USA Compression Partners Announces Third-Quarter 2024 Distribution; Third-Quarter 2024 Earnings Release and Conference Call Scheduled for November 5

Rhea-AI Summary

USA Compression Partners (NYSE: USAC) has announced its third-quarter 2024 distribution and earnings release schedule. The company will distribute $0.525 per common unit ($2.10 annualized) on November 1, 2024, to unitholders of record as of October 21, 2024. USAC will release its Q3 2024 results on November 5, before U.S. markets open, followed by an investor conference call at 11 a.m. Eastern Time (10 a.m. Central Time).

Investors can participate in the earnings call via audio webcast or by phone for those in the U.S. or Canada. The webcast will be accessible through the 'Events' page of USAC's Investor Relations website. Phone participants should dial (888) 440-5655 and use the conference ID 8970064. A replay of the call will be available on the company's website shortly after the event.

Positive

• Consistent quarterly distribution of $0.525 per common unit
• Annualized distribution of $2.10 per common unit

Negative

• None.

AUSTIN, Texas--(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 third quarter of 2024. The distribution will be paid on November 1, 2024 to unitholders of record as of the close of business on October 21, 2024.

Third-Quarter 2024 Earnings Conference Call

In addition, USA Compression will release its third-quarter 2024 results prior to the opening of U.S. financial markets on Tuesday, November 5. 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/20241010776651/en/

USA Compression Partners, LP

Investor Relations

ir@usacompression.com

Source: USA Compression Partners, LP

FAQ

What is USA Compression Partners' Q3 2024 distribution amount?

USA Compression Partners announced a cash distribution of $0.525 per common unit for the third quarter of 2024, which equates to $2.10 on an annualized basis.

When will USAC (NYSE: USAC) release its Q3 2024 earnings?

USA Compression Partners will release its third-quarter 2024 results on Tuesday, November 5, 2024, prior to the opening of U.S. financial markets.

How can investors participate in USAC's Q3 2024 earnings call?

Investors can participate in USA Compression Partners' Q3 2024 earnings call via audio webcast through the company's Investor Relations website or by phone if located in the U.S. or Canada by dialing (888) 440-5655.

What is the record date for USAC's Q3 2024 distribution?

The record date for USA Compression Partners' third-quarter 2024 distribution is the close of business on October 21, 2024.