USA Compression names Christopher Paulse as new CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2024
0mins
New CFO Announcement: USA Compression (USAC) has appointed Christopher M. Paulsen as its new Chief Financial Officer, effective November 18, 2024.
Background of New CFO: Paulsen brings over 20 years of experience in the energy sector, previously serving as Senior Vice President of Business Development and Strategy at Pioneer Natural Resources.
Analyst Views on USAC
Wall Street analysts forecast USAC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for USAC is 25.50 USD with a low forecast of 23.00 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
4 Hold
0 Sell
Hold
Current: 25.730
Low
23.00
Averages
25.50
High
29.00
Current: 25.730
Low
23.00
Averages
25.50
High
29.00
About USAC
USA Compression Partners, LP is a provider of natural gas compression services. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. The Company engineers, designs, operates, services and repairs its fleet of compression units and maintains related support inventory and equipment. It also provides compression services in mature conventional basins, including gas lift applications on crude oil wells targeted by horizontal drilling techniques. It has over 3,862,102 horsepower in its fleet. It provides compression services in unconventional resource plays throughout the United States, including the Utica, Marcellus, Permian, Denver-Julesburg, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, and Haynesville shales.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
