USA Compression Partners (USAC) investor relations material

Financial performance and growth

• Achieved record Q1 2026 revenues of $331.3M, up 35% year-over-year, and record adjusted EBITDA of $188.6M, up 26% year-over-year.

• Distribution yield stands at 7.7% with over 50 consecutive quarters of stable or increased distributions.

• Total equity return reached 194% over five years, outperforming industry benchmarks.

• Adjusted EBITDA has grown at a 13% CAGR since 2022, with 2026 guidance of $770–$800M.

• Distribution coverage ratio at 1.72x and leverage ratio improved to 3.74x as of Q1 2026.

Operational footprint and business model

• Active horsepower (HP) reached 4.44 million after the J-W Power acquisition, with broad presence across major U.S. basins.

• Provides full lifecycle compression services under fixed-fee, take-or-pay contracts, ensuring consistent cash flows.

• Majority of contracts have terms of two to five years, supporting revenue stability.

• Utilization remains strong at 92% overall and 95% for large HP units.

• Aftermarket and technology investments are enhancing customer retention and operational efficiency.

Market outlook and demand drivers

• U.S. natural gas production expected to grow by over 20 Bcf/d by 2030, driven by LNG exports and power demand.

• Key growth basins include Permian, Haynesville, and Marcellus, with increasing compression intensity required.

• Estimated need for over 10 million incremental HP industry-wide by 2030.

• Company is positioned to capitalize on these trends with advanced order book into 2029.