Kodiak Gas to Buy CSI Compressco in $854mn All-Equity Deal

(CSI Compressco, 19.Dec.2023) — Kodiak Gas Services, Inc. (NYSE: KGS) and CSI Compressco LP (NASDAQ: CCLP) executed a definitive merger agreement under which Kodiak will acquire CSI Compressco in an all-equity transaction valued at approximately $854mn, including the assumption of $619mn of net debt, based on the closing price of Kodiak’s stock on 18 Dec. 2023. […]

CSI Compressco Reveals Quarterly Distribution, Schedules 3Q:23 Earnings Call

(CSI Compressco, 19.Oct.2023) — CSI Compressco LP (NASDAQ: CCLP) announced that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended 30 September 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 14 […]

CSI Continues Leverage Reduction

(CSI, 7.Aug.2023) — CSI Compressco LP (NASDAQ: CCLP) announced second quarter 2023 results. Second Quarter 2023 Results: Total revenues were $96.8mn compared to $84.5mn in the second quarter 2022. Contract services revenue increased to $70.5mn compared to $64.3mn in the second quarter 2022. Net loss was $2.6mn compared to a net loss of $6.8mn in the second quarter 2022. Adjusted EBITDA was $32.5mn compared to $26.4mn in […]

CSI Compressco on Cash Distribution, 1Q:23 Webcast

(CSI Compressco, 17.Apr.2023) — CSI Compressco LP (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended 31 March 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 15 May 2023 to […]

NRGBriefs: CSI Compressco Cash Distribution

(Energy Analytics Institute, 21.Jan.2022) — Energy briefs including CSI Compressco LP’s (NASDAQ: CCLP) BODs of its general partner declaring a cash distribution attributable to the 4Q:21; and PDVSA’s US refining arm Citgo Petroleum being Venezuela’s most priced int’l asset. NORTH AMERICA US — CSI Compressco LP’s (NASDAQ: CCLP) BODs of its general […]

CSI Compressco Announces Quarterly Distribution

(Energy Analytics Institute, 19.Jan.2021) — CSI Compressco LP’s board of directors of its general partner has declared a cash distribution attributable to the quarter ended 31 December 2020 of $0.01 per outstanding common unit, or $0.04 per outstanding common unit on an annualized basis. CSI, which provides compression services and […]

CSI Compressco On 4Q:20 Conference Call, Webcast

(CSI Compressco LP, 19.Jan.2021) — CSI Compressco LP expects to release its fourth quarter and full year 2020 results before the opening of the market on Wednesday, 24 February 2021. Following the release, CSI Compressco will host a conference call at 10:30 a.m. Eastern Time to discuss the results.  CSI […]

Compressco Releases Date For 3Q:20 Conference Call

(CSI Compressco, 20.Oct.2020) — CSI Compressco expects to release its third quarter 2020 results before the opening of the market on 2 November 2020. Following the release, CSI Compressco will host a conference call at 9:30 a.m. Eastern Time to discuss the results. CSI Compressco invites you to listen to […]

CSI Compressco Announces Quarterly Distribution

(CSI Compressco, 20.Oct.2020) — CSI Compressco LP announced that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended 30 September 2020 of $0.01 per outstanding common unit, or $0.04 per outstanding common unit on an annualized basis. This cash distribution will […]