财务数据和关键指标变化 - 公司实现了创纪录的季度收入、调整后毛利率、调整后EBITDA和可分配现金流 [12] - 公司的利用率在期末和平均基础上都创下历史新高 [12] 各条业务线数据和关键指标变化 - 公司部署了约63,000马力的新增大马力机组 [33] - 公司的收入增长主要由于利用率提高和定价改善,平均定价创历史新高达19.96美元 [35] - 公司的毛利率保持在67%左右,与IPO以来的历史平均水平一致 [36] 各个市场数据和关键指标变化 - 无具体披露 公司战略和发展方向及行业竞争 - 公司将专注于内部优化运营效率,将闲置机组转为活跃状态,追求定价改善和资本支出的最佳回报 [29] - 公司认为天然气行业的基本面在过去20年中最好,未来几年天然气需求将大幅增加,支撑压缩机行业的长期发展 [53][54][55] - 但公司目前保持谨慎,因为存在一些政治和经济不确定性 [27][57][58] 管理层对经营环境和未来前景的评论 - 管理层对天然气行业的长期前景持乐观态度,但对短期内的政治和经济环境保持谨慎 [27][53][54][55][57][58] - 管理层认为公司目前的策略是应对不确定性的最佳方式,包括优化内部运营、提升定价和资本支出回报 [29][30] 其他重要信息 - 公司在3月份发行了10亿美元7.13%的2029年到期的优先票据,并赎回了7.25亿美元6.88%的2026年到期的优先票据 [13][23][24][25] - 公司的优先股持有人在4月份将2.8亿美元的优先股转换为1,399万股普通股 [15][20][21] - 公司将继续关注优化资本结构,包括2027年优先票据的再融资和信用额度的续期 [26] - 公司连续45个季度派发分配,本季度分配保持不变为每单位0.525美元 [42] 问答环节重要的提问和回答 问题1 **Jim Rollyson 提问** 询问公司对未来几年天然气行业前景的看法,以及与客户的沟通情况 [51][52] **Eric Long 回答** - 公司对天然气行业的长期前景持乐观态度,认为未来几年天然气需求将大幅增加 [53][54][55] - 但公司目前保持谨慎,主要由于政治和经济环境的不确定性 [57][58] - 公司已经与客户就2025年的活动进行沟通,但一些重大并购整合还在等待监管批准,给行业带来不确定性 [59][60] 问题2 **Brian DiRubbio 提问** 询问公司今年的资本支出计划 [69][70] **Eric Scheller 回答** - 公司预计2024年的扩张资本支出将在115-125百万美元之间,维护资本支出在25-35百万美元之间 [73] - 将现有闲置机组改造投放市场的支出计入扩张资本支出 [75] 问题3 **Brian DiRubbio 提问** 询问公司未来分配政策的考虑因素 [81] **Eric Long 回答** - 公司将在完成2027年优先票据再融资和信用额度续期后,结合当时的利率环境、监管环境和地缘政治形势等因素,再与董事会讨论未来的分配政策 [83][84][85]

USA Compression Partners, LP Earnings Presentation First-Quarter 2024 Forward-Looking Statements and Ownership Structure This presentation contains forward-looking statements related to the operations of the Partnership that USAC Ownership Structure1 are based on management’s current expectations, estimates, and projections about its operations. You can identify many of these forward-looking statements by words such as “believe,” “expect,” “intend,” “project,” “anticipate,” “estimate,” “continue,” “if,” “ou ...

Exhibit 99.1 News Release USA Compression Partners, LP 111 Congress Avenue, Suite 2400 Austin, Texas 78701 usacompression.com USA Compression Partners Reports First-Quarter 2024 Results; Updates 2024 Outlook; Achieves Record Utilization and Financial Results AUSTIN, Texas, May 7, 2024 — USA Compression Partners, LP (NYSE: USAC) (“USA Compression” or the “Partnership”) announced today its financial and operating results for first-quarter 2024. Financial Highlights • Record total revenues of $229.3 million fo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35779 USA Compression Partners, LP (Exact name of registrant as Specified in its charter) Delaware 75-2771546 (State or other ...

USA Compression Partners, LP (NYSE:USAC) Q4 2023 Earnings Conference Call February 13, 2024 11:00 AM ET Company Participants Chris Porter - VP-General Counsel and Secretary Eric Long - President and CEO Eric Scheller - COO Conference Call Participants Robert Mosca - Mizuho Securities James Spicer - TD Securities Operator Good morning. Welcome to USA Compression Partners' Fourth Quarter 2023 Earnings Conference Call. During today's call, all parties will be in a listen-only mode. At the conclusion of managem ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-35779 USA Compression Partners, LP (Exact name of registrant as specified in its charter) Delaware 75-2771546 ...

USA Compression Partners, LP (NYSE:USAC) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Chris Porter – Vice President-General Counsel and Secretary Eric Long – Chief Executive Officer Eric Scheller – Chief Operating Officer Conference Call Participants Selman Akyol – Stifel Robert Mosca – Mizuho Operator Good morning. Welcome to USA Compression Partners Third Quarter 2023 Earnings Conference Call. During today’s call, all parties will be in a listen-only mode. At the conc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-35779 USA Compression Partners, LP (Exact name of registrant as specified in its charter) Delaware 75-2771546 (Stat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-35779 USA Compression Partners, LP (Exact name of registrant as specified in its charter) Delaware 75-2771546 (Sta ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35779 USA Compression Partners, LP (Exact name of registrant as Specified in its charter) Delaware 75-2771546 (Sta ...