CSI Compressco LP (CCLP) Financial Statements (2026 and earlier)

Company Profile

Business Address 1735 HUGHES LANDING BLVD
THE WOODLANDS, TX 77380
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,4756,59816,5772,37015,8587,601
Cash and cash equivalent8,4756,59816,5772,37015,8587,601
Receivables66,03353,52043,83764,76065,06747,776
Inventory, net of allowances, customer advances and progress billings45,90233,27131,18856,03765,22242,283
Inventory45,90233,27131,18856,03765,22242,283
Prepaid expense  7,3905,1844,1265,6004,487
Disposal group, including discontinued operation   39   
Other undisclosed current assets7,905     
Total current assets:128,315100,77996,825127,293151,747102,147
Noncurrent Assets
Operating lease, right-of-use asset27,20525,89832,63721,006✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization544,973570,462551,401642,367641,319606,479
Intangible asset, including goodwill, after accumulated amortization, including:19,14022,09529,10331,58033,67834,306
Intangible asset, excluding goodwill, after accumulated amortization19,14022,09525,05728,01730,97833,942
Other undisclosed intangible asset, including goodwill, after accumulated amortization   4,0463,5632,700364
Deferred income tax assets35  ✕✕
Other noncurrent assets2,7673,122 3,5392,687354
Other undisclosed noncurrent assets    (3,539)(2,687)(354)
Total noncurrent assets:594,088621,582613,141694,953674,997640,785
TOTAL ASSETS:722,403722,361709,966822,246826,744742,932
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities81,66568,84655,56790,41865,93845,446
Accounts payable34,58928,95819,76647,83733,40821,661
Accrued liabilities47,07639,88835,80142,58132,53023,785
Deferred revenue2,5902,187269 ✕✕
Debt    6,706  
Disposal group, including discontinued operation  262345   
Deferred revenue and credits✕✕✕✕✕✕15,526
Due to related parties✕  3,2347,7043,5173,034
Other undisclosed current liabilities    2,79924,898 
Total current liabilities:84,25571,29559,415107,62794,35364,006
Noncurrent Liabilities
Long-term debt and lease obligation634,016648,789662,690652,060633,013512,176
Long-term debt, excluding current maturities634,016631,141638,631638,238633,013512,176
Liabilities, other than long-term debt, including:29,4061,11813,19413,5681,0751,463
Deferred tax liabilities, net✕✕✕✕✕1,0121,403
Deferred income tax liabilities1,2458191,478 ✕✕
Due to related parties✕   12,324  
Other liabilities8,74229911,716336360
Operating lease, liability19,41917,64824,05913,822✕✕
Other undisclosed liabilities, other than long-term debt    1,211  
Other undisclosed noncurrent liabilities     30,90070,260
Total noncurrent liabilities:663,422649,907675,884665,628664,988583,899
Total liabilities:747,677721,202735,299773,255759,341647,905
Equity
Equity, attributable to parent(14,406)(14,404)(14,393)(14,573)(15,086)(11,489)
Accumulated other comprehensive loss(14,406)(14,404)(14,393)(14,573)(15,086)(11,489)
Other undisclosed equity   (10,940)63,56482,489106,516
Total equity:(14,406)(14,404)(25,333)48,99167,40395,027
Other undisclosed liabilities and equity(10,868)15,563    
TOTAL LIABILITIES AND EQUITY:722,403722,361709,966822,246826,744742,932

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues353,398304,171301,587476,581438,663295,566
Revenue, net✕✕✕✕✕✕295,566
Cost of revenue(197,566)(168,687)(174,233)(317,499)(308,397)(193,498)
Cost of product and service sold(197,566)(168,687) (125,104)(127,128)(161,242)
Other cost of operating revenue      (32,256)
Gross profit:155,832135,484127,354159,082130,266102,068
Operating expenses(120,794)(121,533)(135,933)(126,960)(114,568)(104,079)
Operating income (loss):35,03813,951(8,579)32,12215,698(2,011)
Nonoperating income (expense)(1,882)(3,868)(3,744)1,311(2,051)178
Gain (loss), foreign currency transaction, before tax   (200)80050(38)
Other nonoperating income (expense)(1,882)(3,868)(3,544)511(2,101)216
Interest and debt expense(50,503)(54,791)(54,468)(53,375)(52,585)(43,135)
Other undisclosed income from continuing operations before equity method investments, income taxes   6,9812,3224,5757,293
Loss from continuing operations before equity method investments, income taxes:(17,347)(44,708)(59,810)(17,620)(34,363)(37,675)
Other undisclosed loss from continuing operations before income taxes (135)     
Loss from continuing operations before income taxes:(17,482)(44,708)(59,810)(17,620)(34,363)(37,675)
Income tax expense(4,786)(4,952)(3,144)(3,353)(2,615)(2,784)
Loss from continuing operations:(22,268)(49,660)(62,954)(20,973)(36,978)(40,459)
Loss before gain (loss) on sale of properties:✕✕(50,272)(73,840)(20,973)(36,978)(40,459)
Income (loss) from discontinued operations 173(612)(10,886)   
Net loss attributable to parent:(22,095)(50,272)(73,840)(20,973)(36,978)(40,459)
Preferred stock dividends and other adjustments   30,40030,400  
Net income (loss) available to common stockholders, diluted:(22,095)(50,272)(43,440)9,427(36,978)(40,459)

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(22,095)(50,272)(73,840)(20,973)(36,978)(40,459)
Other comprehensive income (loss)   180513 (649)
Other undisclosed comprehensive income (loss)(2)(11)  (3,597)(429)
Comprehensive loss, net of tax, attributable to parent:(22,097)(50,283)(73,660)(20,460)(40,575)(41,537)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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