USA Compression Partners LP

investors.usacpartners.com

USA Compression Partners LP (NYSE: USAC) is a midstream energy master limited partnership that provides natural gas compression services to oil and gas producers, gatherers, and pipelines. Revenue comes primarily from fee-based contracts under which customers pay for compression and related services, generating $65.0 million from Energy Transfer-affiliated entities alone in full-year 2025. The partnership is structured as a limited partnership, with USA Compression GP, LLC serving as general partner and Energy Transfer holding a material common unit position. USAC entered into a Stock Purchase Agreement dated November 29, 2025 to acquire J-W Power Company, indicating active fleet expansion through acquisition. The partnership's credit facility was amended and restated as of August 27, 2025, with JPMorgan Chase Bank, N.A. as administrative agent, reflecting a capital-intensive, debt-funded operating model. Distributions to Energy Transfer on common units totaled $96.7 million in 2025. The partnership is organized in Delaware and its common units are registered under File No. 001-35779.