CSI Compressco LP (NASDAQ:CCLP) declared a quarterly dividend on Tuesday, January 23rd, Wall Street Journal reports. Investors of record on Thursday, February 1st will be given a dividend of 0.1875 per share by the oil and gas company on Wednesday, February 14th. This represents a $0.75 annualized dividend and a dividend yield of 11.03%. The ex-dividend date is Wednesday, January 31st.

CSI Compressco (CCLP) opened at $6.80 on Friday. CSI Compressco has a 12-month low of $4.12 and a 12-month high of $13.24. The company has a current ratio of 1.75, a quick ratio of 0.98 and a debt-to-equity ratio of 4.92.

CSI Compressco (NASDAQ:CCLP) last posted its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported ($0.26) earnings per share for the quarter, hitting the consensus estimate of ($0.26). CSI Compressco had a negative return on equity of 35.88% and a negative net margin of 14.20%. research analysts predict that CSI Compressco will post -1.06 earnings per share for the current fiscal year.

Several research firms have commented on CCLP. Zacks Investment Research raised CSI Compressco from a “sell” rating to a “hold” rating in a report on Tuesday. ValuEngine raised CSI Compressco from a “strong sell” rating to a “sell” rating in a report on Thursday, November 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $6.00 price target (up previously from $5.00) on shares of CSI Compressco in a report on Thursday, November 9th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $5.00 price target on shares of CSI Compressco in a report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.33.

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CSI Compressco Company Profile

CSI Compressco LP is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers.

Dividend History for CSI Compressco (NASDAQ:CCLP)

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