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GSJK > SEC Filings for GSJK > Form 8-K on 7-May-2013All Recent SEC Filings

Show all filings for COMPRESSCO PARTNERS, L.P. | Request a Trial to NEW EDGAR Online Pro



Results of Operations and Financial Condition, Financial Statements and

Item 2.02. Results of Operations and Financial Condition.

On May 7, 2013, Compressco Partners, L.P. (the "Partnership") issued a press release announcing its financial results for the quarter ended March 31, 2013. The press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The information furnished in this Item 2.02 and in Exhibit 99.1 to this Current Report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Use of Non-GAAP Financial Information

The Partnership provides quarterly and annual financial statements that are prepared in accordance with generally accepted accounting principles, or "GAAP." To help understand the Partnership's past financial performance and future results, the Partnership has supplemented the financial results that it provides in accordance with GAAP included in the press release with disclosures concerning EBITDA, distributable cash flow and distribution coverage ratio, which are non-GAAP financial measures. The methods the Partnership uses to produce these non-GAAP financial measures may differ from the methods used by other companies. EBITDA, distributable cash flow and distribution coverage ratio are not measures of financial performance under GAAP and the Partnership's reference to these non-GAAP financial measures should be considered in addition to results that are prepared under GAAP and should not be considered substitutes for financial results that are presented as consistent with GAAP. The Partnership's management uses supplemental non-GAAP financial information internally to understand, manage and evaluate the Partnership's business, to make operating decisions and for planning and forecasting purposes. Reconciliation to the nearest GAAP financial measure of the non-GAAP financial measures is included in the press release attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number                              Description
99.1             Press Release, dated May 7, 2013, issued by Compressco Partners,

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