Stock of the Day

USA Compression Partners (USAC)

$27.94

-$0.64 (-2.2%)

Market Cap: $3.36B

About USA Compression Partners

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.

It also provides compression services in various shale plays, including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara, and Fayetteville shales. As of December 31, 2017, the company had approximately 1,799,781 horsepower in its fleet. It serves oil companies; and independent producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression GP, LLC operates as the general partner of USA Compression Partners, LP. The company was formerly known as Compression Holdings, LP, and changed its name to USA Compression Partners, LP in June 2011. USA Compression Partners, LP was founded in 1998 and is headquartered in Austin, Texas.

Recent News

• S&P Global revises USA Compression Partners outlook to stable (investing.com)
• USA Compression: Edging Closer To Positive Free Cash Flow (seekingalpha.com)
• USA Compression Partners Announces 2024 K-1 Tax Package Availability (gurufocus.com)
• USA Compression Partners Announces 2024 K-1 Tax Package Availability (businesswire.com)