Feed / USAC

USA Compression Partners, LP

USAC

Energy · 27.76 +0.4% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

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.

Company+0.4% todayVolume comparison unavailable
Market group0 of 1 activeNatural Gas Compression · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • 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.

Watch this read

Research brief

The story so far

Energy · Oil & Gas Equipment & Services

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.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • 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

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements139
Verified relationships8
Evidence supporting the case
  • 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.
Evidence challenging the case
  • Capital investment and capacity has repeated adverse evidence across 5 filings.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

27.76
6m+1.1%12m+19.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$632.6M-5.2%
2022-12-31$704.6M+11.4%
2023-12-31$846.2M+20.1%
2024-12-31$950.4M+12.3%
2025-12-31$998.1M+5.0%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitynegative · 5 filings
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
Credit and interest ratesnegative · 5 filings
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
Restructuring and cost reductionsnegative · 5 filings
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
Energy and commodity pricesmixed · 3 filings
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.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

27.76+0.4% today

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.