USA Compression Partners Announces First-Quarter 2024 Distribution; First-Quarter 2024 Earnings Release and Conference Call Scheduled for May 7

USA Compression Partners Announces First-Quarter 2024 Distribution; First-Quarter 2024 Earnings Release and Conference Call Scheduled for May 7

USA Compression Partners, LP (NYSE: USAC), a natural gas compression services leader, announced a significant update regarding its operations and investor engagements for the first quarter of 2024. The company has declared a cash distribution and scheduled an earnings release and conference call to discuss its financial and operational performance.

First-Quarter 2024 Distribution Details

USA Compression has announced a quarterly cash distribution of $0.525 per common unit, which annualizes to $2.10. This distribution, set for payment on May 3, 2024, will be made to unitholders of record at the close of business on April 22, 2024. This marks a continuation of the company’s commitment to return value to its shareholders, maintaining a consistent distribution level that reflects its stable operational capacity and strategic market position.

First-Quarter 2024 Earnings Release

Before the opening of U.S. financial markets on Tuesday, May 7, 2024, USA Compression will release its financial results for the first quarter. The announcement is highly anticipated, as it provides investors and analysts with a detailed look at the company’s financial health and operational achievements during the period. The earnings release will cover key financial metrics, operational updates, and strategic initiatives that have shaped the company’s trajectory in the competitive natural gas compression market.

Conference Call Information

Following the earnings release, management will conduct an investor conference call on the same day, starting at 11 a.m. Eastern Time (10 a.m. Central Time). This call is a crucial event for the investor community, offering a direct dialogue with the company’s leadership regarding the quarter’s financial outcomes, operational strategies, and future projections.

By Webcast:

Investors can access the conference call via a live webcast available on the “Events” page of USA Compression’s Investor Relations website. To ensure a smooth experience, log in at least ten minutes early to register and download any necessary software.

By Phone:

Alternatively, participants may join the call by dialing (888) 440-5655 and asking for the USA Compression Partners Earnings Call using the conference ID 8970064. As with the webcast, callers are recommended to connect at least ten minutes before the commencement of the call to avoid any delays.

Company Overview

USA Compression Partners, LP is one of the nation’s largest independent natural gas compression services providers by total compression fleet horsepower. With a broad customer base that includes producers, processors, gatherers, and natural gas and crude oil transporters, the company plays a pivotal role in the midstream natural gas sector. USA Compression primarily focuses on high-volume gathering systems, processing facilities, and transportation applications, providing essential services that facilitate the efficient delivery and processing of natural gas and crude oil.

Qualified Notice

This press release serves as qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d), stating that 100% of USA Compression’s distributions to foreign investors are attributable to income effectively connected with a United States trade or business. Therefore, all distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees who act as withholding agents are responsible for withholding distributions received on behalf of foreign investors.

Forward-Looking Statements

Certain statements in this press release may be considered forward-looking as defined under federal law. These statements are based on current expectations, estimates, and projections about the industry and markets in which USA Compression operates and management’s beliefs and assumptions.

Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the statements. These risks and uncertainties include market conditions, industry trends, unforeseen regulatory changes, and other factors affecting the company’s financial and operational performance.


Today’s announcements by USA Compression Partners underscore the company’s ongoing commitment to transparency and shareholder value. The scheduled earnings release and subsequent investor conference call will provide valuable insights into the company’s operational success and strategic direction. As USA Compression continues to navigate the complexities of the energy sector, it remains focused on maintaining its leadership position and driving sustainable growth.

Investors and interested parties are encouraged to participate in the upcoming earnings call or to access the webcast through the Investor Relations website. This event will shed light on the company’s current performance and indicate its strategic outlook for the upcoming quarters. For more detailed financial information and future updates, stakeholders are advised to visit USA Compression’s Investor Relations website regularly.