Good results. joined morning, everyone, we XXXX our Thank on you, released Eric year-end Chris. joining our I'm for This COO. morning, quarter the and by our call. thanks Scheller, call today fourth and
year that we outstanding extremely pleased to another and We able of are deliver quarter results. were full
and We continue increase decrease leverage. coverage distribution to
our notes and of financial well of until not our ratio towards mature, X.Xx us results which flexibility our XXXX increased senior continued when is reflect previously goal movement us XXXX. incremental positioning for and QX leverage Our providing and QX mentioned
coverage, including the both flow margin, adjusted gross flow, revenue-generating results, revenue-generating horsepower. EBITDA, revenues, full results, horsepower for record distributable average note, distributable year cash cash average and achieved adjusted quarterly many we and Of
prices ratio over fourth to highs. common X.Xx nearing $XX all-time reduced and unit the quarter, saw our We leverage also during
AMZI, a resulting added funds. great Verifi Finally, added had the were units X.X we I approximately to saying index in Infrastructure the feel we comfortable year. million Index, common Alerian MLP to
that As efficiency, gas the and in our industry, improving price have status, margins maximizing with active through idle on to are year will on service line results. capture capital we converting be to growth position as resilient equipment units natural improvements always continuation enables the forward, of we in that USAC continuing we player returns compression opportunistic done. purchasing continuing a we USAC quarter as internal look fourth of XXXX to a operational focus
have call, true. accept As USAC to we be and yet That in the mentioned statement purchase in units. to continues last the others to pricing industry required not customers compression quarter's for our new begun
most near-term the will of The rates The ahead. mindful higher also and are reports We economic terminally have be slow. we from Reserve over China decade. geopolitical the recent the experienced Federal to last including economy, worldwide what uncertainty that indicate than
we finally, there XXXX escalating fight are in suggest weather the financially With to we ability factors over remain flexible. that course management's to have of our in one operationally is is prudent and believe the mind, time strength storm. action proven U.S. We a Russia-Ukraine and budget And believe is East ongoing geopolitical We Middle tension in the see conflict. never-ending cycle. continuing these government federal the to election
growth, efficiency of In internally battened and that hatches of theme notice has stable that growth. If the our core rained review are and the however, USAC you supportive geopolitical down industry USAC's to grows growth. USAC history, a will you times and on focused environment common been you has uncertainty, will notice historical when productivity. that in
Throughout significant compression utilization as show It's space times, downturns. lasting face management the new COVID USAC's to those the USAC XXXX, maintain XXXX continued of record while proven during recently sustaining the our to to most such distribution and to those enough cycles, when during experience track maintain at and you're manageable to high fresh a has XXXX adjusted XXXX EBITDA levels strong yet to levels leverage. growth downturn. and to utilization, that easy has revenue
view prudent and of term prospects do industry. you plans is as bullish we cash without current right capital through do the expect natural maintain story to that The the to, general While not times. dramatic those the uncertainty a XXXX We flow have some we still become the not see accustomed spending prior match at the specific long-term of our near industry. as and financial be USAC uncertainty cycles, compression one of our clarity ahead very all believe stability to gas
As we looks our tied before, business have production is to on future fronts. commodity directly but rather The both and prices, said not bright demand.
current of production new gas natural terminals. to Biden scheduled through natural facilities impacted further end U.S. XXXX as approved Bcf XXXX. be and which announcement approval expects day continue XX that capacity XXXX, incremental The day. on more LNG from are especially to a pause beyond, U.S. meet the the from in to is the expected stream export EIA administration to gas come LNG than period, by demand forecast clear, XX continue of in to the to already likely a not exports and To global growing the is capacity U.S. rising growing increase of Bcf about recent
expenditures, currently structure focus comparison in dovetail well value to balance rates, flexibility outstanding internal which and at unitholder time our these efficiency to provide capital believe will with our dynamics improve pursue over plans long-term opportunistically will believe our We process we $XX structure. to to reduced through potentially like point continue allow us current believe would million common units. significantly and us an X.X improving additional optimization million capital XXXX to this the through issued by mention to refinancing common have into absorbed common on capital be sheet, market the cost allowing exercises policy maximizing When combined of will less date. aggregate, units convert preferred I capital in XXXX. further preferred indebtedness in including to improvement, previous units this had to financial us We least changes. attractive pursuant units distribution regards our open in and to with the at which we the warrant of the leverage XX% January, into been the reductions resulted One unitholders, In
published liquidity on The with find cash increases which flow de is minimis have on recently impact our our presentation you that we our good public can news a a highlighted investor website. in distributable coverage, this
ways continue the and hard-working maximize can value employees. XXXX different. the capital there for will to from I to our field no be will gears, As would always, we recognize structure like Switching that to derived look be
During the in keeping at our country our compression as recent customers' ready sleep, in that units employees across storm mid-January, our called were gas swept and storm. changed ice compression the winter the upon to needs natural battle the to response
here always all USA keep customers heat our helping we Compression, serving the communities, it to and are about the As most. mattered our at and on when lights
this dedication safety average. of proud storm service. need this we our is I'm industry performance proud company employees' employees the of Scheller. Mr. that actions those and our I'm serving generation of continued to example another during XXXX to to a level our more all commitment One power to over Our recent I before high just very pleased point outperform times. turn that call the during baseload the field
of As our organization. of priority contractors safety always, remain the employees our employees customers' and our our #X the
turn being focus continued extremely We discuss COO, I will do proud highlights. on we day. Eric of to our safe every to quarter employees' are each Scheller, our call the fourth over and in With that, our all