CSI Compressco LP provides compression services for natural gas and oil production, gathering, artificial lift, transmission, processing, and storage companies in the United States, Mexico, Canada, Argentina, and internationally. The company offers GasJack and VJack electric powered low-horsepower compressor packages to provide production enhancement services for dry gas wells, liquid-loaded gas wells, and backside auto injection systems. It also provides medium-horsepower compressor packages to move natural gas from the wellhead through the field gathering system; and high-horsepower compressor packages for use in midstream applications, including natural gas gathering and centralized compression facilities. In addition, the company sells engine parts, compressor package parts, and other components manufactured by third-party suppliers, as well as provides aftermarket services, such as operations, maintenance, overhaul, and reconfiguration. Further, it offers well monitoring and sand separation, as well as early production services. CSI Compressco GP Inc. serves as the general partner of CSI Compressco LP. The company was formerly known as Compressco Partners, L.P. and changed its name to CSI Compressco LP in December 2014. CSI Compressco LP was founded in 2008 and is headquartered in The Woodlands, Texas.
IPO Year: 2011
Exchange: NASDAQ
Website: csicompressco.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/12/2021 | $1.00 → $1.50 | Sell → Hold | Stifel |
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
4 - CSI Compressco LP (0001449488) (Issuer)
Stifel upgraded CSI Compressco from Sell to Hold and set a new price target of $1.50 from $1.00 previously
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8-K - CSI Compressco LP (0001449488) (Filer)
25-NSE - CSI Compressco LP (0001449488) (Subject)
8-K - CSI Compressco LP (0001449488) (Filer)
DEFA14A - CSI Compressco LP (0001449488) (Filer)
DEFA14A - CSI Compressco LP (0001449488) (Filer)
THE WOODLANDS, Texas, March 4, 2024 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ:CCLP) today announced that the Partnership's 2023 Schedule K-1 investor tax packages are now available online. They may be accessed through CSI Compressco's website through the Investor Relations K-1 Tax Support link or directly through the K-1 Tax Package Support website, www.taxpackagesupport.com/compressco. The Partnership plans to mail tax packages beginning this week. For additional information, regarding the Tax Package for the year ended Dec. 31, 2023, u
THE WOODLANDS, Texas, March 1, 2024 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco", "CCLP" or the "Partnership") (NASDAQ:CCLP) today announced fourth quarter and total year 2023 results. Fourth Quarter 2023 Summary Total revenues for fourth quarter 2023 were $98.3 million compared to $94.0 million for fourth quarter 2022.Net loss for fourth quarter 2023 was $3.3 million compared to $4.2 million for fourth quarter 2022.Adjusted EBITDA for fourth quarter 2023 was $34.7 million compared to $31.4 million for fourth quarter 2022.Distributable cash flow for fourth quarter was $
THE WOODLANDS, Texas, Feb. 27, 2024 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ:CCLP) announced today that it expects to release its fourth quarter and full year 2023 results before the opening of the market on Friday, March 1, 2024. Due to the pending merger with Kodiak Gas Services, Inc., CSI Compressco will not host a conference call or webcast to discuss its fourth quarter 2023 results. About CSI Compressco CSI Compressco is a provider of compression services and equipment for natural gas and oil production, gathering, artificial lift, transmission, proces
MONTGOMERY, Texas and THE WOODLANDS, Texas, Feb. 21, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. ("Kodiak" or the "Company") (NYSE:KGS) and CSI Compressco LP (the "Partnership") (NASDAQ:CCLP) today announced that, following the Securities and Exchange Commission declaring effective the Registration Statement on Form S-4/A (Registration No. 333-276508) on February 20, 2024, certain of the Partnership's unitholders have delivered written consents approving the Agreement and Plan of Merger, dated December 19, 2023 by and between Kodiak, the Partnership, CSI Compressco GP LLC (the "General Partner") and certain of their respective affiliates (the "Merger Agreement"). These unitholders, Sparta
THE WOODLANDS, Texas, Jan. 18, 2024 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ:CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended December 31, 2023 of $0.01 per outstanding common unit, or $0.04 per outstanding common unit on an annualized basis. This cash distribution will be paid on February 14, 2024 to all common unitholders of record as of the close of business on January 31, 2024. About CSI Compressco CSI Compressco is a provider of compression services and equipment
All-equity acquisition to create the industry's largest contract compression fleet of 4.3 million revenue-generating horsepowerDeepens Kodiak's position in key operating areas, including over 2.8 million horsepower in the Permian BasinExpected annual run-rate cost synergies of at least $20 millionCSI Compressco unitholders will receive 0.086 shares of Kodiak common stock for each CSI Compressco common unit owned, representing a price of approximately $1.65 per unit based on the closing price of Kodiak's stock on December 18, 2023Kodiak shareholders will realize immediate accretion to Discretionary Cash Flow and Free Cash Flow per share upon closingTransaction benefits to CSI Compressco unith
THE WOODLANDS, Texas, Nov. 17, 2023 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ:CCLP) announced today that it will be presenting at the Bank of America Leveraged Finance Conference. CSI Compressco's latest presentation materials are available on CSI Compressco's website at https://csicompressco.com under "News and Events; Presentations" on the Investor Relations tab. Bank of America Leveraged Finance Conference The Bank of America Leveraged Finance Conference will be hosted in Boca Raton, Florida on Monday, November 27th through Wednesday, November 29th, 2023
THE WOODLANDS, Texas, Sept. 29, 2023 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ:CCLP) announced today that it will be presenting at the LD Micro Main Event XVI. CSI Compressco's latest presentation materials are available on CSI Compressco's website at https://csicompressco.com under "News and Events; Presentations" on the Investor Relations tab. LD Micro Main Event XVI The LD Micro Main Event XVI will be hosted at the Luxe Sunset Boulevard Hotel in Los Angeles, California on October 3rd and 4th, 2023. The event is expected to feature around 200 companies, p
THE WOODLANDS, Texas, Aug. 7, 2023 /PRNewswire/ -- CSI Compressco LP ("CSI," or the "Partnership") (NASDAQ:CCLP) today announced second quarter 2023 results. Second Quarter 2023 Results: Total revenues were $96.8 million compared to $84.5 million in the second quarter 2022.Contract services revenue increased to $70.5 million compared to $64.3 million in the second quarter 2022.Net loss was $2.6 million compared to a net loss of $6.8 million in the second quarter 2022.Adjusted EBITDA was $32.5 million compared to $26.4 million in the second quarter 2022.Trailing Twelve Months
THE WOODLANDS, Texas, July 26, 2023 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ:CCLP) announced today that on July 24, 2023, Spartan Energy Holdco LLC, the sole member of CSI Compressco GP LLC (the "General Partner"), the general partner of CSI Compressco, increased the size of the Board of Directors of the General Partner (the "Board") from eight members to nine members and appointed Joseph Patrick McElroy to serve as a member of the Board, effective immediately. Mr. McElroy currently serves as a Managing Partner of Merced Capital, L.P. About CSI Compressco C