3 stories mentioning USACUpdated 4d ago
Every FINWIRES story that references USAC, newest first.
USA Compression Partners (USAC) reported Q2 net income Tuesday of $0.31 per diluted unit, up from $0.22 a year earlier.Two analysts surveyed by FactSet expected $0.23.Total revenue for the quarter ended June 30 was $342.1 million, up from $250.1 million a year earlier.Analysts expected $340.5 million.Shares of the company were up 1.7% in Tuesday's premarket activity.
Energy Transfer (ET), Sunoco (SUN), SunocoCorp, and USA Compression Partners (USAC) will redomicile from Delaware to Texas, with the change taking effect on July 6, the companies announced Thursday.The four companies said the redomiciliations will become legally effective in Delaware and Texas at 12:01 a.m. Central Time on July 6, 2026. The New York Stock Exchange will recognize the changes for market purposes on July 13, 2026.The companies said the Committee on Uniform Securities Identification Procedures (CUSIP) numbers for their registered securities and their New York Stock Exchange ticker symbols will remain unchanged following the redomiciliations.The redomiciliations will preserve the economic and governance rights of unitholders under each entity's organizational documents.Price: $19.33, Change: $+0.28, Percent Change: +1.47%
USA Compression Partners (USAC) said Tuesday its Q1 average horsepower utilization stood at 91.9%, down from 94.4% for Q1 2025, when total active horsepower was a smaller 3.56 million.The company said its acquisition of J-W Power and parent J-W Energy added 800,000 active horsepower across the Northeast, Midcontinent, Rockies, Gulf Coast and the Permian Basin, taking its total to 4.4 million active horsepower.CEO Clint Green said that the acquisition was particularly timely given the fact that new engine procurement lead times have recently begun to exceed two years.USA Compression Partners is one of the largest independent natural gas compression services in the country in terms of compression fleet horsepower.The company's customer base comprises producers, processors, gatherers and transports of natural gas and crude oil.
