USA Compression Partners (NYSE:USAC), L.P. is a master limited partnership that provides natural gas compression services to the oil and gas industry across the United States. The company owns and operates a diversified fleet of high-horsepower compression units, which it leases to exploration and production companies under long-term fee-based agreements. In addition to equipment leasing, USA Compression offers field services, maintenance, and technical support, ensuring optimal performance and uptime for its customers’ midstream operations.
Since its formation in 2010, USA Compression has grown through a combination of organic growth and strategic acquisitions. The partnership completed its initial public offering in 2011, raising capital to expand its footprint in key U.S. shale plays. Over the years, it has acquired businesses and assets that bolstered its compression fleet and extended its service offerings, including dehydration and gas treating capabilities, to meet evolving industry needs.
USA Compression operates in major producing regions such as the Permian Basin, Eagle Ford, Marcellus and Utica shales, the Haynesville play, and various areas of the Midcontinent and Rockies. Its geographically diversified asset base allows the partnership to serve a broad customer set, ranging from large integrated energy companies to independent producers. The company’s asset management teams work closely with clients to design customized compression solutions that optimize field performance and reduce downtime.
Headquartered in Houston, Texas, USA Compression is led by President and Chief Executive Officer Grant Black, who brings extensive experience in midstream operations and strategic development. Chief Financial Officer Claude Browne oversees the company’s financial planning and capital structure. The partnership’s board of directors and management team emphasize operational excellence, safety, and environmental stewardship as core pillars of the business, driving value for customers and unitholders alike.
