CCLP - CSI Compressco LP Stock Price, Fair Value and News

2.42USD Market Closed

Market Summary

USD2.42

Market Closed

CCLP Stock Price

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CCLP RSI Chart

CCLP Valuation

Market Cap

344.8M

Price/Earnings (Trailing)

-36.38

Price/Sales (Trailing)

0.89

EV/EBITDA

7.69

Price/Free Cashflow

80.21

CCLP Price/Sales (Trailing)

CCLP Profitability

Operating Margin

58.99%

EBT Margin

-1.48%

Return on Assets

-1.38%

Free Cashflow Yield

1.25%

CCLP Fundamentals

CCLP Revenue

Revenue (TTM)

386.1M

Rev. Growth (Yr)

4.58%

Rev. Growth (Qtr)

-1.44%

CCLP Earnings

Earnings (TTM)

-9.5M

Earnings Growth (Yr)

21.17%

Earnings Growth (Qtr)

-253.43%

Breaking Down CCLP Revenue

Last 7 days

-1.7%

Last 30 days

17.7%

Last 90 days

42.9%

Trailing 12 Months

82.0%

How does CCLP drawdown profile look like?

CCLP Financial Health

Current Ratio

1.71

Debt/Cashflow

0.1

CCLP Investor Care

Shares Dilution (1Y)

0.64%

Diluted EPS (TTM)

-0.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	364.8M	377.0M	381.8M	386.1M
2022	314.4M	322.4M	339.6M	353.4M
2021	285.9M	289.7M	295.1M	304.2M
2020	330.5M	320.8M	311.2M	301.6M
2019	456.7M	492.6M	491.1M	340.1M
2018	313.4M	340.0M	383.7M	438.7M
2017	295.5M	292.7M	293.6M	293.6M
2016	389.2M	338.8M	327.9M	311.6M
2015	355.7M	450.1M	435.9M	410.4M
2014	120.3M	124.3M	190.3M	282.6M
2013	116.8M	120.0M	121.3M	121.3M
2012	95.8M	98.4M	102.5M	108.6M
2011	83.0M	85.2M	89.8M	95.2M
2010	0	87.5M	84.5M	81.4M
2009	0	0	0	90.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of CSI Compressco LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	tucker michael james	back to issuer	-	-	-45,014	-
Apr 01, 2024	gill stephen r.	back to issuer	-	-	-290,924	-
Apr 01, 2024	byers jonathan w.	back to issuer	-	-	-702,524	chief financial officer
Apr 01, 2024	spartan energy partners lp	back to issuer	-	-	-10,952,500	-
Apr 01, 2024	pitcock matthew b	back to issuer	-	-	-377,984	vp north america sales
Apr 01, 2024	larson james r	back to issuer	-	-	-271,671	-
Apr 01, 2024	spartan energy partners lp	back to issuer	-	-	-52,872,400	-
Apr 01, 2024	gardner ted a	back to issuer	-	-	-1,297,040	-
Apr 01, 2024	parkening riplee l	back to issuer	-	-	-168,141	controller
Apr 01, 2024	anchondo derek j	back to issuer	-	-	-219,176	general counsel

Which funds bought or sold CCLP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	sold off	-100	-8,000	-	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	0.02	24,872	82,757	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-32.47	-1,375	38,229	-%
Apr 11, 2024	&PARTNERS	sold off	-100	-142,398	-	-%
Apr 10, 2024	TL Private Wealth	sold off	-100	-34,871	-	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	new	-	524,416	524,416	-%
Feb 16, 2024	DRW Securities, LLC	new	-	24,057	24,057	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-112,918	-	-%
Feb 15, 2024	Coastal Bridge Advisors, LLC	unchanged	-	4,629	30,184	0.01%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	reduced	-2.89	174,089	1,358,140	-%

Are Funds Buying or Selling CCLP?

Are funds buying CCLP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CCLP

No. of Funds

Unveiling CSI Compressco LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 01, 2024	spartan energy holdco llc	0.0%	0	SC 13D/A
Feb 13, 2024	hill city capital, lp	5.25%	7,459,259	SC 13G/A
Feb 12, 2024	invesco ltd.	7.2%	10,234,420	SC 13G/A
Dec 21, 2023	spartan energy holdco llc	2.5%	3,489,221	SC 13D/A
Dec 21, 2023	merced capital, l.p.	5.45%	7,736,528	SC 13D/A
Aug 03, 2023	merced capital, l.p.	5.45%	7,736,528	SC 13D
Feb 10, 2023	invesco ltd.	7.6%	10,731,105	SC 13G
Feb 07, 2023	hill city capital, lp	5.28%	7,459,259	SC 13G/A
Jan 23, 2023	merced capital, l.p.	5.48%	7,736,528	SC 13G/A
Feb 11, 2022	merced capital, l.p.	7.00%	9,680,912	SC 13G/A

Recent SEC filings of CSI Compressco LP

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	15-12G	15-12G
Apr 10, 2024	EFFECT	EFFECT
Apr 10, 2024	EFFECT	EFFECT
Apr 10, 2024	EFFECT	EFFECT
Apr 10, 2024	EFFECT	EFFECT
Apr 02, 2024	S-8 POS	Employee Benefits Plan
Apr 02, 2024	S-8 POS	Employee Benefits Plan
Apr 02, 2024	S-8 POS	Employee Benefits Plan
Apr 02, 2024	POS AM	POS AM
Apr 02, 2024	POS AM	POS AM

Peers (Alternatives to CSI Compressco LP)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	70.3B	34.1B	-10.38%	2.59%	16.21	2.06	14.20%	12.21%
HAL	34.3B	23.1B	-0.77%	20.41%	13.2	1.48	6.71%	31.84%
MID-CAP
FTI	11.5B	8.1B	4.93%	98.06%	53.8	1.41	18.75%	572.06%
NOV	7.5B	8.8B	-1.72%	13.95%	7.56	0.85	14.70%	199.24%
CHX	6.6B	3.7B	-1.75%	29.34%	18.21	1.78	-4.02%	100.73%
LBRT	3.8B	4.6B	13.13%	83.35%	8.05	0.84	-1.29%	-16.22%
AROC	3.2B	990.3M	4.40%	104.56%	30.05	3.19	17.12%	137.04%
SMALL-CAP
DNOW	1.6B	2.3B	-4.07%	40.13%	6.28	0.67	8.66%	93.36%
DRQ	685.2M	424.1M	-12.75%	-25.85%	1.1K	1.62	17.17%	137.19%
CLB	681.3M	-	-0.29%	-24.91%	28.73	1.36	-	-
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	326.1M	719.2M	-12.94%	-11.45%	12.42	0.45	9.95%	114.41%

CSI Compressco LP News

Latest updates

CSI Compressco LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.4%	98,271,000	99,707,000	96,779,000	91,371,000	93,969,000	94,895,000	84,522,000	80,012,000	80,189,000	77,684,000	76,531,000	69,766,000	71,124,000	72,258,000	72,770,000	85,435,000	99,591,000	113,747,000	135,856,000	103,436,000	138,068,000
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	36,260,000	9,432,500	49,413,000	63,243,000	49,736,000	-40,342,000	74,076,000	93,350,000	68,100,000	-10,688,000
S&GA Expenses	16.3%	13,596,000	11,686,000	12,291,000	9,979,000	10,080,000	10,731,000	10,911,000	10,841,000	12,231,000	10,265,000	10,502,000	10,301,000	7,991,000	7,973,000	9,241,000	9,090,000	3,654,000	11,336,000	10,974,000	10,665,000	4,518,000
EBITDA Margin	0.3%	0.33	0.32	0.32	0.32	0.31	0.29	0.29	0.29	0.29	0.29	0.29	-	-	-	-	-	-	-	-	-	-
Interest Expenses	0.1%	13,427,000	13,410,000	13,747,000	13,315,000	11,929,000	12,615,000	12,556,000	12,381,000	13,816,000	13,635,000	13,632,000	13,708,000	13,833,000	13,886,000	13,580,000	13,169,000	13,498,000	13,533,000	13,045,000	13,299,000	13,482,000
Income Taxes	899.0%	2,088,000	209,000	924,000	552,000	2,289,000	940,000	741,000	816,000	1,221,500	677,000	1,348,000	1,706,000	1,272,000	715,000	961,000	196,000	-359,000	-363,000	-704,000	4,373,000	307,000
Earnings Before Taxes	-70.6%	-1,259,000	-738,000	-1,649,000	-2,061,000	-1,957,000	-3,592,000	-6,179,000	-5,754,000	-16,055,500	-9,545,000	-7,981,000	-11,127,000	-20,168,000	-10,749,000	-22,223,000	-6,670,000	-8,603,000	-3,976,000	-3,651,000	-8,083,000	-8,534,000
EBT Margin	11.9%	-0.01	-0.02	-0.02	-0.04	-0.05	-0.09	-0.12	-0.13	-0.15	-0.17	-0.17	-	-	-	-	-	-	-	-	-	-
Net Income	-253.4%	-3,347,000	-947,000	-2,573,000	-2,613,000	-4,246,000	-4,451,000	-6,828,000	-6,570,000	-17,237,000	-10,492,000	-9,620,000	-12,895,000	-23,025,000	-12,607,000	-24,578,000	-13,630,000	-1,957,000	-3,613,000	-2,947,000	-12,456,000	-3,702,000
Net Income Margin	9.7%	-0.02	-0.03	-0.04	-0.05	-0.06	-0.10	-0.01	-0.02	-0.03	-0.19	-0.20	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-167.8%	-15,569,000	22,949,000	-8,566,000	5,485,000	-20,932,000	23,866,000	-22,031,000	2,568,000	-29,997,000	18,552,000	-11,776,000	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.8%	687	692	706	727	722	730	736	740	722	684	685	708	710	751	770	834	822	850	836	850	827
Current Assets	-3.8%	120	125	128	138	128	129	135	127	101	110	100	109	97.00	114	103	148	127	153	146	157	152
Cash Equivalents	-54.8%	7.00	16.00	12.00	14.00	8.00	16.00	8.00	17.00	7.00	24.00	9.00	22.00	17.00	17.00	7.00	7.00	2.00	15.00	4.00	17.00	16.00
Inventory	-3.8%	45.00	47.00	52.00	51.00	46.00	44.00	43.00	38.00	33.00	32.00	32.00	33.00	31.00	34.00	40.00	63.00	37.00	64.00	66.00	75.00	65.00
Net PPE	-0.5%	519	522	529	538	545	551	549	558	570	520	529	540	551	573	607	628	604	655	648	650	641
Current Liabilities	-14.7%	70.00	82.00	74.00	93.00	84.00	98.00	80.00	88.00	71.00	156	61.00	72.00	59.00	77.00	87.00	130	108	133	119	126	94.00
Long Term Debt	1.5%	629	619	636	631	634	624	645	630	631	561	641	639	639	637	638	638	638	646	634	634	633
LT Debt, Current	-	13.00	-	-	-	14.00	-	-	-	-	80.00	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	1.5%	629	619	636	631	634	624	645	630	631	561	641	639	639	637	638	638	638	646	634	634	633
Accumulated Depreciation	2.2%	666	652	639	627	612	602	585	569	556	504	490	473	458	436	435	421	400	391	379	374	359
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47.00	-	-	-	42.00
Float	-	-	-	95.00	-	-	-	97.00	-	-	-	31.00	-	-	-	31.00	-	-	-	108	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-93.2%	2,382	35,162	4,772	19,854	-8,420	42,395	-10,201	11,770	-4,320	25,742	-5,810	11,544	7,033	-4,451	4,823	13,357	235	27,119	8,710	31,632	23,605
Share Based Compensation	0.4%	459	457	514	75.00	392	458	431	52.00	193	497	836	474	345	232	488	324	356	-211	590	365	341
Cashflow From Investing	-41.6%	-17,291	-12,213	-7,644	-14,311	-8,762	-17,412	-11,830	-5,935	-25,111	-6,887	-5,277	-3,234	-6,276	18,550	-608	-6,483	-4,090	-20,542	-16,434	-23,152	-25,325
Cashflow From Financing	132.0%	6,321	-19,740	1,550	-403	9,982	-17,656	13,084	4,860	12,376	-4,641	-1,208	-3,150	-818	-4,173	-4,831	-1,863	-9,043	4,402	-4,854	-7,475	-8,581

CCLP Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Total revenues	$ 386,128	$ 353,398
Cost of revenues (excluding depreciation and amortization expense):
Total cost of revenues	210,456	197,566
Depreciation and amortization	77,409	78,231
Impairments and other charges	0	135
Selling, general, and administrative expense	47,552	42,563
Interest expense, net of capitalized interest of $18 in 2023 and $318 in 2022	53,899	49,481
Other (income) expense, net	2,519	2,904
Loss before taxes and discontinued operations	(5,707)	(17,482)
Provision for income taxes	3,773	4,786
Loss from continuing operations	(9,480)	(22,268)
Income (loss) from discontinued operations, net of taxes	0	173
Net loss	(9,480)	(22,095)
General partner interest in net loss	(44)	(104)
Common units interest in net loss	$ (9,436)	$ (21,991)
Basic and diluted net loss per common unit:
Loss from continuing operations per common unit, basic (in usd per share)	$ (0.07)	$ (0.16)
Loss from continuing operations per common unit, diluted (in usd per share)	(0.07)	(0.16)
Income (loss) from discontinued operations per common unit, basic (in usd per share)	0	0
Income (loss) from discontinued operations per common unit, diluted (in usd per share)	0	0
Net loss per common unit, basic (in usd per share)	(0.07)	(0.16)
Net loss per common unit, diluted (in usd per share)	$ (0.07)	$ (0.16)
Weighted average common units outstanding:
Basic (in shares)	141,900,481	141,109,230
Diluted (in shares)	141,900,481	141,109,230
Contract services
Revenues:
Total revenues	$ 284,049	$ 263,241
Cost of revenues (excluding depreciation and amortization expense):
Total cost of revenues	140,663	135,639
Aftermarket services
Revenues:
Total revenues	83,621	72,928
Cost of revenues (excluding depreciation and amortization expense):
Total cost of revenues	66,355	58,199
Equipment rentals
Revenues:
Total revenues	17,209	14,865
Cost of revenues (excluding depreciation and amortization expense):
Total cost of revenues	2,094	2,346
Equipment sales
Revenues:
Total revenues	1,249	2,364
Cost of revenues (excluding depreciation and amortization expense):
Total cost of revenues	$ 1,344	$ 1,382

CCLP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 7,012	$ 8,475
Inventories	44,932	45,902
Prepaid expenses and other current assets	8,651	7,905
Total current assets	120,023	128,315
Property, plant, and equipment:
Land and building	7,241	7,227
Compressors and equipment	1,134,451	1,103,657
Vehicles	8,783	8,640
Construction in progress	34,880	37,183
Total property, plant, and equipment	1,185,355	1,156,707
Less accumulated depreciation	(666,075)	(611,734)
Net property, plant, and equipment	519,280	544,973
Other assets:
Deferred tax assets	17	3
Intangible assets, net of accumulated amortization of $39,586 in 2023 and $36,627 in 2022	16,181	19,140
Operating lease right-of-use assets	28,244	27,205
Other assets	3,291	2,767
Total other assets	47,733	49,115
Total assets	687,036	722,403
Current liabilities:
Accounts payable	21,996	34,589
Unearned income	2,525	2,590
Accrued liabilities and other	45,851	47,076
Current liabilities associated with discontinued operations	0	0
Total current liabilities	70,372	84,255
Other liabilities:
Long-term debt, net	628,587	634,016
Deferred tax liabilities	1,768	1,245
Operating lease liabilities	19,526	19,419
Other long-term liabilities	5,642	8,742
Total other liabilities	655,523	663,422
Commitments and contingencies
Partners’ capital:
General partner interest	(1,690)	(1,618)
Common units (141,995,028 units issued and outstanding at December 31, 2023 and 141,237,462 units issued and outstanding at December 31, 2022)	(22,855)	(9,250)
Accumulated other comprehensive loss	(14,314)	(14,406)
Total partners’ capital (deficit)	(38,859)	(25,274)
Total liabilities and partners’ capital	687,036	722,403
Nonrelated Party
Current assets:
Trade accounts receivable	58,648	65,085
Affiliate
Current assets:
Trade accounts receivable	$ 780	$ 948

About CSI Compressco LP

CSI Compressco LP provides contract services for natural gas compression and treating in the United States, Latin America, Canada, Egypt, and internationally. The company offers natural gas compression services through low-, medium-, and high-horsepower compressor packages for oil and natural gas production, gathering, artificial lift, transmission, processing, and storage. It also provides treating services for natural gas producers and midstream companies, including providing equipment for lease or sale, equipment installation services, and the operation of equipment for removal of contaminants from a natural gas stream, and natural gas cooling to reduce the temperature of produced gas and liquids; well monitoring and sand separation services; and operation, maintenance, overhaul, and reconfiguration services for compression equipment. In addition, the company sells engine parts, compressor package parts, and other parts manufactured by third-party suppliers. CSI Compressco GP LLC serves as the general partner of CSI Compressco LP. The company was formerly known as Compressco Partners, L.P. and changed its name to CSI Compressco LP in December 2014. CSI Compressco LP was incorporated in 2008 and is headquartered in The Woodlands, Texas.

CEO	Mr. John Earl Jackson
WEBSITE	csicompressco.com
INDUSTRY	Oil - Services
EMPLOYEES	792

CSI Compressco LP Frequently Asked Questions

What is the ticker symbol for CSI Compressco LP? What does CCLP stand for in stocks?

CCLP is the stock ticker symbol of CSI Compressco LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CSI Compressco LP (CCLP)?

As of Wed Apr 03 2024, market cap of CSI Compressco LP is 344.84 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CCLP stock?

You can check CCLP's fair value in chart for subscribers.

What is the fair value of CCLP stock?

You can check CCLP's fair value in chart for subscribers. The fair value of CSI Compressco LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CSI Compressco LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CCLP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CSI Compressco LP a good stock to buy?

The fair value guage provides a quick view whether CCLP is over valued or under valued. Whether CSI Compressco LP is cheap or expensive depends on the assumptions which impact CSI Compressco LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CCLP.

What is CSI Compressco LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 03 2024, CCLP's PE ratio (Price to Earnings) is -36.38 and Price to Sales (PS) ratio is 0.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CCLP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CSI Compressco LP's stock?

In the past 10 years, CSI Compressco LP has provided -0.151 (multiply by 100 for percentage) rate of return.