Recent Updates — USAC
USA Compression Partners, LP announced the pricing of a $600 million private placement of 6.750% senior unsecured notes due in 2035 at par. The offering is expected to close on September 18, 2026, generating net proceeds of approximately $592.1 million after discounts and expenses. The partnership intends to use the proceeds to repay outstanding borrowings under its credit agreement and pay related fees and expenses. USA Compression Partners operates in the oil and gas compression services industry.
USA Compression Partners, LP approved the voluntary withdrawal of its common units from listing on the New York Stock Exchange (NYSE) and their transfer to the Texas Stock Exchange (TXSE). Trading on the NYSE is expected to end at market close on October 2, 2026, with trading beginning on the TXSE at market open on October 5, 2026. The ticker symbol USAC will remain unchanged, and no action is required by unitholders. This move aligns the company's Texas-based legacy with the TXSE's platform to support continued growth. USA Compression Partners, LP operates in the midstream energy sector as one of the nation’s largest independent providers of natural gas compression services.
USA Compression Partners, LP reported second-quarter 2026 financial results on August 4, 2026, showing total revenues of $342.1 million and net income of $45.7 million, compared to $250.1 million and $28.6 million in the prior year period. Adjusted EBITDA increased to $193.2 million from $149.5 million, while Distributable Cash Flow rose to $125.3 million from $89.9 million. The partnership confirmed its full-year 2026 guidance for Adjusted EBITDA between $770 million and $800 million. It also announced a quarterly cash distribution of $0.525 per common unit, payable on August 7, 2026, to unitholders of record as of July 27, 2026. USA Compression Partners operates in the midstream energy sector, providing natural gas compression services.
USA Compression Partners, LP redomiciled from Delaware to Texas on July 6, 2026, via a Plan of Conversion. The redomiciliation changed the governing law from the Delaware Revised Uniform Limited Partnership Act to the Texas Business Organizations Code, though the company's business, assets, and unitholders' rights remain substantially the same. USA Compression Partners, LP operates in the energy services industry, providing compression services for natural gas.
USA Compression Partners, LP redomiciled from Delaware to Texas on July 6, 2026, via a Plan of Conversion. The redomiciliation changed the governing law from the Delaware Revised Uniform Limited Partnership Act to the Texas Business Organizations Code, though the company's business, assets, and unitholders' rights remain substantially the same. USA Compression Partners, LP operates in the energy sector, providing compression services for natural gas.