Usa Compression Partners Lp Stock Price, News & Analysis

USA Compression Partners, LP (NYSE: USAC) has announced the availability of its 2023 Schedule K-3, which is relevant for international tax purposes. Unitholders can access this document online at taxpackagesupport.com/usac. This detailed tax information is particularly necessary for foreign unitholders, those computing a foreign tax credit, and certain corporate or partnership unitholders. To obtain an electronic copy via email, unitholders may contact Tax Package Support at 855-521-8151 during business hours, Monday through Friday, from 8:00 am to 5:00 pm Central Time. USA Compression Partners is a major provider of natural gas compression services, catering to producers, processors, gatherers, and transporters of natural gas and crude oil, focusing primarily on midstream natural gas infrastructure applications.

Energy Transfer LP (NYSE: ET) has submitted its premerger notification filing under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its acquisition of WTG Midstream Holdings. The purchase price for WTG has been adjusted to approximately $3.075 billion, excluding a 20% interest in the BANGL pipeline, which was subject to a right of first offer. The acquisition is expected to close in Q3 2024, pending regulatory approval. Energy Transfer anticipates accretion of $0.04 per common unit in 2025 and $0.07 in 2027. WTG owns the largest private gas gathering and processing business in the Permian Basin. This acquisition will enhance Energy Transfer's access to natural gas and NGL volumes, benefiting their Permian operations and downstream businesses.

Energy Transfer (NYSE: ET) has announced the availability of 2023 Schedule K-3s for both Energy Transfer LP and Crestwood Equity Partners LP. These documents, important for international tax reporting, can be accessed online in the investor relations section of the Energy Transfer website. Certain unitholders, including foreign unitholders and those computing a foreign tax credit, may need the detailed information on Schedule K-3 for their tax filings. Unitholders can also request electronic copies via email or by contacting Tax Package Support, available Monday to Friday from 8:00 am to 5:00 pm Central Time. Contact details are provided for different types of unitholders.

USA Compression Partners (NYSE: USAC) has announced its participation in the J.P. Morgan Energy, Power & Renewables Conference in New York City. The company's senior management will engage with the investment community on June 18, discussing their operations and future plans. Presentation materials will be available on the Investor Relations section of their website prior to the meetings. USA Compression is a leading provider of natural gas compression services, focusing on midstream applications in high-volume gathering systems, processing facilities, and transportation. For further details, visit usacompression.com.

Energy Transfer LP (NYSE: ET) has announced the pricing of $3.5 billion in senior notes and $400 million in junior subordinated notes, with the offerings expected to close on June 21, 2024. The senior notes are divided into three tranches: $1 billion at 5.250% due 2029, $1.25 billion at 5.600% due 2034, and $1.25 billion at 6.050% due 2054. The junior subordinated notes are priced at 7.125% due 2054. The company plans to use the net proceeds of $3.463 billion and $396 million, respectively, for funding its acquisition of WTG Midstream Holdings , refinancing existing debt, and other general purposes.

USA Compression Partners (NYSE: USAC) announced that their senior management will attend the RBC Capital Markets Global Energy, Power & Infrastructure Conference in New York on June 4.

They will engage with the investment community, and presentation materials will be available on their website. USA Compression, a leading provider of natural gas compression services, partners with various natural gas and crude oil producers, processors, and transporters.

They focus on midstream compression services for high-volume gathering systems, processing facilities, and transportation applications.

Energy Transfer (NYSE: ET) will acquire WTG Midstream in a $3.25 billion deal, enhancing its gas pipeline and processing network in the Permian Basin. The acquisition includes eight processing plants with a capacity of 1.3 Bcf/d, two new plants under construction, and over 6,000 miles of gas gathering pipelines. The transaction, expected to close in Q3 2024, involves $2.45 billion in cash and 50.8 million newly issued ET common units. It is anticipated to add $0.04 to 2025 DCF per unit, growing to $0.07 by 2027. Regulatory approval is pending.

USA Compression Partners (NYSE: USAC) announced its senior management will attend the Energy Infrastructure Council CEO & Investor Conference in Aventura, Florida. The event is scheduled for May 22, where senior management will engage with the investment community. Presentation materials will be available on the company's website prior to the meetings. USA Compression is one of the largest independent providers of natural gas compression services in the U.S., serving a wide range of customers in the natural gas and crude oil industry.

Energy Transfer LP (NYSE: ET) reported strong first quarter 2024 results with a net income of $1.24 billion. Adjusted EBITDA was $3.88 billion, seeing an increase in distributable cash flow. Operational highlights included significant growth in volumes across various segments. Financially, Energy Transfer raised its Adjusted EBITDA guidance for 2024 and approved new projects to enhance its operations.