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.
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USA Compression Partners, LP announces a private placement of $1.0 billion in senior unsecured notes due 2029, expected to close on March 18, 2024. The Partnership estimates net proceeds of approximately $984.4 million for debt repayment, note redemption, and general purposes.
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Sunoco and Energy Transfer sign a first joint multi-year partnership with Stake F1 Team KICK Sauber, unveiling branding at 2024 Grand Prix races in the U.S.
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USA Compression Partners, LP (USAC) senior management to attend J.P. Morgan High Yield & Leveraged Finance Conference. Presentation materials to be posted on the company's website.
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USA Compression Partners, LP (USAC) provided an update on the availability of the partnership’s 2023 Investor Tax Packages, dependent on the passage of the Tax Relief for American Families and Workers Act of 2024. The legislation could lower USA Compression’s taxable income for 2023, with the packages expected to be delayed until early March.
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Energy Transfer LP (ET) has filed its annual report on Form 10-K for 2023, providing financial information to shareholders. The report is available on their website and can be requested for free. Energy Transfer aims for transparency and accessibility in its financial reporting.
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Energy Transfer LP (ET) reported strong financial results for Q4 2023 with net income of $1.33 billion, an increase of $172 million from the previous year. Adjusted EBITDA was $3.60 billion, up by $165 million. The company expects a 7% increase in 2024 Adjusted EBITDA, with growth capital expenditures of $2.4 to $2.6 billion.
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USA Compression Partners, LP (USAC) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the SEC. The report is available on the company's website and the SEC's website. Investors can also request a hard copy for free.
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USA Compression Partners, LP (USAC) announces record total revenues of $225.0 million and net income of $12.8 million for the fourth quarter of 2023. The company achieved high operational performance with an average horsepower utilization of 94.1% and record revenue-generating horsepower. USA Compression expects continued growth in the large-horsepower compression market in 2024.
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Energy Transfer LP (ET) announced a 3.3% increase in its quarterly cash distribution for the fourth quarter of 2023, amounting to $0.3150 per Energy Transfer common unit. The distribution will be paid on February 20, 2024, to unitholders of record as of February 7, 2024. Additionally, the company plans to release its earnings for the fourth quarter and full year of 2023 on February 14, 2024, and will conduct a conference call to discuss quarterly results and provide an outlook for 2024. Energy Transfer LP is a publicly traded limited partnership with a diversified portfolio of energy assets in the United States.
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Energy Transfer LP (ET) announced the redemption of its Series C and D preferred units at specified prices, along with the quarterly cash distributions for its Series E and I preferred units. The cash distribution for the Series E and Series I unitholders will be paid on February 15, 2024, to Series E and Series I unitholders of record as of the close of business on February 1, 2024. Energy Transfer LP is a publicly traded limited partnership with core operations in natural gas midstream, transportation and storage, crude oil, NGL, and refined product transportation and terminalling assets.
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FAQ
What is the current stock price of USA COMPRESSION PARTNERS LP (USAC)?
The current stock price of USA COMPRESSION PARTNERS LP (USAC) is $21.54 as of December 20, 2024.
What is the market cap of USA COMPRESSION PARTNERS LP (USAC)?
The market cap of USA COMPRESSION PARTNERS LP (USAC) is approximately 2.6B.
What services does USA Compression Partners LP provide?
USA Compression Partners LP provides compression services for natural gas transportation and crude oil production enhancement.
Where is USA Compression Partners LP headquartered?
The company is headquartered at 100 Congress Street, Suite 450, Austin, Texas, United States.
In which shale plays does USA Compression Partners LP operate?
The company operates in several shale plays, including Utica, Marcellus, Permian Basin, Delaware Basin, and Eagle Ford.
What are the infrastructure applications of the company's services?
The services are used for processing and transporting natural gas and enhancing crude oil production through artificial lift processes.
Does USA Compression Partners LP handle the maintenance of its compression units?
Yes, the company engineers, designs, operates, services, and repairs its compression units and maintains related support inventory and equipment.
How can I stay updated about USA Compression Partners LP's latest news?
You can stay updated by following the latest news and announcements on the company's website or reliable financial news platforms.
Is USA Compression Partners LP a publicly traded company?
Yes, USA Compression Partners LP is publicly traded under the symbol USAC.
What is the core focus of USA Compression Partners LP?
The core focus of USA Compression Partners LP is to provide compression services for natural gas and crude oil infrastructure.
Who are the customers of USA Compression Partners LP?
The company's customers include those involved in natural gas processing and transportation, as well as crude oil production enhancement.
What regions does USA Compression Partners LP serve?
The company serves various regions across the U.S., focusing on major shale plays like the Utica, Marcellus, Permian Basin, Delaware Basin, and Eagle Ford.
USA COMPRESSION PARTNERS LP
NYSE:USAC
USAC Rankings
USAC Stock Data
2.61B
70.12M
39.91%
38.86%
1.73%
Oil & Gas Equipment & Services
Natural Gas Transmission
United States of America
AUSTIN