USA Compression Partners, LP Announces Second Quarter 2020 Cash Distribution Payable on August 10, 2020
July 21, 2020 at 09:30 pm
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USA Compression Partners, LP announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the second quarter of 2020. The distribution will be paid on August 10, 2020, to unitholders of record as of the close of business on July 31, 2020.
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.