Usa Compression Partners, Lp Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 03, 2020 at 07:00 am EST
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USA Compression Partners, LP announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 161.666 million compared to USD 175.756 million a year ago. Operating income was USD 38.771 million compared to USD 46.164 million a year ago. Net income was USD 6.519 million compared to USD 13.315 million a year ago.
USA Compression Partners, LP is a provider of natural gas compression services. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services and repairs its fleet of compression units and maintains related support inventory and equipment. It also provides compression services in mature conventional basins, including gas lift applications on crude oil wells targeted by horizontal drilling techniques. It has over 3,775,660 horsepower in its fleet. It provides compression services in a number of shales plays throughout the United States, including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara and Fayetteville shales.
USA COMPRESSION PARTNERS, LP 
