CCLP dividend yield calculator – CSI Compressco LP Declares 0.01 Cash Dividend
April 20, 2023
Dividends Yield
On April 19th 2023, CSI Compressco LP declared a 0.01 cash dividend for the fiscal year. This dividend represents the third annual dividend of 0.04 USD per share, yielding 2.96% each year. This yield is also the average dividend yield for the period.
For those investors looking to include a dividend stock in their portfolio, CSI Compressco LP is a great option, as the next ex-dividend date is April 27th 2023. By investing in CSI COMPRESSCO LP ($NASDAQ:CCLP), you can expect a steady return of 2.96% per year from your dividends.
Stock Price
The stock opened at $1.2 and closed at $1.2 for the day, representing a 1.7% decrease from the prior closing price of $1.2. This dividend comes as a surprise to many investors given the current market conditions. The company’s board of directors is confident that this dividend will provide added value to shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CCLP. More…
| Total Revenues | Net Income | Net Margin |
| 353.4 | -21.99 | -6.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CCLP. More…
| Operations | Investing | Financing |
| 35.54 | -43.94 | 10.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CCLP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 722.4 | 747.68 | -0.18 |
Key Ratios Snapshot
Some of the financial key ratios for CCLP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -9.5% | -3.8% | 9.3% |
| FCF Margin | ROE | ROA |
| -4.7% | -90.5% | 2.9% |
Analysis
As part of our analysis of CSI COMPRESSCO LP’s fundamentals, GoodWhale classified the company as a ‘rhino’ – a type of company with moderate revenue or earnings growth. We believe this would be of interest to investors who are seeking a balance between capitalizing on short-term growth opportunities and protecting their investments. When it comes to CSI COMPRESSCO LP’s financial health, we rate it at a 6/10, with a good track record of paying off debt and securing funds for future operations. The company also displays strong asset management, a dividend yield that beats the market average, moderate growth and less-than-optimal profitability figures. More…
Peers
The competition between CSI Compressco LP and its competitors, KLX Energy Services Holdings Inc, Natural Gas Services Group Inc, and USA Compression Partners LP, is fierce. Each company is vying for a bigger share of the market, offering the latest technologies and services to clients in order to gain a competitive edge. As the competition heats up, customers are likely to benefit from better quality products and services.
– KLX Energy Services Holdings Inc ($NASDAQ:KLXE)
KLX Energy Services Holdings Inc is a global provider of mission-critical, technology-enabled services and solutions to the upstream, midstream, and downstream energy markets. The company’s market cap as of 2022 is 205M, which is an indication of its financial position and potential for future growth. The company’s Return on Equity (ROE) of 415.16% is significantly higher than the industry average, which indicates that the company is performing well and managing its resources efficiently. Furthermore, the company’s high ROE is indicative of its ability to generate profits from its shareholders’ investments, which can be beneficial for long-term growth.
– Natural Gas Services Group Inc ($NYSE:NGS)
Gas Services Group Inc (GSG) is a publicly traded energy services provider based in Dallas, Texas. The company provides natural gas and related services to commercial and industrial customers across the United States. As of 2022, GSG has a market cap of 137.78M, indicating the company’s value and size as a public company. The company has a Return on Equity of -1.96%, which is relatively low compared to other publicly traded companies. This may indicate that GSG is not able to generate enough profit from its operations to ensure a return for its shareholders.
– USA Compression Partners LP ($NYSE:USAC)
USA Compression Partners LP is a Delaware limited partnership that provides compression services and solutions to customers in the natural gas and oil industry. The company has a market cap of 1.89 billion as of 2022 and a return on equity of 22.65%. USA Compression Partners LP’s market cap indicates that the company is highly valued by investors as it is a large company with a wide range of operations and services. The company’s return on equity indicates that the company is successfully generating revenue for its shareholders and is capable of generating returns that are substantially higher than the cost of capital. USA Compression Partners LP is well-positioned to take advantage of the opportunities in the natural gas and oil industry, as well as to continue to grow its market share in this sector.
Summary
Investing in CSI COMPRESSCO LP is attractive for those seeking a consistent and reliable dividend yield. For the last three years, the company has issued an annual dividend of 0.04 USD per share, giving an average yield of 2.96% per annum. Analysts have also noted the company’s strong financial position, with sufficient capital to support any future expand or diversification plans. The stock is also considered to be undervalued by the market, making it an attractive buy for long-term investors looking for capital appreciation over time.
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