USA Compression Partners 2024 Outlook: Expects Net Income Of $95M-$115M, Adjusted EBITDA Of $555M-$575M, And Distributable Cash Flow Of $310M-$330M

2024-02-13 20:05

FULL-YEAR 2024 ADJUSTED EBITDA AND DISTRIBUTABLE CASH FLOW GUIDANCE RANGE RECONCILIATION TO NET INCOME (Unaudited)

	Guidance
Net income	$95.0 million to $115.0 million
Plus: Interest expense, net	184.0 million
Plus: Depreciation and amortization	260.0 million
Plus: Income tax expense	1.0 million
EBITDA	$540.0 million to $560.0 million
Plus: Unit-based compensation expense (1)	15.0 million
Adjusted EBITDA	$555.0 million to $575.0 million
Less: Cash interest expense	169.0 million
Less: Current income tax expense	1.0 million
Less: Maintenance capital expenditures	32.0 million
Less: Distributions on Preferred Units	45.0 million
Plus: Cash received on derivative instrument	2.0 million
Distributable Cash Flow	$310.0 million to $330.0 million