Seeking Alpha

USA Compression acquires $187M in assets

  • USA Compression Partners (USAC) agrees to acquire $187M of compression assets from S&R Compression in exchange for ~7.4M common units representing a 20% limited partner interest.
  • The 983 compression units are primarily used for oil production and located mostly in Texas and Oklahoma.
  • Q2 earnings jumped as revenue and margins improved, but earnings and revenue missed expectations.
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