UPDATE: RBC Capital Downgrades USA Compression Partners LP (USAC) to Sector Perform
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USA Compression Partners, LP Announces Filing of 2020 Annual Report on Form 10-K
February 16, 2021 4:41 PM ESTAUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (USA Compression) today announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission (SEC). USA Compressions Annual Report on Form 10-K is available through its website at... More
USA Compression Partners, LP Reports Fourth Quarter 2020 Results; Provides 2021 Outlook
February 16, 2021 7:00 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 2020.
Fourth Quarter 2020 Highlights
Total revenues were $158.4 million for the fourth quarter 2020, compared to $178.2 million for the fourth quarter 2019. Net loss was $1.5 million for the fourth quarter 2020, compared to net income of $9.3 million for the fourth quarter 2019. Net cash provided by operating activities was $97.5 million for the fourth quarter 2020, compared to $91.7 million for the fourth quarter 2019. Adjusted EBITDA was $98.3 million for the... More