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Jun 30, 2021

USA Compression Q2 2021 Earnings Report

USA Compression Partners, LP reported financial and operating results with stability in business and improving fundamentals for compression services.

Key Takeaways

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.

Total revenues were $156.6 million for the second quarter 2021, compared to $168.7 million for the second quarter 2020.

Net income was $2.7 million for the second quarter 2021, consistent with the second quarter 2020.

Adjusted EBITDA was $100.0 million for the second quarter 2021, compared to $105.5 million for the second quarter 2020.

Distributable Cash Flow was $52.5 million for the second quarter 2021, compared to $58.7 million for the second quarter 2020.

Total Revenue
$157M
Previous year: $169M
-7.2%
EPS
-$0.1
Previous year: -$0.06
+66.7%
Distributable Cash Flow
$52.5M
Previous year: $58.7M
-10.5%
Adjusted EBITDA
$100M
Previous year: $105M
-5.2%
Cash distribution per unit
$0.525
Previous year: $0.525
+0.0%

USA Compression

USA Compression

USA Compression Revenue by Segment

Forward Guidance

USA Compression is confirming its full-year 2021 guidance as follows: 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.