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Jun 30, 2020
USA Compression Q2 2020 Earnings Report
Reported a solid second quarter, driven by the stability of a large horsepower business model, a strong customer base and the benefits of certain cost saving and capital spending decisions taken at the end of the first quarter.
Key Takeaways
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.
Total revenues were $168.7 million for the second quarter 2020, compared to $173.7 million for the second quarter 2019.
Net income was $2.7 million for the second quarter 2020, compared to $9.9 million for the second quarter 2019.
Adjusted EBITDA was $105.5 million for the second quarter 2020, compared to $104.7 million for the second quarter 2019.
Distributable Cash Flow was $58.7 million for the second quarter 2020, compared to $54.1 million for the second quarter 2019.
Revenue by Segment
Forward Guidance
USA Compression is updating its full-year 2020 guidance as follows: Net loss range of $600.0 million to $580.0 million; Adjusted EBITDA range of $395.0 million to $415.0 million; and Distributable Cash Flow range of $195.0 million to $215.0 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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