Business Context and Reporting Period
Company: USA Compression Partners, LP
Filing Type: Form 8-K (Current Report)
Date of Report: May 9, 2013
Reporting Period: First Quarter 2013
This filing announces the Partnership's first quarter 2013 results and provides an outlook for 2013. Detailed financial data is contained in the press release furnished as Exhibit 99.1.
Key Financial Metrics
The filing text references a press release stating the company achieved "Record Revenues and Adjusted EBITDA" for the first quarter of 2013. However, the specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not provided in the body of this Form 8-K document.
Material Changes
The filing indicates a material positive change in performance, specifically noting record-breaking revenue and Adjusted EBITDA for the quarter compared to prior periods, though specific comparative figures are absent from this text.
Guidance, Outlook, and Risks
Outlook: The company issued a 2013 outlook alongside the Q1 results.
Management Commentary: Management highlighted the achievement of record financial metrics.
Risks and Contingencies: The filing text does not explicitly detail specific risks or contingencies beyond standard legal disclaimers regarding the incorporation of the press release.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q1 2013 revenue and Adjusted EBITDA figures.
- Verify the specific details of the 2013 full-year guidance provided in the press release.
- Confirm the definition of "Adjusted EBITDA" used by the company to ensure comparability with other metrics.
- Check subsequent filings for any updates to the 2013 outlook or changes in liquidity position.