USA Compression Partners, LP

Overview

USA Compression Partners, LP is a U.S. midstream energy-services partnership that provides natural-gas compression for gathering, processing, and pipeline transportation, as well as gas-lift services that support crude-oil production. Its operations span major U.S. producing regions, including the Permian, Marcellus, Utica, Eagle Ford, and Bakken. The company’s operating philosophy emphasizes customer service, reliability, and equipment performance.[1]+4

The partnership reported a fleet of 4.95 million horsepower at June 30, 2026, including 4.46 million horsepower generating revenue, and quarterly revenue of $342.1 million. It has provided compression services since 1998 and completed its IPO in 2013.[6] [1]+7

Products & services

USA Compression Partners’ principal offering is contract natural-gas compression: it designs, engineers, owns, operates and maintains compressor packages for customers. Its fleet includes units of approximately 400–5,000 horsepower, powered primarily by Caterpillar 3400, 3500 and 3600 engine classes; smaller 40–399 horsepower units are used primarily for gas lift.[7][8] At June 30, 2026, the fleet totaled approximately 4.95 million horsepower, of which approximately 4.46 million horsepower was revenue-generating.[9]

Additional services include natural-gas treating—carbon dioxide and hydrogen sulfide removal, cooling and dehydration—as well as station services, aftermarket support and compressor manufacturing.[10][4] Compression and treating are generally provided under fixed-fee contracts, with initial terms typically ranging from six months to five years; the company’s service offering includes installation, maintenance and field support.[11][12]

For the three months ended June 30, 2026, contract operations accounted for approximately 93.4% of reported revenue ($319.449 million of $342.146 million), while retail parts and services accounted for approximately 6.6% ($22.697 million).[13] [7]+11

Geographic presence

USA Compression Partners, LP reports operations in 18 states as of June 30, 2026. Its U.S. operating footprint includes the Marcellus, Utica, Haynesville, Permian, Denver-Julesburg, Eagle Ford, Bakken and Mid-Continent basins, as well as the Northeast, Mid-Con, Rockies and Gulf Coast regions.[14]+2 The company’s filings also identify activity in the Utica, Mississippi Lime, Granite Wash, Woodford and Barnett plays.[17]

At December 31, 2025, the company listed its headquarters in Dallas, Texas, and identified acquired compression-equipment manufacturing facilities in Longview and Kilgore, Texas.[18] Its 2025 annual filing does not provide revenue percentages by country, state, basin or region.[19] [15]+5

Business segments

USA Compression Partners, LP reports one operating and reportable segment: compression services. It provides natural-gas compression and treating services using equipment it designs, engineers, owns, operates and maintains. The company reports no separate segment contribution shares; its consolidated operations therefore constitute the single reported segment.[20][21]

As an alternative view of revenue mix—not a segmentation—the company’s FY2025 revenue comprised contract operations (91.4%), related-party revenue (6.5%), and parts and service (2.1%).[22] [20]+4

Company history

USA Compression’s predecessor was formed in Texas on July 10, 1998; co-founder Eric D. Long later became CEO in 2002. The company’s history records that it surpassed 600,000 horsepower of compression capacity in 2010.[23]+2 Common units began trading on the New York Stock Exchange as USAC on January 15, 2013. Later that year, the company acquired assets of S&R Compression’s gas-lift business.[26]+3

In April 2018, USA Compression completed an approximately $1.7 billion acquisition of Energy Transfer’s CDM compression business, adding about 1.6 million horsepower.[30]+2 In October 2024, Long retired as CEO and M. Clint Green succeeded him as President and CEO.[33] On January 12, 2026, the company completed its acquisition of J-W Power for approximately $860 million.[34]+2 [23]+13

Sources

• USA Compression Partners, LP — Full financial report (2025 Y)
  13 citations

  [1][2][7][8][10][11][15][16][17][18][20][22][34]
• www.usacompression.com[3]
• www.usacompression.com[4]
• www.usacompression.com[5]
• USA Compression Partners, LP — Press release (2026 Q 2)[6]
• USA Compression Partners, LP — Full financial report (2026 Q 2)
  3 citations

  [9][13][21]
• www.usacompression.com[12]
• investors.usacompression.com[14]
• www.sec.gov[19]
• USA Compression Partners, LP — Full financial report (2015 Y)
  4 citations

  [23][24][26][28]
• www.usacompression.com[25]
• www.sec.gov[27]
• www.sec.gov[29]
• USA Compression Partners, LP — Full financial report (2023 Y)[30]
• investors.usacompression.com[31]
• ir.energytransfer.com[32]
• www.sec.gov[33]
• investors.usacompression.com[35]