USA Compression Partners, LP Announces Cash Distribution; Payable on May 7 2021
April 15, 2021 at 02:00 am IST
Share
USA Compression Partners, LP announced a cash distribution of $0.525 per common unit for the first quarter of 2021. The distribution will be paid on May 7, 2021, to unitholders of record as of the close of business on April 26, 2021.
USA Compression Partners, LP is a provider of natural gas compression services. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services and repairs its fleet of compression units and maintains related support inventory and equipment. It also provides compression services in mature conventional basins, including gas lift applications on crude oil wells targeted by horizontal drilling techniques. It has over 3,775,660 horsepower in its fleet. It provides compression services in a number of shales plays throughout the United States, including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara and Fayetteville shales.