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4 days ago
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USA Compression Partners Reports Second-Quarter 2025 Results; Confirms 2025 Outlook; Achieves Record Revenues
DALLAS--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) ('USA Compression' or the 'Partnership') announced today its financial and operating results for second-quarter 2025. Financial Highlights Record total revenues of $250.1 million for second-quarter 2025, compared to $235.3 million for second-quarter 2024. Net income was $28.6 million for second-quarter 2025, compared to $31.2 million for second-quarter 2024. Net cash provided by operating activities was $124.2 million for second-quarter 2025, compared to $96.7 million for second-quarter 2024. Adjusted EBITDA was $149.5 million for second-quarter 2025, compared to $143.7 million for second-quarter 2024. Distributable Cash Flow was $89.9 million for second-quarter 2025, compared to $85.9 million for second-quarter 2024. Distributable Cash Flow Coverage was 1.40x for second-quarter 2025, consistent with second-quarter 2024. Announced cash distribution of $0.525 per common unit for second-quarter 2025, consistent with second-quarter 2024. Operational Highlights Record average revenue per revenue-generating horsepower per month of $21.31 for second-quarter 2025, compared to $20.29 for second-quarter 2024. Average revenue-generating horsepower of 3.55 million for second-quarter 2025, compared to 3.52 million for second-quarter 2024. Average horsepower utilization of 94.4% for second-quarter 2025, compared to 94.7% for second-quarter 2024. 'USA Compression's second-quarter financial and operational results reflected another record-setting quarter for revenues and average revenue per-horsepower of $21.31, up 5% from a year ago. We continue to see strong demand for our services across both oil and gas producing basins which drove year-over-year increases in revenues, Adjusted EBITDA, and Distributable Cash Flow,' commented Clint Green, USA Compression's President and Chief Executive Officer. Expansion capital expenditures were $18.1 million, maintenance capital expenditures were $11.7 million, and cash interest expense, net was $45.4 million for second-quarter 2025. On July 17, 2025, the Partnership announced a second-quarter cash distribution of $0.525 per common unit, which corresponds to an annualized distribution rate of $2.10 per common unit. The distribution will be paid on August 8, 2025, to common unitholders of record as of the close of business on July 28, 2025. In June 2025, the holders of the Partnership's Series A Preferred Units ('Preferred Units') elected to convert an aggregate of 100,000 Preferred Units into 4,997,126 common units. ____________________ Expand (1) Fleet horsepower is horsepower for compression units that have been delivered to the Partnership and excludes 14,985, 13,210, and 19,915 of non-marketable horsepower as of June 30, 2025, March 31, 2025, and June 30, 2024, respectively. As of June 30, 2025, we had 39,800 large horsepower on order for delivery, all of which is expected to be delivered within the next 12 months. (2) Revenue-generating horsepower is horsepower under contract for which the Partnership is billing a customer. (3) Calculated as the average of the month-end revenue-generating horsepower for each of the months in the period. (4) Horsepower utilization is calculated as (i) the sum of (a) revenue-generating horsepower; (b) horsepower in the Partnership's fleet that is under contract but is not yet generating revenue; and (c) horsepower not yet in the Partnership's fleet that is under contract but not yet generating revenue and that is expected to be delivered, divided by (ii) total available horsepower less idle horsepower that is under repair. Horsepower utilization based on revenue-generating horsepower and fleet horsepower was 91.7%, 92.2%, and 91.9% at June 30, 2025, March 31, 2025, and June 30, 2024, respectively. Average horsepower utilization based on revenue-generating horsepower and fleet horsepower was 91.9%, 91.9%, and 91.2% for the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, respectively. (5) Calculated as the average of the result of dividing the contractual monthly rate, excluding standby or other temporary rates, for all units at the end of each month in the period by the sum of the revenue-generating horsepower at the end of each month in the period. (6) Adjusted gross margin, Adjusted EBITDA, Distributable Cash Flow, and Distributable Cash Flow Coverage Ratio are all non-U.S. generally accepted accounting principles ('Non-GAAP') financial measures. For the definition of each measure, as well as reconciliations of each measure to its most directly comparable financial measures calculated and presented in accordance with GAAP, see 'Non-GAAP Financial Measures' below. (7) Adjusted gross margin percentage and Adjusted EBITDA percentage are calculated as a percentage of revenue. Expand Liquidity and Long-Term Debt As of June 30, 2025, the Partnership was in compliance with all covenants under its $1.6 billion revolving credit facility. As of June 30, 2025, the Partnership had outstanding borrowings under the revolving credit facility of $770.6 million and, after accounting for outstanding letters of credit in the amount of $0.8 million, $828.6 million of remaining unused availability, of which, due to restrictions related to compliance with the applicable financial covenants, $735.1 million was available to be drawn. As of June 30, 2025, the outstanding aggregate principal amount of the Partnership's 6.875% senior notes due 2027 and 7.125% senior notes due 2029 was $750.0 million and $1.0 billion, respectively. Full-Year 2025 Outlook USA Compression is confirming its full-year 2025 guidance as follows (in thousands): ____________________ Expand (1) The Partnership is unable to reconcile projected Adjusted EBITDA and Distributable Cash Flow to projected net income (loss) and projected net cash provided by operating activities, the most comparable financial measures calculated in accordance with GAAP because components of the required calculations cannot be reasonably estimated, such as changes to current assets and liabilities, unknown future events, and estimating certain future GAAP measures. The inability to project certain components of the calculation would significantly affect the accuracy of the reconciliations. (2) Expansion capital expenditures includes $21 million of other capital that is non-compression related. Expand Conference Call The Partnership will host a conference call today beginning at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss second-quarter 2025 performance. The call will be broadcast live over the internet. Investors may participate by audio webcast, or if located in the U.S. or Canada, by phone. A replay will be available shortly after the call via the 'Events' page of USA Compression's Investor Relations website. By Webcast: Connect to the webcast via the 'Events' page of USA Compression's Investor Relations website at Please log in at least 10 minutes in advance to register and download any necessary software. By Phone: Dial (888) 440-5655 at least 10 minutes before the call and ask for the USA Compression Partners Earnings Call or conference ID 8970064. Expand About USA Compression Partners, LP USA Compression Partners, LP is one of the nation's largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at This news release includes the Non-GAAP financial measures of Adjusted gross margin, Adjusted EBITDA, Distributable Cash Flow, and Distributable Cash Flow Coverage Ratio. Adjusted gross margin is defined as revenue less cost of operations, exclusive of depreciation and amortization expense. Management believes Adjusted gross margin is useful to investors as a supplemental measure of the Partnership's operating profitability. Management uses adjusted gross margin to assess operating performance as compared to historical results, budget and forecast amounts, expected return on capital investment, and our competitors. Adjusted gross margin primarily is impacted by the pricing trends for service operations and cost of operations, including labor rates for service technicians, volume, and per-unit costs for lubricant oils, quantity and pricing of routine preventative maintenance on compression units, and property tax rates on compression units. Adjusted gross margin should not be considered an alternative to, or more meaningful than, gross margin or any other measure presented in accordance with GAAP. Moreover, the Partnership's Adjusted gross margin, as presented, may not be comparable to similarly titled measures of other companies. Because the Partnership capitalizes assets, depreciation and amortization of equipment is a necessary element of its cost structure. To compensate for the limitations of Adjusted gross margin as a measure of the Partnership's performance, management believes it is important to consider gross margin determined under GAAP, as well as Adjusted gross margin, to evaluate the Partnership's operating profitability. Management views Adjusted EBITDA as one of its primary tools for evaluating the Partnership's results of operations, and the Partnership tracks this item on a monthly basis as an absolute amount and as a percentage of revenue compared to the prior month, year-to-date, prior year, and budget. The Partnership defines EBITDA as net income (loss) before net interest expense, depreciation and amortization expense, and income tax expense (benefit). The Partnership defines Adjusted EBITDA as EBITDA plus impairment of assets, impairment of goodwill, interest income on capital leases, unit-based compensation expense (benefit), severance charges and other employee costs, certain transaction expenses, loss (gain) on disposition of assets, loss on extinguishment of debt, loss (gain) on derivative instrument, and other. Adjusted EBITDA is used as a supplemental financial measure by management and external users of the Partnership's financial statements, such as investors and commercial banks, to assess: the financial performance of the Partnership's assets without regard to the impact of financing methods, capital structure, or the historical cost basis of the Partnership's assets; the viability of capital expenditure projects and the overall rates of return on alternative investment opportunities; the ability of the Partnership's assets to generate cash sufficient to make debt payments and pay distributions; and the Partnership's operating performance as compared to those of other companies in its industry without regard to the impact of financing methods and capital structure. Management believes Adjusted EBITDA provides useful information to investors because, when viewed in conjunction with the Partnership's GAAP results and the accompanying reconciliations, it may provide a more complete assessment of the Partnership's performance as compared to considering solely GAAP results. Management also believes that external users of the Partnership's financial statements benefit from having access to the same financial measures that management uses to evaluate the results of the Partnership's business. Adjusted EBITDA should not be considered an alternative to, or more meaningful than, net income (loss), operating income (loss), cash flows from operating activities, or any other measure presented in accordance with GAAP. Moreover, the Partnership's Adjusted EBITDA, as presented, may not be comparable to similarly titled measures of other companies. Distributable Cash Flow is defined as net income (loss) plus non-cash interest expense, non-cash income tax expense (benefit), depreciation and amortization expense, unit-based compensation expense (benefit), impairment of assets, impairment of goodwill, certain transaction expenses, severance charges and other employee costs, loss (gain) on disposition of assets, loss on extinguishment of debt, change in fair value of derivative instrument, proceeds from insurance recovery, and other, less distributions on Preferred Units and maintenance capital expenditures. Distributable Cash Flow should not be considered an alternative to, or more meaningful than, net income (loss), operating income (loss), cash flows from operating activities, or any other measure presented in accordance with GAAP. Moreover, the Partnership's Distributable Cash Flow, as presented, may not be comparable to similarly titled measures of other companies. Management believes Distributable Cash Flow is an important measure of operating performance because it allows management, investors, and others to compare the cash flows that the Partnership generates (after distributions on Preferred Units but prior to any retained cash reserves established by the Partnership's general partner and the effect of the Distribution Reinvestment Plan) to the cash distributions that the Partnership expects to pay its common unitholders. Distributable Cash Flow Coverage Ratio is defined as the period's Distributable Cash Flow divided by distributions declared to common unitholders in respect of such period. Management believes Distributable Cash Flow Coverage Ratio is an important measure of operating performance because it permits management, investors, and others to assess the Partnership's ability to pay distributions to common unitholders out of the cash flows the Partnership generates. The Partnership's Distributable Cash Flow Coverage Ratio, as presented, may not be comparable to similarly titled measures of other companies. This news release also contains a forward-looking estimate of Adjusted EBITDA and Distributable Cash Flow projected to be generated by the Partnership for its 2025 fiscal year. The Partnership is unable to reconcile projected Adjusted EBITDA and Distributable Cash Flow to projected net income (loss) and projected net cash provided by operating activities, the most comparable financial measures calculated in accordance with GAAP because components of the required calculations cannot be reasonably estimated, such as changes to current assets and liabilities, unknown future events, and estimating certain future GAAP measures. The inability to project certain components of the calculation would significantly affect the accuracy of the reconciliations. See 'Reconciliation of Non-GAAP Financial Measures' for Adjusted gross margin reconciled to gross margin, Adjusted EBITDA reconciled to net income and net cash provided by operating activities, and net income and net cash provided by operating activities reconciled to Distributable Cash Flow and Distributable Cash Flow Coverage Ratio. Forward-Looking Statements Some of the information in this news release may contain forward-looking statements. These statements can be identified by the use of forward-looking terminology including 'may,' 'believe,' 'expect,' 'intend,' 'anticipate,' 'estimate,' 'continue,' 'if,' 'project,' 'outlook,' 'will,' 'could,' 'should,' or other similar words or the negatives thereof, and include the Partnership's expectation of future performance contained herein, including as described under 'Full-Year 2025 Outlook.' These statements discuss future expectations, contain projections of results of operations or of financial condition, or state other 'forward-looking' information. You are cautioned not to place undue reliance on any forward-looking statements, which can be affected by assumptions used or by known risks or uncertainties. Consequently, no forward-looking statements can be guaranteed. When considering these forward-looking statements, you should keep in mind the risk factors noted below and other cautionary statements in this news release. The risk factors and other factors noted throughout this news release could cause actual results to differ materially from those contained in any forward-looking statement. Known material factors that could cause the Partnership's actual results to differ materially from the results contemplated by such forward-looking statements include: changes in economic conditions of the crude oil and natural gas industries, including any impact from the ongoing military conflict involving Russia and Ukraine or the conflict in the Middle East; changes in general economic conditions, including inflation, supply chain disruptions, or tariff impacts; changes in the long-term supply of and demand for crude oil and natural gas; competitive conditions in the Partnership's industry, including competition for employees in a tight labor market; our ability to realize the anticipated benefits of the shared services integration with Energy Transfer; changes in the availability and cost of capital, including changes to interest rates; renegotiation of material terms of customer contracts; actions taken by the Partnership's customers, competitors, and third-party operators; operating hazards, natural disasters, epidemics, pandemics, weather-related impacts, casualty losses, and other matters beyond the Partnership's control; the deterioration of the financial condition of the Partnership's customers, which may result in the initiation of bankruptcy proceedings with respect to certain customers; the restrictions on the Partnership's business that are imposed under the Partnership's long-term debt agreements; information technology risks, including the risk from cyberattacks, cybersecurity breaches, and other disruptions to the Partnership's information systems; the effects of existing and future laws and governmental regulations; the effects of future litigation; factors described in Part I, Item 1A ('Risk Factors') of the Partnership's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was filed with the Securities and Exchange Commission (the 'SEC') on February 11, 2025, Part II Item 1A ('Risk Factors') of the Partnership's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which was filed with the SEC on May 6, 2025, and subsequently filed reports; and other factors discussed in the Partnership's filings with the SEC. All forward-looking statements speak only as of the date of this news release and are expressly qualified in their entirety by the foregoing cautionary statements. Unless legally required, the Partnership undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Unpredictable or unknown factors not discussed herein also could have material adverse effects on forward-looking statements. USA COMPRESSION PARTNERS, LP SELECTED BALANCE SHEET DATA (In thousands, except unit amounts – Unaudited) June 30, 2025 Selected Balance Sheet data: Total assets $ 2,671,317 Long-term debt, net $ 2,503,566 Total partners' deficit $ (121,415 ) Common units outstanding 122,581,952 Expand USA COMPRESSION PARTNERS, LP RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED GROSS MARGIN TO GROSS MARGIN (In thousands — Unaudited) The following table reconciles Adjusted gross margin to gross margin, its most directly comparable GAAP financial measure, for each of the periods presented: Three Months Ended June 30, 2025 March 31, 2025 June 30, 2024 Total revenues $ 250,125 $ 245,234 $ 235,313 Cost of operations, exclusive of depreciation and amortization (86,499 ) (81,618 ) (78,162 ) Depreciation and amortization (70,841 ) (70,393 ) (65,313 ) Gross margin $ 92,785 $ 93,223 $ 91,838 Depreciation and amortization 70,841 70,393 65,313 Adjusted gross margin $ 163,626 $ 163,616 $ 157,151 Expand USA COMPRESSION PARTNERS, LP RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED EBITDA TO NET INCOME AND NET CASH PROVIDED BY OPERATING ACTIVITIES (In thousands — Unaudited) The following table reconciles Adjusted EBITDA to net income and net cash provided by operating activities, its most directly comparable GAAP financial measures, for each of the periods presented: Three Months Ended June 30, 2025 March 31, 2025 June 30, 2024 Net income $ 28,559 $ 20,512 $ 31,238 Interest expense, net 47,674 47,369 48,828 Depreciation and amortization 70,841 70,393 65,313 Income tax expense 391 1,535 463 EBITDA $ 147,465 $ 139,809 $ 145,842 Unit-based compensation expense (benefit) (1) (1,736 ) 3,384 562 Transaction expenses (2) — — 63 Severance charges and other employee costs (3) 472 1,351 44 Loss (gain) on disposition of assets 39 1,325 (18 ) Gain on derivative instrument — — (3,131 ) Impairment of assets (4) 3,242 3,645 311 Adjusted EBITDA $ 149,482 $ 149,514 $ 143,673 Interest expense, net (47,674 ) (47,369 ) (48,828 ) Non-cash interest expense 2,231 2,241 2,257 Income tax expense (391 ) (1,535 ) (463 ) Transaction expenses — — (63 ) Severance charges and other employee costs (472 ) (1,351 ) (44 ) Cash received on derivative instrument — — 2,466 Other (39 ) 85 37 Changes in operating assets and liabilities 21,107 (46,934 ) (2,294 ) Net cash provided by operating activities $ 124,244 $ 54,651 $ 96,741 Expand ____________________ Expand (1) For the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, unit-based compensation expense (benefit) included $0.5 million, $0.7 million, and $1.0 million, respectively, of cash payments related to quarterly payments of distribution equivalent rights on outstanding phantom and restricted unit awards and $1.0 million, $2.2 million, and $0, respectively, related to the cash portion of the settlement of phantom unit awards upon vesting. The remainder of unit-based compensation expense (benefit) for all periods was related to non-cash adjustments to the unit-based compensation liability and other non-cash unit-based compensation expense. The three months ended June 30, 2025 also reflected a $2.1 million reversal of unit-based compensation expense resulting from the forfeiture of certain awards by certain former senior management. (2) Represents certain expenses related to potential and completed transactions and other items. The Partnership believes it is useful to investors to exclude these expenses. (3) Severance charges and other employee costs includes (i) severance payments to former employees of the Partnership, (ii) retention payments to employees of the Partnership that have executed agreements to maintain operations during the shared services integration but do not intend to remain employed with the Partnership after their retention period, and (iii) relocation payments to employees of the Partnership for relocation resulting from the shared services integration and the relocation of the Partnership's headquarters to Dallas, Texas. These retention payments are incremental to the affected employees' base pay. For the three months ended June 30, 2025, severance charges and other employee costs included $0.2 million related to relocation payments. For the three months ended March 31, 2025, severance charges and other employee costs included $0.4 million and $0.1 million related to retention payments and relocation payments, respectively. Expand The following table reconciles Distributable Cash Flow to net income and net cash provided by operating activities, its most directly comparable GAAP financial measures, for each of the periods presented: Three Months Ended June 30, 2025 March 31, 2025 June 30, 2024 Net income $ 28,559 $ 20,512 $ 31,238 Non-cash interest expense 2,231 2,241 2,257 Depreciation and amortization 70,841 70,393 65,313 Non-cash income tax expense (benefit) (39 ) 85 37 Unit-based compensation expense (benefit) (1) (1,736 ) 3,384 562 Transaction expenses (2) — — 63 Severance charges and other employee costs (3) 472 1,351 44 Other (4) — 1,000 — Loss (gain) on disposition of assets 39 1,325 (18 ) Change in fair value of derivative instrument — — (665 ) Impairment of assets (5) 3,242 3,645 311 Distributions on Preferred Units (1,950 ) (4,388 ) (4,387 ) Maintenance capital expenditures (6) (11,733 ) (10,853 ) (8,892 ) Distributable Cash Flow $ 89,926 $ 88,695 $ 85,863 Maintenance capital expenditures 11,733 10,853 8,892 Transaction expenses — — (63 ) Severance charges and other employee costs (472 ) (1,351 ) (44 ) Distributions on Preferred Units 1,950 4,388 4,387 Other — (1,000 ) — Changes in operating assets and liabilities 21,107 (46,934 ) (2,294 ) Net cash provided by operating activities $ 124,244 $ 54,651 $ 96,741 Distributable Cash Flow $ 89,926 $ 88,695 $ 85,863 Distributions for Distributable Cash Flow Coverage Ratio (7) $ 64,409 $ 61,731 $ 61,429 Distributable Cash Flow Coverage Ratio 1.40x 1.44x 1.40x Expand ____________________ Expand (1) For the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, unit-based compensation expense (benefit) included $0.5 million, $0.7 million, and $1.0 million, respectively, of cash payments related to quarterly payments of distribution equivalent rights on outstanding phantom and restricted unit awards and $1.0 million, $2.2 million, and $0, respectively, related to the cash portion of the settlement of phantom unit awards upon vesting. The remainder of unit-based compensation expense (benefit) for all periods was related to non-cash adjustments to the unit-based compensation liability and other non-cash unit-based compensation expense. The three months ended June 30, 2025 also reflected a $2.1 million reversal of unit-based compensation expense resulting from the forfeiture of certain awards by certain former senior management. (2) Represents certain expenses related to potential and completed transactions and other items. The Partnership believes it is useful to investors to exclude these expenses. (3) Severance charges and other employee costs includes (i) severance payments to former employees of the Partnership, (ii) retention payments to employees of the Partnership that have executed agreements to maintain operations during the shared services integration but do not intend to remain employed with the Partnership after their retention period, and (iii) relocation payments to employees of the Partnership for relocation resulting from the shared services integration and the relocation of the Partnership's headquarters to Dallas, Texas. These retention payments are incremental to the affected employees' base pay. For the three months ended June 30, 2025, severance charges and other employee costs included $0.2 million related to relocation payments. For the three months ended March 31, 2025, severance charges and other employee costs included $0.4 million and $0.1 million related to retention payments and relocation payments, respectively. (4) Represents cash income tax expense accrued for the three months ended March 31, 2025, which we believe is a reasonable estimate of the potential loss from the aggregate final imputed underpayment for the federal tax years 2019 and 2020. (5) Represents non-cash charges incurred to decrease the carrying value of long-lived assets with recorded values that are not expected to be recovered through future cash flows. (6) Reflects actual maintenance capital expenditures for the periods presented. Maintenance capital expenditures are capital expenditures made to maintain the operating capacity of the Partnership's assets and extend their useful lives, replace partially or fully depreciated assets, or other capital expenditures that are incurred in maintaining the Partnership's existing business and related cash flow. Expand
Yahoo
17-07-2025
- Business
- Yahoo
USA Compression Partners Announces Second-Quarter 2025 Distribution; Second-Quarter 2025 Earnings Release and Conference Call Scheduled for August 6
DALLAS, July 17, 2025--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) ("USA Compression") today announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the second quarter of 2025. The distribution will be paid on August 8, 2025 to unitholders of record as of the close of business on July 28, 2025. Second-Quarter 2025 Earnings Conference Call In addition, USA Compression will release its second-quarter 2025 results prior to the opening of U.S. financial markets on Wednesday, August 6. Management will conduct an investor conference call the same day starting at 11 a.m. Eastern Time (10 a.m. Central Time) to discuss financial and operating results. The call will be broadcast live over the internet. Investors may participate by audio webcast, or if located in the U.S. or Canada, by phone. A replay will be available shortly after the call via the "Events" page of USA Compression's Investor Relations website. By Webcast: Connect to the webcast via the "Events" page of USA Compression's Investor Relations website at Please log in at least 10 minutes in advance to register and download any necessary software. By Phone: Dial (888) 440-5655 at least 10 minutes before the call and ask for the USA Compression Partners Earnings Call or conference ID 8970064. ABOUT USA COMPRESSION PARTNERS, LP USA Compression Partners, LP is one of the nation's largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at QUALIFIED NOTICE This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of USA Compression's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of USA Compression's distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not USA Compression, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. FORWARD-LOOKING STATEMENTS Statements in this press release may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of USA Compression, and a variety of risks that could cause results to differ materially from those expected by management of USA Compression. USA Compression undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results over time. View source version on Contacts USA Compression Partners, LP Investor Relationsir@
Business Wire
17-07-2025
- Business
- Business Wire
USA Compression Partners Announces Second-Quarter 2025 Distribution; Second-Quarter 2025 Earnings Release and Conference Call Scheduled for August 6
DALLAS--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) ('USA Compression') today announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the second quarter of 2025. The distribution will be paid on August 8, 2025 to unitholders of record as of the close of business on July 28, 2025. Second-Quarter 2025 Earnings Conference Call In addition, USA Compression will release its second-quarter 2025 results prior to the opening of U.S. financial markets on Wednesday, August 6. Management will conduct an investor conference call the same day starting at 11 a.m. Eastern Time (10 a.m. Central Time) to discuss financial and operating results. The call will be broadcast live over the internet. Investors may participate by audio webcast, or if located in the U.S. or Canada, by phone. A replay will be available shortly after the call via the 'Events' page of USA Compression's Investor Relations website. Connect to the webcast via the 'Events' page of USA Compression's Investor Relations website at Please log in at least 10 minutes in advance to register and download any necessary software. By Phone: Dial (888) 440-5655 at least 10 minutes before the call and ask for the USA Compression Partners Earnings Call or conference ID 8970064. Expand ABOUT USA COMPRESSION PARTNERS, LP USA Compression Partners, LP is one of the nation's largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at QUALIFIED NOTICE This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of USA Compression's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of USA Compression's distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not USA Compression, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. FORWARD-LOOKING STATEMENTS Statements in this press release may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of USA Compression, and a variety of risks that could cause results to differ materially from those expected by management of USA Compression. USA Compression undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results over time.
Business Wire
13-05-2025
- Business
- Business Wire
USA Compression Partners Announces 2024 K-3 Tax Package Availability
DALLAS--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) ('USA Compression') today announced that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedule K-3 at A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at 855-521-8151. Tax Package Support is available Monday through Friday from 8:00 am to 5:00 pm Central Time. USA Compression Partners, LP is one of the nation's largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at
Yahoo
13-05-2025
- Business
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USA Compression Partners Announces 2024 K-3 Tax Package Availability
DALLAS, May 13, 2025--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) ("USA Compression") today announced that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedule K-3 at A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at 855-521-8151. Tax Package Support is available Monday through Friday from 8:00 am to 5:00 pm Central Time. About USA Compression Partners, LP USA Compression Partners, LP is one of the nation's largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at View source version on Contacts USA Compression Partners, LP tax@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
