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Csi Compressco - CCLP STOCK NEWS

Welcome to our dedicated page for Csi Compressco news (Ticker: CCLP), a resource for investors and traders seeking the latest updates and insights on Csi Compressco stock.

CSI Compressco LP (NASDAQ: CCLP) delivers critical compression solutions for natural gas infrastructure across production, processing, and transportation operations. This news hub provides stakeholders with comprehensive updates on the company's operational developments, strategic initiatives, and market positioning within the energy sector.

Access real-time announcements covering new contract awards, equipment deployments, and maintenance service expansions. The resource consolidates earnings reports, partnership disclosures, and technology updates essential for evaluating CCLP's performance in compression services and oilfield equipment markets.

Key content includes updates on compressor fleet expansions, international project developments in Mexico and South America, and innovations in natural gas treating technology. Track operational milestones across CCLP's three core business segments: contract compression services, equipment manufacturing, and aftermarket support solutions.

Bookmark this page for streamlined access to verified CCLP announcements, including regulatory filings and management commentary. Stay informed about the company's role in enhancing energy infrastructure efficiency through compression technology advancements and service network expansions.

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CSI Compressco LP (CCLP) releases 2023 Schedule K-1 investor tax packages online, accessible via their website or tax support link, with mailing to begin shortly. Unitholders can call for more information.
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CSI Compressco LP (CCLP) announced fourth quarter and total year 2023 results, showing growth in revenues, Adjusted EBITDA, and distribution coverage ratio. Despite a net loss, the Partnership's performance improved with an increase in revenue and EBITDA year over year.
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CSI Compressco LP (CCLP) to release Q4 and full year 2023 results on March 1, 2024, without a conference call due to pending merger with Kodiak Gas Services, Inc.
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Kodiak Gas Services, Inc. and CSI Compressco LP announce approval of Merger Agreement by majority unitholders. The transaction is expected to close in the second quarter of 2024.
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Kodiak Gas Services, Inc. and CSI Compressco LP announce approval of Merger Agreement by majority unitholders. The transaction is expected to close in the second quarter of 2024.
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CSI Compressco LP (CCLP) announced a cash distribution of $0.01 per outstanding common unit for the quarter ended December 31, 2023, totaling $0.04 per outstanding common unit on an annualized basis. The distribution will be paid on February 14, 2024, to common unitholders of record as of January 31, 2024.
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Kodiak Gas Services, Inc. (NYSE: KGS) and CSI Compressco LP (NASDAQ: CCLP) have executed a definitive merger agreement under which Kodiak will acquire CSI Compressco in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt. The acquisition will create the industry's largest contract compression fleet with 4.3 million revenue-generating horsepower. The combined entity is expected to generate approximately $630 million in 2024 Adjusted EBITDA after the expected annual run-rate cost synergies of at least $20 million.
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Kodiak Gas Services, Inc. (NYSE: KGS) to acquire CSI Compressco LP (NASDAQ: CCLP) in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt. The acquisition will create the industry's largest contract compression fleet, with 4.3 million revenue-generating horsepower, and is expected to generate approximately $630 million in 2024 Adjusted EBITDA after the expected annual run-rate cost synergies of at least $20 million.
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CSI Compressco LP (CCLP) to Present at Bank of America Leveraged Finance Conference - Latest Presentation Materials Available on Company's Website
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CSI Compressco LP (NASDAQ: CCLP) announced third quarter 2023 results. Total revenues were $99.7 million, net loss was $0.9 million, and adjusted EBITDA was $33.8 million. Compression fleet utilization increased to 87.6% and distributable cash flow was $14.0 million. The distribution coverage ratio was 9.9x. Management is optimistic about the strong demand and expects continued growth in the natural gas compression market.
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Nasdaq:CCLP

CCLP Rankings

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344.84M
69.67M
93.65%
44.26%
0.06%
Oil & Gas Equipment & Services
Energy
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United States
The Woodlands