USA Compression Partners, LP Common Units (NYSE:USAC) Q1 2024 Earnings Conference Call May 7, 2024 11:00 AM ET
Company Participants
Chris Porter - Vice President, General Counsel & Secretary
Eric Long - President & Chief Executive Officer
Eric Scheller - Chief Operating Officer
Conference Call Participants
Jim Rollyson - Raymond James
Brian DiRubbio - Baird
Operator
Good morning. Welcome to the USA Compression Partners' First Quarter 2024 Earnings Conference Call. During today's call, all parties will be in a listen-only mode. At the conclusion of management's prepared remarks, the call will be opened for Q&A. [Operator Instructions] This conference is being recorded today, May 7, 2024.
I now would like to turn the call over to Chris Porter, Vice President, General Counsel and Secretary. Please go ahead.
Chris Porter
Good morning everyone and thank you for joining us. This morning we released our operational and financial results for the quarter ending March 31, 2024. You can find a copy of our earnings release as well as a recording of this call in the Investor Relations' section of our website at usacompression.com.
During this call, our management will reference certain non-GAAP measures. You will find definition and reconciliation of these non-GAAP measures to the most comparable U.S. GAAP measures in our earnings release.
As a reminder, our conference call will include forward-looking statements. These statements are based on management's current beliefs and include projections and expectations regarding our future performance and other forward-looking matters.
Actual results may differ materially from these statements. Please review the risk factors included in this morning's earnings release and in other public filings. Please note that information provided on this call speaks only to management's views as of today, May 7, 2024, and may no longer be accurate at the time of a replay.
I will now turn the call over to Eric Long, President and CEO of USA Compression.
Eric Long
Thank you, Chris. Good morning everyone and thanks for joining our call. I am joined on the call by Eric Scheller, our COO.
This morning, we released our first quarter 2024 results, which reflected another quarter of record results. Our first quarter results were driven by our strategy laid out during previous calls, focusing on prudent deployment of capital through return-based decision-making and demand-driven pricing, with extended contract tenors.
By staying disciplined, we have continued to drive financial and operational performance to record levels, which we believe enhances and sustains unitholder value.