Financial Performance - First Quarter 2025 revenues reached $245.2 million, a 7% year-over-year increase[5] - Adjusted EBITDA for the First Quarter 2025 was $149.5 million, also a 7% year-over-year increase[5] - USAC's active fleet utilization was near fully utilized at 94%[6] - Distributable Cash Flow (DCF) for Q1 2025 was $88.695 million[31] - The Distributable Cash Flow Coverage Ratio was 1.44x for Q1 2025[31] Growth and Demand - Average revenue generating horsepower (HP) was 3.56 million, a 2% year-over-year increase[5] - USAC anticipates benefiting from increased LNG exports and electrification of everything ("EoE")[9] - Over 60% of USAC's active fleet, approximately 3.3 million HP, is located in regions expected to benefit most from increased natural gas demand[10] Guidance and Capital Structure - Full year 2025 Adjusted EBITDA guidance is between $590 million and $610 million[21] - Full year 2025 Distributable Cash Flow guidance is between $350 million and $370 million[21] - Expansion capital expenditures for 2025 are projected to be between $120 million and $140 million, including approximately $21 million for other business support capital[21, 20] - Moody's upgraded USAC's debt ratings in February 2025[6, 40]