secwatch.observer — SEC 8-K summary
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Issuer:     USA Compression Partners, LP (USAC)
CIK:        0001522727
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001522727-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USA Compression Q4 record revenue $225.0M; net income $12.8M, distributable cash flow $79.9M
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- Total revenues $225.0M (+18.4% YoY); net income $12.8M ($8.4M Q4 2022), includes $10.5M derivative loss.
- Adjusted EBITDA $138.6M vs $113.0M; Distributable Cash Flow $79.9M vs $60.6M; coverage 1.48x vs 1.18x.
- Average horsepower utilization 94.1% (91.3% Q4 2022); record avg revenue per HP/month $19.52 ($17.81).
- Q4 distribution $0.525/unit unchanged; 40,000 Series A Preferred Units converted into 1,998,850 common units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000006/0001522727-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000006/usac-20240213.htm
  HTML page:      https://secwatch.observer/filing/0001522727-24-000006

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