“The $462.5 million increase in net cash used in investing activities for the six months ended June 30, 2026, compared to the six months ended June 30, 2025, was primarily due to (i) $444.4 million in cash paid, net of cash acquired, in connection with the J-W…”10-Q · Aug 6, 2026 ↗
USA Compression Partners, LP
USAC
Market read
USA Compression Partners, LP's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
- 3.2% of the reported revenue increase is attributed to higher market-based rates on newly deployed/redeployed units and CPI‑based increases on existing contracts.
Invalidation: The isolated read changes if USAC's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- 3.2% of the reported revenue increase is attributed to higher market-based rates on newly deployed/redeployed units and CPI‑based increases on existing contracts.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +5.0% year over year.
- Operating cash flow covered net income at 3.54x in the latest annual period.
- Energy and commodity prices has repeated favorable evidence across 3 filings.
- Capital investment and capacity has repeated adverse evidence across 5 filings.
- Credit and interest rates has repeated adverse evidence across 5 filings.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 10, 2026
27.76Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The $410.5 million increase in net cash provided by financing activities for the six months ended June 30, 2026, compared to the six months ended June 30, 2025, primarily was due to (i) a $417.6 million increase in net borrowings under the Credit Agreement, w…”10-Q · Aug 6, 2026 ↗
“For the three and six months ended June 30, 2025, severance charges and other employee costs included $0.0 million and $0.4 million related to retention payments, and $0.2 million and $0.3 million related to relocation payments, respectively.”10-Q · Aug 6, 2026 ↗
“The increases in revenue-generating horsepower, average horsepower per revenue-generating compression unit, and average horsepower utilization based on revenue-generating horsepower and fleet horsepower as of and for the year ended December 31, 2025, compared…”10-K · Feb 17, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.
No usable price/earnings or price/sales multiple (need a fresh price).
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for USAC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for USAC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind USAC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CATCaterpillar Inc.supplierFeb 17, 2026 ▾
“Our Compression Fleet The fleet of compression units that we own and use to provide compression services consists of specially engineered compression units that utilize standardized components, principally engines manufactured by Caterpillar Inc.”
CMICummins Inc.supplierFeb 17, 2026 ▾
“4 Table of Contents Suppliers and Service Providers The principal manufacturers of components for our natural gas compression equipment include Caterpillar Inc., Cummins Inc., INNIO Waukesha, and TECO-Westinghouse for engines; Air-X-Changers, Alfa Laval (US),…”
GEMIGemini Space Station, Inc.supplierFeb 17, 2026 ▾
“4 Table of Contents Suppliers and Service Providers The principal manufacturers of components for our natural gas compression equipment include Caterpillar Inc., Cummins Inc., INNIO Waukesha, and TECO-Westinghouse for engines; Air-X-Changers, Alfa Laval (US),…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
USAC is currently a Leader in the organic co-movement group Natural Gas Compression. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for USAC; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.