USA Compression Partners Announces Fourth Quarter 2017 Distribution; Fourth Quarter 2017 Earnings Release & Conference Call S...
19 January 2018 - 8:30AM
Business Wire
USA Compression Partners, LP (NYSE: USAC) (the “Partnership”)
today announced a cash distribution of $0.525 per common unit for
the fourth quarter of 2017, which corresponds to an annualized
distribution rate of $2.10 per unit, flat from the third quarter’s
distribution rate. The distribution will be paid on February 14,
2018, to unitholders of record as of the close of business on
February 2, 2018.
Fourth Quarter 2017 Earnings Conference Call
In addition, the Partnership announced today it will release its
fourth quarter 2017 results prior to the opening of U.S. financial
markets on Monday, February 12. Management will conduct an investor
conference call the same day starting at 11 a.m. Eastern Time (10
a.m. Central Time) to discuss financial and operating results. The
call will be broadcast live over the internet. Investors may
participate either by phone or audio webcast.
By Phone: Dial 800-281-7973 inside the U.S. and Canada at
least 10 minutes before the call and ask for the USA Compression
Partners Earnings Call. Investors outside the U.S. and Canada
should dial 323-794-2093. The conference ID for both is 7346137.
A replay of the call will be available through February 23,
2018. Callers inside the U.S. and Canada may access the replay by
dialing 888-203-1112. Investors outside the U.S. and Canada should
dial 719-457-0820. The passcode for both is 7346137. By
Webcast:
Connect to the webcast via the “Events”
page of USA Compression’s Investor Relations website at
http://investors.usacompression.com. Please log in at least 10
minutes in advance to register and download any necessary software.
A replay will be available shortly after the call.
ABOUT USA COMPRESSION PARTNERS, LP
USA Compression Partners, LP is a growth-oriented Delaware
limited partnership that is one of the nation’s largest independent
providers of compression services in terms of total compression
unit horsepower. The Partnership partners with a broad customer
base composed of producers, processors, gatherers and transporters
of natural gas and crude oil. The Partnership focuses on providing
compression services to infrastructure applications primarily in
high volume gathering systems, processing facilities and
transportation applications. More information is available at
usacompression.com.
NON-U.S. WITHHOLDING INFORMATION
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat
one hundred percent (100.0%) of the Partnership’s distributions to
non-U.S. investors as being attributable to income that is
effectively connected with a United States trade or business.
Accordingly, the Partnership’s distributions to non-U.S. investors
are subject to federal income tax withholding at the highest
applicable effective tax rate.
FORWARD-LOOKING STATEMENTS
Statements in this press release may be forward-looking
statements as defined under federal law. These forward-looking
statements rely on a number of assumptions concerning future events
and are subject to a number of uncertainties and factors, many of
which are outside the control of the Partnership, and a variety of
risks that could cause results to differ materially from those
expected by management of the Partnership. The Partnership
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results over
time.
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version on businesswire.com: http://www.businesswire.com/news/home/20180118006403/en/
USA Compression Partners, LPMatt Liuzzi,
512-369-1624ir@usacompression.com
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