(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. […]
Tag: CSI Compresso LP
CSI Compressco 2021 K-3 Investor Tax Packages Available Online
(CSI Compressco, 1.Sep.2022) — CSI Compressco LP (NASDAQ: CCLP) announced that the Partnership’s 2021 Schedule K-3 investor tax packages reflecting items of international tax relevance 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 […]
CSI Compressco Reports Total Revenues of $80mn in 1Q:22
(CSI Compressco, 13.May.2022) — CSI Compressco LP (NASDAQ: CCLP) announced first quarter 2022 results. The operating results presented throughout this document include the operating results of Spartan Treating (as defined in our 10-K filed 14 Mar. 2022) due to the previously reported acquisition on 10 November 2021. As the Partnership and […]
CSI Compressco Reports 2Q:21 Results
(CSI Compressco, 30.Jul.2021) — CSI Compressco LP (NASDAQ: CCLP) announced second quarter 2021 results. Second Quarter 2021 Summary: Total revenues for the second quarter 2021 were $69.8mn, compared to $65.7mn in the first quarter 2021. Compression and related services revenue increased sequentially to $55.3mn in the second quarter 2021 compared […]
CSI Compressco Reports 1Q:21 Results
(CSI Compressco, 30.Apr.2021) — CSI Compressco LP (NASDAQ: CCLP) announced first quarter 2021 results. First Quarter 2021 Summary: Total revenues for the first quarter 2021 were $65.7mn, compared to $71.1mn in the fourth quarter 2020. Compression and related services revenue increased sequentially to $54.2mn in the first quarter 2021 compared […]
CSI Compressco LP Regains NASDAQ Compliance
(CSI, 18.Dec.2020) — CSI Compressco LP received a letter from the Nasdaq Stock Market LLC on 17 December 2020 which contained a NASDAQ compliance determination that the partnership has regained compliance with NASDAQ Listing Rule 5450(a)(1), which requires listed securities to maintain a minimum closing bid price of $1/unit. CSI […]
CSI Compressco Provides Financial And Ops Update
(CSI, 13.Apr.2020) — CSI Compressco LP announced that, in light of the current, significant macroeconomic uncertainty resulting from the recent decline in oil prices and the ongoing COVID-19 pandemic, it is withdrawing its previously issued financial guidance for full year 2020, which should no longer be relied upon. The Partnership […]