USA Compression Partners, LP (USAC) Stock Price & Analysis
USA Compression Partners, LP (USAC) closed at USD 25.02 on Thursday, October 22, 2026, down 0.60% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 25.17; the Oct 22, 2026 session ranged USD 24.55–25.49 on volume of 141,883 shares. Market capitalization is $3.63B, with a 52-week range of USD 21.85–30.55 (TEX). Source: Nexqual, retrieved October 23, 2026 at 12:51 UTC.
Also available as compact Markdown for AI agents: nexqual.com/USAC.md
Key facts (USAC)
- Last four reported quarters (through Jun 30, 2026): revenue $1.18B, net income $146M (12.4% margin), free cash flow $310M (SEC filings).
- Valuation: P/E 24.8x, EV/EBITDA 9.8x, net debt $2.93B.
- Earnings quality: non-operating income -$194M vs operating income $352M over the last four quarters; P/E excluding non-operating income ≈11.2x (estimate: non-operating income taxed at the company's 7.9% effective rate).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $262K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 3.00 on a 1–5 scale) (5 analysts), mean target USD 29.8 (range 28–33).
- Total return with dividends: 1Y +19.9% vs S&P 500 +14.9%; 5Y +131.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 0.37, revenue estimate $348M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (USAC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $633M | $705M | $846M | $950M | $998M | $1.18B |
| Operating income | $141M | $169M | $232M | $294M | $307M | $352M |
| Net income | $10.3M | $30.3M | $68.3M | $99.6M | $111M | $146M |
| Free cash flow | $220M | $126M | $33.4M | $136M | $277M | $310M |
| Operating margin | 22.3% | 24.0% | 27.4% | 31.0% | 30.7% | 30.0% |
| Net margin | 1.6% | 4.3% | 8.1% | 10.5% | 11.2% | 12.4% |
| Revenue growth | -5.2% | +11.4% | +20.1% | +12.3% | +5.0% | — |
| Cash + short-term investments | $0K | $35K | $11K | $14K | $8.6M | — |
| Total debt | $1.97B | $2.11B | $2.34B | $2.50B | $2.52B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (USAC)
P/E 24.8x · P/E ex non-operating (est.) ≈11.2x · P/S 3.1x · EV/EBITDA 9.8x · EV/Sales 5.6x · P/FCF 11.7x · FCF yield 8.54% · Earnings yield 4.03% · Net debt $2.93B · EV $6.56B
Insider purchases (SEC Form 4, open-market, last ~7 months) (USAC)
1 purchase, $262K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-20…2026-08-21 | Whitehurst Bradford D. | Director | 10,000 | $262K | 26.22 | Too little history (no open-market trades in 2023) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (USAC)
Consensus Hold (mean 3.00 on a 1–5 scale), 5 analysts; mean target USD 29.8 (low 28, high 33).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-01 | RBC Capital | Target raised | Sector Perform | $30 → $31 |
Total return (dividends reinvested) (USAC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +19.9% | +131.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +20.0% | +18.2% |
| Volatility (annualized) | 27.9% | 27.2% |
| Max drawdown | -18.1% (May 2026→Jun 2026) | -24.2% (Jun 2022→Jun 2022) |
USAC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Contract operations revenue | $319.4M | 93.4% | +31.9% |
| Retail parts and services revenue | $22.7M | 6.6% | +184.8% |
| Total revenue | $342.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
USAC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Caterpillar (CAT) | “The fleet of compression units that we own and use to provide compression services consists of specially engineered compression units that utilize standardized components, principally engines manufactured by Caterpillar Inc. and compressor frames and cylinders manufactured by Ariel Corporation.” |
| Supplier | Ariel | “The fleet of compression units that we own and use to provide compression services consists of specially engineered compression units that utilize standardized components, principally engines manufactured by Caterpillar Inc. and compressor frames and cylinders manufactured by Ariel Corporation.” |
| Supplier | CUMMINS INC (CMI) | “The substantial majority of the components for our natural gas compression equipment are supplied by Caterpillar Inc., Cummins Inc., INNIO Waukesha, and TECO-Westinghouse for engines;” |
| Partner | Delaware Revised Uniform | “Under Section 17-607 of the Delaware Revised Uniform Limited Partnership Act (the "Delaware Act"), we may not make a distribution if the distribution would cause our liabilities to exceed the fair value of our assets.” |
| Partner | USA Compression GP | “Our general partner, USA Compression GP, LLC (the "General Partner"), manages our operations and activities.” |
| Partner | GP | “As set forth in the GP LLC Agreement, the General Partner may, from time to time, establish a conflicts committee to which the Board will appoint independent directors and which may be asked to review specific matters that the Board believes may involve conflicts of interest between us, our limited partners, and Energy Transfer.” |
Quoted from the company's 10-K filed Feb 17, 2026.
USAC customer concentration
In the period ended Jun 30, 2025, a single direct customer accounted for 11% of revenue, per the company's 10-Q filed Aug 6, 2026. The company does not name it.
USAC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.37 | $0.34 | +8.6% | $348.1M | 1 |
| Next quarter (ends Dec 2026) | $0.39 | $0.35 | +11.3% | $354.9M | 1 |
| Current fiscal year (ends Dec 2026) | $1.43 | $1.32 | +8.5% | $1.38B | 1 |
| Next fiscal year (ends Dec 2027) | $1.63 | $1.79 | -9.0% | $1.47B | 1 |
Key Statistics (as of October 23, 2026 at 12:51 UTC)
| Price | USD 25.02 |
|---|---|
| Change | ▼ 0.60% (down) |
| Previous Close | USD 25.17 |
| Open | USD 25.28 |
| Day Range | USD 24.55 – 25.49 |
| 52-Week Range | USD 21.85 – 30.55 |
| Volume | 141,883 shares |
| Market Cap | $3.63B |
| Exchange | TEX |
Technical Analysis (USAC)
Nexqual's technical model rates USAC "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 12:51 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 41.87 (neutral) |
| vs SMA50 | Below (USD 26.19) |
| MACD | -0.27 (negative) |
Analyst Ratings (USAC)
Wall Street analysts rate USAC "Hold" based on 5 analysts, with a mean price target of USD 29.8 (range USD 28–33), per Nexqual as of October 23, 2026 at 12:51 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 29.8 |
| High Target | USD 33 |
| Low Target | USD 28 |
| Buy / Hold / Sell | 1 / 3 / 1 |
Earnings (USAC)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 0.37 |
| Revenue Estimate | $348.06M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.33 vs est 0.33 ▼ miss |
| 2026-03-31 | USD 0.32 vs est 0.36 ▼ miss |
| 2025-12-31 | USD 0.28 vs est 0.31 ▼ miss |
| 2025-09-30 | USD 0.29 vs est 0.26 ▲ beat |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financials & Fundamentals (USAC)
| Total Revenue | $1.18B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +36.80% |
| Gross Margin | +66.07% |
| Operating Margin | +29.35% |
| Profit Margin | +12.43% |
| ROE | +122.35% |
| Debt / Equity | 10.3 |
| Current Ratio | 1.35 |
| Total Cash | $9.48M |
| Total Debt | $2.96B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $309.81M (26.3% of revenue) |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financial Health Score (USAC)
Nexqual rates USA Compression Partners, LP's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 12:51 UTC.
| Growth | Solid — Revenue +5% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 66%, operating 29% (last 12 months) |
| Balance Sheet | Critical — $9M cash and investments vs $2.94B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $310M (last 4 quarters to Jun 2026, SEC), 26% margin |
| Efficiency | Strong — ROE 122%, ROA 7.1% |
Ownership (USAC)
| Insider Ownership | +38.50% |
|---|---|
| Institutional Ownership | +39.77% |
| Shares Outstanding | 144.94M |
| Float | 97.10M |
| Short % of Float | +2.14% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Leadership (USAC)
USA Compression Partners, LP is led by Micah C. Green, President & CEO of USA Compression GP LLC, per Nexqual as of October 23, 2026 at 12:51 UTC.
| President & CEO of USA Compression GP LLC | Micah C. Green |
|---|---|
| Senior VP, CFO & Treasurer of USA Compression GP LLC | Christopher M. Paulsen |
| Senior VP & COO of USA Compression GP, LLC | Christopher J. Wauson |
Major Backers & Investors (USAC)
Notable institutional backers of USA Compression Partners, LP include ALPS ETF TRUST-ALERIAN MLP ETF, Alps Advisors Inc., Invesco, according to Nexqual as of October 23, 2026 at 12:51 UTC.
Active Investors
| Investor | Stake |
|---|---|
| ALPS ETF TRUST-ALERIAN MLP ETF | 13.35% |
| Alps Advisors Inc. | 12.59% |
| Invesco | 8.43% |
| AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. | 8.4% |
| GLOBAL X FUNDS-Global X MLP ETF | 4.72% |
| Mirae Asset Global ETFs Holdings Ltd. | 4.27% |
| Goldman Sachs | 2.73% |
| Morgan Stanley | 1.96% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
From USA Compression Partners, LP's Latest SEC 10-K Filing (filed 2026-02-17)
Key Strengths & Strategy (as disclosed to the SEC)
- The J-W Power Acquisition added approximately 0.8 million active horsepower and 1.0 million total horsepower to our fleet across key regions including the Northeast, Mid-Con, Rockies, Gulf Coast, Bakken and Permian Basin.
- We believe that we are one of the largest independent providers of natural gas compression services in the U.S. in terms of total compression fleet horsepower.
- Our standard new-build compression units generally are configured for multiple compression stages, which allows us to operate our units across a broad range of operating conditions.
- The design flexibility of our units, particularly in midstream applications, allows us to enter into longer-term contracts and reduces the redeployment risk of our horsepower in the field.
Legal & Regulatory Risks (Item 1A, quoted)
- We and our customers are subject to substantial environmental regulation, and changes in these regulations could increase our and their costs or liabilities and result in decreased demand for our services.
- New regulations, proposed regulations, and proposed modifications to existing regulations under the Clean Air Act, if implemented, could result in increased compliance costs.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| OII | Oceaneering International, Inc. | USD 36.62 | ▼ 16.94% |
| WBI | WaterBridge Infrastructure LLC | USD 28.33 | ▼ 5.5% |
| TDW | Tidewater Inc. | USD 79.61 | ▼ 2.1% |
| WHD | Cactus, Inc. Class A Common Sto | USD 60.38 | ▼ 5.91% |
| KGS | Kodiak Gas Services, Inc. | USD 44.07 | ▼ 10.1% |
| EFXT | Enerflex Ltd | USD 22.89 | ▼ 7.29% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 12:51 UTC. This page is informational and not investment advice.
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