Welcome to our dedicated page for USA COMPRESSION PARTNERS LP news (Ticker: USAC), a resource for investors and traders seeking the latest updates and insights on USA COMPRESSION PARTNERS LP stock.
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.
USA Compression Partners, LP (NYSE: USAC) announced a cash distribution of $0.525 per common unit ($2.10 annualized) for Q1 2021, payable on May 7, 2021, to unitholders of record as of April 26, 2021. Additionally, the company will release its Q1 earnings on May 4, 2021, prior to market opening, followed by a conference call at 11 a.m. ET. This call will discuss financial results and will be accessible via phone and webcast. More information about the company's services can be found on their official website.
USA Compression Partners, LP (NYSE: USAC) will engage in multiple investor conferences next week. Senior management will participate in the Credit Suisse 26th Annual Energy Summit starting March 1 and the J.P. Morgan 2021 Global High Yield & Leveraged Finance Conference on March 2 and 3. Presentation materials for both events will be made available on USA Compression’s website prior to each conference. The company is a leading independent provider of natural gas compression services, catering to a diverse client base.
USA Compression Partners, LP (NYSE: USAC) announced the availability of its 2020 tax packages, including Schedule K-1, accessible online at taxpackagesupport.com/usac. The company has also commenced mailing these packages to unitholders. For further assistance, unitholders can contact Tax Package Support at 1-855-521-8151 or visit the Investor Relations section on USA Compression’s website.
USA Compression Partners, LP (NYSE: USAC) has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2020, with the SEC. The report, which includes USA Compression's financial statements, is accessible on the company's website in the Investor Relations section and the SEC's website. Interested investors can request a free hard copy by contacting Investor Relations. The company is recognized as one of the largest independent natural gas compression service providers in the U.S., catering to various sectors including producers and transporters.
USA Compression Partners, LP (NYSE: USAC) reported a net loss of $1.5 million for Q4 2020, compared to a net income of $9.3 million in Q4 2019. Total revenues decreased to $158.4 million from $178.2 million year-over-year. Adjusted EBITDA was $98.3 million, down from $109.2 million in the previous year. However, net cash provided by operating activities improved to $97.5 million. The quarterly cash distribution remained steady at $0.525 per common unit. The company anticipates a net income range of $0.0 million to $20.0 million for 2021.
USA Compression Partners announced a cash distribution of $0.525 per common unit for Q4 2020, equating to $2.10 annually. Payments are scheduled for February 5, 2021, to unitholders on record as of January 25, 2021. The company will release its Q4 2020 results on February 16, 2021, followed by an investor conference call at 11 a.m. ET. This call will be accessible via phone and web. USA Compression is a leading provider of natural gas compression services, focusing on high-volume applications.
USA Compression Partners, LP (NYSE: USAC) will participate in the 2021 UBS Winter Infrastructure & Energy Virtual Conference on January 12. Senior management will engage in a series of virtual meetings with the investment community. Presentation materials will be available on the company’s website before the meetings. USA Compression is a leading independent provider of natural gas compression services, focusing on high-volume gathering systems and processing facilities.
USA Compression Partners, LP (NYSE: USAC) announced participation in the 2020 Wells Fargo Virtual Midstream and Utility Symposium on December 9. Senior management will hold a series of virtual meetings with investors, and presentation materials will be available on the company's website before the meetings. USA Compression is known for being one of the largest independent providers of natural gas compression services in the U.S., focusing on infrastructure applications in high-volume gathering systems, processing facilities, and transportation.
USA Compression Partners, LP (NYSE: USAC) announced its participation in the 2020 RBC Capital Markets Midstream and Energy Infrastructure Virtual Conference. Management will engage in virtual meetings with investors on November 18 and 19, with presentation materials to be available on the company's website before the meetings. USA Compression is recognized as one of the largest independent providers of natural gas compression services, offering solutions for high-volume gathering systems and processing facilities. For more details, visit usacompression.com.
USA Compression Partners, LP (NYSE: USAC) reported financial results for Q3 2020, showing total revenues of $161.7 million, down from $175.8 million in Q3 2019. Net income also declined to $6.5 million from $13.3 million year-over-year. Adjusted EBITDA remained relatively stable at $103.9 million. The Partnership announced a cash distribution of $0.525 per common unit, steady with the prior year. Despite decreased revenues, the company expects improved business activity and pricing due to a resilient natural gas market as it enters 2021, maintaining compliance with its debt covenants.
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