Zacks Investment Research downgraded shares of COMPRESSCO PTNR (GSJK) from OUTPERFORM to NEUTRAL on October 15, 2012, with a target price of $18.70.
Compressco Partners, L.P. is engaged in providing wellhead compression-based production enhancement services to natural gas and oil exploration and production companies in the United States, Canada, and Mexico. Its production enhancement services consist of wellhead compression, related liquids separation, gas metering and vapor recovery services. The Company utilizes its natural gas powered GasJack compressors along with electric VJack tm compressors to provide wellhead compression services. It uses its ePumper system, a SCADA satellite telemetry-based reporting system, to monitor whether its wellhead compression services are being provided at each well site. Its monitoring services involve testing and evaluation of wells to determine the expected production uplift. Compressco Partners, L.P. is headquartered in Oklahoma City, Oklahoma.
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