USA Compression Partners LP 2024年度报告

Form 10-K ☐ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the fiscal year ended December 31, 2024or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period fromtoCommission file number: 001-35779 USA Compression Partners, LP(Exact name of registrant as Specified in its charter) Delaware75-2771546(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 8117 Preston Road, Suite 510ADallas, Texas 75225(Address of principal executive offices) (Zip Code)Registrant’s telephone number, including area code:(512) 473-2662 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered Securities registered pursuant to Section 12(g) of the Act:None Indicateby check mark if the registrant is a well-known seasoned issuer,as defined in Rule 405 of the SecuritiesAct. Yes☐No☐ Indicateby check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of theAct. Yes☐No☐ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☐No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” or an “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) bythe registered public accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive o☐cers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☐ The aggregate market value of common units held by non-affiliates of the registrant as of June 30, 2024, the last business dayof the registrant’s most recently completed second fiscal quarter was $1.7 billion. This calculation does not reflect a determinationthat such persons are affiliates for any other purpose. As of February 6, 2025, there were 117,528,971 common units outstanding.DOCUMENTS INCORPORATED BY REFERENCE: NONE Table of Contents Table of Contents Item 1.Business1Item 1A.Risk Factors10Item 1B.Unresolved Staff Comments33Item 1C.Cybersecurity33Item 2.Properties35Item 3.Legal Proceedings35Item 4.Mine Safety Disclosures35 PART II Item 5.Market For Registrant’s Common Equity, Related Stockholder Matters, andIssuer Purchases of Equity Securities36Item 6.[Reserved]37Item 7.Management’s Discussion and Analysis of Financial Condition and Results ofOperations37Item 7A.Quantitative and Qualitative Disclosures About Market Risk51Item 8.Financial Statements and Supplementary Data52Item 9.Changes in and Disagreements With Accountants on Accounting and FinancialDisclosure52Item 9A.Controls and Procedures52Item 9B.Other Information55Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections55 PART III56 Item 10.Directors, Executive Officers, and Corporate Governance56Item 11.Executive Compensation61 Item 12.Security Ownership of Certain Beneficial Owners and Management and RelatedUnitholder Matters86Item 13.Certain Relationships and Related Transactions and Director Independence89Item 14.Principal Accountant