Insiders bought 45,000 units last week: It's now at multi-year lows, and is 26% below analysts' lowest price target, and is selling at 85% of book value. Demand for USAC's large-scale horsepower units is robust for 2018 and 2019, with new equipment already committed, and prices rising. Management has maintained its payout through previous boom and bust cycles - the yield is now 15.56%. It provides a vital service for producing and transporting natural gas.
Looking for a dependable high-yield vehicle? The management at USA Compression Partners LP (USAC) have maintained the company's $.52 quarterly through previous boom and bust cycles. If you've ever researched how natural gas gets pulled out of the ground, you've already discovered that compression is an increasingly important part of the operation. Compression also is a vital element in shale fracking production, which requires more compression than traditional techniques.
Source: Seeking Alpha
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Insiders Just Bought A 15% Yield At Below Book Value: USA Compression Partners LP
Posted by D4L | Tuesday, December 18, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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