Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT
How the members are behaving together
Session-normalized
Observed intraday paths are not available for this group yet.
02 · WHY IT MATTERS
Why now and where the move could travel
Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW
Verified recent context
0 items
No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.
WHY THIS GROUP EXISTS
Shared filing context
2/2 members covered
Moderate filing support: the strongest shared 10-Q/K relation is credit / rates affecting interest expense on interest expense across GEL, USAC.
credit / rates affecting interest expense
“The $1.6 million increase in interest expense, net for the three months ended June 30, 2026, compared to the three months ended June 30, 2025, primarily was due to higher aggregate borrowings, partially offset by lower weighted-average interest rates under the Credit Agreement and our senior notes.”
“The $26.7 million increase in contract operations revenue for the year ended December 31, 2025, compared to the year ended December 31, 2024, primarily was due to (i) a 4.7% increase in average revenue per revenue-generating horsepower per month, as a result of higher market-based rates on newly deployed and redeployed compression units, and CPI-based and other market-based price increases on existing customer contracts that occur as market conditions permit, (ii) a 0.9% increase in average revenue-generating horsepower as a result of increased demand for our services, consistent with an overall increase in crude oil and natural gas produced within the U.S., partially offset by (iii) a $7.8 million decrease in revenue attributable to natural gas treating services activity.”
“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, which was primarily used for the J-W Power 29 Table of Contents Acquisition, (ii) an $8.8 million decrease in Preferred Unit distributions, and (iii) a $3.2 million decrease in cash paid related to the net settlement of unit-based awards, partially offset by (iv) an $18.7 million increase in common unit distributions.”
Price participation with accumulating signed flow.
04 · HAS THIS HAPPENED BEFORE
Identity history versus measured outcomes
Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES
Observed follow-through
10/10 events completed
30 minutes-0.49%17% continuation · n=6Median MFE +-0.15% · MAE -1.37%
60 minutes-0.70%17% continuation · n=6Median MFE +-0.15% · MAE -1.37%
Session close-0.66%25% continuation · n=4Median MFE +-0.26% · MAE -0.81%
Next-session close-1.31%17% continuation · n=6Median MFE +-0.15% · MAE -1.37%
Low structural sample
One continuous episode spans 20 active sessions; the independent episode sample remains low—context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.
Structural support23 daysHow often the cohort identity was observed
Completed episodes1Separate periods of broad group activity
Active sessions20Completed session observations, not trades
2026-07-20 → 2026-08-2020 active sessions33.3% composition consistency through the episode