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Mar 31, 2021
USA Compression Q1 2021 Earnings Report
USA Compression reported a stable first quarter, consistent with the previous quarter, and confirmed its 2021 outlook.
Key Takeaways
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.
Total revenues were $157.5 million for the first quarter 2021, compared to $179.0 million for the first quarter 2020.
Net income was $0.4 million for the first quarter 2021, compared to a net loss of $602.5 million for the first quarter 2020.
Adjusted EBITDA was $99.6 million for the first quarter 2021, compared to $106.2 million for the first quarter 2020.
Announced cash distribution of $0.525 per common unit for the first quarter 2021, consistent with the first quarter 2020.
USA Compression
USA Compression
USA Compression Revenue by Segment
Revenue by Segment
Contract Operations Revenue
CapyFin.comParts and Service Revenue
CapyFin.comRelated Party Revenue
CapyFin.com Forward Guidance
USA Compression confirms its full-year 2021 guidance with net income range of $0.0 million to $20.0 million, Adjusted EBITDA range of $385.0 million to $405.0 million, and Distributable Cash Flow range of $193.0 million to $213.0 million.
Positive Outlook
- Net income range of $0.0 million to $20.0 million
- Adjusted EBITDA range of $385.0 million to $405.0 million
- Distributable Cash Flow range of $193.0 million to $213.0 million