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USA Compression Partners, LP Announces Third Quarter 2020 Distribution; Third Quarter 2020 Earnings Release and Conference Call Scheduled for November 3

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USA Compression Partners announced a cash distribution of $0.525 per common unit for Q3 2020, amounting to an annualized rate of $2.10. The payment will be made on November 6, 2020, to unitholders recorded by October 26, 2020. The company will release its Q3 earnings on November 3, 2020, before the market opens, followed by a conference call at 11 a.m. ET. The call will be accessible via phone or webcast. Detailed information is provided for participation in the call and accessing the replay.

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  • Announced a cash distribution of $0.525 per common unit, showing commitment to unitholders.
  • Scheduled earnings release and conference call for Q3 results, indicating transparency and proactive communication with investors.
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AUSTIN, Texas--()--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 2020. The distribution will be paid on November 6, 2020, to unitholders of record as of the close of business on October 26, 2020.

Third Quarter 2020 Earnings Conference Call

In addition, USA Compression will release its third quarter 2020 results prior to the opening of U.S. financial markets on Tuesday, November 3. 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 either by phone or audio webcast.

 

By Phone:

Dial 800-367-2403 inside the U.S. and Canada at least 10 minutes before the call and ask for the USA Compression Partners Earnings Call. Investors outside the U.S. and Canada should dial 334-777-6978. The conference ID for both is 2953707.

 

 

A replay of the call will be available through November 13, 2020. Callers inside the U.S. and Canada may access the replay by dialing 888-203-1112. Investors outside the U.S. and Canada should dial 719-457-0820. The conference ID for both is 2953707.

 

By Webcast:

Connect to the webcast via the “Events” page of USA Compression’s Investor Relations website at http://investors.usacompression.com. Please log in at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call.

ABOUT USA COMPRESSION PARTNERS, LP

USA Compression Partners, LP is a growth-oriented Delaware limited partnership that 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 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.

NON-U.S. WITHHOLDING INFORMATION

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of USA Compression’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, USA Compression’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

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.

Contacts

Matt Liuzzi / 512-369-1624
ir@usacompression.com

FAQ

What is the cash distribution announced by USA Compression for Q3 2020?

USA Compression announced a cash distribution of $0.525 per common unit for Q3 2020.

When will USA Compression's Q3 2020 earnings be released?

The Q3 2020 earnings will be released on November 3, 2020, before the market opens.

When is the investor conference call for USA Compression's Q3 earnings?

The investor conference call is scheduled for November 3, 2020, at 11 a.m. Eastern Time.

What is the record date for the cash distribution by USA Compression?

The record date for the cash distribution is October 26, 2020.

USA COMPRESSION PARTNERS LP

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Oil & Gas Equipment & Services
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