USA COMPRESSION PARTNERS LP - USAC STOCK NEWS

Energy Transfer LP (NYSE: ET) has completed its acquisition of WTG Midstream Holdings for $2,275 million in cash and approximately 50.8 million newly issued ET common units. The acquisition expands Energy Transfer's Permian Basin pipeline and processing network, adding about 6,000 miles of gas gathering pipelines in the Midland Basin. The deal includes eight gas processing plants with a 1.3 Bcf/d capacity and two plants under construction. This transaction is expected to provide Energy Transfer with growing NGL and natural gas volumes, increasing revenue from gathering, processing, transportation, and fractionation activities. The company projects the WTG assets to contribute $0.04 of Distributable Cash Flow (DCF) per common unit in 2025, rising to $0.07 per common unit in 2027.

USA Compression Partners (NYSE: USAC) announced a cash distribution of $0.525 per common unit for Q2 2024, equivalent to $2.10 annually. The distribution will be paid on August 2, 2024, to unitholders of record as of July 22, 2024.

Additionally, the company will release its Q2 2024 earnings results on August 6, 2024, before U.S. markets open. An investor conference call will follow at 11 a.m. ET to discuss financial and operational performance. The call will be accessible via webcast on USA Compression's Investor Relations website or by phone.

Energy Transfer LP (NYSE: ET) has announced its plan to release earnings for Q2 2024 on August 7, 2024, after market close. The company will also hold an earnings call at 3:30 p.m. Central Time/4:30 p.m. Eastern Time the same day, which will be streamed live on their website and available for replay later. Energy Transfer operates a vast and diverse portfolio of energy assets across the U.S., including more than 125,000 miles of pipelines. The company’s operations span 44 states and major U.S. production basins, offering services in natural gas midstream, transportation, storage, and NGL fractionation. Additionally, Energy Transfer holds substantial general partner and equity interests in Sunoco LP and USA Compression Partners. For more details, visit www.energytransfer.com.

USA Compression Partners, LP (NYSE: USAC) has announced the availability of its 2023 Schedule K-3, which is relevant for international tax purposes. Unitholders can access this document online at taxpackagesupport.com/usac. This detailed tax information is particularly necessary for foreign unitholders, those computing a foreign tax credit, and certain corporate or partnership unitholders. To obtain an electronic copy via email, unitholders may contact Tax Package Support at 855-521-8151 during business hours, Monday through Friday, from 8:00 am to 5:00 pm Central Time. USA Compression Partners is a major provider of natural gas compression services, catering to producers, processors, gatherers, and transporters of natural gas and crude oil, focusing primarily on midstream natural gas infrastructure applications.

Energy Transfer LP (NYSE: ET) has submitted its premerger notification filing under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its acquisition of WTG Midstream Holdings. The purchase price for WTG has been adjusted to approximately $3.075 billion, excluding a 20% interest in the BANGL pipeline, which was subject to a right of first offer. The acquisition is expected to close in Q3 2024, pending regulatory approval. Energy Transfer anticipates accretion of $0.04 per common unit in 2025 and $0.07 in 2027. WTG owns the largest private gas gathering and processing business in the Permian Basin. This acquisition will enhance Energy Transfer's access to natural gas and NGL volumes, benefiting their Permian operations and downstream businesses.

Energy Transfer (NYSE: ET) has announced the availability of 2023 Schedule K-3s for both Energy Transfer LP and Crestwood Equity Partners LP. These documents, important for international tax reporting, can be accessed online in the investor relations section of the Energy Transfer website. Certain unitholders, including foreign unitholders and those computing a foreign tax credit, may need the detailed information on Schedule K-3 for their tax filings. Unitholders can also request electronic copies via email or by contacting Tax Package Support, available Monday to Friday from 8:00 am to 5:00 pm Central Time. Contact details are provided for different types of unitholders.

USA Compression Partners (NYSE: USAC) has announced its participation in the J.P. Morgan Energy, Power & Renewables Conference in New York City. The company's senior management will engage with the investment community on June 18, discussing their operations and future plans. Presentation materials will be available on the Investor Relations section of their website prior to the meetings. USA Compression is a leading provider of natural gas compression services, focusing on midstream applications in high-volume gathering systems, processing facilities, and transportation. For further details, visit usacompression.com.

Energy Transfer LP (NYSE: ET) has announced the pricing of $3.5 billion in senior notes and $400 million in junior subordinated notes, with the offerings expected to close on June 21, 2024. The senior notes are divided into three tranches: $1 billion at 5.250% due 2029, $1.25 billion at 5.600% due 2034, and $1.25 billion at 6.050% due 2054. The junior subordinated notes are priced at 7.125% due 2054. The company plans to use the net proceeds of $3.463 billion and $396 million, respectively, for funding its acquisition of WTG Midstream Holdings , refinancing existing debt, and other general purposes.

USA Compression Partners (NYSE: USAC) announced that their senior management will attend the RBC Capital Markets Global Energy, Power & Infrastructure Conference in New York on June 4.

They will engage with the investment community, and presentation materials will be available on their website. USA Compression, a leading provider of natural gas compression services, partners with various natural gas and crude oil producers, processors, and transporters.

They focus on midstream compression services for high-volume gathering systems, processing facilities, and transportation applications.