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USA Compression Partners LP (symbol: USAC) is a prominent player in the oil and energy sector, headquartered in Austin, Texas. The company specializes in providing essential compression services across the United States, catering to customers involved in infrastructure applications. These services are crucial for the processing and transportation of natural gas through the domestic pipeline system and for enhancing crude oil production through artificial lift processes.
With a strong focus on engineering, design, operation, servicing, and repair of compression units, USA Compression Partners LP ensures the high efficiency and reliability of its fleet. The company also maintains a comprehensive inventory of support equipment to back its services.
Key Areas of Operation:
- Utica Shale
- Marcellus Shale
- Permian Basin
- Delaware Basin
- Eagle Ford Shale
- And several other prominent shale plays throughout the U.S.
Recent achievements and ongoing projects highlight USA Compression Partners LP's commitment to excellence and innovation in the industry. The company continues to expand its service capabilities, ensuring robust support for the evolving needs of the natural gas and oil sectors. For the latest updates, performance insights, and developments, stay tuned to USA Compression Partners LP's news section.
Energy Transfer LP (NYSE: ET) has announced the filing of its annual report on Form 10-K for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC). The company makes these reports accessible on its website www.energytransfer.com, including Form 10-K annual reports, Form 10-Q quarterly reports, Form 8-K current reports, and other SEC-filed information.
Additionally, Energy Transfer offers to provide unitholders with free printed copies of the annual report on Form 10-K, which includes audited financial statements, upon written request to their Investor Relations department in Dallas.
Energy Transfer LP (NYSE: ET) has announced the pricing of $3.0 billion in senior notes, consisting of: $650 million of 5.200% notes due 2030, $1.250 billion of 5.700% notes due 2035, and $1.100 billion of 6.200% notes due 2055. The notes are priced at 99.796%, 99.872%, and 99.398% of face value, respectively.
The sale is expected to settle on March 4, 2025, generating net proceeds of approximately $2.97 billion. The company plans to use the proceeds to refinance existing debt, including repaying commercial paper and revolving credit facility borrowings. The offering is being managed by BofA Securities, Citigroup, Deutsche Bank Securities, Mizuho, and SMBC Nikko.
Energy Transfer operates one of America's largest energy asset portfolios, with over 130,000 miles of pipeline across 44 states. The company maintains significant ownership in Sunoco LP (21%) and USA Compression Partners, LP (39%).
USA Compression Partners (NYSE:USAC) has announced that its 2024 tax packages, including Schedule K-1, are now available online through taxpackagesupport.com/usac. The company has initiated the mailing process of these tax packages to unitholders.
Unitholders can access their tax information through multiple channels: online platform, phone support at 1-855-521-8151, or the company's website under the Investor Relations section's K-1 Information area.
USA Compression Partners operates as one of the nation's largest independent natural gas compression service providers, serving producers, processors, gatherers, and transporters of natural gas and crude oil. The company specializes in midstream natural gas compression services for infrastructure applications, particularly in high-volume gathering systems, processing facilities, and transportation applications.
USA Compression Partners (NYSE: USAC) has announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, with the SEC. The report is accessible through the company's website in the Investor Relations section and on the SEC's website. Hard copies are available upon request from the company's Dallas office.
USA Compression Partners is one of the nation's largest independent providers of natural gas compression services by total compression fleet horsepower. The company serves a diverse customer base including producers, processors, gatherers, and transporters of natural gas and crude oil, focusing on midstream natural gas compression services for infrastructure applications in high-volume gathering systems, processing facilities, and transportation applications.
Energy Transfer (ET) reported strong Q4 2024 financial results with net income of $1.08 billion and earnings per unit of $0.29. Adjusted EBITDA reached $3.88 billion, up 8% from the previous year. The company's operational performance showed significant growth with crude oil transportation volumes up 15%, NGL transportation up 5%, and NGL exports up 2%.
For 2025, ET projects Adjusted EBITDA between $16.1-16.5 billion, with planned growth capital expenditures of $5.0 billion and maintenance capital expenditures of $1.1 billion. The company announced a quarterly distribution of $0.3250 per unit ($1.30 annualized), representing a 3.2% increase from Q4 2023.
Notable developments include completion of the Sabina 2 pipeline conversion, optimization of the Grey Wolf processing plant, and a new LNG supply agreement with Chevron for 2.0 million tonnes annually.
USA Compression Partners (NYSE: USAC) reported strong fourth-quarter 2024 results with record total revenues of $245.9 million, up from $225.0 million in Q4 2023. Net income doubled to $25.4 million from $12.8 million year-over-year. The company achieved record net cash from operations of $130.2 million and Adjusted EBITDA of $155.5 million.
Operational highlights include record average revenue-generating horsepower of 3.56 million and record average revenue per horsepower of $20.85. The company maintained a strong 94.5% horsepower utilization rate.
For 2025, USAC provided guidance with Adjusted EBITDA of $590-610 million and expansion capital expenditures of $120-140 million. The company expects benefits from Energy Transfer shared services model implementation and anticipates reduced back-office costs throughout 2025-2026.
Energy Transfer LP (NYSE: ET) has signed a long-term agreement with CloudBurst Data Centers to supply natural gas to CloudBurst's AI-focused data center in Central Texas. Through Energy Transfer's Oasis Pipeline, the company will provide up to 450,000 MMBtu per day of firm natural gas supply, sufficient to generate 1.2 gigawatts of direct power for at least 10 years.
The agreement is subject to CloudBurst reaching a final investment decision (FID) with its customer, expected later this year. If approved, the facility would become operational in Q3 2026. This marks Energy Transfer's first commercial arrangement to supply natural gas directly to a data center, leveraging its network of over 105,000 miles of natural gas infrastructure and storage facilities with a combined capacity of nearly 236 billion cubic feet.
Energy Transfer LP (NYSE: ET) has announced a quarterly cash distribution increase to $0.3250 per common unit ($1.30 annualized) for Q4 2024, representing a 3.2% increase compared to Q4 2023. The distribution will be paid on February 19, 2025, to unitholders of record as of February 7, 2025.
The company will release its Q4 and full-year 2024 earnings on February 11, 2025, after market close, followed by a conference call at 3:30 p.m. Central Time to discuss results and provide a 2025 outlook. Energy Transfer operates one of the largest energy asset portfolios in the US, with over 130,000 miles of pipeline across 44 states, including natural gas midstream, transportation and storage assets, crude oil, NGL, and refined product infrastructure.
Energy Transfer LP (ET) has declared a quarterly cash distribution of $0.2111 per Series I Preferred Unit. The distribution will be paid on February 14, 2025 to Series I unitholders of record as of February 4, 2025.
Energy Transfer operates one of the largest energy asset portfolios in the United States, encompassing over 130,000 miles of pipeline across 44 states. The company's infrastructure includes natural gas midstream operations, interstate and intrastate transportation, storage assets, and various energy product transportation and terminalling facilities. ET also holds significant ownership stakes in Sunoco LP (21%) and USA Compression Partners, LP (39%).
USA Compression Partners (NYSE: USAC) has announced its fourth-quarter 2024 cash distribution of $0.525 per common unit ($2.10 annualized). The distribution will be paid on February 7, 2025, to unitholders of record as of January 27, 2025.
The company will release its Q4 2024 financial results before U.S. markets open on February 11, followed by an investor conference call at 11 a.m. Eastern Time. Investors can participate via webcast through the company's Investor Relations website or by phone for U.S. and Canadian participants.