USA Compression Partners LP : Presentation (2025-June-Investor-Presentation-06-25-25-Final (1))

Published: 2025-06-25 06:58:06 ET USAC

Published on 06/25/2025 at 06:58

Investor Presentation

J.P. Morgan Energy, Power, Renewables C Mining Conference

June 2025

USAC Market Statistics1

2025 Financial Guidance2

NYSE: USAC

Market Cap: $3.1 billion

Enterprise Value: $5.7 billion

Current Unit Price: $25.07

Distribution Yield: 8.4%

DCF Coverage Ratio2: 1.44x

Adjusted EBITDA: $5G0 - $610 million

Distributable Cash Flow: $350 - $370 million

Contract compression services provides:

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

Growth capital focused on high-quality customers delivering significant gas growth to market

1 As of June 17, 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.

Compression services provided across geographically diversified operating areas

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

Strategic focus on large horsepower with creditworthy counterparties

Provides stable cash flows with durable ROIC

76% of fleet greater than 1,000 HP1

~98% utilization on >1,000 HP units1

3.G million fleet HP; G4% utilization1

1 As of March 31, 2025.

4

G

127

15

103

2024

LNG

e s

EoE

2030

xport

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

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. 5

Disclaimer

USA Compression Partners LP published this content on June 25, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 25, 2025 at 10:57 UTC.