$USAC

4 stories mentioning USACUpdated 22d ago

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USA Compression Poised for Multiyear Growth as Market Stays Tight, RBC Says

USA Compression Partners (USAC) is positioned for growth and strong fleet utilization as the natural gas compression market remains tight, RBC Capital Markets said Monday in a report.The strong market should provide "multiyear growth visibility" with the company entering a "transformative period driven by unprecedented natural gas compression demand," RBC said.USA Compression estimates US natural gas production could reach 140 billion cubic feet per day by 2031, more than 30 Bcf/d above 2025 levels, with LNG exports accounting for a large share of that increase, the report said.RBC said the company's investments in telemetry and remote monitoring should help improve margins as efficiency gains emerge in 2027.Higher lube oil costs will likely pressure gross margins, RBC said. The company now expects incremental lube oil expenses of about $1 million a month in H2 due to higher crude oil prices, the report said.RBC increased its price target on USA Compression stock to $31 from $30 and maintained its sector-perform rating.Price: $26.99, Change: $-0.07, Percent Change: -0.26%

$USAC

Equities50d ago

USA Compression Partners Q2 Net Income, Revenue Increase

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.

$USAC

Commodities82d ago

Energy Transfer, Sunoco, SunocoCorp, USA Compression Partners to Redomicile to Texas

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%

$ET$SUN$USAC

Commodities141d ago

USA Compression Partners Adds Horsepower in Q1 with J-W Power Acquisition, Usage Intensity Slips

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.

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