RBC Capital Downgrades USA Compression Partners LP (USAC) to Sector Perform
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USA Compression Partners, LP Reports Fourth Quarter and Full-Year 2016 Results; Provides 2017 Outlook
February 13, 2017 6:00 AM ESTAUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (USA Compression or the Partnership) announced today its financial and operating results for the fourth quarter and full-year 2016.
Fourth Quarter and Full-Year 2016 Summary Results
Revenues increased in fourth quarter 2016 and decreased in full-year 2016; fourth quarter up 9.2% from fourth quarter 2015 and full-year 2016 down 1.7% over full-year 2015 Net income increased; fourth quarter 2016 up 102.0% from fourth quarter 2015 and full-year 2016 up 108.4% over full-year 2015 Net cash provided by operating activities decreased; fourth quarter 2016 down 73.7% from fourth quarter 2015 and full-year 2016 down... More