USA Compression Partners LP (USAC)

In the past six months, USAC's stock price was impacted by several events. The release of Q3 2025 earnings on November 5, 2025, showed an EPS of $0.26 and revenue of $250.26 million, exceeding analyst estimates, which led to a stock price increase. In December 2025, the company announced the acquisition of J-W Power Company, completed on January 12, 2026, for $860 million, resulting in Mizuho raising its price target and Wall Street Zen upgrading the stock. The company declared a quarterly dividend of $0.525, paid on February 6, 2026.

While specific details on the seasonality of demand for USA Compression Partners' products and services are not explicitly provided, the company's business model focuses on providing midstream natural gas compression services for infrastructure applications. These services are generally considered mission-critical and infrastructure-oriented, often involving long-term, fixed-fee contracts, suggesting a relatively stable demand profile. The company has historically maintained an average horsepower utilization rate of over 90%. However, there is an indication that idle capacity for compression units might be consumed by the end of 2025, potentially leading to a lack of new units due to approximately one-year lead times on new equipment starting in 2026.

USA Compression Partners LP (USAC) is an independent provider of natural gas compression services in the United States, operating within the Energy sector. The company offers midstream natural gas compression services for infrastructure applications, enhances crude oil production through artificial lift processes, and provides natural gas treating services. As of December 31, 2024, USA Compression Partners operated a fleet of approximately 3.9 million horsepower.

USA Compression Partners LP provides compression services across various unconventional resource plays and mature conventional basins throughout the United States, including major shale plays such as the Permian Basin, Delaware Basin, Marcellus, Utica, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Denver-Julesburg, Niobrara, and Fayetteville shales. The company's expansion into these regions has been bolstered by strategic acquisitions, such as the 2018 acquisition of CDM Resource Management from Energy Transfer.

In the past year, USA Compression Partners has maintained a reputation for operational excellence and customer satisfaction, focusing on delivering safe, reliable, and efficient compression solutions. The company emphasizes its long history of high and stable fleet utilization and long-term, fixed-fee contracts with high-quality customers. No specific negative events impacting its brand reputation were identified in the past year.

USA Compression Partners LP's ownership structure includes a mix of institutional, retail, and individual investors. Institutional investors hold approximately 47.77% of the stock, with major holders including Alps Advisors Inc., AMLP - ALERIAN MLP ETF, and Invesco Ltd. Energy Transfer LP is a significant individual shareholder, owning 77.71 million shares, representing 63.34% of the company. The Energy Transfer family owns approximately 48% of USAC and controls its general partner.