EBITDA for the three months ended September 30, 2024 was $3.96 billion compared to $3.54 billion for the three months ended September 30, 2023. Distributable Cash Flow attributable to partners, as adjusted, for the three months ended September 30, 2024 was $1.99 billion, an increase of $4 million from the three months ende
USA Compression Partners, LP (NYSE:USAC) ("USA Compression" or the "Partnership") announced today its financial and operating results for third-quarter 2024. Financial Highlights Record total revenues of $240.0 million for third-quarter 2024, compared to $217.1 million for third-quarter 2023. Net income was $19.3 million for third-quarter 2024, compared to $20.9 million for third-quarter 2023. Net cash provided by operating activities was $48.5 million for third-quarter 2024, compared to $50.1 million for third-quarter 2023. Adjusted EBITDA was $145.7 million for third-quarter 2024, compared to $130.2 million for third-quarter 2023. Distributable Cash Flow was $86.6 million for t
Energy Transfer LP (NYSE:ET) today announced an increase in its quarterly cash distribution to $0.3225 per Energy Transfer common unit ($1.29 on an annualized basis) for the third quarter ended September 30, 2024. This cash distribution per Energy Transfer common unit will be paid on November 19, 2024 to unitholders of record as of the close of business on November 8, 2024, and is an increase of 3.2 percent as compared to the third quarter of 2023. In addition, as previously announced, Energy Transfer plans to release earnings for the third quarter of 2024 on Wednesday, November 6, 2024, after the market closes. The company will also conduct a conference call on Wednesday, November 6, 202
10-Q - USA Compression Partners, LP (0001522727) (Filer)
8-K - USA Compression Partners, LP (0001522727) (Filer)
8-K - USA Compression Partners, LP (0001522727) (Filer)
SC 13G/A - USA Compression Partners, LP (0001522727) (Subject)
SC 13G/A - USA Compression Partners, LP (0001522727) (Subject)
SC 13D/A - USA Compression Partners, LP (0001522727) (Subject)
Citigroup initiated coverage of USA Compression Partners with a rating of Neutral and set a new price target of $23.00
Mizuho upgraded USA Compression Partners from Underperform to Neutral and set a new price target of $26.00 from $23.00 previously
Mizuho downgraded USA Compression Partners from Neutral to Underperform and set a new price target of $22.00
RBC Capital analyst Elvira Scotto reiterates USA Compression Partners (NYSE:USAC) with a Sector Perform and maintains $26 price target.
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 analyst ratings page. Mizuho analyst Gabriel Moreen upgraded the rating for USA Compression Partners, LP (NYSE:USAC) 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. See how other analysts view this stock. Stifel analyst Jeffrey Stantial upgraded International Game Technology PLC (NYSE:IGT) 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.
Mizuho analyst Gabriel Moreen upgrades USA Compression Partners (NYSE:USAC) from Underperform to Neutral and raises the price target from $23 to $26.