USA Compression Partners LP (USAC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to USA Compression Partners' first quarter 2026 earnings conference call. During today's call, all parties will be in the listen-only mode. At the conclusion of management's prepared remarks, the call will be open for question and answer session. And if you would like to ask a question during this time, please press the star 1 on your telephone keypad. To withdraw your question, please press the star 1 again. Thank you. And this conference is being recorded today, May 5, 2026. I would now like to turn the call over to Clint Green, President and CEO, who may begin. Good morning, everyone, and thank you for joining us. With me today is Chris Paulson, Senior Vice President and CFO, Chris Watson, Senior Vice President and COO, and other members of our leadership team. This morning, we released our operational and financial results for quarter ending March 31st, 2026. Today's call will contain forward-looking statements based on our current beliefs and certain non-GAAP measures. Please refer to our earnings release and SEC filings for reconciliations and definitions of non-GAAP measures and related risk factors. As we discuss performance, please note that JW Acquisition closed on January 12th. And therefore, Q1 earnings excludes the impact of revenues and expenses for JW Power for the first 11 days of the quarter. Before we get into the quarter, I want to take a moment to recognize our team on safety. Our people go to work in the field every day, working around complex equipment, driving millions of miles a month. And the way they return to their family matters more than any financial metric we report. In 2025, our combined TRIR finished at a 0.39, a 50% reduction from 2024, and well below the BLS industry average of 0.70, a benchmark we have now bea...