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USA Compression's Q1 Earnings Lag Estimates, Revenues Top
ZACKS· 2025-05-08 15:05
USA Compression Partners (USAC) reported first-quarter adjusted net profit of 18 cents per common unit, which missed the Zacks Consensus Estimate of 22 cents due to higher total costs and other expenses. However, the metric improved from the year-ago quarter's adjusted net profit of 16 cents per common unit on the back of increased average revenue per horsepower. (See the Zacks Earnings Calendar to stay ahead of market-making news.)The largest independent provider of natural gas compression services generat ...
Compared to Estimates, USA Compression (USAC) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-07 14:36
For the quarter ended March 2025, USA Compression Partners (USAC) reported revenue of $245.23 million, up 7% over the same period last year. EPS came in at $0.18, compared to $0.16 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $244.02 million, representing a surprise of +0.50%. The company delivered an EPS surprise of -18.18%, with the consensus EPS estimate being $0.22.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...
I Still Like USA Compression's Business Model--Just Not Its Near-Term Upside
Seeking Alpha· 2025-05-07 13:49
USA Compression Partners (NYSE: NYSE: USAC ) provides a behind-the-scenes but vital service in the energy world. When natural gas comes out of the ground, it has to travel long distances through pipelines to reach homes, businesses, and power plants. Along the way, it losesI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of th ...
USA pression Partners(USAC) - 2025 Q1 - Quarterly Report
2025-05-06 20:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Commission File No. 001-35779 Form 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . USA Compression Partners, LP (Exact name of registrant as specified in its charter) Delaware (State or other j ...
USA pression Partners(USAC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 14:02
USA Compression Partners (USAC) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Company Participants Christopher Porter - VP, General Counsel & SecretaryClint Green - President & CEOChristopher Paulsen - VP, CFO & TreasurerDoug Irwin - Vice PresidentRobert Mosca - Equity Research AssociateEli Jossen - Equity Research Vice PresidentConnor Jensen - Senior Equity Research Associate Operator Good morning. Welcome to USA Compression Partners First Quarter twenty twenty five Earnings Conference Call. During today' ...
USA pression Partners(USAC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 14:02
USA Compression Partners (USAC) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Company Participants Christopher Porter - VP, General Counsel & SecretaryClint Green - President & CEOChristopher Paulsen - VP, CFO & TreasurerDoug Irwin - Vice PresidentRobert Mosca - Equity Research AssociateEli Jossen - Equity Research Vice PresidentConnor Jensen - Senior Equity Research Associate Operator Good morning. Welcome to USA Compression Partners First Quarter twenty twenty five Earnings Conference Call. During today' ...
USA pression Partners(USAC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 13:00
USA Compression Partners (USAC) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Speaker0 Good morning. Welcome to USA Compression Partners First Quarter twenty twenty five Earnings Conference Call. During today's call, all parties will be in a listen only mode. At the conclusion of management's prepared remarks, there will be a the call will be open for Q Q This conference is being recorded today, 05/06/2025. I now would like to turn the call over to Chris Porter, Vice President, General Counsel and Secretar ...
USA pression Partners(USAC) - 2025 Q1 - Earnings Call Presentation
2025-05-06 11:18
Earnings Presentation First Quarter 2025 Forward-Looking Statements and Disclaimer Forward Looking Statements This presentation contains forward-looking statements related to the operations of the Partnership that are based on management's current expectations, estimates, and projections about its operations. You can identify many of these forward-looking statements by words such as "believe," "expect," "intend," "project," "anticipate," "estimate," "continue," "if," "outlook," "will," "could," "should," or ...
USA pression Partners(USAC) - 2025 Q1 - Quarterly Results
2025-05-06 10:55
Financial Performance - Total revenues for Q1 2025 were $245.2 million, up from $229.3 million in Q1 2024, representing a year-over-year increase of 6.5%[6] - Adjusted EBITDA for Q1 2025 was $149.5 million, compared to $139.4 million in Q1 2024, reflecting an increase of 7.9%[6] - Distributable Cash Flow for Q1 2025 was $88.7 million, slightly up from $86.6 million in Q1 2024, indicating a year-over-year growth of 1.3%[6] - Average revenue per revenue-generating horsepower per month reached a record $21.06 in Q1 2025, compared to $19.96 in Q1 2024, marking an increase of 5.5%[6] - The Partnership's average revenue-generating horsepower was 3.56 million in Q1 2025, up from 3.47 million in Q1 2024, a growth of 2.6%[6] - Total revenues for Q1 2025 were $245.234 million, a slight decrease of 0.3% from $245.892 million in Q4 2024 and an increase of 7.0% from $229.276 million in Q1 2024[39] - Net income for Q1 2025 was $20.512 million, down 19.0% from $25.437 million in Q4 2024 and down 13.0% from $23.573 million in Q1 2024[39] - Adjusted EBITDA for Q1 2025 was $149.514 million, a decrease of 3.2% from $155.524 million in Q4 2024 and an increase of 7.3% from $139.395 million in Q1 2024[49] - Distributable Cash Flow for Q1 2025 was $88.695 million, compared to $96.259 million in Q4 2024 and $86.589 million in Q1 2024[53] - The Distributable Cash Flow Coverage Ratio for Q1 2025 was 1.44x, down from 1.56x in Q4 2024 and up from 1.41x in Q1 2024[53] - Net cash provided by operating activities for Q1 2025 was $130.195 million, significantly higher than $54.651 million in Q4 2024 and $65.917 million in Q1 2024[43] Capital Expenditures - Capital expenditures for expansion were $22.2 million in Q1 2025, while maintenance capital expenditures were $10.9 million[4] - Maintenance capital expenditures increased to $10.853 million in Q1 2025 from $8.151 million in Q4 2024 and $5.757 million in Q1 2024[53] Outlook - The full-year 2025 outlook for Adjusted EBITDA is projected between $590 million and $610 million[15] - The full-year 2025 outlook for Distributable Cash Flow is projected between $350 million and $370 million[15] Debt and Assets - As of March 31, 2025, the Partnership had outstanding borrowings of $804.6 million under its $1.6 billion revolving credit facility[14] - Total assets as of March 31, 2025, were $2.713 billion, with long-term debt of $2.536 billion, resulting in a total partners' deficit of $180.711 million[41] - The company reported a total of 117.541 million common units outstanding as of March 31, 2025[41] Distributions - The Partnership announced a cash distribution of $0.525 per common unit for Q1 2025, consistent with Q1 2024[6] - The company declared distributions of $0.525 per common unit for the respective periods, consistent across Q1 2025, Q4 2024, and Q1 2024[39] Other Financial Metrics - The gross margin for Q1 2025 was $93.223 million, down from $99.259 million in Q4 2024 but up from $90.953 million in Q1 2024[46] - The company experienced a loss on disposition of assets amounting to $1.325 million in Q1 2025, compared to $3.826 million in Q4 2024 and $1.254 million in Q1 2024[49] - The company incurred an impairment of assets amounting to $3.645 million in Q1 2025, compared to $602,000 in Q4 2024[53] - Severance charges and other employee costs were $1.351 million in Q1 2025, down from $2.056 million in Q4 2024[53] - The company recorded a cash income tax expense of $85,000 for Q1 2025 related to a proposed settlement with the IRS[54] Integration Efforts - The company is currently integrating shared services with Energy Transfer, which is expected to yield anticipated benefits[36]
USA Compression: Edging Closer To Positive Free Cash Flow
Seeking Alpha· 2025-02-20 11:24
Core Viewpoint - The article emphasizes the importance of evaluating potential equities in the power and energy industries for long-term investment, particularly focusing on income-producing equities and rental real estate properties for cash flow and appreciation [1]. Group 1 - The author is a Licensed Professional Engineer with expertise in the Nuclear Power industry, utilizing this knowledge to assess investment opportunities [1]. - The investment strategy includes a focus on equities that generate income and real estate for long-term financial growth [1]. Group 2 - There is no disclosure of any stock or derivative positions in the companies mentioned, nor any plans to initiate such positions in the near future [2]. - The article reflects the author's personal opinions and is not influenced by any compensation from companies mentioned [2].