trending Market Intelligence /marketintelligence/en/news-insights/trending/wBt7qWQAQfYJQm9FKAmLLw2 content esgSubNav
In This List

USA Compression posts Q2 earnings boost with YOY revenue growth

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally

Blog

Q1’21 U.S. Power Forecast

Blog

Metals & Mining Insights May 2021

Blog

European Energy Insights - May 2021


USA Compression posts Q2 earnings boost with YOY revenue growth

USA Compression Partners LP on Aug. 6 reported a net income of $9.9 million, or 1 cent per share, compared to $3.2 million, or a loss of 6 cents per share, in the year-ago quarter.

Adjusted EBITDA totaled $104.7 million, up from $95.4 million in the same quarter a year ago.

Distributable cash flow also increased to $54.1 million, from $51.4 million in the prior-year period.

Total revenues amounted to $173.7 million, rising from $166.9 million in the year-ago quarter.

The company, which provides compression services to producers, processors, gatherers and transporters of natural gas and crude oil, updated its full-year 2019 net income guidance to a range of $19.0 million to $39.0 million. Adjusted EBITDA is expected to be between $390.0 million and $410.0 million, while DCF would be between $190.0 million and $210.0 million.