•
Jun 30, 2024
USA Compression Q2 2024 Earnings Report
Achieved record revenue-generating horsepower and financial results.
Key Takeaways
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.
Record total revenues of $235.3 million for second-quarter 2024.
Net income was $31.2 million for second-quarter 2024.
Adjusted EBITDA was $143.7 million for second-quarter 2024.
Record average revenue-generating horsepower of 3.52 million for second-quarter 2024.
USA Compression
USA Compression
USA Compression Revenue by Segment
Forward Guidance
USA Compression is updating its full-year 2024 guidance with a net income range of $105.0 million to $125.0 million, an Adjusted EBITDA range of $565.0 million to $585.0 million, and a Distributable Cash Flow range of $345.0 million to $365.0 million.