USA Compression Partners, LP Announces Fourth Quarter 2019 Distribution; Fourth Quarter 2019 Earnings Release & Conference Ca...
January 16 2020 - 4:30PM
Business Wire
USA Compression Partners, LP (NYSE: USAC) (“USA Compression”)
today announced a cash distribution of $0.525 per common unit for
the fourth quarter of 2019, which corresponds to an annualized
distribution rate of $2.10 per unit, unchanged from the third
quarter’s distribution rate. The distribution will be paid on
February 7, 2020, to unitholders of record as of the close of
business on January 27, 2020.
Fourth Quarter 2019 Earnings Conference Call
In addition, USA Compression will release its fourth quarter
2019 results prior to the opening of U.S. financial markets on
Tuesday, February 18. 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 800-367-2403 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 334-777-6978. The conference ID for both is
3058537.
A replay of the call will be available
through February 28, 2020. 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
3058537.
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 natural gas compression services in terms of total
compression fleet horsepower. USA Compression partners with a broad
customer base composed of producers, processors, gatherers and
transporters of natural gas and crude oil. USA Compression focuses
on providing natural gas 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
USA Compression’s distributions to non-U.S. investors as being
attributable to income that is effectively connected with a United
States trade or business. Accordingly, USA Compression’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 USA Compression, and a variety of
risks that could cause results to differ materially from those
expected by management of USA Compression. USA Compression
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: https://www.businesswire.com/news/home/20200116005782/en/
Matt Liuzzi / 512-369-1624 ir@usacompression.com
USA Compression Partners (NYSE:USAC)
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