USA COMPRESSION PARTNERS LP - USAC STOCK NEWS

USA Compression Partners, LP (NYSE: USAC) will engage in virtual meetings at the UBS Winter Infrastructure & Energy Conference on January 11. Senior management aims to meet with investment community members, and presentation materials will be available on the company’s website beforehand. As one of the largest independent natural gas compression service providers in the U.S., USA Compression serves a diverse clientele, including producers and transporters of natural gas and crude oil, focusing on high-volume applications.

USA Compression Partners, LP (NYSE: USAC) announced a significant extension of its senior secured credit facility, now maturing in December 2026. The new credit agreement, effective December 8, 2021, involves J.P. Morgan and 17 other financial institutions, totaling $1.6 billion in commitments. This strategic move provides the company with increased flexibility and lower interest margins. Currently, the drawn balance is approximately $514 million, allowing the partnership to pursue growth opportunities in its natural gas compression services sector.

Energy Transfer LP (NYSE:ET) released its 2020 Corporate Responsibility Report detailing operational results and safety initiatives across its business segments. The report emphasizes the company's commitment to pipeline safety, risk management, and emissions reduction, alongside its efforts in renewable energy. With over 114,000 miles of pipeline infrastructure across 41 states and Canada, Energy Transfer plays a vital role in transporting nearly 30% of the U.S. natural gas and oil supply.

USA Compression Partners, LP (NYSE: USAC) announced its participation in the Wells Fargo Midstream, Utility & Renewables Symposium on December 8. Senior management will engage in virtual meetings with investors, and presentation materials will be available on their website before the event. USA Compression is a leading provider of natural gas compression services, focusing on infrastructure applications in high-volume gathering systems and processing facilities. More details can be found in the Investor Relations section at usacompression.com.

USA Compression Partners (NYSE: USAC) announced its senior management will attend the RBC Capital Markets Midstream and Energy Infrastructure Conference on November 16. They will engage in meetings with the investment community, and presentation materials will be available on usacompression.com before the event. USA Compression is a leading provider of natural gas compression services, focusing on high-volume gathering systems and infrastructure applications.

Energy Transfer LP (NYSE:ET) reported a net income of $635 million for Q3 2021, a decline of $1.29 billion year-over-year. Adjusted EBITDA stood at $2.58 billion, down from $2.87 billion in Q3 2020, influenced by non-recurring gains in the previous year. Distributable Cash Flow was $1.31 billion, reflecting a decrease from $1.69 billion in the same quarter last year. Despite operational achievements, including record NGL volumes and new solar agreements, the partnership reduced debt by $800 million. A quarterly distribution of $0.1525 per unit was announced for Q3 2021.

USA Compression reported third quarter 2021 revenues of $158.6 million, down from $161.7 million year-over-year. Net income was $4.1 million, declining from $6.5 million in Q3 2020. Adjusted EBITDA reached $99.6 million, down from $103.9 million. The company maintained a cash distribution of $0.525 per common unit, consistent with the prior year. Despite lower revenues and net income, management noted improved customer activity and pricing. The partnership remains optimistic about the natural gas sector's growth amid tight supply and demand dynamics.

Energy Transfer LP (NYSE: ET) announced a quarterly cash distribution of $0.1525 per common unit for Q3 2021, consistent with Q2 distributions, effective November 19, 2021, for unitholders of record by November 5, 2021. The company will release its Q3 earnings on November 3, 2021, accompanied by a conference call at 3:30 p.m. CT. Energy Transfer operates a diversified energy asset portfolio in the U.S., including interests in Sunoco LP (NYSE: SUN) and USA Compression Partners (NYSE: USAC).

Energy Transfer LP (NYSE: ET) announced quarterly cash distributions for Series C, D, and E Preferred Units, amounting to $0.4609375, $0.4765625, and $0.4750000 respectively. Payments are scheduled for November 15, 2021, to unitholders on record as of November 1, 2021. This follows the merger on April 1, 2021, where Energy Transfer Operating, L.P. merged into ET. Energy Transfer holds a significant energy asset portfolio across the United States, including interests in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).