USA Compression Partners LP

Good morning. Welcome to USA Compression Partners' third quarter 2024 earnings conference call. During today's call, all parties will be in listen-only mode. At the conclusion of management prepared remarks, the call will be open for Q&A. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you'd like to withdraw your question, please press star one again. This conference is being recorded today, November 5, 2024. I now would like to turn the call over to Chris Porter, Vice President, General Counsel, and Secretary.

Good morning, everyone, and thank you for joining us. This morning, we released our operational and financial results for the quarter ending September 30, 2024. You can find a copy of our earnings release as well as 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 definitions and reconciliations 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 our other public violence. Please note that the information provided on this call speaks only to management's views as of today, November 5th, 2024, and may no longer be accurate at the time of a replay. Before I turn the call over to Clint Green, President and CEO of USA Compression, I would like to welcome him to the USA Compression family. Clint has a long history in the compression and midstream space, working at Hanover Compression, CDM, and leading SEC Energy for a period of time. Clint has continually risen through the ranks within the energy transfer organization, and I think we are fortunate that USAC is his next stop. With that, I will turn the call over to Clint.

Thank you, Chris. Good morning, everyone, and thank you for joining our call. Chris and I are joined on the call by Eric Scheller, our COO. First, I want to thank everyone at USAID for the hospitality and warm welcome over the past month. I've had the opportunity to meet some talented people, and I'm more excited than ever to join this team. Second, I want to thank Eric Long. As you all know, Eric was the special leader that grew the company from a single compression unit to one of the largest independent compression companies in the country. I look forward to continuing what he started. Third, I am excited to have Chris Paulson join us as CFO on November 18th. Chris brings a long history of EMP experience, most recently as the Senior Vice President of Business Development and Strategy at Pioneer Natural Resources. I believe Chris's prior experience will help USA Compression continue driving the business, not only financially, but through continued development given his experience in the EMP space. I am looking forward to working with Chris and as we further develop our long-term financial strategy. Finally, I wanted to touch on our third quarter results we released this morning. Our third quarter ended with records in revenue, adjusted gross margin, adjusted EBITDA, distributable cash flow, and average revenue generating horsepower. These results reflect a very supportive environment in the compression service space, allowing for an increased pricing as we continue to deploy horsepower. We expect this trend to continue as we see strong demand for compression services from our customers. We will continue to strategically evaluate growth opportunities going forward with a focus on creating additional customer and unit holder value. Before turning the call over to Eric Scheller to discuss third quarter results, I would like to also update you on an internal organization initiative to streamline back office operations. We have made the decision to implement the energy transfer shared services model at USA Compression. There will be more to come on this in the future quarters. With that, I will turn the call over to Eric Scheller, our Chief Operating Officer, to discuss our third quarter highlights.