USA Compression Partners, LP
(NYSE:USAC)

USA Compression Partners, LP, together with its subsidiaries, provides compression services under fixed-term contracts to oil companies and independent producers, processors, gatherers, and transporters of natural gas and crude oil. The company also designs, engineers, owns, operates, and maintains ...

Website: http://www.usacompression.com

Founded: 1998

Sector: Energy

Industry: Oil & Gas Equipment & Services

Energy

Share this website to your friends

• Market Cap:

• Exchange:

• Shs Outstanding:

• Employees:

• Beta:

• Return on Equity (ROE) ttm:

• Return on Assets (ROA) ttm:

• EPS ttm:

• Book value per Share:

• Cash per Share:

• Current ast per Share:

• P/E ttm:

• P/E forward:

• P/E ttm high:

• P/E ttm low:

• P/S ttm:

• P/B ttm:

• P/FCF ttm:

• PEG ratio:

• Cash Ratio ttm:

• Quick Ratio ttm:

• Current Ratio ttm:

• Gross Mgn ttm:

• EBITDA Mgn ttm:

• Operating Mgn ttm:

• Net Income Mgn ttm:

• Trailing Div yield:

• Forward Div yield:

• Payout Ratio ttm:

• Ex-Dividend date:

• Target Price High:

• Target Price Low:

• Target Price Mean:

• Number of Analysts:

• Debt Ratio ttm:

• Debt to Equity ttm:

• Total Net Debt:

At a glance:

Bull Thesis:

Bear Thesis:

Main Competitors:

Moat:

Income Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31

revenues:
contract operations	293,509,000	231,713,000	227,990,000	227,277,000	224,975,000	222,985,000	220,518,000	223,643,000	218,104,000	212,325,000	204,716,000	196,982,000	188,539,000	180,558,000	171,019,000	163,969,000	157,668,000	153,503,000	151,622,000	151,800,000	152,525,000	151,775,000	156,632,000	162,993,000	172,794,000	171,052,000	166,197,000	162,937,000	163,976,000	163,164,000	158,664,000	155,261,000	76,716,000	72,151,000	68,407,000	63,325,000	60,432,000	59,605,000	60,282,000	62,785,000	64,278,000	66,002,000	68,227,000	65,552,000	64,035,000	60,044,000	55,293,000	52,678,000	49,344,000	47,396,000	37,925,000	33,144,233	31,895,626
parts and service	21,871,000	4,165,000	5,370,000	6,507,000	5,094,000	6,854,000	5,756,000	5,827,000	5,460,000	6,757,000	7,153,000	4,102,000	3,878,000	5,297,000	4,901,000	3,605,000	1,926,000	3,250,000	4,122,000	1,818,000	2,038,000	3,347,000	1,986,000	2,736,000	3,048,000	2,692,000	4,460,000	4,400,000	2,684,000	4,566,000	6,012,000	7,074,000	1,023,000	3,234,000	4,384,000	2,689,000	5,600,000	15,308,000	848,000	726,000	2,089,000	2,613,000	2,313,000	838,000	965,000	950,000	1,752,000	588,000	858,000	1,247,000	437,000	165,880	708,215
related party	15,895,000	16,606,000	16,896,000	16,341,000	15,165,000	16,053,000	13,694,000	5,843,000	5,712,000	5,967,000	5,216,000	5,836,000	4,707,000	4,257,000	3,693,000	3,887,000	3,818,000	3,190,000	2,883,000	2,944,000	2,950,000	3,245,000	3,048,000	2,922,000	3,157,000	4,444,000	5,099,000	6,338,000	4,086,000	4,247,000	4,271,000	4,563,000
total revenues	331,275,000	252,484,000	250,256,000	250,125,000	245,234,000	245,892,000	239,968,000	235,313,000	229,276,000	225,049,000	217,085,000	206,920,000	197,124,000	190,112,000	179,613,000	171,461,000	163,412,000	159,943,000	158,627,000	156,562,000	157,513,000	158,367,000	161,666,000	168,651,000	178,999,000	178,188,000	175,756,000	173,675,000	170,746,000	171,977,000	168,947,000	166,898,000	77,739,000	75,385,000	72,791,000	66,014,000	66,032,000	74,913,000	61,130,000	63,511,000	66,367,000	68,615,000	70,540,000	66,390,000	65,000,000	60,994,000	57,045,000	53,266,000	50,202,000	48,643,000	38,362,000	33,310,113	32,603,841
yoy	35.09%	2.68%	4.29%	6.29%	6.96%	9.26%	10.54%	13.72%	16.31%	18.38%	20.86%	20.68%	20.63%	18.86%	13.23%	9.52%	3.75%	1.00%	-1.88%	-7.17%	-12.00%	-11.12%	-8.02%	-2.89%	4.83%	3.61%	4.03%	4.06%	119.64%	128.13%	132.10%	152.82%	17.73%	0.63%	19.08%	3.94%	-0.50%	9.18%	-13.34%	-4.34%	2.10%	12.49%	23.66%	24.64%	29.48%	25.39%	48.70%	59.91%	53.98%
qoq	31.21%	0.89%	0.05%	1.99%	-0.27%	2.47%	1.98%	2.63%	1.88%	3.67%	4.91%	4.97%	3.69%	5.85%	4.75%	4.93%	2.17%	0.83%	1.32%	-0.60%	-0.54%	-2.04%	-4.14%	-5.78%	0.46%	1.38%	1.20%	1.72%	-0.72%	1.79%	1.23%	114.69%	3.12%	3.56%	10.27%	-0.03%	-11.86%	22.55%	-3.75%	-4.30%	-3.28%	-2.73%	6.25%	2.14%	6.57%	6.92%	7.09%	6.10%	3.20%	26.80%	15.17%	2.17%
costs and expenses:
cost of operations, exclusive of depreciation and amortization	117,902,000	83,736,000	76,951,000	86,499,000	81,618,000	77,678,000	81,814,000	78,162,000	75,072,000	73,193,000	74,928,000	69,922,000	66,665,000	65,993,000	59,453,000	55,158,000	53,732,000	50,998,000	49,159,000	45,604,000	48,628,000	50,091,000	46,715,000	49,968,000	59,165,000	56,610,000	57,423,000	56,245,000	57,025,000	55,547,000	64,309,000	57,533,000	25,543,000	25,045,000	23,441,000	21,583,000	22,522,000	29,793,000	18,885,000	18,654,000	20,829,000	21,330,000	21,919,000	19,079,000	19,211,000	18,890,000	19,430,000	17,997,000	17,717,000	15,624,000	11,922,000	10,131,215	10,420,024
depreciation and amortization	87,146,000	72,360,000	71,222,000	70,841,000	70,393,000	68,955,000	67,237,000	65,313,000	63,251,000	62,470,000	64,101,000	60,039,000	59,486,000	59,882,000	58,772,000	58,959,000	59,064,000	59,247,000	59,265,000	59,227,000	61,030,000	59,796,000	60,072,000	60,338,000	58,762,000	58,227,000	57,513,000	56,783,000	58,924,000	56,749,000	59,403,000	52,868,000	25,112,000	25,110,000	24,808,000	24,534,000	24,151,000	23,636,000	23,195,000	23,412,000	22,094,000	21,640,000	21,360,000	21,507,000	20,731,000	19,631,000	18,261,000	17,044,000	16,220,000	15,690,000	13,377,000	12,172,639	11,677,875
selling, general, and administrative	35,357,000	17,891,000	16,694,000	12,896,000	18,862,000	20,302,000	15,364,000	14,173,000	22,827,000	18,578,000	20,085,000	14,950,000	19,101,000																																			10,186,000		4,689,000	8,313,000	5,548,408	4,894,798
loss on disposition of assets	-545,000	1,626,000	830,000	39,000	1,325,000	3,826,000	-123,000	-18,000	1,254,000	2,265,000	-3,865,000	309,000		-443,000	1,118,000	1,031,000		-276,000	48,000			261,000	1,686,000	-787,000	-1,014,000	1,329,000	-1,975,000	1,546,000	40,000	636,000	1,250,000	731,000		-300,000	50,000	-13,000
impairment of assets	4,000	302,000	622,000	3,242,000	3,645,000
total costs and expenses	239,864,000	175,915,000	166,319,000	173,517,000	175,843,000	171,363,000	164,292,000	157,941,000	162,404,000	156,506,000	156,131,000	155,493,000	146,067,000	143,419,000	134,510,000	129,062,000	128,314,000	123,607,000	121,996,000	121,417,000	124,753,000	127,174,000	122,895,000	133,757,000	748,709,000	134,387,000	129,592,000	130,784,000	135,218,000	135,410,000	145,007,000	138,309,000	83,826,000	63,858,000	61,283,000	59,337,000	58,664,000	66,019,000	57,943,000	55,011,000	52,540,000	223,939,000	54,993,000	77,742,000	49,476,000	49,239,000	49,360,000	42,707,000	42,635,000	40,579,000	33,560,000	27,981,951	26,967,466
operating income	91,411,000	76,569,000	83,937,000	76,608,000	69,391,000	74,529,000	75,676,000	77,372,000	66,872,000	68,543,000	60,954,000	51,427,000	51,057,000	46,693,000	45,103,000	42,399,000	35,098,000	36,336,000	36,631,000	35,145,000	32,760,000	31,193,000	38,771,000	34,894,000	-569,710,000	43,801,000	46,164,000	42,891,000	35,528,000	36,567,000	23,940,000	28,589,000	-6,087,000	11,527,000	11,508,000	6,677,000	7,368,000	8,894,000	3,187,000	8,500,000	13,827,000	-155,324,000	15,547,000	-11,352,000	15,524,000	11,755,000	7,685,000	10,559,000	7,567,000	8,064,000	4,802,000	5,328,162	5,636,375
yoy	31.73%	2.74%	10.92%	-0.99%	3.77%	8.73%	24.15%	50.45%	30.98%	46.80%	35.14%	21.29%	45.47%	28.50%	23.13%	20.64%	7.14%	16.49%	-5.52%	0.72%	-105.75%	-28.78%	-16.01%	-18.64%	-1703.55%	19.78%	92.83%	50.03%	-683.67%	217.23%	108.03%	328.17%	-182.61%	29.60%	261.09%	-21.45%	-46.71%	-105.73%	-79.50%	-174.88%	-10.93%	-1421.34%	102.30%	-207.51%	105.15%	45.77%	60.04%	98.17%	34.25%
qoq	19.38%	-8.78%	9.57%	10.40%	-6.89%	-1.52%	-2.19%	15.70%	-2.44%	12.45%	18.53%	0.72%	9.35%	3.53%	6.38%	20.80%	-3.41%	-0.81%	4.23%	7.28%	5.02%	-19.55%	11.11%	-106.12%	-1400.68%	-5.12%	7.63%	20.72%	-2.84%	52.74%	-16.26%	-569.67%	-152.81%	0.17%	72.35%	-9.38%	-17.16%	179.07%	-62.51%	-38.53%	-108.90%	-1099.06%	-236.95%	-173.13%	32.06%	52.96%	-27.22%	39.54%	-6.16%	67.93%	-9.88%	-5.47%
operating margin %	27.59%	30.33%	33.54%	30.63%	28.30%	30.31%	31.54%	32.88%	29.17%	30.46%	28.08%	24.85%	25.90%	24.56%	25.11%	24.73%	21.48%	22.72%	23.09%	22.45%	20.80%	19.70%	23.98%	20.69%	-318.28%	24.58%	26.27%	24.70%	20.81%	21.26%	14.17%	17.13%	-7.83%	15.29%	15.81%	10.11%	11.16%	11.87%	5.21%	13.38%	20.83%	-226.37%	22.04%	-17.10%	23.88%	19.27%	13.47%	19.82%	15.07%	16.58%	12.52%	16.00%	17.29%
other income:
interest expense	-48,966,000	-45,299,000	-47,066,000	-47,674,000	-47,369,000	-48,616,000	-49,361,000	-48,828,000	-46,666,000	-44,832,000	-43,257,000	-42,045,000	-39,790,000	-37,991,000	-35,142,000	-33,079,000	-31,838,000	-32,966,000	-32,222,000	-32,350,000	-32,288,000	-32,336,000	-32,004,000	-31,815,000	-32,478,000	-32,984,000	-32,626,000	-32,679,000	-28,857,000	-27,252,000	-25,443,000	-25,682,000	-9,219,000	-6,896,000	-6,557,000	-6,002,000	-5,674,000	-5,611,000	-5,275,000	-5,139,000	-5,062,000	-4,531,000	-4,665,000	-4,415,000	-3,994,000	-3,260,000	-2,677,000
loss on extinguishment of debt	-1,000								-4,966,000
other	20,000	32,000	24,000	16,000	25,000	27,000	23,000	26,000	34,000	23,000	23,000	57,000	24,000	23,000	27,000	21,000	20,000	19,000	18,000	45,000	25,000	19,000	20,000	24,000	23,000	27,000	21,000	12,000	20,000	20,000	22,000	19,000	6,000	5,000	3,000	12,000	7,000	5,000	16,000	7,000	7,000	6,000	6,000	5,000	5,000	5,000	5,000	2,000		2,000	2,000	1,975	3,579
total other expense	-48,947,000	-48,273,000	-47,042,000	-47,658,000	-47,344,000	-48,589,000	-55,556,000	-45,671,000	-42,827,000	-55,347,000	-39,797,000	-27,438,000	-39,766,000	-37,968,000	-35,115,000	-33,058,000	-31,818,000	-32,947,000	-32,204,000	-32,305,000	-32,263,000	-32,317,000	-31,984,000	-31,791,000	-32,455,000	-32,957,000	-32,605,000	-32,667,000	-28,837,000	-27,232,000	-25,421,000	-25,663,000	-9,213,000	-6,891,000	-6,554,000	-5,990,000	-5,667,000	-5,606,000	-5,259,000	-5,132,000	-5,055,000	-4,525,000	-4,659,000	-4,410,000	-3,989,000	-3,255,000	-2,672,000
net income before income tax expense	42,464,000	21,973,000	36,895,000	28,950,000	22,047,000	25,940,000	20,120,000	31,701,000	24,045,000	13,196,000	21,157,000	23,989,000	11,291,000	8,725,000	9,988,000	9,341,000	3,280,000	3,389,000	4,427,000	2,840,000	497,000	-1,124,000	6,787,000	3,103,000	-602,165,000	10,844,000	13,559,000	10,224,000	6,691,000			2,926,000	-15,300,000	4,636,000	4,954,000	687,000	1,701,000	3,288,000	-2,072,000	3,368,000	8,772,000	-159,849,000	10,888,000	-15,762,000	11,535,000	8,500,000	5,013,000	7,518,000	4,018,000	4,541,000	1,775,000	2,459,625	2,576,291
income tax expense	4,122,000	536,000	2,407,000	391,000	1,535,000	503,000	793,000	463,000	472,000	355,000	255,000	405,000	350,000	359,000	376,000	255,000	26,000	284,000	312,000	152,000	126,000	350,000	268,000	419,000	296,000	1,563,000	244,000	275,000	104,000	-850,000	-918,000	-271,000	70,000	90,000	165,000	134,000	149,000	19,000	74,000	94,000	234,000	-219,000	1,083,000	142,000	79,000				103,000	104,000	63,000	58,192	55,490
net income	38,342,000	27,760,000	34,488,000	28,559,000	20,512,000	25,437,000	19,327,000	31,238,000	23,573,000	12,841,000	20,902,000	23,584,000	10,941,000	8,366,000	9,612,000	9,086,000	3,254,000	3,105,000	4,115,000	2,688,000	371,000	-1,474,000	6,519,000	2,684,000	-602,461,000	9,281,000	13,315,000	9,949,000	6,587,000	10,185,000	-563,000	3,197,000	-15,370,000	4,546,000	4,789,000	553,000	1,552,000	3,269,000	-2,146,000	3,274,000	8,538,000	-159,630,000	9,805,000	-15,904,000	11,456,000	8,500,000	5,013,000	7,518,000	3,915,000	4,437,000	1,712,000	2,401,433	2,520,801
yoy	86.92%	9.13%	78.44%	-8.58%	-12.99%	98.09%	-7.54%	32.45%	115.46%	53.49%	117.46%	159.56%	236.23%	169.44%	133.58%	238.02%	777.09%	-310.65%	-36.88%	0.15%	-100.06%	-115.88%	-51.04%	-73.02%	-9246.21%	-8.88%	-2465.01%	211.20%	-142.86%	124.04%	-111.76%	478.12%	-1090.34%	39.06%	-323.16%	-83.11%	-81.82%	-102.05%	-121.89%	-120.59%	-25.47%	-1978.00%	95.59%	-311.55%	192.62%	91.57%	192.82%	213.06%	55.31%
qoq	38.12%	-19.51%	20.76%	39.23%	-19.36%	31.61%	-38.13%	32.52%	83.58%	-38.57%	-11.37%	115.56%	30.78%	-12.96%	5.79%	179.23%	4.80%	-24.54%	53.09%	624.53%	-125.17%	-122.61%	142.88%	-100.45%	-6591.34%	-30.30%	33.83%	51.04%	-35.33%	-1909.06%	-117.61%	-120.80%	-438.10%	-5.07%	766.00%	-64.37%	-52.52%	-252.33%	-165.55%	-61.65%	-105.35%	-1728.05%	-161.65%	-238.83%	34.78%	69.56%	-33.32%	92.03%	-11.76%	159.17%	-28.71%	-4.74%
net income margin %	11.57%	10.99%	13.78%	11.42%	8.36%	10.34%	8.05%	13.28%	10.28%	5.71%	9.63%	11.40%	5.55%	4.40%	5.35%	5.30%	1.99%	1.94%	2.59%	1.72%	0.24%	-0.93%	4.03%	1.59%	-336.57%	5.21%	7.58%	5.73%	3.86%	5.92%	-0.33%	1.92%	-19.77%	6.03%	6.58%	0.84%	2.35%	4.36%	-3.51%	5.16%	12.86%	-232.65%	13.90%	-23.96%	17.62%	13.94%	8.79%	14.11%	7.80%	9.12%	4.46%	7.21%	7.73%
less: distributions on preferred units			-1,950,000	-1,950,000	-4,388,000	-4,387,000	-4,388,000	-4,387,000	-4,388,000	-11,212,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000
net income attributable to common unitholders’ interests	38,342,000	27,760,000	32,538,000	26,609,000	16,124,000	21,050,000	14,939,000	26,851,000	19,185,000	1,629,000	8,714,000	11,396,000
weighted-average common units outstanding – basic	142,750,000	120,756,000	122,678,000	119,003,000	117,513,000	113,389,000	117,017,000	116,849,000	102,535,000	98,634,000	98,292,000	98,271,000											96,882,000	96,781,000
weighted-average common units outstanding – diluted	143,131,000	121,274,000	123,086,000	119,503,000	118,254,000	114,501,000	118,256,000	117,972,000	103,606,000	100,675,000	100,263,000	99,694,000											96,882,000	96,781,000
basic and diluted net income per common unit	270			220	140	135	130		190													-1,627.5	-60	-100		2.5	20	10					-230	70	70	3	20
distributions declared per common unit for respective periods	525	525	525	525	525	525	525	525	525	525	525	525	525	525	525	525	525	393.75	525	525	525	393.75	525	525	525	393.75	525	525	525	262.5	525	525
gain on derivative instrument							-6,218,000	3,131,000	8,771,000	-10,538,000	3,437,000	14,550,000
basic net income per common unit		220	270					230		20	90	120
diluted net income per common unit		220	260					230		10	90	110
impairment of compression equipment						77,750		311,000			882,000	10,273,000	1,191,000	551,000	504,000		432,000	168,000		2,403,000	2,550,000	2,461,000	1,706,000	3,923,000		2,660,000			3,234,000	6,374,000	2,292,000			163,000	1,096,000	2,601,000	1,112,000	1,626,000	3,441,000	693,000		2,000	443,000	26,829,000		1,103,000	1,163,000
gain on disposition of assets													-376,000				-179,000			-1,105,000	-1,255,000												-324,000
net loss attributable to common unitholders’ interests													-1,246,000	-3,821,000	-2,576,000	-3,102,000	-8,933,000	-7,347,250	-8,073,000	-9,500,000	-11,816,000
weighted-average common units outstanding – basic and diluted													98,247,000	97,780,000	97,968,000	97,728,000	97,365,000	97,068,000	97,085,000	97,044,000	96,989,000	96,816,000			96,707,000	92,911,000
basic and diluted net loss per common unit													-10	-40	-30	-30	-90	-100	-80	-100	-120				-6,360				-20	50	-100
selling, general and administrative														10,960,500	14,663,000	13,914,000	15,265,000	13,470,000	13,524,000	15,288,000	13,800,000	14,565,000	12,716,000	20,315,000	12,385,000	15,561,000	16,631,000	16,210,000	15,995,000	16,104,000	17,753,000	27,177,000	33,495,000	13,840,000	11,888,000	10,632,000	11,123,000	10,987,000	12,577,000	11,180,000	9,739,000	10,520,000	10,351,000	10,350,000	9,729,000	9,620,000	10,443,000		8,469,000
impairment of goodwill																									619,411,000
net income attributable to common and class b unitholders’ interests																						-157,455,250	-5,669,000			-1,678,000	1,127,000
net income attributable to:
common units																						-13,661,000	-5,669,000	-9,504,000	-614,648,000	-2,817,000	2,084,000	1,047,000	-2,088,000	1,132,000	-8,768,000			4,149,000	4,390,000	209,000	1,199,000	2,924,000	-2,418,000	2,929,000	10,835,000	-111,381,000	7,185,000	-11,043,000	7,748,000	5,678,000	3,338,000	5,332,000	2,409,000	2,609,000	941,000
class b units																										-89,000	-957,000	-3,286,000	-3,512,000	-3,135,000	-3,983,000
weighted-average class b units outstanding – basic and diluted																										3,681,000
basic and diluted net loss per class b unit																										-550	-470	-510	-550	-490	-620
net loss attributable to common and class b unitholders’ interests																								-9,504,000	-614,648,000			-2,239,000	-5,600,000
net loss attributable to:
weighted-average common units outstanding - basic																											94,625,000	90,209,000
weighted-average common units outstanding - diluted																											94,846,000	90,421,000
weighted-average class b units outstanding - basic and diluted																											2,017,000	6,398,000	6,398,000	6,398,000	6,398,000	6,398,000
weighted-average common units outstanding - basic and diluted																													90,060,000	74,481,000	89,973,000
net loss before income tax expense																														9,335,000	-1,481,000
less: preferred unit distributions																														-6,060,500	-12,188,000	-12,054,000
net loss attributable to common and class b unitholders' interests																														-2,003,000	-12,751,000	-8,857,000
weighted-average common units outstanding:
basic																																89,906,000	62,264,000	61,555,000	61,815,000	61,396,000	60,877,000	53,043,000	55,086,760,000	54,505,856,000	46,104,274,000	34,109,547,000	34,123,395,000	32,449,180,000	31,695,384,000	28,087,498,000	30,460,239,000	27,290,699,000	23,805,520,000	18,043,075,000	17,947,000	15,196,880	15,048,588
diluted																																89,906,000	62,264,000	61,835,000	62,084,000	61,559,000	61,154,000	53,344,000	55,301,959,000	54,751,902,000	46,104,274,000	34,109,547,000	34,233,579,000	32,449,180,000	31,832,299,000	28,146,446,000	30,517,689,000	27,327,545,000	23,907,259,000	18,086,745,000	17,989,000	15,241,866	15,048,588
basic and diluted net loss per common unit and class b unit																																-640
net income allocated to:
general partner’s interest in net income																																	-773,000	397,000	399,000	344,000	353,000	345,000	272,000	345,000	414,000	-2,255,000	411,000		372,000	293,000	194,000	188,000	85,000	89,000	34,000	48,029	39,715
limited partners’ interest in net income																																	-14,597,000
distributions declared per limited partner unit for respective periods																																	525	393.75	525	525	525	393.75	525	525	525	391.25	525	525	515
limited partners’ interest in net income:
subordinated units																																									-2,711,000	-45,994,000	2,209,000	-4,854,000	3,336,000	2,529,000	1,481,000	1,998,000	1,421,000	1,739,000	737,000
basic and diluted weighted-average subordinated units outstanding																																						1,766,000
basic and diluted net loss per subordinated unit
gain on sale of assets																																					-244,000				-122,000
loss on sale of assets																																						-23,000	-155,000	1,072,000		-1,742,000	920,000	-23,000	-195,000	-5,000	63,000		229,000	231,000		129,689
weighted-average subordinated units outstanding:
basic and diluted																																									7,101,484,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,049,000	14,048,588
net income per common unit:
basic and diluted																																						55	-40		-380	-3,270	160	-350	240	180	110	140	100	120	50	0.08
net income per subordinated unit:
net income per common unit:
basic																																								50	240	-3,270	210	-340	240	190	110	200	100	120	50	0.08	0.07
diluted																																								50	240	-3,270	210	-340	240	190	110	200	100	120	50	0.08	0.07
net income per subordinated unit:
basic and diluted																																						55	-40		-380	-3,270	160	-350	240	180	110	140	100	120	50	0.08
less:
earnings allocated to general partner prior to initial public offering on january 18, 2013																																																					5,351
earnings available for limited partners prior to initial public offering on january 18, 2013																																																					529,743
net income subsequent to initial public offering on january 18, 2013																																														8,500,000	5,013,000	7,518,000	3,915,000	4,437,000	1,712,000	2,401,433	1,985,707
net income subsequent to initial public offering allocated to:
distributions paid per limited partner unit in respective periods																																														367.5	500	490	480
distributions declared and paid per limited partner unit in respective periods																																																		197.5	440	0.348
common units interest in net income																																																				1,227,132	1,006,753
subordinated units interest in net income																																																				1,126,272	939,239
weighted-average subordinated units outstanding:

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31

assets
current assets:
cash and cash equivalents	8,564,000		2,000	2,000	14,000	79,000	9,000	8,000	11,000	6,000	31,000	6,000	35,000	6,000		15,000		250,000	2,000	99,000	2,000	2,000	2,000	2,000	10,000	2,000	2,000	227,000	2,830,000	2,527,000	710,506,000	923,000	319,000	7,000	7,000	7,000	7,000	7,000	7,000	6,000	7,000	7,000	7,000	7,000	7,000	6,500	6,500	6,500
accounts receivable	80,823,000	100,883,000	91,777,000	95,275,000	88,478,000	99,095,000	106,045,000	100,704,000	95,421,000	96,888,000	86,810,000	80,208,000	83,822,000
related-party receivables	1,653,000	2,982,000	6,752,000	2,092,000	636,000	7,163,000	140,000	974,000		449,000	2,875,000	246,000	52,000
inventories	134,488,000	137,416,000	135,569,000	134,332,000	133,901,000	146,755,000	131,283,000	129,323,000	114,728,000	106,457,000	101,419,000	96,346,000	93,754,000	91,780,000	90,204,000	89,799,000	85,816,000	84,527,000	84,446,000	84,740,000	84,632,000	89,538,000	91,940,000	91,724,000	91,923,000	92,520,000
prepaid expenses and other assets	11,047,000	10,293,000	10,945,000	11,557,000	11,967,000	9,261,000	11,120,000	10,609,000	10,617,000	9,157,000	10,147,000	9,134,000	8,784,000	8,762,000	9,025,000	6,935,000	6,016,000	6,041,000	4,089,000	2,923,000	2,444,000	2,931,000	3,847,000	2,752,000	2,196,000	3,360,000	3,781,000	2,842,000	4,195,000	5,019,000
total current assets	236,575,000	251,574,000	245,045,000	243,258,000	234,996,000	262,353,000	255,775,000	248,790,000	226,447,000	223,687,000	211,576,000	185,940,000	186,447,000	180,132,000	217,683,000	211,666,000	204,987,000	198,939,000	198,741,000	204,268,000	199,555,000	214,087,000	216,983,000	223,700,000	230,923,000	232,698,000	240,586,000	226,244,000	229,543,000	216,291,000	786,278,000	79,433,000	73,675,000	77,211,000	55,168,000	51,625,000	52,936,000	56,610,000	48,936,000	45,275,000	36,722,000	43,379,000	37,759,000	32,776,000	23,163,000	18,193,300	17,553,399	14,776,490
property and equipment	2,162,624,000	2,180,728,000	2,200,423,000	2,237,783,000	2,273,376,000	2,291,976,000	2,308,587,000	2,291,153,000	2,237,625,000	2,198,137,000	2,187,255,000	2,174,487,000	2,172,924,000	2,177,851,000	2,178,383,000	2,193,007,000	2,222,336,000	2,256,930,000	2,290,786,000	2,332,212,000	2,380,633,000	2,419,437,000	2,455,586,000	2,485,055,000	2,482,943,000	2,497,456,000	2,499,694,000	2,502,392,000	2,541,343,000	2,515,150,000	1,320,198,000	1,267,512,000	1,262,898,000	1,270,995,000	1,287,786,000	1,300,561,000	1,304,312,000	1,302,554,000	1,264,877,000	1,250,193,000	1,075,939,000	994,624,000	929,105,000	852,966,000	815,299,000	641,630,317	627,296,627	610,129,710
lease right-of-use assets	13,716,000	14,501,000	14,517,000	13,708,000	14,336,000	15,374,000	16,252,000	16,625,000	17,290,000	17,538,000	17,485,000	17,640,000	18,195,000	19,117,000	19,393,000	19,929,000	20,173,000	20,927,000	21,389,000	22,220,000	22,766,000	23,556,000	24,101,000	24,886,000	18,317,000
identifiable intangible assets	186,893,000	194,238,000	201,583,000	208,928,000	216,273,000	223,618,000	230,962,000	238,307,000	245,652,000	252,997,000	260,342,000	267,687,000	275,032,000	282,377,000	289,722,000	297,067,000	304,411,000	311,756,000	319,101,000	326,446,000	333,791,000	341,136,000	348,481,000	355,826,000	363,171,000	370,515,000	377,860,000	385,205,000	398,788,000	406,686,000	70,841,000	72,520,000	73,397,000	74,293,000	76,085,000	76,981,000	77,877,000	79,669,000	80,565,000	81,461,000	83,253,000	84,150,000
other assets	20,123,000	18,173,000	9,749,000	9,443,000	6,620,000	10,306,000	8,989,000	8,961,000	9,746,000	10,542,000	11,340,000	12,120,000	13,126,000	13,914,000	14,711,000	15,283,000	16,072,000	7,999,000	9,293,000	10,805,000	11,955,000	13,116,000	12,538,000	13,620,000	15,642,000	27,197,000	17,158,000	18,643,000	17,423,000	18,365,000	5,284,000	5,093,000	5,659,000	6,199,000	7,277,000	7,842,000	8,365,000	7,259,000	7,671,000	8,093,000	5,395,000	5,434,000	5,937,000	6,146,000	3,913,000	4,379,620	4,843,370	9,111,350
total assets	2,619,931,000	2,659,214,000	2,671,317,000	2,713,120,000	2,745,601,000	2,803,627,000	2,821,605,000	2,804,217,000	2,736,760,000	2,706,414,000	2,691,038,000	2,657,874,000	2,665,724,000	2,673,391,000	2,719,892,000	2,736,952,000	2,767,979,000	2,796,551,000	2,839,310,000	2,895,951,000	2,948,700,000	3,011,332,000	3,057,689,000	3,103,087,000	3,730,407,000	3,751,230,000	3,759,671,000	3,757,847,000	3,814,052,000	3,784,718,000	2,228,201,000	1,471,945,000	1,463,885,000	1,477,806,000	1,477,083,000	1,488,582,000	1,495,854,000	1,672,184,000	1,628,890,000	1,612,597,000	1,430,312,000	1,355,791,000	1,265,902,000	1,185,884,000	1,136,975,000	901,318,432	887,564,591	872,644,745
liabilities, preferred units, and partners’ deficit
current liabilities:
accounts payable	20,122,000	24,677,000	27,370,000	30,102,000	27,245,000	31,632,000	35,654,000	34,296,000	39,781,000	37,030,000	36,627,000	39,444,000	35,303,000	39,274,000	26,246,000	22,688,000	22,538,000	16,564,000	15,314,000	13,869,000	13,531,000	12,274,000	30,187,000	25,809,000	21,703,000	26,272,000	24,885,000	19,593,000	52,681,000	28,026,000	18,585,000	9,608,000	16,718,000	23,029,000	20,128,000	16,421,000	10,373,000	11,646,000	20,144,000	22,536,000	29,985,000	15,130,000	19,570,000	34,629,000	10,325,000	4,551,922	8,044,516	10,650,727
related-party payables	7,997,000	16,815,000	8,638,000		105,000
accrued liabilities	93,785,000	78,394,000	92,445,000	67,959,000	99,428,000	83,603,000	103,179,000	73,961,000	85,132,000	77,593,000	87,891,000	54,896,000	76,016,000	58,993,000	129,360,000	92,513,000	113,891,000	101,319,000	119,747,000	87,368,000	109,539,000	88,003,000	112,527,000	87,919,000	119,383,000	99,307,000	112,119,000	79,150,000	86,542,000	91,930,000	62,429,000	26,373,000	20,110,000	14,733,000	24,663,000	23,872,000	12,797,000	39,699,000	22,281,000	19,234,000	35,560,000	29,469,000	25,367,000	10,412,000	16,250,000	7,021,818	6,458,390	5,590,028
deferred revenue	65,013,000	64,894,000	64,469,000	63,790,000	63,900,000	67,896,000	65,746,000	65,467,000	62,589,000	63,053,000	62,981,000	61,628,000	62,345,000	59,878,000	54,545,000	51,853,000	51,216,000	49,576,000	48,794,000	48,792,000	47,202,000	45,537,000	44,722,000	48,594,000	48,289,000	47,161,000	39,993,000	34,540,000	34,238,000	35,594,000	29,451,000	22,778,000	19,677,000	17,261,000	16,386,000	16,186,000	16,821,000	17,087,000	16,880,000	16,671,000	14,306,000	13,736,000	12,428,000	11,912,000	11,675,000	11,122,513	10,690,978	10,611,395
total current liabilities	186,917,000	184,780,000	192,922,000	166,006,000	190,678,000	183,131,000	204,579,000	173,724,000	187,502,000	177,676,000	187,499,000	155,968,000	173,664,000	158,145,000	210,151,000	167,054,000	187,645,000	167,459,000	183,855,000	150,029,000	170,272,000	145,814,000	187,436,000	162,322,000	189,375,000	172,742,000	176,997,000	133,283,000	173,461,000	155,575,000	110,465,000	58,759,000	56,505,000	55,023,000	61,177,000	56,479,000	39,991,000	68,432,000	59,305,000	58,441,000	79,851,000	58,335,000	57,365,000	56,953,000	38,250,000	22,696,253	25,193,884	26,852,150
long-term debt	2,523,970,000	2,529,382,000	2,503,566,000	2,536,147,000	2,502,557,000	2,532,398,000	2,484,053,000	2,462,530,000	2,336,088,000	2,276,449,000	2,212,792,000	2,170,421,000	2,106,649,000	2,078,066,000	2,017,326,000	2,023,183,000	1,973,234,000	1,961,697,000	1,928,413,000	1,956,751,000	1,927,005,000	1,949,176,000	1,899,070,000	1,909,578,000	1,852,360,000	1,843,309,000	1,811,106,000	1,808,309,000	1,730,763,000	1,658,368,000	1,526,865,000	752,000,000	725,000,000	714,823,000	743,938,000	735,120,000	743,112,000	712,314,000	753,011,000	711,692,000	509,681,000	451,960,000	503,559,000	420,933,000	390,306,000	352,952,018	335,597,962	502,266,210
operating lease liabilities	10,704,000	11,402,000	11,645,000	10,904,000	11,678,000	12,601,000	13,401,000	13,903,000	14,731,000	15,119,000	15,132,000	15,510,000	16,146,000	17,026,000	17,446,000	18,066,000	18,551,000	19,313,000	19,880,000	20,643,000	21,220,000	21,980,000	22,615,000	23,306,000	17,343,000
other liabilities	10,842,000	10,462,000	11,198,000	11,965,000	12,930,000	13,942,000	11,931,000	12,230,000	10,924,000	10,482,000	6,496,000	7,127,000	8,255,000	7,911,000	9,725,000	9,722,000	10,132,000	13,248,000	13,769,000	15,405,000	15,239,000	15,384,000	13,621,000	13,956,000	13,422,000	23,950,000	14,400,000	10,304,000	5,759,000	7,103,000	1,538,000	1,513,000	1,242,000	1,221,000	1,082,000	1,008,000	976,000	1,076,000						271,000	169,000	86,731
total liabilities	2,732,433,000	2,736,026,000	2,719,331,000	2,725,022,000	2,717,843,000	2,742,072,000	2,713,964,000	2,662,387,000	2,553,711,000	2,479,726,000	2,421,919,000	2,349,026,000	2,304,714,000	2,261,148,000	2,254,648,000	2,218,025,000	2,189,562,000	2,161,717,000	2,145,917,000	2,142,828,000	2,133,736,000	2,132,354,000	2,122,742,000	2,109,162,000	2,072,500,000	2,040,001,000	2,002,503,000	1,951,896,000	1,909,983,000	1,821,046,000
commitments and contingencies
preferred units		73,402,000	73,401,000	168,809,000	168,809,000	168,809,000	168,809,000	431,402,000	476,334,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	477,309,000	465,121,000
partners’ deficit:
common units, 126,795,135 and 117,314,783 units issued and outstanding, respectively	-112,502,000
total liabilities, preferred units, and partners’ deficit	2,619,931,000	2,659,214,000	2,671,317,000	2,713,120,000	2,745,601,000	2,803,627,000	2,821,605,000	2,804,217,000	2,736,760,000	2,706,414,000	2,691,038,000	2,657,874,000
common units, 122,685,471 and 117,314,783 units issued and outstanding, respectively		-150,214,000
common units, 122,581,952 and 117,314,783 units issued and outstanding, respectively			-121,415,000
related party payables				4,155,000																						2,000				25,000
common units, 117,540,788 and 117,314,783 units issued and outstanding, respectively				-180,711,000
derivative instrument							7,178,000	7,172,000	5,670,000	10,730,000	10,294,000
derivative instrument, long term							1,040,000	381,000	4,466,000	3,513,000	3,040,000
common units, 117,314,783 and 100,986,011 units issued and outstanding, respectively					-141,051,000
common units, 117,022,833 and 100,986,011 units issued and outstanding, respectively						-107,254,000
common units, 117,007,411 and 100,986,011 units issued and outstanding, respectively							-61,168,000
common units, 103,001,911 and 100,986,011 units issued and outstanding, respectively								-289,572,000
common units, 100,986,011 and 98,227,656 units issued and outstanding, respectively									-293,285,000
warrants										8,812,000	8,812,000	8,812,000	8,812,000	8,812,000	8,812,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000	13,979,000
total partners’ deficit									-293,285,000	-250,621,000	-208,190,000	-168,461,000
common units, 98,299,245 and 98,227,656 units issued and outstanding, respectively										-259,433,000
common units, 98,278 and 98,228 units issued and outstanding, respectively											-217,002,000
common units, 98,258 and 98,228 units issued and outstanding, respectively												-177,273,000
liabilities, preferred units, and partners’ capital
partners’ capital
common units, 98,228 and 97,345 units issued and outstanding, respectively													-125,111,000
total partners’ capital													-116,299,000	-65,066,000	-12,065,000	41,618,000	101,108,000	157,525,000	216,084,000	275,814,000	337,655,000	401,669,000	457,638,000	516,616,000	1,180,598,000	1,233,920,000	1,279,859,000	1,328,642,000			589,333,000	659,673,000	681,138,000	706,739,000	670,886,000	695,975,000	711,775,000	890,362,000	816,574,000	842,464,000	840,780,000	845,496,000	704,978,000	707,727,000	708,250,000	525,583,430	526,772,745	343,526,385
total liabilities, preferred units, and partners’ capital													2,665,724,000
revenues:
contract operations													673,214,000	171,019,000	163,969,000	157,668,000	609,450,000	151,622,000	151,800,000	152,525,000	644,194,000	156,632,000	162,993,000	172,794,000		166,197,000	162,937,000	163,976,000	158,664,000	155,261,000	76,716,000	68,407,000	63,325,000	60,432,000	60,282,000	62,785,000	64,278,000	68,227,000	65,552,000	64,035,000	55,293,000	52,678,000	49,344,000	150,360,000	37,925,000	33,144,233	31,895,626	116,373,114
parts and service													15,729,000	4,901,000	3,605,000	1,926,000	11,228,000	4,122,000	1,818,000	2,038,000	11,117,000	1,986,000	2,736,000	3,048,000		4,460,000	4,400,000	2,684,000	6,012,000	7,074,000	1,023,000	4,384,000	2,689,000	5,600,000	848,000	726,000	2,089,000	2,313,000	838,000	965,000	1,752,000	588,000	858,000	2,558,000	437,000	165,880	708,215	2,413,611
related party													15,655,000	3,693,000	3,887,000	3,818,000	11,967,000	2,883,000	2,944,000	2,950,000	12,372,000	3,048,000	2,922,000	3,157,000		5,099,000	6,338,000	4,086,000	4,271,000	4,563,000
total revenues													704,598,000	179,613,000	171,461,000	163,412,000	632,645,000	158,627,000	156,562,000	157,513,000	667,683,000	161,666,000	168,651,000	178,999,000		175,756,000	173,675,000	170,746,000	168,947,000	166,898,000	77,739,000	72,791,000	66,014,000	66,032,000	61,130,000	63,511,000	66,367,000	70,540,000	66,390,000	65,000,000	57,045,000	53,266,000	50,202,000	152,918,000	38,362,000	33,310,113	32,603,841	118,786,725
costs and expenses:
cost of operations, exclusive of depreciation and amortization													234,336,000	59,453,000	55,158,000	53,732,000	194,389,000	49,159,000	45,604,000	48,628,000	205,939,000	46,715,000	49,968,000	59,165,000		57,423,000	56,245,000	57,025,000	64,309,000	57,533,000	25,543,000	23,441,000	21,583,000	22,522,000	18,885,000	18,654,000	20,829,000	21,919,000	19,079,000	19,211,000	19,430,000	17,997,000	17,717,000	48,097,000	11,922,000	10,131,215	10,420,024	37,795,685
depreciation and amortization													236,677,000	58,772,000	58,959,000	59,064,000	238,769,000	59,265,000	59,227,000	61,030,000	238,968,000	60,072,000	60,338,000	58,762,000		57,513,000	56,783,000	58,924,000	59,403,000	52,868,000	25,112,000	24,808,000	24,534,000	24,151,000	23,195,000	23,412,000	22,094,000	21,360,000	21,507,000	20,731,000	18,261,000	17,044,000	16,220,000	52,917,000	13,377,000	12,172,639	11,677,875	41,880,318
selling, general, and administrative													61,278,000																													10,186,000			8,313,000	5,548,408	4,894,798	18,268,003
gain on disposition of assets													1,527,000	1,118,000	1,031,000	-179,000	-2,588,000	48,000	-1,105,000	-1,255,000		1,686,000	-787,000	-1,014,000		-1,975,000			1,250,000	731,000	-324,000	50,000	-13,000
impairment of compression equipment													1,487,000	504,000		432,000	5,121,000		2,403,000	2,550,000	8,090,000	1,706,000	3,923,000					3,234,000	2,292,000			1,096,000	2,601,000	1,112,000	3,441,000	693,000		443,000	26,829,000		1,163,000			203,000
impairment of goodwill																					619,411,000			619,411,000
total costs and expenses													535,305,000	134,510,000	129,062,000	128,314,000	491,773,000	121,996,000	121,417,000	124,753,000	1,132,535,000	122,895,000	133,757,000	748,709,000		129,592,000	130,784,000	135,218,000	145,007,000	138,309,000	83,826,000	61,283,000	59,337,000	58,664,000	57,943,000	55,011,000	52,540,000	54,993,000	77,742,000	49,476,000	49,360,000	42,707,000	42,635,000	129,088,000	33,560,000	27,981,951	26,967,466	98,210,123
operating income													169,293,000	45,103,000	42,399,000	35,098,000	140,872,000	36,631,000	35,145,000	32,760,000	-464,852,000	38,771,000	34,894,000	-569,710,000		46,164,000	42,891,000	35,528,000	23,940,000	28,589,000	-6,087,000	11,508,000	6,677,000	7,368,000	3,187,000	8,500,000	13,827,000	15,547,000	-11,352,000	15,524,000	7,685,000	10,559,000	7,567,000	23,830,000	4,802,000	5,328,162	5,636,375	20,576,602
other income:
interest expense													-138,050,000	-35,142,000	-33,079,000	-31,838,000	-129,826,000	-32,222,000	-32,350,000	-32,288,000	-128,633,000	-32,004,000	-31,815,000	-32,478,000		-32,626,000	-32,679,000	-28,857,000	-25,443,000	-25,682,000	-9,219,000	-6,557,000	-6,002,000	-5,674,000	-5,275,000	-5,139,000	-5,062,000	-4,665,000	-4,415,000	-3,994,000	-2,677,000
other													91,000	104,000	69,000	212,000	39,000	40,000	3,197,000	1,898,000	3,707,000	5,366,000	4,656,000	5,503,000	11,057,000	7,333,000	3,914,000	4,816,000	3,753,000	3,602,000	3,633,000	8,698,000	8,835,000	9,000,000	3,228,000	3,153,000	3,065,000	3,188,000	2,874,000	2,819,000	2,779,000	2,710,000	63,000	350,000	193,000	46,385	129,079	136,907
total other income													-137,959,000	-35,115,000	-33,058,000	-31,818,000	-129,719,000	-32,204,000	-32,305,000	-32,263,000	-128,547,000	-31,984,000	-31,791,000	-32,455,000		-32,605,000	-32,667,000	-28,837,000	-25,421,000	-25,663,000	-9,213,000	-6,554,000	-5,990,000	-5,667,000	-5,259,000	-5,132,000	-5,055,000	-4,659,000	-4,410,000	-3,989,000	-2,672,000
net income before income tax expense													31,334,000	9,988,000	9,341,000	3,280,000	11,153,000	4,427,000	2,840,000	497,000		6,787,000	3,103,000	-602,165,000							-15,300,000	4,954,000	687,000	1,701,000	-2,072,000	3,368,000	8,772,000	10,888,000	-15,762,000	11,535,000	5,013,000	7,518,000	4,018,000	11,351,000	1,775,000	2,459,625	2,576,291	4,699,478
income tax expense													1,016,000	376,000	255,000	26,000	874,000	312,000	152,000	126,000		268,000	419,000	296,000							70,000	165,000	134,000	149,000	74,000	94,000	234,000	1,083,000	142,000	79,000			103,000	280,000	63,000	58,192	55,490	196,040
net income													30,318,000	9,612,000	9,086,000	3,254,000	10,279,000	4,115,000	2,688,000	371,000	-594,732,000	6,519,000	2,684,000	-602,461,000		13,315,000	9,949,000	6,587,000	-563,000	3,197,000	-15,370,000	4,789,000	553,000	1,552,000	-2,146,000	3,274,000	8,538,000	9,805,000	-15,904,000	11,456,000	5,013,000	7,518,000	3,915,000	11,071,000	1,712,000	2,401,433	2,520,801	4,503,438
less: distributions on preferred units													-48,750,000	-12,188,000	-12,188,000	-12,187,000	-48,750,000	-12,188,000	-12,188,000	-12,187,000	-48,750,000	-12,188,000	-12,188,000	-12,187,000		-12,188,000	-12,188,000	-12,187,000
net income attributable to common unitholders’ interests													-18,432,000	-2,576,000	-3,102,000	-8,933,000		-8,073,000	-9,500,000	-11,816,000
weighted-average common units outstanding – basic and diluted													97,780,000	97,968,000	97,728,000	97,365,000	97,068,000	97,085,000	97,044,000	96,989,000	96,816,000			96,707,000
basic and diluted net income per common unit													-190	-30	-30	-90	-400	-80	-100	-120	-6,650	-60	-100	-6,360		20	10	-20	-100		-230	70	3	20
distributions declared per common unit for respective periods													2,100	525	525	525		525	525	525		525	525	525		525	525	525	525	525
accounts receivable:
trade, net of allowances for credit losses of 1,241 and 2,057, respectively														79,410,000
related party receivables														70,000	45,920,000	45,124,000	44,941,000	45,004,000	44,963,000	44,923,000	45,043,000	44,942,000	45,312,000	45,234,000	45,461,000	48,557,000	47,009,000	45,589,000	46,712,000	46,867,000
liabilities, preferred units and partners’ capital
common units, 97,995 and 97,345 units issued and outstanding, respectively														-73,878,000
total liabilities, preferred units and partners’ capital														2,673,391,000	2,719,892,000	2,736,952,000	2,767,979,000	2,796,551,000	2,839,310,000	2,895,951,000	2,948,700,000	3,011,332,000	3,057,689,000	3,103,087,000	3,730,407,000	3,751,230,000
selling, general and administrative														14,663,000	13,914,000	15,265,000	56,082,000	13,524,000	15,288,000	13,800,000	59,981,000	12,716,000	20,315,000	12,385,000		16,631,000	16,210,000	15,995,000	17,753,000	27,177,000	33,495,000	11,888,000	10,632,000	11,123,000	12,577,000	11,180,000	9,739,000	10,351,000	10,350,000	9,729,000	10,443,000		8,469,000	27,587,000
trade, net of allowances for credit losses of 1,254 and 2,057, respectively															72,465,000
common units, 97,941 and 97,345 units issued and outstanding, respectively															-20,877,000
trade, net of allowances for credit losses of 1,493 and 2,057, respectively																69,581,000
partners’ capital:
common units, 97,377 and 97,345 units issued and outstanding, respectively																27,639,000
trade, net of allowances for credit losses of 2,057 and 4,982, respectively																	68,175,000
common units, 97,345 and 96,962 units issued and outstanding, respectively																	87,129,000
net income attributable to common and class b unitholders’ interests																	-38,471,000				-643,482,000	-5,669,000	-9,504,000	-614,648,000		1,127,000	-2,239,000	-5,600,000
net income attributable to:
common units																	-38,471,000				-643,482,000	-5,669,000	-9,504,000	-614,648,000		2,084,000	1,047,000	-2,088,000	-8,768,000			4,390,000	209,000	1,199,000	-2,418,000	2,929,000	10,835,000	7,185,000	-11,043,000	7,748,000	3,338,000	5,332,000	2,409,000	5,805,000	941,000
class b units																										-957,000	-3,286,000	-3,512,000	-3,983,000
weighted-average class b units outstanding – basic and diluted
basic and diluted net income per class b unit																										-470	-510	-550	-620
distributions declared per common unit																	2,100				2,100
trade, net of allowances for credit losses of 2,388 and 4,982, respectively																		63,077,000
common units, 97,096 and 96,962 units issued and outstanding, respectively																		143,546,000
trade, net of allowances for credit losses of 3,538 and 4,982, respectively																			62,044,000
common units, 97,067 and 96,962 units issued and outstanding, respectively																			202,105,000
trade, net of allowances for credit losses of 3,541 and 4,982, respectively																				69,685,000
common units, 97,022 and 96,962 units issued and outstanding, respectively																				261,835,000
trade, net of allowances for credit losses of 4,982 and 2,479, respectively																					63,727,000
goodwill																									619,411,000	619,411,000	619,411,000	619,411,000	619,411,000	619,411,000	35,866,000	35,866,000	35,866,000	35,866,000	35,866,000	35,866,000	35,866,000	208,055,000	208,055,000	208,055,000	208,055,000	208,055,000	208,055,000	208,055,000	207,763,000	157,075,195	157,075,195	157,075,195
common units, 96,962 and 96,632 units issued and outstanding, respectively																					323,676,000
loss on disposition of assets																					146,000						1,546,000	40,000
net income before income tax benefit																					-593,399,000					13,559,000	10,224,000	6,691,000	-1,481,000	2,926,000
income tax benefit																					1,333,000					244,000	275,000	104,000	-918,000	-271,000
trade, net of allowances for credit losses of 5,204 and 2,479, respectively																						71,308,000
common units, 96,903 and 96,632 units issued and outstanding, respectively																						387,690,000
																						2,020,000	2,020,000	2,020,000		2,019,000	2,019,000
weighted-average common units outstanding – basic																						96,882,000	96,781,000
weighted-average common units outstanding – diluted																						96,882,000	96,781,000
trade, net of allowances for credit losses of 5,361 and 2,479, respectively																							71,226,000
common units, 96,858 and 96,632 units issued and outstanding, respectively																							443,659,000
trade, net of allowances for credit losses of 3,476 and 2,479, respectively																								78,485,000
common units, 96,721 and 96,632 units issued and outstanding as of march 31, 2020 and december 31, 2019, respectively																								502,637,000
trade																									80,276,000	80,926,000	90,348,000	78,990,000	89,010,000	75,836,000	34,794,000	31,379,000	29,481,000	33,370,000	23,258,000	24,911,000	27,737,000	28,723,000	23,056,000	24,653,000	23,800,000	27,982,000	22,703,000	20,079,000	14,030,000	10,830,391	10,276,444	8,618,164
limited partner interest:
common units, 96,632 and 89,984 units issued and outstanding as of december 31, 2019 and december 31, 2018, respectively																									1,166,619,000
class b units, 6,398 units issued and outstanding as of december 31, 2018
accounts receivable, net:
installment receivable																										3,953,000	4,962,000	5,952,000	7,544,000	8,815,000	9,734,000	11,521,000	12,390,000	13,242,000	14,901,000	15,707,000	16,498,000	18,037,000	18,786,000	19,520,000	20,948,000	20,149,000
limited partner interests:
common units, 96,616 and 89,984 units issued and outstanding, respectively																										1,219,941,000
weighted-average common units outstanding - basic																										94,625,000	90,209,000
weighted-average common units outstanding - diluted																										94,846,000	90,421,000
weighted-average class b units outstanding - basic and diluted																										2,017,000	6,398,000	6,398,000	6,398,000	6,398,000
inventory																											95,532,000	93,780,000	83,043,000	82,440,000	34,250,000	35,718,000	31,874,000	31,686,000	26,332,000	20,682,000	19,298,000	22,273,000	20,705,000	15,584,000	8,749,000	10,861,000	12,522,000	9,940,000	7,349,000	5,880,350	5,245,865	4,215,267
liabilities and partners’ capital
common units, 90,202 and 89,984 units issued and outstanding, respectively																											1,197,532,000
class b units, 6,398 units issued and outstanding as of each period																											68,348,000	71,634,000
total liabilities and partners’ capital																											3,759,671,000	3,757,847,000			2,228,201,000	1,471,945,000	1,463,885,000	1,477,806,000	1,477,083,000	1,488,582,000	1,495,854,000	1,672,184,000	1,628,890,000	1,612,597,000	1,430,312,000	1,355,791,000	1,265,902,000	1,185,884,000	1,136,975,000	901,318,432	887,564,591	872,644,745
common units, 90,158 and 89,984 units issued and outstanding, respectively																												1,243,029,000
weighted-average common units outstanding - basic and diluted																												90,060,000	89,973,000
liabilities, partners’ capital and predecessor parent company net investment
common units, 89,967 units issued and outstanding as of september 30, 2018																													1,334,365,000
class b units, 6,398 units issued and outstanding as of september 30, 2018																													78,416,000
predecessor parent company net investment
total partners’ capital and predecessor parent company net investment																													1,426,760,000	1,498,551,000
total liabilities, partners’ capital and predecessor parent company net investment																													3,814,052,000	3,784,718,000
less: preferred unit distributions																													-12,188,000	-12,054,000
net income attributable to common and class b unitholders' interests																													-12,751,000	-8,857,000
common units, 89,953 units issued and outstanding as of june 30, 2018																														1,398,447,000
class b units, 6,398 units issued and outstanding as of june 30, 2018																														86,125,000
weighted-average common units outstanding:
basic																														89,906,000	62,264,000	61,815,000	61,396,000	60,877,000	55,086,760,000	54,505,856,000	46,104,274,000	34,123,395,000	32,449,180,000	31,695,384,000	30,460,239,000	27,290,699,000	23,805,520,000	18,043,075,000	17,947,000	15,196,880	15,048,588
diluted																														89,906,000	62,264,000	62,084,000	61,559,000	61,154,000	55,301,959,000	54,751,902,000	46,104,274,000	34,233,579,000	32,449,180,000	31,832,299,000	30,517,689,000	27,327,545,000	23,907,259,000	18,086,745,000	17,989,000	15,241,866	15,048,588
basic and diluted net income per common unit and class b unit																														-640
prepaid expenses																															3,095,000	2,715,000	3,166,000	3,148,000	2,343,000	2,872,000	2,829,000	2,419,000	2,294,000	2,213,000	1,387,000	1,819,000	2,464,000	2,400,000	1,584,000	1,429,674	1,895,511	1,799,652
common units, 62,444 and 62,194 units issued and outstanding, respectively																															583,929,000
general partner interest																															5,404,000	7,288,000	7,639,000				9,630,000	12,871,000	13,126,000	13,724,000	14,110,000	14,384,000	14,552,000
net income allocated to:
general partner’s interest in net income																															-773,000	399,000	344,000	353,000	272,000	345,000	414,000	411,000		372,000	194,000	188,000	85,000	211,000	34,000	48,029	39,715
limited partners’ interest in net income																															-14,597,000
distributions declared per limited partner unit for respective periods																															525	525	525	525	525	525	525	525	525	515
common units, 62,016,723 and 60,689,110 units issued and outstanding, respectively																																652,385,000
limited partners’ interest in net income:
subordinated units																																					-2,711,000	2,209,000	-4,854,000	3,336,000	1,481,000	1,998,000	1,421,000	4,520,000	737,000
basic and diluted weighted-average subordinated units outstanding
basic and diluted net income per subordinated unit
common units, 61,574,965 and 60,689,110 units issued and outstanding, respectively																																	673,499,000
common units, 61,178,151 and 60,689,110 units issued and outstanding, respectively																																		698,695,000
general partner's interest																																		8,044,000	8,809,000	9,258,000
gain on sale of assets																																		-244,000	-155,000	1,072,000	-122,000	920,000	-23,000	-195,000	63,000		229,000			129,689		266,117
common units, 55,281,039 and 38,556,245 units issued and outstanding, respectively																																			662,077,000
subordinated units, 14,048,588 issued and outstanding at december 31, 2015
weighted-average subordinated units outstanding:
basic and diluted																																					7,101,484,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,048,588,000	14,049,000	14,048,588
net income per common unit:
net income per subordinated unit:
common units, 54,866,123 and 38,556,245 units issued and outstanding, respectively																																				686,717,000
common units, 54,154,357 and 38,556,245 units issued and outstanding, respectively																																					702,145,000
common units, 37,589,602 and 31,307,116 units issued and outstanding, respectively																																						673,334,000
subordinated units, 14,048,588 issued and outstanding each period																																						204,157,000	209,236,000	221,392,000	229,787,000
common units, 32,768,844 and 31,307,116 units issued and outstanding, respectively																																							594,212,000
common units, 32,120,651 and 31,307,116 units issued and outstanding, respectively																																								607,348,000
common units, 30,711,733 and 23,561,780 units issued and outstanding, respectively																																									596,883,000
less:
earnings allocated to general partner prior to initial public offering on january 18, 2013																																												5,000			5,351
earnings available for limited partners prior to initial public offering on january 18, 2013																																												530,000			529,743
net income subsequent to initial public offering on january 18, 2013																																									5,013,000	7,518,000	3,915,000	10,536,000	1,712,000	2,401,433	1,985,707
net income subsequent to initial public offering allocated to:
distributions paid per limited partner unit in respective periods																																									500	490	480	1,250
common units, 30,192,332 and 23,561,780 units issued and outstanding, respectively																																										595,757,000
subordinated units, 14,048,588 units issued and outstanding each period																																										235,355,000	240,270,000
identifiable intangible asset-customer relationships																																											70,705,000	71,388,000	72,072,000	66,000,000	66,600,000	67,200,000
identifiable intangible asset-trade names																																											13,572,000	13,728,000	13,884,000	14,040,000	14,196,000	14,352,000
identifiable intangible asset-non-compete																																											769,000	825,000	881,000
common units, 24,034,938 and 23,561,780 units issued and outstanding, respectively																																											450,156,000
common units, 23,561,780 units outstanding at december 31, 2013																																												447,562,000
subordinated units, 14,048,588 units outstanding at december 31, 2013																																												245,592,000
general partner interest: 2% interest with 767,558 equivalent units issued and outstanding at december 31, 2013																																												14,573,000
limited partners’ capital																																																341,130,323
general partner’s capital																																																2,396,062
restructuring charges
loss on sale of assets																																												284,000
common units, 23,078,673 units outstanding at september 30, 2013																																													443,344,000
subordinated units, 14,048,588 units outstanding at september 30, 2013																																													250,316,000
general partner interest: 2% interest with 757,699 equivalent units issued and outstanding at september 30, 2013																																													14,590,000
distributions declared and paid per limited partner unit in respective periods																																													440	0.348
limited partner units:
common units, 15,334,813 units outstanding at june 30, 2013																																														258,869,080
subordinated units, 14,048,588 units outstanding at june 30, 2013																																														255,773,283
general partner units, 2% interest with 599,661 equivalent units issued and outstanding at june 30, 2013																																														10,941,067
common units interest in net income																																														1,227,132	1,006,753
subordinated units interest in net income																																														1,126,272	939,239
common units, 15,048,588 units outstanding at march 31, 2013																																															256,258,205
subordinated units, 14,048,588 units outstanding at march 31, 2013																																															259,543,862
general partner units, 2% interest with 593,820 equivalent units issued and outstanding at march 31, 2013																																															10,970,678
current portion of long-term debt
liability from interest rate swaps
other income
net income allocated to general partner																																																45,034
net income available for limited partners																																																4,458,404

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31

cash flows from operating activities:
net income	38,342,000	27,760,000	34,488,000	28,559,000	20,512,000	25,437,000	19,327,000	31,238,000	23,573,000	12,841,000	20,902,000	23,584,000	10,941,000	8,366,000	9,612,000	9,086,000	3,254,000	3,105,000	4,115,000	2,688,000	371,000	-1,474,000	6,519,000	2,684,000	-602,461,000	9,281,000	13,315,000	9,949,000	6,587,000				-15,370,000	4,546,000	4,789,000	553,000	1,552,000	3,269,000	-2,146,000	3,274,000	8,538,000	-159,630,000	9,805,000	-15,904,000	11,456,000	8,500,000	5,013,000	7,518,000	3,915,000	4,437,000	1,711,765	2,401,434	2,520,801
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	87,146,000	72,360,000	71,222,000	70,841,000	70,393,000	68,955,000	67,237,000	65,313,000	63,251,000	62,470,000	64,101,000	60,039,000	59,486,000	59,882,000	58,772,000	58,959,000	59,064,000	59,247,000	59,265,000	59,227,000	61,030,000	59,796,000	60,072,000	60,338,000	58,762,000	58,227,000	57,513,000	56,783,000	58,924,000	56,749,000	59,403,000	72,428,000	25,112,000	25,110,000	24,808,000	24,534,000	24,151,000	23,636,000	23,195,000	23,412,000	22,094,000	21,640,000	21,360,000	21,507,000	20,731,000	19,631,000	18,261,000	17,044,000	16,220,000	15,690,000	13,376,487	12,172,638	11,677,875
provision for expected credit losses	398,000													0	0	-200,000	-500,000	-300,000	-1,150,000	0	-1,250,000	0	0	2,200,000	1,500,000
amortization of debt issuance costs	1,829,000	1,949,000	2,133,000	2,231,000	2,241,000	2,245,000	2,251,000	2,257,000	1,995,000	1,819,000	1,819,000	1,819,000	1,822,000	1,814,000	1,814,000	1,815,000	1,822,000	2,899,000	2,288,000	2,297,000	2,281,000	2,289,000	2,167,000	1,960,000	1,986,000	1,987,000	1,965,000
amortization of capitalized implementation costs	284,000
unit-based compensation expense	2,405,000	1,527,000	1,167,000	-1,736,000	3,384,000	5,552,000	2,669,000	562,000	7,769,000	4,517,000	8,024,000	2,849,000	6,779,000	6,178,000	3,008,000	2,998,000	3,710,000	3,599,000	3,482,000	4,260,000	4,182,000	4,329,000	1,332,000	4,568,000	-1,829,000	2,884,000	2,090,000	2,706,000	3,134,000	849,000	1,892,000	6,760,000	2,239,000	3,548,000	2,813,000	2,402,000	2,945,000	1,892,000	3,647,000	3,022,000	1,812,000	795,000	804,000	1,238,000	1,026,000	78,000	854,000	1,006,000	1,096,000	438,000	337,550
deferred income tax expense	2,711,000	436,000	-16,000	-39,000	85,000	147,000	330,000	37,000	60,000									59,000	32,000	-34,000	-99,000	180,000	78,000	149,000	123,000	1,024,000	152,000	186,000	14,000	-800,000	-1,038,000
loss on disposition of assets	-545,000	1,626,000	830,000	39,000	1,325,000	3,826,000	-123,000	-18,000	1,254,000	2,265,000	-3,865,000			-443,000	1,118,000									-787,000	-1,014,000	1,329,000	-1,975,000	1,546,000	40,000	636,000	1,250,000			-300,000	50,000
loss on extinguishment of debt	1,000					0	0	0	4,966,000
impairment of assets	4,000	302,000	622,000	3,242,000	3,645,000
changes in assets and liabilities, net of effect of acquisition:
accounts receivable and related-party receivables	-38,174,000	21,389,000	-5,336,000	-1,162,000	-8,253,000	16,514,000	-73,000	-4,507,000	-6,257,000	415,000	-7,651,000	-9,231,000	3,420,000
inventories	-15,390,000	-5,710,000	-11,256,000	-11,888,000	-12,240,000	-10,943,000	-30,971,000	-28,962,000	-30,979,000	-24,921,000	-20,057,000	-18,490,000	-13,328,000	-10,886,000	-9,549,000	-5,998,000	-5,161,000	-2,445,000	-3,657,000	-3,229,000	-3,261,000	424,000	-1,055,000	-3,005,000	-8,046,000	-3,914,000
prepaid expenses and other current assets	-900,000	-754,000	651,000	613,000	410,000	-2,706,000	1,859,000	-511,000	8,000	-1,459,000	990,000	-1,014,000	-350,000	-21,000	263,000	-2,090,000	-919,000	24,000	-1,951,000	-1,166,000	-479,000	487,000	918,000	-1,097,000	-556,000	1,164,000	421,000	-939,000	-1,250,000	2,778,000	728,000
other assets	3,482,000	-1,250,000	-362,000	158,000	-2,377,000	3,389,000	-1,016,000	403,000	1,100,000	1,032,000	1,017,000	971,000	1,177,000	950,000	953,000	693,000	869,000	804,000	921,000	1,058,000	706,000	722,000	821,000	870,000	754,000
accounts payable and related-party payables	14,868,000		-4,577,000
accrued liabilities and deferred revenue	-10,357,000	21,657,000	-13,687,000	28,448,000	-28,177,000	18,901,000	-18,313,000	31,230,000	3,792,000	17,201,000	-14,165,000	29,933,000	-28,863,000	17,770,000	-62,957,000	30,623,000	-23,794,000	13,344,000	-22,295,000	27,457,000	-23,701,000	20,417,000	-25,304,000	24,852,000	-30,709,000	22,288,000	-15,820,000	43,423,000	-12,990,000	7,659,000	-10,421,000	24,966,000	22,120,000	2,263,000	6,593,000	5,751,000	-6,180,000	1,388,000	2,994,000	3,558,000	-4,052,000	-5,572,000	7,901,000	3,175,000	-3,384,000	2,648,000	2,738,000	2,395,000	1,408,000	-5,351,000	9,781,092	844,963	947,945
other liabilities	-1,000	393,000	0	0	-410,000	-410,000	-410,000	-410,000	1,640,000													-1,836,000
net cash from operating activities	86,103,000	139,488,000	75,879,000	124,244,000	54,651,000	130,195,000	48,481,000	96,741,000	65,917,000	91,604,000	50,072,000	87,871,000	42,338,000	82,099,000	49,209,000	94,228,000	35,054,000	81,057,000	45,297,000	99,459,000	39,612,000	97,547,000	48,219,000	97,355,000	50,077,000	91,700,000	61,294,000	99,817,000	47,769,000	93,140,000	38,830,000	57,976,000	36,394,000	39,343,000	33,029,000	33,986,000	18,286,000	9,101,000	36,139,000	36,497,000	21,960,000	34,658,000	34,193,000	34,037,000	14,513,000	31,290,000	38,932,000	21,600,000	10,069,000	26,512,000	16,168,763	16,148,794	9,360,443
cash flows from investing activities:
cash paid for the j-w power acquisition, net of cash acquired	-444,384,000
capital expenditures	-24,238,000	-51,749,000	-23,991,000	-23,169,000	-18,368,000	-29,016,000	-28,686,000	-48,537,000	-98,613,000	-79,474,000	-52,646,000	-65,005,000	-41,397,000	-46,163,000	-44,243,000	-23,588,000	-20,230,000	-15,820,000	-13,958,000	-9,250,000	-6,185,000	-11,189,000	-30,483,000	-22,123,000	-45,275,000	-37,003,000	-46,325,000	-51,482,000	-36,339,000	-65,634,000	-51,569,000	-113,979,000	-35,384,000	-40,337,000	-32,591,000	-17,034,000	-15,926,000	-4,987,000	-21,443,000	-8,537,000	-16,273,000	-40,416,000	-57,947,000	-64,913,000	-117,774,000	-106,714,000	0	0	0	0	0	0	0
free cash flows	61,865,000	87,739,000	51,888,000	101,075,000	36,283,000	101,179,000	19,795,000	48,204,000	-32,696,000	12,130,000	-2,574,000	22,866,000	941,000	35,936,000	4,966,000	70,640,000	14,824,000	65,237,000	31,339,000	90,209,000	33,427,000	86,358,000	17,736,000	75,232,000	4,802,000	54,697,000	14,969,000	48,335,000	11,430,000	27,506,000	-12,739,000	-56,003,000	1,010,000	-994,000	438,000	16,952,000	2,360,000	4,114,000	14,696,000	27,960,000	5,687,000	-5,758,000	-23,754,000	-30,876,000	-103,261,000	-75,424,000	38,932,000	21,600,000	10,069,000	26,512,000	16,168,763	16,148,794	9,360,443
proceeds from disposition of property and equipment	612,000	568,000	610,000	815,000	259,000	595,000	307,000	395,000	40,000	212,000	4,029,000	557,000	536,000	2,633,000	285,000	297,000	467,000	298,000	561,000	3,187,000	420,000	280,000	89,000	397,000	1,881,000	313,000	13,310,000	8,534,000	321,000	596,000	437,000	6,343,000	90,000
proceeds from insurance recovery	118,000	0	0	0	68,000					0				0	413,000	135,000	49,000	0	0	0	1,559,000	0	0	0	1,324,000	427,000	737,000	1,652,000	1,365,000	156,000			613,000					0				594,000	404,000	0	159,000
net cash from investing activities	-467,892,000	-51,181,000	-23,381,000	-22,354,000	-18,041,000	-26,920,000	-28,379,000	-48,142,000	-98,573,000	-79,262,000	-48,082,000	-64,448,000	-40,861,000	-43,530,000	-43,545,000	-23,156,000	-19,714,000	-15,522,000	-13,397,000	-6,063,000	-4,206,000	-10,909,000	-30,394,000	-21,726,000	-42,070,000	-36,263,000	-32,278,000	-41,296,000	-34,653,000	-63,814,000	-50,879,000	-630,289,000	-34,681,000	-40,147,000	-32,484,000	-17,010,000	-15,590,000	-4,964,000	-21,223,000	-8,481,000	-16,163,000	-38,590,000	-57,169,000	-64,846,000	-117,553,000	-105,915,000
cash flows from financing activities:
proceeds from revolving credit facility	599,198,000	1,018,439,000	282,862,000	219,642,000	274,476,000					290,767,000	286,658,000	245,296,000	266,470,000	221,106,000	240,559,000	167,906,000	214,978,000	169,164,000	197,828,000	140,176,000	190,511,000	148,668,000	216,497,000	162,299,000	250,008,000	198,544,000	239,946,000	191,983,000	221,792,000	215,270,000	220,989,000	140,321,000	121,104,000
repayments of revolving credit facility	-144,037,000		-998,724,000	-253,612,000	-242,002,000
cash paid related to net settlement of unit-based awards		-2,662,000	-2,639,000	-986,000	-2,227,000									-1,906,000				-2,713,000	0	-172,000	-289,000	0	-14,000	-467,000	-644,000	0	-22,000	-259,000	-1,433,000	0	-9,000	-1,384,000	-3,054,000	-9,000	-23,000	-15,000	-2,797,000
cash distributions on common units	-66,886,000	-64,788,000	-64,799,000	-62,233,000	-62,386,000	-62,018,000	-62,089,000	-62,104,000	-54,644,000	-52,309,000	-52,333,000	-52,314,000	-52,093,000	-51,892,000	-52,018,000	-51,769,000	-51,767,000	-51,561,000	-51,583,000	-51,614,000	-51,571,000	-51,132,000	-51,111,000	-51,049,000	-51,381,000	-51,018,000	-47,705,000	-47,714,000	-47,739,000	-47,523,000
cash distributions on preferred units		-1,951,000	-1,949,000	-4,387,000	-4,388,000	-4,387,000	-4,388,000	-4,388,000	-11,212,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,187,000	-12,188,000	-12,188,000	-12,187,000	-12,188,000
deferred financing costs	-232,000	-515,000	-17,155,000	-221,000	-5,000	0	-24,000	-1,716,000	-16,863,000	0	0	-128,000	-251,000	0	0	-126,000	-423,000	-9,796,000	-26,000			-95,000	-3,474,000	-153,000	-153,000
other	-296,000	-93,000	-96,000	-93,000	-90,000	-462,000	-501,000	-526,000	-156,000	-133,000	-130,000	-119,000	-107,000	-122,000	-122,000	-133,000	-141,000	-153,000	-125,000	-140,000	-140,000	-136,000	-133,000	-253,000	-250,000	-247,000	-237,000	-264,000	-287,000
net cash from financing activities	387,747,000	-79,743,000	-52,500,000	-101,890,000	-36,622,000	-103,340,000	-20,032,000	-48,598,000	32,653,000	-12,337,000	-2,015,000	-23,398,000	-1,506,000	-38,540,000	-5,658,000	-71,087,000	-15,325,000	-65,785,000	-31,652,000	-93,493,000	-35,309,000	-86,638,000	-17,825,000	-75,629,000	-8,015,000	-55,429,000	-29,016,000	-58,746,000	-12,988,000	-32,057,000	12,352,000	-139,632,000	708,746,000	-72,000	59,000	-16,664,000	-2,754,000	-4,079,000	-14,916,000	-28,016,000	-5,797,000	3,932,000	22,976,000	30,810,000	103,040,000	74,624,000	47,581,000	79,757,000	76,669,000	22,318,000	36,128,693	13,358,478	13,950,829
increase in cash and cash equivalents	5,958,000	8,564,000				-65,000				5,000			-29,000	29,000			15,000				97,000				-8,000				128,000				710,459,000	-876,000	604,000							0	0
cash and cash equivalents, beginning of period	8,564,000		0	0	14,000		0	0	11,000		0	0	35,000						0	0	2,000		0	0	10,000		0	0	99,000		0	3,966,000	47,000		0	0	65,000		0	0	7,000		0	0	6,000		0				500	0	6,500
cash and cash equivalents, end of period	14,522,000			0	2,000		70,000	1,000	8,000		-25,000	25,000	6,000				15,000		248,000	-97,000	99,000		0	0	2,000		0	-225,000	227,000		303,000	-707,979,000	710,506,000		604,000	312,000	7,000		0	0	7,000		0	1,000	6,000		0				500	0	6,500
change in fair value of derivative instrument						0	8,218,000	-665,000	-6,349,000	13,039,000	-909,000
changes in assets and liabilities:
accounts payable					4,113,000	-1,944,000	-2,504,000	463,000	94,000	891,000	-951,000	129,000	454,000	2,164,000	6,835,000	750,000	-2,202,000	5,562,000	967,000	1,178,000	1,316,000	352,000	-3,870,000	-5,263,000	5,036,000								1,937,000	2,375,000	-2,247,000	-1,828,000	-141,000	1,699,000	5,448,000	-1,841,000	-7,287,000	5,565,000	-224,000	-550,000	-8,101,000	5,555,000
proceeds from issuance of senior notes		0				0	0	0	1,000,000,000																	0
payments on revolving credit facility										-232,029,000	-224,022,000	-203,945,000	-203,338,000	-193,539,000	-180,834,000	-174,777,000	-165,785,000	-158,539,000	-165,558,000	-169,417,000	-161,633,000	-171,756,000	-167,402,000	-173,818,000	-193,408,000	-190,359,000	-208,761,000	-190,056,000	-909,914,000	-187,548,000	-149,165,000	-45,541,000	-84,945,000
payments on senior notes
investments in government securities in connection with legal defeasance of the senior notes 2026						0	0	0	-748,764,000
cash and cash equivalents, beginning of year																																																	7,000
cash and cash equivalents, end of year																																																	7,000
decrease in cash and cash equivalents				0	-12,000			1,000	-3,000													0	0			8,000	0				303,000						-58,000
see accompanying notes to unaudited condensed consolidated financial statements.
see accompanying notes to consolidated financial statements.
impairment of compression equipment							0			0	882,000	10,273,000	1,191,000	551,000	504,000	0	432,000	168,000	0	2,403,000	2,550,000	2,461,000	1,706,000			2,660,000	0	0	3,234,000	6,374,000				163,000	1,096,000	2,601,000	1,112,000	1,626,000	3,441,000			2,000	443,000			1,103,000
proceeds from long-term borrowings							297,083,000	257,468,000	325,062,000
repayments of long-term borrowings							-250,113,000	-237,332,000	-460,770,000
deferred income tax benefit										-6,000			-15,000		-33,000	21,000	-204,000
supplemental cash flow information:
cash paid for interest, net of capitalized amounts										17,892,000	67,516,000	15,014,000	63,167,000	10,404,000	58,318,000	5,527,000	54,712,000	4,827,000	55,321,000	5,025,000	55,391,000	4,756,000	55,099,000	4,828,000	56,046,000	5,710,000	55,300,000	5,609,000	38,737,000	13,049,000	37,909,000
cash paid for income taxes										0	259,000			0	89,000			0	172,000	634,000	13,000	0
supplemental non-cash transactions:
non-cash distributions to certain common unitholders										406,000	414,000	423,000	617,000	555,000	553,000	508,000	516,000	472,000	438,000	402,000	463,000	489,000	499,000	612,000	301,000	282,000	236,000	227,000	252,000	221,000	212,000
transfers from inventories to property and equipment										15,543,000	14,974,000	13,417,000	10,636,000	7,937,000	7,700,000	5,574,000	1,118,000	986,000	3,146,000	3,522,000	3,139,000
changes in capital expenditures included in accounts payable and accrued liabilities										963,000	1,556,000	-1,797,000	2,922,000	-5,515,000	999,000	9,149,000	1,874,000		709,000	290,000	-800,000		-13,880,000	2,143,000	2,201,000
changes in financing costs included in accounts payable and accrued liabilities										119,000	0	-128,000	134,000	0	0	-119,000	-146,000
exercise and conversion of warrants into common units														0	0
gain on disposition of assets													-376,000				-179,000		48,000	-1,105,000	-1,255,000												-324,000
impairment of goodwill																						0	0	0	619,411,000
accounts receivable and related party receivables															38,869,000	-3,460,000	-1,138,000	-4,733,000	3,232,000	4,425,000	-2,779,000	9,139,000	1,320,000	5,963,000	7,120,000	1,446,000	5,464,000
change in cash and cash equivalents
changes in assets and liabilities, net of effects of business combination:
change in capital expenditures included in accounts payable and accrued liabilities																												348,000	-782,000	-26,283,000	26,695,000	-47,392,000	14,812,000	-11,020,000	-4,186,000	-4,136,000	9,971,000	8,841,000	-704,000	12,706,000	-9,090,000	-31,005,000	-2,034,000	2,469,000	11,314,000
financing costs included in accounts payable and accrued liabilities																		271,000	0	-19,000	139,000	0	0	-153,000	268,000			-90,000	139,000				3,322,000
conversion of class b units to common units																										-89,000
acquisition of usa compression predecessor																														1,068,000	0
assumed cash acquired in business combination of usa compression partners, lp																														0	0
proceeds from issuance of preferred units and warrants																														0	0
contributions from parent
transfers from (to) inventories to (from) property and equipment																								2,803,000	7,576,000
predecessor’s non-cash contribution to predecessor’s parent
deemed distribution for additional interest in usa compression predecessor
issuance of common units for the cdm acquisition																														0	0
issuance of class b units for the cdm acquisition																														0	0
issuance of common units for the equity restructuring																														0	0
bad debt expense																										750,000	0			0	350,000
contributions from (distributions to) parent
predecessor’s non-cash contribution (to) from predecessor’s parent
other noncurrent assets																											796,000	538,000	449,000	-1,000	-2,000	-62,000	6,000	5,000	20,000	-7,000	-10,000	-4,000						0	3,000	37,000				-14,000	-108	-4,225	3,842,333
other noncurrent liabilities																											0
accounts payable and related party payables																											3,732,000	2,749,000	-4,013,000	-389,000	-154,000
acquisitions of usa compression predecessor
financing costs																											-49,000	-248,000	-13,220,000	-68,000	0	-2,287,000	-15,328,000					-2,000	-1,000	-26,000	-1,984,000
cash paid for taxes																											2,000				0				0				0				0			0	0			0	-91
predecessor’s non-cash distribution to predecessor’s parent
inventory																												-8,205,000	-6,659,000	-5,972,000	-3,683,000	5,902,000	-2,983,000	1,047,000	-5,238,000	-5,443,000	-4,113,000	-11,232,000	-3,764,000	-727,000	-725,000	-5,000	-1,870,000	-4,846,000	-7,619,000	-6,133,000
proceeds from senior notes																												0	750,000,000				725,000,000
transfers to (from) inventory to property and equipment
bad debt recovery
amortization of debt issue costs																													1,680,000	1,525,000	1,516,000	1,335,000	704,000	545,000	547,000	547,000	547,000	547,000	546,000	548,000	467,000	416,000	416,000	415,000	455,000
accounts receivable																													-1,381,000	13,547,000	-12,740,000	-53,874,000	3,038,000	399,000	-891,000	4,906,000	-268,000	-13,957,000	2,384,000	3,529,000	1,464,000	1,183,000	-5,232,000	2,277,000	1,333,000
transfers from inventory to property and equipment																													1,951,000			-14,789,000	2,177,000			4,855,000	2,383,000
net loss																														10,185,000	-563,000
adjustments to reconcile net loss to net cash from operating activities:
other current liabilities																														0	0
predecessor's non-cash contribution (to) from predecessor's parent																														0	0
transfers to inventory from property and equipment																														-1,069,000
transfer from long-term installment receivable to short-term																														-619,000	-1,271,000	-17,000	-902,000
transfer from long-term liabilities to short-term																														305,000	306,000
contributions from (to) parent																															0
cash distributions																																-13,361,000	-34,031,000	-30,965,000	-26,918,000	-26,826,000	-29,409,000	-26,375,000	-23,718,000	-19,971,000	-17,667,000	-12,865,000	-10,746,000	-11,240,000	-10,227,000
prepaid expenses																																	-85,000	-119,000	450,000	-17,000	-1,065,000	260,000
cash paid for interest																																	7,402,000	6,487,000	6,255,000	5,725,000	5,666,000	5,357,000	5,192,000	4,990,000	4,950,000	4,384,000	4,664,000	4,346,000	3,716,000	3,298,000	3,163,000	3,302,000	2,859,000	2,621,000	2,501,528	2,434,826	3,045,646
non-cash distributions to certain limited partners																																	170,000	2,912,000	6,727,000	6,624,000	4,061,000	4,001,000	6,484,000	9,859,000	11,468,000	15,181,000	14,750,000	13,364,000	13,600,000
proceeds from sale of property and equipment																																		190,000	107,000	24,000	336,000	23,000	147,000	56,000	110,000	1,232,000	374,000	67,000	62,000	799,000	210,000	390,000	21,000	2,104,000	52,283	27,226	43,491
proceeds from long-term debt																																		112,491,000	103,006,000	84,515,000	97,794,000	84,413,000	73,467,000	58,872,000	83,841,000	87,739,000	96,467,000	110,488,000	185,310,000	148,556,000	120,618,000
payments on long-term debt																																		-81,589,000	-76,006,000	-74,338,000	-68,342,000	-142,981,000	-64,649,000	-66,864,000	-69,916,000	-70,867,000	-137,163,000	-69,169,000	-68,482,000	-63,374,000
net proceeds from issuance of common units																																										-52,000	74,418,000			762,000	7,000			0	-381	-91,370	180,646,751
transfer from long term installment receivable to short term																																						-822,000	-806,000
transfers (to) from inventory to property and equipment
transfer from long-term installment receivable to short term																																			-869,000	-853,000	-837,000
net gain on sale of assets																																					-244,000				-122,000
cash flow from operating activities:
net loss on sale of assets																																						-23,000	-155,000			-1,742,000	920,000	-23,000	-195,000	-5,000			229,000	231,000	-51,458
cash flow from investing activities:
cash paid for taxes related to net settlement of unit-based awards																																						-26,000	-15,000	-27,000	-71,000	-21,000	0	-20,000	-169,000
general partner contribution																																														0	0	32,000	262,000	242,000	3,879,990
capital lease transaction:
installment receivable
property and equipment write-off
(gain) on transaction
transfers (to) from capital expenditures
prepaids																																								-43,000	-229,000	-182,000	-125,000	-81,000	-1,192,000	367,000	432,000				-153,978
transfers to/from inventory to property and equipment																																								368,000	299,000
acquisitions, net of cash																																																		-293,000
financing costs and registration fees																																											0	6,000	-3,392,000
amortization of debt issue costs, discount																																														307,000	43,000	292,000	582,000
net gain on change in fair value of interest rate swap
accounts receivable and advances to employees																																														-798,000
distributions
financing cost and registration fees
adjustments to reconcile net income to net cash provided by operating activities:
proceeds from short-term and long-term debt																																																	131,390,000	65,613,000	76,745,456	40,698,971	60,443,573
payments on short-term and long-term debt
compression unit purchase deposit
financing cost
amortization of debt issue costs and other																																																			471,785	470,894	453,321
share-based compensation expense																																																					78,808
amortization of debt issue costs, discount, other comprehensive loss
net cash provided by operating activities
net cash provided by (used in) financing activities
increase (decrease) in cash and cash equivalents

USA Compression Partners, LP(NYSE:USAC)

USA Compression Partners, LP
(NYSE:USAC)