Welcome to our dedicated page for Usa Compression Partners Lp SEC filings (Ticker: USAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
USA Compression Partners LP filings document the partnership's natural gas compression services business, operating results, limited partnership governance, and capital structure. Form 8-K reports include quarterly financial and operating results, Regulation FD investor materials, distribution-related disclosures, and material events affecting the partnership or its general partner.
The filing record also covers board changes at USA Compression GP, LLC, acquisition agreements and related registration rights from the completed J-W Energy and J-W Power transaction, shareholder voting and governance matters, and annual Form 10-K disclosures. These documents describe the partnership's compression fleet, customer base, cash flow measures, risk factors, ownership structure, and common-unit obligations.
USA Compression Partners, LP furnished an Item 2.02 Form 8-K announcing a press release covering its third‑quarter 2025 financial and operating results. The press release appears as Exhibit 99.1 and is titled “USA Compression Partners Reports Third‑Quarter 2025 Results; Achieves Record Results; Improves 2025 Outlook.”
The information, including Exhibit 99.1, is furnished and not deemed filed under Section 18 of the Exchange Act, and is not incorporated by reference into other filings unless specifically stated.
ALPS Advisors, Inc. and the Alerian MLP ETF report shared beneficial ownership of 17,105,738 common units of USA Compression Partners LP, equal to 13.94% of the outstanding class. Both reporting parties show no sole voting or dispositive power and instead report shared voting and dispositive power over the full position. The filing is a Schedule 13G/A submitted under passive/investment-adviser reporting provisions, and includes a certification that the securities are held in the ordinary course of business and not for the purpose of influencing control. Signatures indicate the Chief Compliance Officer executed the filing on 10/01/2025.
USA Compression Partners, LP filed an 8-K disclosing an indenture dated September 24, 2025 among the partnership, USA Compression Finance Corp., subsidiary guarantors and U.S. Bank Trust Company, National Association. The filing includes the form of a 6.250% Senior Note due 2033 as an exhibit and references an interactive data file embedded in the Inline XBRL document. The cover shows the filing date as September 25, 2025 and is signed on behalf of the general partner by Christopher W. Porter, Vice President, General Counsel and Secretary.
USA Compression Partners, LP entered into a purchase agreement to issue and sell $750.0 million of 6.250% senior notes due 2033 in a private offering. The notes, guaranteed on a senior unsecured basis by key subsidiaries, will be sold at par and are expected to generate approximately $742.5 million in net proceeds at closing, expected on or about September 24, 2025, subject to customary conditions.
The partnership plans to use the proceeds, along with borrowings under its credit agreement, to redeem all of its 6.875% senior notes due 2027 and pay related fees and expenses, with any interim proceeds potentially used to repay borrowings under its credit facility. The notes are being offered under exemptions from SEC registration to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, and the issuers and guarantors have agreed to a 90‑day restriction on issuing additional debt securities without the representative’s consent.
USA Compression Partners, LP entered into a purchase agreement to issue and sell $750.0 million of 6.250% senior notes due 2033 in a private offering. The notes, guaranteed on a senior unsecured basis by key subsidiaries, will be sold at par and are expected to generate approximately $742.5 million in net proceeds at closing, expected on or about September 24, 2025, subject to customary conditions.
The partnership plans to use the proceeds, along with borrowings under its credit agreement, to redeem all of its 6.875% senior notes due 2027 and pay related fees and expenses, with any interim proceeds potentially used to repay borrowings under its credit facility. The notes are being offered under exemptions from SEC registration to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, and the issuers and guarantors have agreed to a 90‑day restriction on issuing additional debt securities without the representative’s consent.
USA Compression Partners, LP filed a current report to inform investors that senior management will attend the Barclays 39th Annual Energy-Power Conference on September 3. During the event, management plans to hold a series of meetings with members of the investment community.
The company states that the presentation materials used in these meetings will be posted on its website in the Investor Relations section under “Presentations” before the investor meetings. It also notes that the posted information may be supplemented by future press releases and periodic reports, and includes a standard reminder that any forward-looking statements are subject to risks and uncertainties discussed in its SEC filings.
USA Compression Partners LP discloses terms of an amended credit agreement that defines borrowing base and pricing. Eligible receivables and certain inventory and compression units are included in the borrowing base at specified advance rates: 80% of eligible finished goods and heavy component inventory valued at cost and 80% of eligible compression units not yet subject to a valuation report; other eligible collateral is included on a first-in-first-out basis, less reserves the Administrative Agent may set. Interest options include Daily Simple SOFR, SOFR plus a margin, one-month SOFR for swingline loans, and an Alternate Base Rate (the greatest of prime, federal funds +0.50%, or one-month SOFR +1.00%). Applicable margins range from 1.75% to 2.50% for SOFR-based loans and 0.75% to 1.50% for Alternate Base Rate and one-month SOFR loans, set by a total leverage ratio pricing grid. A 0.25% commitment fee applies to the daily unused amount. Borrowings repaid may be reborrowed subject to borrowing base availability.
Christopher J. Wauson, Vice President and Chief Operating Officer of USA Compression GP, LLC, reported an award of 20,000 restricted common units of USA Compression Partners, LP (USAC) on 08/12/2025. The units were granted at $0 under the Issuer's Long-Term Incentive Plan and increase the reporting person’s beneficial ownership to 44,585 common units. The restricted units vest 60% on December 5, 2027 and 40% on December 5, 2029, and vesting is generally contingent on continued employment with the Issuer or its affiliates.
USA Compression Partners, LP reported total revenues of $250.1 million for the quarter ended June 30, 2025, up from $235.3 million a year earlier, driven by a 5.0% increase in average revenue per revenue-generating horsepower and modest growth in average revenue-generating horsepower. Adjusted EBITDA for the quarter was $149.5 million and distributable cash flow (DCF) was $89.9 million, supporting a DCF coverage ratio of 1.40x. Net income was $28.6 million for the quarter, with net income attributable to common unitholders of $26.6 million and basic net income per unit of $0.22.
Balance sheet and cash-flow highlights include total assets of $2.67 billion, long-term debt net of $2.50 billion, preferred units of $73.4 million, and cash of $2 thousand at June 30, 2025. The partnership converted 100,000 Preferred Units into 4,997,126 common units in June 2025, reducing preferred outstanding. The quarter included impairments of $3.2 million related to retired compression units and $47.7 million of net interest expense. Operating cash flow for the six months was $178.9 million, while investing used $40.4 million and financing used $138.5 million.