secwatch.observer — SEC 8-K summary
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Issuer:     USA Compression Partners, LP (USAC)
CIK:        0001522727
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001522727-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USAC reports record Q2 revenue $235.3M, raises full-year 2024 guidance
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- Q2 total revenue $235.3M (up 13.7% YoY); net income $31.2M vs $23.6M.
- Adjusted EBITDA $143.7M; DCF $85.9M; coverage ratio 1.40x.
- Avg revenue-generating horsepower 3.52M (record); utilization 94.7%.
- 2024 outlook raised: net income $105-125M, Adj. EBITDA $565-585M, DCF $345-365M.
- Q2 distribution $0.525/unit unchanged; expansion capex plan raised to $195-205M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000030/0001522727-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000030/usac-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001522727-24-000030

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