STOCK TITAN

USA COMPRESSION PARTNERS LP - USAC STOCK NEWS

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
none
-
Rhea-AI Summary

Energy Transfer LP (NYSE: ET) has announced a quarterly cash distribution of $0.3075 per common unit for Q1 2023, up from $0.305 in Q4 2022. This distribution amounts to $1.23 on an annualized basis and will be paid on May 22, 2023. Unitholders of record as of May 8, 2023 will be eligible. The company anticipates ongoing quarterly increases of $0.0025, targeting a 3% to 5% annual growth rate in distributions. Additionally, earnings for the first quarter will be released on May 2, 2023, followed by a conference call at 3:30 p.m. CT. Energy Transfer operates approximately 120,000 miles of pipelines across 41 states, with significant interests in Sunoco LP (NYSE: SUN) and USA Compression Partners LP (NYSE: USAC).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
none
-
Rhea-AI Summary

Energy Transfer LP (NYSE: ET) announced quarterly cash distributions for its Series C, D, and E Preferred Units. Unitholders will receive $0.4609375 for Series C, $0.4765625 for Series D, and $0.4750000 for Series E, payable on May 15, 2023, to those on record by May 1, 2023. Energy Transfer operates one of the U.S.'s largest energy asset portfolios, with 120,000 miles of pipelines across 41 states. Its operations encompass natural gas midstream, crude oil, and NGL transportation and storage. The company also holds significant interests in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC). Investors should note that distributions to foreign investors are subject to federal tax withholding.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
none
Rhea-AI Summary

Energy Transfer LP (NYSE: ET) plans to release its earnings for Q1 2023 on May 2, 2023, after market close. A conference call will follow on the same day at 3:30 PM Central Time to discuss quarterly results and offer updates. The discussion will be accessible via a live webcast on Energy Transfer’s website.

Energy Transfer possesses a vast energy asset portfolio in the U.S., featuring approximately 120,000 miles of pipeline across 41 states. Key operations include natural gas midstream, crude oil, and refined product transportation. The company holds significant stakes in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

USA Compression Partners, LP (NYSE: USAC) has announced a cash distribution of $0.525 per common unit for Q1 2023, amounting to an annualized $2.10. This distribution is scheduled for payment on May 5, 2023 to unitholders of record by April 24, 2023.

The company will also release its Q1 2023 financial results on May 2, 2023, before U.S. market opening, followed by an investor conference call at 11 a.m. Eastern Time. Investors can join via webcast or phone, with replays available on the investor relations website.

USA Compression is a leading independent provider of natural gas compression services, focusing on midstream applications for its customer base across the natural gas sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
-
Rhea-AI Summary

Energy Transfer LP (NYSE: ET) has entered a definitive agreement to acquire Lotus Midstream Operations, LLC for approximately $1.45 billion. The deal includes $900 million in cash and about 44.5 million newly issued common units. This acquisition enhances Energy Transfer's crude pipeline footprint in the Permian Basin, adding ~3,000 miles of pipeline and increasing storage capacity by ~2 million barrels. The transaction is expected to be completed in Q2 2023 and is projected to be accretive to cash flow, supporting Energy Transfer's financial momentum.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
Rhea-AI Summary

USA Compression Partners, LP (NYSE: USAC) will attend the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 7 and 8 in Miami Beach, Florida. Senior management is scheduled to engage with the investment community, with presentation materials available on usacompression.com ahead of the meetings. As one of the largest independent providers of natural gas compression services in the U.S., USA Compression focuses on midstream natural gas compression for high-volume applications. Investors can access more information through the company's Investor Relations section.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
conferences
-
Rhea-AI Summary

USA Compression Partners, LP (NYSE: USAC) has made its 2022 tax packages, including Schedule K-1, available online. Unitholders can access these packages at taxpackagesupport.com/usac. The company has also initiated mailing the tax packages to its unitholders. For further assistance, unitholders can contact Tax Package Support at 1-855-521-8151 or visit USA Compression's website for more information. USA Compression is a leading independent provider of natural gas compression services, supporting a diverse customer base across various applications related to natural gas and crude oil.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
none
-
Rhea-AI Summary

Energy Transfer LP (NYSE: ET) has filed its annual report on Form 10-K for the fiscal year ending December 31, 2022, with the SEC. The comprehensive report includes audited financial statements and can be accessed on the company’s website or requested in print by unitholders. Energy Transfer operates a large portfolio of energy assets, comprising around 120,000 miles of pipeline across 41 states. Key holdings include significant interests in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC). Forward-looking statements are included but are subject to various risks and uncertainties.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
Tags
none
Rhea-AI Summary

Energy Transfer LP (NYSE:ET) announced its financial results for Q4 and the year ended December 31, 2022, reporting a net income of $1.16 billion, up $234 million year-over-year. Adjusted EBITDA for the quarter rose to $3.44 billion from $2.81 billion. Distributable Cash Flow also increased to $1.91 billion. The growth is attributed to higher volumes across core segments and the Enable Midstream acquisition. For 2023, Energy Transfer anticipates Adjusted EBITDA between $12.9 billion and $13.3 billion, alongside capital expenditures of $1.6 billion to $1.8 billion aimed at enhancing operational efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none

FAQ

What is the current stock price of USA COMPRESSION PARTNERS LP (USAC)?

The current stock price of USA COMPRESSION PARTNERS LP (USAC) is $25.22 as of January 28, 2025.

What is the market cap of USA COMPRESSION PARTNERS LP (USAC)?

The market cap of USA COMPRESSION PARTNERS LP (USAC) is approximately 2.9B.

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

2.86B
70.06M
40.12%
38.51%
1.37%
Oil & Gas Equipment & Services
Natural Gas Transmission
Link
United States of America
AUSTIN