Business Context and Reporting Period
This Form 8-K filing by USA Compression Partners, LP (USAC) reports a corporate governance event dated March 11, 2022. The filing concerns the departure of a director from the board of USA Compression GP, LLC, the General Partner of the Partnership.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
The material change reported is the announced retirement of Mr. Matthew S. Ramsey from the board of directors of the General Partner, effective April 1, 2022. This departure is coordinated with his retirement as an officer of Energy Transfer LP. The filing explicitly states that the resignation was not due to any disagreement with the General Partner or the Partnership regarding operations, practices, or policies.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, management commentary on operations, or specific risk factors. The only contingency noted is the scheduled transition of the board seat effective April 1, 2022.
Investor Verification Checklist
- Verify the effective date of Mr. Ramsey's retirement (April 1, 2022).
- Confirm whether a replacement director has been nominated or elected to fill the vacancy.
- Review the Partnership's most recent 10-Q or 10-K for current financial performance, as this 8-K contains no financial data.