XES - The Compression Sector Is On Fire
Overview
Publicly traded compression companies – Archrock (AROC), USA Compression Partners (USAC) and CSI Compressco (CCLP) – lease natural gas compression engines to E&P firms, pipelines, and other companies.
Source: Archrock website
These companies have been doing very well, achieving record orders, revenue, EBITDA and cash flows thanks to strong demand in the sector. When you hear about things like bottlenecks preventing natural gas from getting out of the Permian, and Marcellus shale sourced LNG ending up heating homes in Beijing, understand these guys are part of the solution