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Dec 31, 2020

USA Compression Q4 2020 Earnings Report

USA Compression demonstrated operational stability with modest declines in utilization and revenue.

Key Takeaways

USA Compression Partners, LP reported a total revenue of $158.4 million and a net loss of $1.5 million for Q4 2020. The company's Adjusted EBITDA was $98.3 million and Distributable Cash Flow was $50.5 million. They announced a cash distribution of $0.525 per common unit.

Total revenues were $158.4 million for the fourth quarter 2020, compared to $178.2 million for the fourth quarter 2019.

Net loss was $1.5 million for the fourth quarter 2020, compared to net income of $9.3 million for the fourth quarter 2019.

Adjusted EBITDA was $98.3 million for the fourth quarter 2020, compared to $109.2 million for the fourth quarter 2019.

Announced cash distribution of $0.525 per common unit for the fourth quarter 2020, consistent with the fourth quarter 2019.

Total Revenue
$158M
Previous year: $178M
-11.1%
EPS
-$0.14
Previous year: -$0.03
+366.7%
Distributable Cash Flow
$50.5M
Previous year: $58M
-13.0%
Adjusted EBITDA
$98.3M
Previous year: $109M
-10.0%
Cash distribution per unit
$0.525
Previous year: $0.525
+0.0%
Gross Profit
$48.5M
Total Assets
$2.95B

USA Compression

USA Compression

USA Compression Revenue by Segment

Forward Guidance

USA Compression provided its full-year 2021 guidance with Adjusted EBITDA range of $385.0 million to $405.0 million and Distributable Cash Flow range of $193.0 million to $213.0 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income