secwatch.observer — SEC 8-K summary
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Issuer:     USA Compression Partners, LP (USAC)
CIK:        0001522727
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001522727-23-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USA Compression Q2 record revenue $206.9M; net income $23.6M; confirms FY outlook
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- Record total revenues $206.9M, up from $171.5M YoY.
- Net income $23.6M vs $9.1M; Adjusted EBITDA $125.0M vs $105.4M.
- Distributable Cash Flow $67.0M with coverage 1.30x; distribution unchanged at $0.525/unit.
- Utilization 93.4% vs 87.9%; avg revenue per HP/month $18.65 vs $17.20.
- Leverage ratio declined to ~4.5x; expansion capex $71.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522727/000152272723000017/0001522727-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522727/000152272723000017/usac-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001522727-23-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer