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CSI Compressco LP (CCLP.OQ)

CCLP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

CSI Compressco Announces Q4 2018 Guidance Update
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Csi Compressco Lp ::ANNOUNCES FOURTH QUARTER 2018 GUIDANCE UPDATE, PROVIDES 2019 GUIDANCE AND TEMPORARILY REDUCES DISTRIBUTION TO CASH REDEEM SERIES A PREFERRED UNITS.SEES FY 2019 REVENUE $490 MILLION TO $520 MILLION.Q4 2018 NET LOSS IS EXPECTED TO BE BETWEEN $3.5 MILLION AND $4.5 MILLION.CSI COMPRESSCO - INTENDS TO REDUCE QUARTERLY COMMON UNIT DISTRIBUTIONS FROM $0.1875 PER UNIT TO $0.01 PER UNIT FOR A PERIOD OF UP TO FOUR QUARTERS.INTENDS TO USE ABOUT $34 MILLION OF REDUCED DISTRIBUTIONS TO REDEEM REMAINING SERIES A PREFERRED UNITS FOR CASH.ORDERS FOR NEW EQUIPMENT REMAIN STRONG.SINCE END OF Q3, NEW ORDERS RECEIVED ARE $12 MILLION.AFTERMARKET SERVICES ACTIVITY ALSO REMAINS STRONG.SEES 2019 EARNINGS TO BE BETWEEN A NET LOSS OF $3.9 MILLION AND NET INCOME OF $7.0 MILLION.SEES 2019 ADJUSTED EBITDA TO BE BETWEEN $125 MILLION AND $140 MILLION, REFLECTING $140 MILLION BACKLOG AS OF SEPTEMBER 30, 2018.FY2019 REVENUE VIEW $464.5 MILLION -- REFINITIV IBES DATA.  Full Article

Tetra Technologies Q2 Earnings Per Share $0.03
Thursday, 9 Aug 2018 

Tetra Technologies Inc ::TETRA TECHNOLOGIES, INC. ANNOUNCES SECOND QUARTER RESULTS AND PROVIDES UPDATE TO TOTAL YEAR GUIDANCE.SEES FY 2018 REVENUE $965 MILLION TO $1.005 BILLION.Q2 LOSS PER SHARE $0.05 EXCLUDING ITEMS.Q2 REVENUE $260 MILLION VERSUS I/B/E/S VIEW $238.2 MILLION.Q2 EARNINGS PER SHARE $0.03.Q2 EARNINGS PER SHARE VIEW $0.01 -- THOMSON REUTERS I/B/E/S.SEES 2018 CONSOLIDATED ADJUSTED EBITDA OF BETWEEN $170 MILLION AND $190 MILLION.PROJECTED TOTAL YEAR CAPITAL EXPENDITURES FOR TETRA ONLY ARE EXPECTED TO BE BETWEEN $45 MILLION AND $55 MILLION.CSI COMPRESSCO CAPITAL EXPENDITURES ARE EXPECTED TO BE BETWEEN $110 MILLION AND $120 MILLION FOR THE YEAR.PROJECTED TOTAL YEAR TETRA ONLY FREE CASH FLOW IS EXPECTED TO BE BETWEEN $15 MILLION AND $25 MILLION.TOTAL YEAR PROJECTED LOSS BEFORE TAXES IS EXPECTED TO BE BETWEEN $16.9 MILLION AND $35.9 MILLION.  Full Article

CSI Compressco Sees FY Revenue Of $385 Mln To $400 Mln
Monday, 7 May 2018 

May 7 (Reuters) - Csi Compressco Lp ::ANNOUNCES FIRST QUARTER 2018 RESULTS AND PROVIDES TOTAL YEAR FINANCIAL GUIDANCE.SEES FY REVENUE $385 MILLION TO $400 MILLION.Q1 REVENUE $85.4 MILLION VERSUS I/B/E/S VIEW $82.7 MILLION.PROJECTED 2018 TOTAL CAPITAL EXPENDITURES EXPECTED TO BE BETWEEN $90 MILLION AND $110 MILLION.  Full Article

Csi Compressco LP Prices Private Offering Of $350 Million
Friday, 9 Mar 2018 

March 8 (Reuters) - Csi Compressco Lp ::CSI COMPRESSCO LP PRICES PRIVATE OFFERING OF $350 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED FIRST LIEN NOTES DUE 2025.  Full Article

CSI Compressco LP qtrly ‍net income per common unit $0.22​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - CSI Compressco LP ::CSI Compressco LP announces third quarter 2017 results and fourth quarter guidance.Q3 revenue $71.6 million versus I/B/E/S view $76.9 million.Says ‍backlog for equipment orders increased from $24 million in Q2-17 to $53.6 million in Q3-17​.Says ‍total capital expenditure forecast for 2017 remains at $25 million to $30 million​.Says ‍expect Q4 2017 net loss and adjusted EBITDA to be sequentially better than Q3​.Says qtrly ‍net income per diluted common unit $0.22​.  Full Article