USA Compression Partners, LPNYSE
Aug. 13, 2013, 8:02 AM
- 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.