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Sep 30, 2021
USA Compression Q3 2021 Earnings Report
USA Compression reported stable financial and operational results, with increased horsepower utilization and pricing improvements.
Key Takeaways
USA Compression Partners reported third-quarter revenue of $158.6 million and net income of $4.1 million. The company saw increased customer activity and pricing improvements, supported by strong commodity prices.
Total revenues were $158.6 million for the third quarter 2021, compared to $161.7 million for the third quarter 2020.
Net income was $4.1 million for the third quarter 2021, compared to $6.5 million for the third quarter 2020.
Adjusted EBITDA was $99.6 million for the third quarter 2021, compared to $103.9 million for the third quarter 2020.
Announced cash distribution of $0.525 per common unit for the third quarter 2021, consistent with the third 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 is updating its full-year 2021 guidance as follows: Net income range of $5.0 million to $15.0 million; Adjusted EBITDA range of $390.0 million to $400.0 million; and Distributable Cash Flow range of $200.0 million to $210.0 million.