USA Compression Partners LP
NYSE:USAC

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USA Compression Partners LP
NYSE:USAC
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Price: 24.17 USD -1.27% Market Closed
Market Cap: 3B USD

USA Compression Partners LP
Investor Relations

USA Compression Partners LP, deep-rooted in the energy landscape, operates as one of the top providers of compression services across the United States. Founded with the vision to support the burgeoning natural gas industry, the company's operations are pivotal for the transportation and storage segments of the midstream sector. The art and science of compression are critical for moving natural gas from production sites to refineries and distribution hubs. Imagine a vast network where natural gas needs to be pressured to keep moving through pipelines – this is where USA Compression steps in. They strategically deploy compression units to elevate gas pressure, ensuring it flows seamlessly through the matrix of pipelines that crisscross the country, akin to the veins of an economy heavily reliant on energy.

The financial heartbeat of USA Compression Partners thrives on long-term service contracts largely insulated from the fluctuating prices of natural gas itself. By securing multi-year agreements with a variety of energy companies, the firm ensures a steady cash flow and robust revenue streams. These contracts typically entail the leasing of their compression units, along with technical support and maintenance services, tailored to meet specific field requirements. As such, USA Compression not only fills a logistic gap in the energy supply chain but also adheres to a business model that prizes consistency and resilience. Their ability to generate income rests on the reliability and efficiency of their compression equipment, making them indispensable partners in the sustainable transportation of one of the world's most vital energy sources.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 5, 2025
AI Summary
Q3 2025

Record Revenue: USA Compression reported Q3 revenue of over $250 million, with strong margins and utilization.

Profitability: Net income for Q3 was $34.5 million and adjusted EBITDA exceeded $160 million.

Guidance Raised: The company increased and tightened 2025 EBITDA guidance to $610–620 million and DCF guidance to $370–380 million.

Cost Control: Majority of $5 million in shared services savings to be realized in 2025, with ongoing operational discipline cited as a key driver.

Refinancing Benefits: Two major refinancings in Q3 extended liquidity and are expected to deliver over $10 million in annualized interest savings.

Fleet Expansion: Most 2025 new unit horsepower to be deployed in Q4, with year-end active fleet targeted around 3.6 million horsepower.

Stable Utilization: Third-quarter average utilization held steady at 94%, with total fleet horsepower at 3.9 million.

Pricing Strength: Pricing per horsepower reached an all-time high, up 1% sequentially and 4% year-over-year.

Key Financials
Revenue
$250 million
Adjusted EBITDA
$160 million
Distributable Cash Flow
$104 million
Net Income
$34.5 million
Operating Income
$83.9 million
Net Cash Provided by Operating Activities
$75.9 million
Cash Interest Expense Net
$44.9 million
Leverage Ratio
3.9x
Total Fleet Horsepower
3.9 million horsepower
Average Active Horsepower
3.55 million
Average Utilization
94%
Adjusted Gross Margin
69.3%
Expansion Capital Expenditures
$37.3 million
Maintenance Capital Expenditures
$9 million
Pricing per Horsepower
$21.46
ABL Facility Size
$1.75 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Eric A. Scheller
VP & COO of USA Compression GP, LLC
No Bio Available
Mr. George Tracy Owens
Chief Accounting Officer & VP of Finance - USA Compression GP LLC
No Bio Available
Mr. Eric D. Long P.E.
Executive Officer
No Bio Available
Mr. Micah C. Green
President & CEO
No Bio Available
Mr. Christopher M. Paulsen
Chief Financial Officer
No Bio Available

Contacts

Address
TEXAS
Austin
111 Congress Avenue Suite 2400
Contacts