USA Compression Partners Announces Fourth-Quarter 2024 Distribution; Fourth-Quarter 2024 Earnings Release and Conference Call Scheduled for February 11

Rhea-AI Summary

USA Compression Partners (NYSE: USAC) has announced its fourth-quarter 2024 cash distribution of $0.525 per common unit ($2.10 annualized). The distribution will be paid on February 7, 2025, to unitholders of record as of January 27, 2025.

The company will release its Q4 2024 financial results before U.S. markets open on February 11, followed by an investor conference call at 11 a.m. Eastern Time. Investors can participate via webcast through the company's Investor Relations website or by phone for U.S. and Canadian participants.

Positive

• Maintaining steady quarterly distribution of $0.525 per unit ($2.10 annualized)

Negative

• None.

Insights

Financial Analyst

The announced quarterly distribution of $0.525 per unit represents a continuation of USAC's stable distribution policy, maintaining an annualized yield of approximately 10.1% based on current market prices. This distribution level has remained consistent, reflecting the company's commitment to providing reliable income to unitholders despite market volatility.

The compression services sector, while not typically in the spotlight, plays a important role in natural gas infrastructure. USAC's ability to maintain its distribution suggests stable cash flows from its compression services business model, which benefits from long-term contracts and essential services in the natural gas value chain.

However, this is primarily a procedural announcement combining the regular quarterly distribution declaration with the scheduling of Q4 earnings. The real insights into company performance will come during the February earnings call, where key metrics like utilization rates, pricing power and operating margins will provide more meaningful data for investment decisions.

Market Research Analyst

This announcement, while routine in nature, maintains USAC's position in the midstream energy sector's income-focused investment landscape. For context, compression services are essential in natural gas transportation and storage and USAC's consistent distribution policy suggests stable underlying business fundamentals.

The timing of the distribution, with an ex-dividend date likely to fall around January 25, aligns with typical quarterly payment schedules. While the distribution amount remains unchanged, in the current high-interest-rate environment, USAC's yield remains competitive compared to alternative income investments.

The scheduled earnings call will be more significant for investors, as it will provide insights into operational metrics and market conditions affecting the compression services sector, particularly given recent natural gas price volatility and infrastructure development trends.

DALLAS--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the fourth-quarter of 2024. The distribution will be paid on February 7, 2025 to unitholders of record as of the close of business on January 27, 2025.

Fourth-Quarter 2024 Earnings Conference Call

In addition, USA Compression will release its fourth-quarter 2024 results prior to the opening of U.S. financial markets on Tuesday, February 11. Management will conduct an investor conference call the same day starting at 11 a.m. Eastern Time (10 a.m. Central Time) to discuss financial and operating results. The call will be broadcast live over the internet. Investors may participate by audio webcast, or if located in the U.S. or Canada, by phone. A replay will be available shortly after the call via the “Events” page of USA Compression’s Investor Relations website.

By Webcast:		Connect to the webcast via the “Events” page of USA Compression’s Investor Relations website at https://investors.usacompression.com. Please log in at least 10 minutes in advance to register and download any necessary software.
By Phone:		Dial (888) 440-5655 at least 10 minutes before the call and ask for the USA Compression Partners Earnings Call or conference ID 8970064.

ABOUT USA COMPRESSION PARTNERS, LP

USA Compression Partners, LP is one of the nation’s largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at usacompression.com.

QUALIFIED NOTICE

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of USA Compression’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of USA Compression’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not USA Compression, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold.

FORWARD-LOOKING STATEMENTS

Statements in this press release may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of USA Compression, and a variety of risks that could cause results to differ materially from those expected by management of USA Compression. USA Compression undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results over time.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250116177666/en/

USA Compression Partners, LP

Investor Relations

ir@usacompression.com

Source: USA Compression Partners, LP

FAQ

What is USA Compression Partners' Q4 2024 distribution amount per unit?

USA Compression Partners announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the fourth quarter of 2024.

When will USAC pay its Q4 2024 distribution?

The distribution will be paid on February 7, 2025, to unitholders of record as of January 27, 2025.

When will USA Compression Partners release Q4 2024 earnings?

USA Compression Partners will release its fourth-quarter 2024 results before U.S. markets open on Tuesday, February 11.

How can investors participate in USAC's Q4 2024 earnings call?

Investors can participate via webcast through the company's Investor Relations website or by phone (888-440-5655) if located in the U.S. or Canada.