Usa Compression Partners Lp Stock Price, News & Analysis

Energy Transfer LP (NYSE: ET) has appointed Dilanka Seimon as Vice President of Alternative Energy. Seimon, an industry veteran from BHP, will lead the development of alternative energy and carbon capture projects, focusing on ESG initiatives such as carbon offset programs. His extensive experience in the energy sector is anticipated to enhance Energy Transfer's efforts in renewable energy and sustainability.

USA Compression Partners, LP (NYSE: USAC) has declared a cash distribution of $0.525 per common unit for Q4 2021, equating to $2.10 annually. The payout will be made on February 4, 2022, to unitholders of record by January 24, 2022. Additionally, the company plans to release its fourth quarter 2021 results prior to market opening on February 15, followed by an investor conference call at 11 a.m. ET.

USA Compression is a key player in natural gas compression services, partnering with various sectors of the oil and gas industry.

Energy Transfer LP (NYSE: ET) announced plans to release its fourth quarter and full year 2021 earnings on February 16, 2022, after market close. A conference call will follow at 3:30 PM CT to discuss results and provide a 2022 outlook. Energy Transfer operates a large and diversified energy asset portfolio in the U.S., including natural gas and crude oil transportation, storage assets, and interests in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).

USA Compression Partners, LP (NYSE: USAC) will engage in virtual meetings at the UBS Winter Infrastructure & Energy Conference on January 11. Senior management aims to meet with investment community members, and presentation materials will be available on the company’s website beforehand. As one of the largest independent natural gas compression service providers in the U.S., USA Compression serves a diverse clientele, including producers and transporters of natural gas and crude oil, focusing on high-volume applications.

USA Compression Partners, LP (NYSE: USAC) announced a significant extension of its senior secured credit facility, now maturing in December 2026. The new credit agreement, effective December 8, 2021, involves J.P. Morgan and 17 other financial institutions, totaling $1.6 billion in commitments. This strategic move provides the company with increased flexibility and lower interest margins. Currently, the drawn balance is approximately $514 million, allowing the partnership to pursue growth opportunities in its natural gas compression services sector.

Energy Transfer LP (NYSE:ET) released its 2020 Corporate Responsibility Report detailing operational results and safety initiatives across its business segments. The report emphasizes the company's commitment to pipeline safety, risk management, and emissions reduction, alongside its efforts in renewable energy. With over 114,000 miles of pipeline infrastructure across 41 states and Canada, Energy Transfer plays a vital role in transporting nearly 30% of the U.S. natural gas and oil supply.

USA Compression Partners, LP (NYSE: USAC) announced its participation in the Wells Fargo Midstream, Utility & Renewables Symposium on December 8. Senior management will engage in virtual meetings with investors, and presentation materials will be available on their website before the event. USA Compression is a leading provider of natural gas compression services, focusing on infrastructure applications in high-volume gathering systems and processing facilities. More details can be found in the Investor Relations section at usacompression.com.

USA Compression Partners (NYSE: USAC) announced its senior management will attend the RBC Capital Markets Midstream and Energy Infrastructure Conference on November 16. They will engage in meetings with the investment community, and presentation materials will be available on usacompression.com before the event. USA Compression is a leading provider of natural gas compression services, focusing on high-volume gathering systems and infrastructure applications.

Energy Transfer LP (NYSE:ET) reported a net income of $635 million for Q3 2021, a decline of $1.29 billion year-over-year. Adjusted EBITDA stood at $2.58 billion, down from $2.87 billion in Q3 2020, influenced by non-recurring gains in the previous year. Distributable Cash Flow was $1.31 billion, reflecting a decrease from $1.69 billion in the same quarter last year. Despite operational achievements, including record NGL volumes and new solar agreements, the partnership reduced debt by $800 million. A quarterly distribution of $0.1525 per unit was announced for Q3 2021.