AcquisitionsMay 7, 2026, 04:36 PM
USA Compression Acquires J-W Power; Q1 Revenue +35.1% to $331.3M
AI Summary
The acquisition of J-W Power Company on January 12, 2026, for approximately $911.6 million significantly expanded USA Compression Partners' fleet and capabilities. For the first quarter of 2026, the company reported a 35.1% increase in total revenues to $331.3 million and an 87.0% rise in net income to $38.3 million, with net income attributable to common unitholders up 137.8% to $38.3 million. The acquisition contributed $80.1 million in revenue and $12.8 million in net income since its completion.
Key Highlights
- USA Compression completed J-W Power Acquisition for $911.6M ($455.0M cash, $456.6M common units).
- Total revenues for Q1 2026 increased 35.1% to $331.3 million.
- Net income for Q1 2026 rose 87.0% to $38.3 million.
- Basic and diluted net income per common unit grew 92.9% to $0.27.
- Net cash from operating activities increased 57.5% to $86.1 million.
- J-W Power contributed $80.1 million revenue and $12.8 million net income post-acquisition.
- Total long-term debt, net, increased 18.1% to $2.98 billion.
- Quarterly distributions per common unit remained $0.525.
Price Impact
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