NYSE$USAC

USA Compression Partners LP · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

USA Compression Partners, LP reported financial and operating results with stability in business and improving fundamentals for compression services.

USA Compression Partners, LP reported second quarter 2021 results with total revenues of $156.6 million, net income of $2.7 million, Adjusted EBITDA of $100.0 million, and Distributable Cash Flow of $52.5 million. The company confirmed its full-year 2021 guidance.

  • Total revenues were $156.6 million for the second quarter 2021, compared to $168.7 million for the second quarter 2020.
  • Net income was $2.7 million for the second quarter 2021, consistent with the second quarter 2020.
  • Adjusted EBITDA was $100.0 million for the second quarter 2021, compared to $105.5 million for the second quarter 2020.
  • Distributable Cash Flow was $52.5 million for the second quarter 2021, compared to $58.7 million for the second quarter 2020.

Headline financials

Total Revenue

$157M

Previous: $169M-7.2%
EPS (adj)

-$0.10

Previous: -$0.06-66.7%
Adjusted EBITDA

$100M

Previous: $105M-5.2%
Distributable Cash Flow

$52.5M

Previous: $58.7M-10.5%
Horsepower Utilization

81.9%

Previous: 86.2%-5.0%
Capital Expenditures

-$15.4M

Previous: -$67.4M+77.1%
Free Cash Flow

-$12.7M

Previous: -$64.7M+80.3%
Net Income

$2.69M

Previous: $2.68M+0.1%
Operating Income

$35.1M

Previous: $34.9M+0.7%
Gross Profit

-$45.6M

Previous: -$50M+8.7%
Cash & Equivalents

$2K

Previous: $2K+0.0%
Total Assets

$2.84B

Previous: $3.06B-7.1%

Revenue & EPS history

USA Compression · Revenue · Quarterly

$157M

Q2 2021-7.2%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

USA Compression is confirming its full-year 2021 guidance as follows: Net income range of $0.0 million to $20.0 million; Adjusted EBITDA range of $385.0 million to $405.0 million; and Distributable Cash Flow range of $193.0 million to $213.0 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.6%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+1.6%

Avg return

30 days after

63%

34 / 54 earnings

Positive

+10.7%

Q1 2016

Best reaction

-12.4%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.5%+5.4%+6.2%
Q4 2025-2.2%+0.6%+7.3%
Q3 2025-1.0%+6.6%+9.9%
Q2 2025+2.0%+1.3%+0.3%
Q1 2025-4.7%-0.5%+5.7%
Q4 2024-3.4%-2.9%-13.0%
Q3 2024+6.5%+6.4%+7.1%
Q2 2024+3.5%+4.1%+5.5%
Q1 2024+4.0%+1.3%-1.4%
Q4 2023-4.8%+1.0%+14.1%
Q3 2023+2.5%+5.5%-3.4%
Q2 2023+0.2%-0.3%+6.6%
Q1 2023-6.1%-3.8%-9.9%
Q4 2022+0.6%-2.3%-4.5%
Q3 2022-1.7%+1.0%+1.6%
Q2 2022-0.5%+0.7%+0.0%
Q1 2022+4.9%+2.6%+9.5%
Q4 2021+4.3%+6.5%+9.0%
Q3 2021-1.1%-0.5%-7.1%
Q2 2021+0.5%+2.8%+0.5%
Q1 2021-2.4%+1.0%+2.4%
Q4 2020-4.1%-6.0%-1.3%
Q3 2020+0.1%-2.9%+16.3%
Q2 2020+2.6%+2.9%+0.3%
Q1 2020-1.8%+14.0%+71.2%
Q4 2019+2.8%+2.5%-66.9%
Q3 2019+2.7%+1.4%-7.9%
Q2 2019-4.6%-5.9%-4.8%
Q1 2019+1.3%+4.9%+4.4%
Q4 2018+3.7%+5.0%+6.4%
Q3 2018-3.5%-3.6%-4.0%
Q2 2018+3.9%+4.5%-1.3%
Q1 2018+2.1%+3.9%+1.7%
Q4 2017+5.4%+5.0%+1.5%
Q3 2017+2.6%+2.6%+2.1%
Q2 2017-3.6%-7.2%-3.8%
Q1 2017+5.4%+3.4%-1.8%
Q4 2016-0.8%-3.5%-9.1%
Q3 2016+0.4%+0.3%+0.4%
Q2 2016+5.5%+10.1%+16.1%
Q1 2016+10.7%
Q4 2015-12.4%
Q3 2015+0.1%
Q2 2015+4.4%
Q1 2015-0.8%
Q4 2014+3.1%
Q3 2014-8.1%
Q2 2014+2.6%
Q1 2014+1.8%
Q4 2013+1.5%
Q3 2013+2.1%
Q2 2013-0.3%
Q1 2013+1.0%
Q4 2012+1.3%
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro