USA Compression Partners Announces Fourth Quarter 2016 Distribution; Fourth Quarter 2016 Earnings Release & Conference Call S...
January 19 2017 - 4:30PM
Business Wire
USA Compression Partners, LP (NYSE: USAC) (the “Partnership”)
today announced a cash distribution of $0.525 per common unit for
the fourth quarter of 2016, which corresponds to an annualized
distribution rate of $2.10 per unit, flat from the third quarter’s
distribution rate. The distribution will be paid on February 14,
2017, to unitholders of record as of the close of business on
February 3, 2017.
Fourth Quarter 2016 Earnings Conference Call
In addition, the Partnership announced today it will release its
fourth quarter and full year 2016 results prior to the opening of
U.S. financial markets on Monday, February 13. Management will
conduct an investor conference call the same day starting at 11
a.m. Eastern Time (10 a.m. Central Time) to discuss financial and
operating results. The call will be broadcast live over the
internet. Investors may participate either by phone or audio
webcast.
By Phone: Dial 888-256-1028 inside the U.S. and
Canada at least 10 minutes before the call and ask for the USA
Compression Partners Earnings Call. Investors outside the U.S. and
Canada should dial 913-312-1473. The conference ID for both is
6863249. A replay of the call will be available through
February 24, 2017. Callers inside the U.S. and Canada may access
the replay by dialing 888-203-1112. Investors outside the U.S. and
Canada should dial 719-457-0820. The passcode for both is 6863249.
By Webcast:
Connect to the webcast via the “Events”
page of USA Compression’s Investor Relations website at
http://investors.usacompression.com. Please log in at least 10
minutes in advance to register and download any necessary software.
A replay will be available shortly after the call.
ABOUT USA COMPRESSION PARTNERS, LP
USA Compression Partners, LP is a growth-oriented Delaware
limited partnership that is one of the nation’s largest independent
providers of compression services in terms of total compression
unit horsepower. The company partners with a broad customer base
composed of producers, processors, gatherers and transporters of
natural gas and crude oil. USA Compression focuses on providing
compression services to infrastructure applications primarily in
high volume gathering systems, processing facilities and
transportation applications. More information is available at
usacompression.com.
NON-U.S. WITHHOLDING INFORMATION
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat
one hundred percent (100.0%) of the Partnership’s distributions to
non-U.S. investors as being attributable to income that is
effectively connected with a United States trade or business.
Accordingly, the Partnership’s distributions to non-U.S. investors
are subject to federal income tax withholding at the highest
applicable effective tax rate.
FORWARD-LOOKING STATEMENTS
Statements in this press release may be forward-looking
statements as defined under federal law. These forward-looking
statements rely on a number of assumptions concerning future events
and are subject to a number of uncertainties and factors, many of
which are outside the control of the Partnership, and a variety of
risks that could cause results to differ materially from those
expected by management of the Partnership. The Partnership
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results over
time.
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version on businesswire.com: http://www.businesswire.com/news/home/20170119006227/en/
USA Compression Partners, LPMatt Liuzzi,
512-369-1624ir@usacompression.com
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