USA Compression Partners LP 2026年季度报告

WASHINGTON, D.C. 20549 Form10-Q (MARK ONE) ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromtoCommission File No.001-35779 USA Compression Partners, LP(Exact name of registrant as specified in its charter) Texas(State or other jurisdiction ofincorporation or organization) 8115 Preston Road, Suite 700Dallas, Texas(Address of principal executive offices) (214) 545-0440(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common units representing limited partnerinterests Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such 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 Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that theregistrant 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,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying 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 is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As of July31, 2026, there were 144,943,345 common units outstanding. TABLE OF CONTENTS GLOSSARY The abbreviations, acronyms and industry terminology used in this Quarterly Report on Form 10-Q are defined as follows: PARTI.FINANCIAL INFORMATION USA COMPRESSION PARTNERS, LPUnaudited Condensed Consolidated Balance Sheets(in thousands, except unit amounts) Assets USA COMPRESSION PARTNERS, LP Unaudited Condensed Consolidated Statements of Cash Flows (continued)(in thousands) USA COMPRESSION PARTNERS, LPNOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (1)Organization and Description of Business Unless otherwise indicated, the terms “our,” “we,” “us,” “the Partnership,” and similar language refer to USA CompressionPartners, LP, collectively with its consolidated subsidiaries. USA Compression Partners, LP is a Texas limited partnership. Through our operating subsidiaries, we provide natural gascompression services to customers under fixed-term contracts in the natural gas and crude oil industries, using compression packagesthat we design, engineer, own, operate, and maintain. We also own and operate a fleet of equipment used to provide natural gastreating services, such as carbon dioxide and hydrogen sulfide removal, cooling, and dehydration, as well as specialized manufacturingfacilities for compression units. We provide compression services in unconventional resource plays throughout the U.S., including theUtica, Marcellus, Permian, Denver-Julesburg, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, andBakken. USA Compression Partners, LP converted from a Delaware limited partnership to a Texas limited partnership on July 6, 2026. USA Compression GP, LLC is a Texas limited liability company that serves as our general partner. It is referred to herein as the“General Partner.” The General Partner is wholly owned by Energy Transfer. USA Compression GP, LLC converted from a Delawarelimited liability company to a Texas limited liability company on July 6, 2026. The accompanying unaudited condensed consolidated financial statements include the accounts of the Partnership and itssubsidiaries, all of which are wholly owned by us. Acquisition of J-W Power Company On January 12, 2026 (the “J-W Acquisition Date”), the Partnership and USA Compression Partners, LLC, a wholly ownedsubsidiary of the Partnership, completed the acquisition of J-W Energy Company (“J-W Energy”) and its subsidiary, J-W PowerCompany (“J-W Power”), pursuant to which USA Compression Partners, LLC purchased all of the issued and outstanding capitalstock of J-W Energy from Westerman, Ltd. (the “J-W Power Acquisition”). The J-W Power Acquisition had an initial purchase price of$860.0million, which after accounting for our common unit price and certain purchase price adjustments, resulted in an aggregatepayment of app