USA Compression Q2 2022 Earnings Report
Key Takeaways
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.
Total revenues increased to $171.5 million, compared to $156.6 million in Q2 2021.
Net income rose to $9.1 million, compared to $2.7 million in Q2 2021.
Adjusted EBITDA increased to $105.4 million, compared to $100.0 million in Q2 2021.
Distributable Cash Flow was $55.6 million, compared to $52.5 million in Q2 2021.
USA Compression
USA Compression
USA Compression Revenue by Segment
Forward Guidance
USA Compression confirmed its full-year 2022 guidance with Adjusted EBITDA range of $406.0 million to $426.0 million and Distributable Cash Flow range of $213.0 million to $233.0 million.