USA Compression Partners (USAC) Reports Q2 Revenues Above Consensus; Offers FY18 Outlook
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USA Compression Partners, LP Reports Second Quarter 2018 Results
August 7, 2018 6:00 AM EDTAUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (USA Compression or the Partnership) announced today its financial and operating results for the second quarter 2018.
Second Quarter 2018 Highlights
Total revenues were $166.9 million. Net income was $3.2 million. Net cash provided by operating activities was $75.5 million. Adjusted EBITDA was $95.4 million. Distributable Cash Flow was $51.4 million. Announced cash distribution of $0.525Â per common unit. Distributable Cash Flow Coverage was 1.09x.... More