USA Compression Partners, LP - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by USA Compression Partners, LP on May 7, 2015. The filing reports the financial and operating results for the first quarter of 2015. The company is incorporated in Delaware and maintains its principal executive offices in Austin, Texas.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) stating that the Partnership achieved record revenues, Adjusted EBITDA, and Adjusted Distributable Cash Flow for the first quarter of 2015. However, the specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not provided within the body of this 8-K document.
Material Changes
The filing indicates a positive material change in performance, characterized by record-breaking results for the reported quarter compared to prior periods, though specific comparative figures are absent from this text.
Guidance and Outlook
Management confirmed its 2015 outlook in the associated press release. The filing explicitly states that the information contained herein, including the press release, is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated May 7, 2015) for specific numerical values regarding record revenues, Adjusted EBITDA, and Adjusted Distributable Cash Flow.
- Verify the details of the confirmed 2015 outlook provided in the press release.
- Confirm the specific definitions used for "Adjusted EBITDA" and "Adjusted Distributable Cash Flow" as these are non-GAAP measures.
- Check subsequent filings for the full audited financial statements to validate the record-breaking claims.