USA Compression Partners LP : Presentation (2025 June Investor Presentation (06-04-25) FINAL)

Published: 2025-06-04 07:17:10 ET USAC

Published on 06/04/2025 at 07:17

Investor Presentation

RBC Capital Markets Global Energy, Power C Infrastructure Conference

June 2025

USAC Market Statistics1

2025 Financial Guidance2

NYSE: USAC

Market Cap: $3.0 billion

Enterprise Value: $5.8 billion

Current Unit Price: $25.76

Distribution Yield: 8.2%

DCF Coverage Ratio2: 1.44x

Adjusted EBITDA: $5G0 - $610 million

Distributable Cash Flow: $350 - $370 million

Strong adjusted gross margins of ~67%2

Fixed-fee, take-or-pay contracts that

provide consistent cash flows

Majority of contract terms at three-to-five years

1 As of May 28, 2025, except DCF Coverage Ratio which is for the three months ended March 31, 2025.

3

2 Adjusted gross margin, Adjusted EBITDA, DCF, and DCF Coverage Ratio are Non-GAAP measures. See appendix for reconciliations to the comparable GAAP measures, and information on the calculation of these non-GAAP measures. Non-GAAP measures may not be comparable to similarly titled measures of other companies.

1 As of March 31, 2025.

Major operating presence in the each of the

gas growth basins in the U.S.

Focused efforts on gas lift, midstream booster and large station services

Standardized assets and services optimize utilization and minimize operating expense

Provides stable cash flows with durable ROIC

76% of fleet greater than 1,000 HP1

~98% utilization on >1,000 HP units1

4

15

103

2024 LNG

exports

G 127

EoE 2030

Projected U.S. Gas Demand (bcf/d)

A marked increase in U.S. natural gas demand is projected primarily from increased LNG exports and the electrification of everything ("EoE")

Northeast Market Leader

USAC's leading market position in the Northeast is expected to benefit from in-basin EoE growth that is not constrained by pipeline takeaway capacity

>60%

USAC's active fleet that is within the Permian and along the Gulf Coast,

the regions expected to benefit most from increased exports

~3.3MM

Projected amount of additional contract compression HP capacity

required to meet the incremental U.S. natural gas demand

5

Source: Raymond James, "U.S. Gas Compression Remains a Solid Way to Play Natural Gas Demand Growth Theme"; Excludes additional potential exports to Mexico and coal-to-gas switching; USAC active fleet as of March 31, 2025.

Disclaimer

USA Compression Partners LP published this content on June 04, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 04, 2025 at 11:16 UTC.