USA Compression Partners Announces Fourth Quarter 2015 Distribution; Full Year and Fourth Quarter 2015 Earnings Release and Conference Call Scheduled for February 10
USA Compression Partners, LP (NYSE: USAC) (the “Partnership”) today
announced a cash distribution of $0.525 per unit on its common and
subordinated units for the fourth quarter of 2015, which corresponds to
an annualized distribution rate of $2.10 per unit, flat from the third
quarter’s distribution rate. The Partnership’s fourth quarter
distribution rate represents a year-over-year increase of 2.9%. The
distribution will be paid on February 12, 2016, to unitholders of record
as of the close of business on February 2, 2016.
Full Year and Fourth Quarter 2015 Earnings Conference Call
In addition, the Partnership announced today it will release its full
year and fourth quarter 2015 results prior to the opening of U.S.
financial markets on Wednesday, February 10. 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.
Dial 888-401-4669 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
719-325-2469. The conference ID for both is 8266458.
A replay of the call will be available through February 21, 2016.
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 8266458.
Connect to the webcast via the “Events” page of USA Compression’s
Investor Relations website at http://investors.usacpartners.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
company partners with a broad customer base composed of producers,
processors, gatherers and transporters of natural gas and crude oil. USA
Compression focuses on providing compression services to infrastructure
applications primarily in high volume gathering systems, processing
facilities and transportation applications. More information is
available at www.usacpartners.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.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160121006361/en/
Copyright Business Wire 2016
Source: Business Wire
(January 21, 2016 - 4:30 PM EST)
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