USAC on NYSE
USA Compression Partners, LP
American natural gas transmission company, incorporated in Texas.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with American Greetings, DT Midstream, Inc. or Kodiak Gas Services, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Contract Operations Revenue brought in 97% of the revenue USA Compression Partners, LP broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Contract Operations Revenue | $823.7M | $925.2M | $971.6M |
| Retail Parts And Services | $22.5M | $25.2M | $26.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin7¢$66.3M
- Other costs82¢$815.6M
- Income tax0¢$4.9M
- Profit11¢$111.3M
Out of $998.1M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending30¢$117.3M
- Kept or used elsewhere70¢$277.0M
Out of $394.3M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $998.1M | $950.4M | $846.2M |
| Cost of operations, exclusive of depreciation and amortization | $328.8M | $312.7M | $284.7M |
| Depreciation and amortization | $284.8M | $264.8M | $246.1M |
| Selling, general, and administrative | $66.3M | $72.7M | $72.7M |
| Loss (gain) on disposition of assets | $3.8M | $4.9M | -$1.7M |
| Impairment of assets | $7.8M | $913.0K | $12.3M |
| Total costs and expenses | $691.6M | $656.0M | $614.2M |
| Operating income | $306.5M | $294.4M | $232.0M |
| Interest expense, net | -$187.4M | -$193.5M | -$169.9M |
| Loss on extinguishment of debt | -$3.0M | -$5.0M | $0 |
| Gain on derivative instrument | $0 | $5.7M | $7.4M |
| Other | $97.0K | $110.0K | $127.0K |
| Total other expense | -$190.3M | -$192.6M | -$162.3M |
| Income before income tax expense | $116.2M | $101.8M | $69.6M |
| Income tax expense | $4.9M | $2.2M | $1.4M |
| Net income | $111.3M | $99.6M | $68.3M |
| Less: distributions on Preferred Units | -$8.3M | -$17.6M | -$47.8M |
| Net income attributable to common unitholders interests | $103.0M | $82.0M | $20.5M |
| Weighted-average common units outstanding basic (in units) | 120.8M shares | 113.4M shares | 98.6M shares |
| Weighted-average common units outstanding diluted (in units) | 121.3M shares | 114.5M shares | 100.7M shares |
| Basic net income (loss) per common unit (in dollars per unit) | $1 | $1 | $0 |
| Diluted net income (loss) per common unit (in dollars per unit) | $1 | $1 | $0 |
| Distributions declared per common unit for respective periods (in dollars per unit) | $2 | $2 | $2 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $8.6M | $14.0K | |
| Inventories | $134.5M | $133.9M | |
| Prepaid expenses and other assets | $11.0M | $12.0M | |
| Total current assets | $236.6M | $235.0M | |
| Property and equipment, net | $2.2B | $2.3B | |
| Lease right-of-use assets | $13.7M | $14.3M | |
| Identifiable intangible assets, net | $186.9M | $216.3M | |
| Other assets | $20.1M | $6.6M | |
| Total assets | $2.6B | $2.7B | |
| Accrued liabilities | $93.8M | $99.4M | |
| Deferred revenue | $65.0M | $63.9M | |
| Total current liabilities | $186.9M | $190.7M | |
| Long-term debt, net | $2.5B | $2.5B | |
| Operating lease liabilities | $10.7M | $11.7M | |
| Other liabilities | $10.8M | $12.9M | |
| Total liabilities | $2.7B | $2.7B | |
| Preferred Units | $0 | $168.8M | |
| Common units, 126,795,135 and 117,314,783 units issued and outstanding, respectively | -$112.5M | -$141.1M | |
| Total liabilities, Preferred Units, and partners deficit | $2.6B | $2.7B | |
| Accounts receivable, allowances for credit losses | $1.5M | $1.5M | $2.3M |
| Common units issued (in units) | 126.8M shares | 117.3M shares | |
| Common units outstanding (in units) | 126.8M shares | 117.3M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $8.6M | $14.0K | |
| Inventories | $134.5M | $133.9M | |
| Prepaid expenses and other assets | $11.0M | $12.0M | |
| Total current assets | $236.6M | $235.0M | |
| Property and equipment, net | $2.2B | $2.3B | |
| Lease right-of-use assets | $13.7M | $14.3M | |
| Identifiable intangible assets, net | $186.9M | $216.3M | |
| Other assets | $20.1M | $6.6M | |
| Total assets | $2.6B | $2.7B | |
| Accrued liabilities | $93.8M | $99.4M | |
| Deferred revenue | $65.0M | $63.9M | |
| Total current liabilities | $186.9M | $190.7M | |
| Long-term debt, net | $2.5B | $2.5B | |
| Operating lease liabilities | $10.7M | $11.7M | |
| Other liabilities | $10.8M | $12.9M | |
| Total liabilities | $2.7B | $2.7B | |
| Preferred Units | $0 | $168.8M | |
| Common units, 126,795,135 and 117,314,783 units issued and outstanding, respectively | -$112.5M | -$141.1M | |
| Total liabilities, Preferred Units, and partners deficit | $2.6B | $2.7B | |
| Accounts receivable, allowances for credit losses | $1.5M | $1.5M | $2.3M |
| Common units issued (in units) | 126.8M shares | 117.3M shares | |
| Common units outstanding (in units) | 126.8M shares | 117.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $111.3M | $99.6M | $68.3M |
| Depreciation and amortization | $284.8M | $264.8M | $246.1M |
| Provision for expected credit losses | $0 | $630.0K | $1.5M |
| Amortization of debt issuance costs | $8.6M | $8.7M | $7.3M |
| Unit-based compensation expense | $4.3M | $16.6M | $22.2M |
| Deferred income tax expense (benefit) | $466.0K | $574.0K | -$52.0K |
| Loss (gain) on disposition of assets | $3.8M | $4.9M | -$1.7M |
| Loss on extinguishment of debt | $3.0M | $5.0M | $0 |
| Change in fair value of derivative instrument | $0 | $1.2M | -$1.2M |
| Impairment of assets | $7.8M | $913.0K | $12.3M |
| Accounts receivable and related-party receivables, net | $6.6M | $5.7M | -$13.0M |
| Inventories | -$41.1M | -$101.9M | -$76.8M |
| Prepaid expenses and other current assets | $920.0K | -$1.4M | -$1.8M |
| Other assets | -$3.8M | $3.9M | $4.2M |
| Accounts payable | -$729.0K | -$3.9M | $523.0K |
| Accrued liabilities and deferred revenue | $8.2M | $35.6M | $4.1M |
| Other liabilities | -$17.0K | $410.0K | $0 |
| Net cash provided by operating activities | $394.3M | $341.3M | $271.9M |
| Capital expenditures, net | -$117.3M | -$204.9M | -$238.5M |
| Proceeds from disposition of property and equipment | $2.3M | $1.3M | $5.3M |
| Proceeds from insurance recovery | $68.0K | $1.5M | $535.0K |
| Net cash used in investing activities | -$115.0M | -$202.0M | -$232.7M |
| Proceeds from revolving credit facility | $1.8B | $1.1B | $1.1B |
| Proceeds from issuance of senior notes | $750.0M | $1.0B | $0 |
| Payments on revolving credit facility | -$1.8B | -$1.2B | -$863.3M |
| Repayments of Senior Debt | -$750.0M | $0 | $0 |
| Investments in government securities in connection with legal defeasance of the Senior Notes 2026 | $0 | -$748.8M | $0 |
| Cash paid related to net settlement of unit-based awards | -$8.5M | -$5.4M | -$6.4M |
| Deferred financing costs | -$17.9M | -$18.6M | -$379.0K |
| Other | -$372.0K | -$1.6M | -$489.0K |
| Net cash used in financing activities | -$270.8M | -$139.3M | -$39.3M |
| Increase (decrease) in cash and cash equivalents | $8.6M | $3.0K | -$24.0K |
| Interest Paid, Excluding Capitalized Interest, Operating Activity | $181.3M | $154.3M | $163.6M |
| Income Taxes Paid | $1.7M | $1.5M | $1.1M |
| Distribution Made to Member or Limited Partner Non Cash Distributions Paid | $192.0K | $1.6M | $1.9M |
| Transfers to from inventory to property and equipment | $37.3M | $78.5M | $54.6M |
| Increase (Decrease) in Capital Expenditures Incurred but Not yet Paid | $787.0K | -$9.0M | $3.6M |
| Financing Costs Included In Accounts Payable And Accrued Liabilities | $61.0K | $14.0K | $125.0K |
| Non Cash Exercise And conversion Of Warrants Into Common Units | $0 | $0 | $8.8M |
| Exercise And Conversion Of Preferred Units | $164.4M | $300.7M | $0 |
| Government Securities Transferred In Connection With The Legal Defeasance Of Debt | $0 | $748.8M | $0 |
| Legal Defeasance Of Debt | $0 | $725.0M | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led USA Compression Partners, LP, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (38)
- Vice President and ControllerJulie A. McEwen Mar 12, 2025 to now12
- OfficerChristopher J. Wauson Apr 11, 2025 to now13
- OfficerMicah Clint Green Oct 11, 2024 to now14
- OfficerChristopher M. Paulsen Nov 25, 2024 to now15
- OfficerMichael C. Pearl Aug 11, 2022 to Dec 6, 202216
- OfficerEric A. Scheller Jun 9, 2020 to Dec 20, 202417
- OfficerSean T. Kimble Jan 9, 2017 to Mar 15, 202418
- OfficerGeorge Tracy Owens Apr 12, 2017 to Dec 20, 202419
- OfficerMichael D. Lenox May 6, 2014 to Jun 3, 201620
- OfficerEric D. Long Jan 14, 2013 to Aug 27, 202421
- OfficerJ. Gregory Holloway Jan 14, 2013 to Mar 29, 201622
- OfficerJoseph C. Tusa Jan 14, 2013 to Apr 29, 201423
- OfficerKevin M. Bourbonnais Jan 14, 2013 to Mar 13, 201324
- OfficerDennis J. Moody Jan 15, 2013 to Mar 13, 201325
- OfficerCathy Guthrie May 30, 2013 to May 30, 201326
- OfficerMatthew C. Liuzzi May 30, 2013 to Dec 21, 202127
- OfficerWilliam G. Manias Oct 29, 2013 to Mar 9, 202028
- Board memberJim Holotik Apr 30, 2026 to now29
- Board memberJohn L. Wortham Mar 26, 2024 to now30
- Board memberDylan Bramhall Apr 8, 2024 to Apr 8, 202431
- Board memberJames M. Wright Apr 8, 2024 to Apr 8, 202432
- Board memberW. Brett Smith May 4, 2021 to Jan 4, 202433
- Board memberBradford D. Whitehurst Jun 7, 2019 to now34
- Board memberMatthew Stephen Hartman Apr 2, 2018 to Apr 2, 201835
- Board memberVeteran Equity Aggregator L.p. Eig Apr 2, 2018 to Nov 20, 202336
- Board memberChristopher Curia Apr 10, 2018 to Apr 10, 201837
- Board memberThomas P. Mason Apr 10, 2018 to Apr 10, 201838
- Board memberWilliam S. Waldheim Apr 10, 2018 to now39
- Board memberGlenn E. Joyce Apr 11, 2018 to now40
- Board memberAndrew W. Ward Jan 14, 2013 to Jan 14, 201341
- Board memberEric D. Long Jan 14, 2013 to Aug 27, 202421
- Board memberOlivia C. Wassenaar Jan 14, 2013 to Jan 14, 201342
- Board memberWilliam H. Shea Jr. Jan 14, 2013 to Jan 14, 201343
- Board memberJim H. Derryberry Jan 15, 2013 to Jan 15, 201344
- Board memberRobert F. End Jan 15, 2013 to Feb 14, 201745
- Board memberWilliam G. Manias Feb 15, 2013 to May 14, 201346
- Board memberForrest E. Wylie Mar 11, 2013 to Feb 14, 201747
- Board memberJohn D. Chandler Nov 1, 2013 to Feb 14, 201748
Filings
269 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 64 major events, 128 insider forms, 27 large holders, 30 other. The latest 20:
- Oct 7, 2026SCHEDULE 13G/A EDGAR
- Oct 5, 20268-K EDGAR
- Sep 30, 2026CERT USAC 8A CERTIFICATION EDGAR
- Sep 28, 202625 EDGAR
- Sep 28, 20268-A12B EDGAR
- Sep 24, 2026SD EDGAR
- Sep 24, 20268-K EDGAR
- Sep 11, 20268-K EDGAR
- Sep 10, 20268-K EDGAR
- Sep 10, 2026SCHEDULE 13G/A EDGAR
- Aug 24, 20264 EDGAR
- Aug 13, 2026SCHEDULE 13D/A EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Aug 4, 20268-K EDGAR
- Jul 20, 2026EFFECT EDGAR
- Jul 15, 2026POS AM EDGAR
- Jul 15, 2026S-8 POS EDGAR
- Jul 15, 2026S-3DPOS EDGAR
- Jul 6, 20268-K12B EDGAR
The 269 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 27 such filings since October 2021, the latest 10:
- Oct 7, 2026SCHEDULE 13G/A
- Sep 10, 2026SCHEDULE 13G/A
- Aug 13, 2026SCHEDULE 13D/A
- May 6, 2026SCHEDULE 13G/A
- Apr 9, 2026SCHEDULE 13G/A
- Jan 14, 2026SCHEDULE 13D
- Jan 6, 2026SCHEDULE 13G/A
- Oct 8, 2025SCHEDULE 13G/A
- Jul 9, 2025SCHEDULE 13G/A
- Jun 12, 2025SCHEDULE 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Alps Advisors Inc | 18,253,585 | $481.7M | 2.3% | −818,828 |
| Invesco Ltd. | 12,214,825 | $322.3M | 0.0% | +37,923 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 6,194,105 | $163.5M | 0.2% | +385,222 |
| Goldman Sachs Group Inc | 3,951,102 | $104.3M | 0.0% | +312,388 |
| Morgan Stanley | 2,835,850 | $74.8M | 0.0% | +30,841 |
| Jpmorgan Chase & Co | 2,608,820 | $67.9M | 0.0% | −929,332 |
| Blackstone Inc. | 665,734 | $17.6M | 0.1% | −30,975 |
| Raymond James Financial Inc | 591,630 | $15.6M | 0.0% | −8,059 |
| UBS Group AG | 478,790 | $12.6M | 0.0% | +5,713 |
| Natixis | 405,800 | $10.7M | 0.1% | No change |
| Citadel Advisors LLC | 348,839 | $9.2M | 0.0% | +226,501 |
| Infrastructure Capital Advisors, LLC | 345,361 | $9.1M | 0.7% | +30,704 |
| Ing Groep Nv | 338,600 | $8.9M | 0.0% | +26,000 |
| Kayne Anderson Capital Advisors LP | 250,946 | $6.6M | 0.1% | No change |
| Objectivity Squared, LLC | 239,710 | $6.3M | 3.6% | +4,604 |
| Rockefeller Capital Management L.P. | 233,752 | $6.2M | 0.0% | −111 |
| Corient Private Wealth LP | 226,316 | $6.0M | 0.0% | +14,931 |
| Brookfield Corp /ON/ | 203,500 | $5.4M | 0.0% | New |
| CIBC Bancorp USA Inc. | 203,454 | $5.4M | 0.0% | New |
| Bard Associates Inc | 183,250 | $4.8M | 1.1% | −598 |
| Royal Bank Of Canada | 175,141 | $4.6M | 0.0% | −983 |
| LPL Financial LLC | 145,258 | $3.8M | 0.0% | +74,997 |
| First Trust Advisors LP | 127,677 | $3.4M | 0.0% | +5,291 |
| Jane Street Group, LLC | 127,055 | $3.4M | 0.0% | New |
| PNC Financial Services Group, Inc. | 115,530 | $3.0M | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Apr 18, 2022 | Mark GreenRepublican, House | Sale | $500,001 - $1,000,000 | +52.3% | Report |
| Apr 14, 2022 | Mark GreenRepublican, House | Sale | $100,001 - $250,000 | +49.6% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARChristopher J. Wauson, Officer
- 14SEC EDGARMicah Clint Green, Officer
- 15SEC EDGARChristopher M. Paulsen, Officer
- 16SEC EDGARMichael C. Pearl, Officer
- 17SEC EDGAREric A. Scheller, Officer
- 18SEC EDGARSean T. Kimble, Officer
- 19SEC EDGARGeorge Tracy Owens, Officer
- 20SEC EDGARMichael D. Lenox, Officer
- 21SEC EDGAREric D. Long, Officer
- 22SEC EDGARJ. Gregory Holloway, Officer
- 23SEC EDGARJoseph C. Tusa, Officer
- 24SEC EDGARKevin M. Bourbonnais, Officer
- 25SEC EDGARDennis J. Moody, Officer
- 26SEC EDGARCathy Guthrie, Officer
- 27SEC EDGARMatthew C. Liuzzi, Officer
- 28SEC EDGARWilliam G. Manias, Officer
- 29SEC EDGARJim Holotik, Board member
- 30SEC EDGARJohn L. Wortham, Board member
- 31SEC EDGARDylan Bramhall, Board member
- 32SEC EDGARJames M. Wright, Board member
- 33SEC EDGARW. Brett Smith, Board member
- 34SEC EDGARBradford D. Whitehurst, Board member
- 35
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- 37SEC EDGARChristopher Curia, Board member
- 38SEC EDGARThomas P. Mason, Board member
- 39SEC EDGARWilliam S. Waldheim, Board member
- 40SEC EDGARGlenn E. Joyce, Board member
- 41SEC EDGARAndrew W. Ward, Board member
- 42SEC EDGAROlivia C. Wassenaar, Board member
- 43SEC EDGARWilliam H. Shea Jr., Board member
- 44SEC EDGARJim H. Derryberry, Board member
- 45SEC EDGARRobert F. End, Board member
- 46SEC EDGARWilliam G. Manias, Board member
- 47SEC EDGARForrest E. Wylie, Board member
- 48SEC EDGARJohn D. Chandler, Board member