USA Compression Earnings Reports

USA Compression Partners reported record Q4 2024 revenues of $245.9 million, driven by improved operational efficiencies and strong demand for compression services. Net income more than doubled compared to Q4 2023, reaching $25.4 million. Adjusted EBITDA also reached a record $155.5 million. The company maintained a high horsepower utilization rate of 94.5% and paid a cash distribution of $0.525 per common unit.

USA Compression Partners reported record total revenues of $240.0 million and Adjusted EBITDA of $145.7 million for third-quarter 2024. The company also confirmed its full-year 2024 guidance.

USA Compression Partners reported strong second-quarter results with record revenues and Adjusted EBITDA, driven by high demand for compression services and a focus on key oil-producing basins.

USA Compression Partners reported a strong start to 2024 with record-setting revenues and Adjusted EBITDA. The company's average horsepower utilization reached a record high, and demand for compression services remained strong.

USA Compression Partners reported record total revenues of $225.0 million for fourth-quarter 2023, compared to $190.1 million for fourth-quarter 2022. Net income was $12.8 million for fourth-quarter 2023, compared to $8.4 million for fourth-quarter 2022. Adjusted EBITDA of $138.6 million for fourth-quarter 2023, compared to $113.0 million for fourth-quarter 2022.

USA Compression Partners reported record total revenues of $217.1 million for third-quarter 2023, compared to $179.6 million for third-quarter 2022. Net income was $20.9 million for third-quarter 2023, compared to $9.6 million for third-quarter 2022. Adjusted EBITDA was $130.2 million for third-quarter 2023, compared to $109.2 million for third-quarter 2022.

USA Compression Partners announced strong second-quarter results, achieving record revenues of $206.9 million and an adjusted EBITDA of $125.0 million. The company confirmed its full-year 2023 outlook and continued to reduce its leverage.

USA Compression Partners reported a strong first quarter with record revenues of $197.1 million, a net income of $10.9 million, and an Adjusted EBITDA of $118.2 million. The company's performance was driven by increased market demand and fleet utilization approaching 93%.

USA Compression Partners, LP reported record total revenues of $190.1 million for Q4 2022, compared to $159.9 million for Q4 2021. Net income was $8.4 million, compared to $3.1 million for the same period. Adjusted EBITDA was $113.0 million, compared to $99.2 million for Q4 2021. Distributable Cash Flow was $60.6 million, compared to $52.0 million for the same period.

USA Compression Partners reported increased revenues, net income, and Adjusted EBITDA for the third quarter of 2022, driven by strengthening energy markets and growing demand for compression services. Fleet utilization surpassed 90 percent, and the company announced the purchase of additional large horsepower compression units to meet customer demand.

USA Compression Partners reported a strong second quarter in 2022, marked by increased revenues, net income, and Adjusted EBITDA compared to the same period last year. The company benefited from a considerably-improved business environment and confirmed its full-year 2022 outlook.

USA Compression Partners reported an increase in total revenues to $163.4 million for Q1 2022, compared to $157.5 million for Q1 2021. Net income also increased to $3.3 million, compared to $0.4 million in the previous year. The company's average active horsepower increased, leading to a rise in horsepower utilization and pricing.

USA Compression Partners reported a total revenue of $159.9 million and a net income of $3.1 million for Q4 2021. The company saw increased demand from its customers and increased revenue generating horsepower by approximately 45,000. They also provided a 2022 outlook, expecting increased activity from customers.

USA Compression Partners reported third-quarter revenue of $158.6 million and net income of $4.1 million. The company saw increased customer activity and pricing improvements, supported by strong commodity prices.

USA Compression Partners, LP reported second quarter 2021 results with total revenues of $156.6 million, net income of $2.7 million, Adjusted EBITDA of $100.0 million, and Distributable Cash Flow of $52.5 million. The company confirmed its full-year 2021 guidance.

USA Compression Partners, LP announced its financial results for Q1 2021, reporting total revenues of $157.5 million and a net income of $0.4 million. The company confirmed its full-year 2021 guidance, expecting an adjusted EBITDA range of $385.0 million to $405.0 million and a distributable cash flow range of $193.0 million to $213.0 million.

USA Compression Partners, LP reported a total revenue of $158.4 million and a net loss of $1.5 million for Q4 2020. The company's Adjusted EBITDA was $98.3 million and Distributable Cash Flow was $50.5 million. They announced a cash distribution of $0.525 per common unit.

USA Compression Partners, LP reported Q3 2020 results with total revenues of $161.7 million, net income of $6.5 million, and adjusted EBITDA of $103.9 million. The company announced a cash distribution of $0.525 per common unit. They are updating their full-year 2020 Adjusted EBITDA guidance to a range of $405.0 million to $415.0 million.

USA Compression Partners reported total revenues of $168.7 million, net income of $2.7 million, Adjusted EBITDA of $105.5 million, and Distributable Cash Flow of $58.7 million for the second quarter 2020.

USA Compression Partners reported a total revenue of $179.0 million for Q1 2020, compared to $170.7 million for Q1 2019. The net loss was $602.5 million, which included a $619.4 million charge due to non-cash impairment of goodwill. Adjusted EBITDA was $106.2 million, and distributable cash flow was $54.7 million.

USA Compression Partners, LP reported total revenues of $178.2 million and a net income of $9.3 million for Q4 2019. The company maintained strong utilization across the fleet while increasing pricing and continuing to achieve very attractive operating margins. They are taking a cautious approach with respect to spending, including the avoidance of issuing additional equity.