Csi Compressco Lp's Suppliers recorded an increase in sales by 9.63 % year on year in Q3 2023, sequentially sales grew by 0.88 %, Csi Compressco Lp recorded an increase in cost of sales by 1.58 % year on year, sequentially cost of sales grew by 1.54 % in Q3.
Csi Compressco Lp's Suppliers recorded an increase in sales by 9.63 % year on year in Q3 2023, sequentially sales grew by 0.88 %, Csi Compressco Lp recorded increase in cost of sales by 1.58 % year on year, sequentially cost of sales grew by 1.54 % in Q3.
At our fabrication facility in Midland, Texas, we design, engineer, and fabricate
a wide spectrum of natural gas reciprocating and rotary screw compressor packages
up to 8,000 horsepower, including both standard field compression equipment meeting
industry standards and specialty engineered compression equipment designed for
unique customer specifications. We internally fabricate skids, pressure vessels
built to American Society of Mechanical Engineers code, and piping systems and
integrate them with engines, compressors, and other components obtained from third-party
suppliers. The compressor packages are used in our services business and they
are sold to major and independent oil and natural gas exploration and production
companies as well as midstream processing and transmission companies. We design,
engineer, fabricate and market high-quality gas compressor packages that have
a superior reputation in the industry as indicated by occasional sales to competitive
fleets and to end users who have their own compressor package fabrication capabilities.
A majority of the components we use to fabricate compressor packages and pump
systems are obtained from third-party suppliers. These components represent
a significant portion of the cost of the compressor packages and pump systems.
Some of the components used in the assembly of our compressor packages and pump
systems are obtained from a single supplier or a limited group of suppliers.
Typical contracts with these suppliers are for a period of twelve months. Should
we experience a lack of availability of the components we use to fabricate our
packages and systems, we believe that there are adequate, alternative suppliers
and that any impact would not be severe, although short-term disruptions could
be material. We occasionally experience long lead times for components from
suppliers and, therefore, at times make purchases in anticipation of future
orders.
Csi Compressco Lp's Comment on Supply Chain
At our fabrication facility in Midland, Texas, we design, engineer, and fabricate
a wide spectrum of natural gas reciprocating and rotary screw compressor packages
up to 8,000 horsepower, including both standard field compression equipment meeting
industry standards and specialty engineered compression equipment designed for
unique customer specifications. We internally fabricate skids, pressure vessels
built to American Society of Mechanical Engineers code, and piping systems and
integrate them with engines, compressors, and other components obtained from third-party
suppliers. The compressor packages are used in our services business and they
are sold to major and independent oil and natural gas exploration and production
companies as well as midstream processing and transmission companies. We design,
engineer, fabricate and market high-quality gas compressor packages that have
a superior reputation in the industry as indicated by occasional sales to competitive
fleets and to end users who have their own compressor package fabrication capabilities.
A majority of the components we use to fabricate compressor packages and pump
systems are obtained from third-party suppliers. These components represent
a significant portion of the cost of the compressor packages and pump systems.
Some of the components used in the assembly of our compressor packages and pump
systems are obtained from a single supplier or a limited group of suppliers.
Typical contracts with these suppliers are for a period of twelve months. Should
we experience a lack of availability of the components we use to fabricate our
packages and systems, we believe that there are adequate, alternative suppliers
and that any impact would not be severe, although short-term disruptions could
be material. We occasionally experience long lead times for components from
suppliers and, therefore, at times make purchases in anticipation of future
orders.
CCLP's Suppliers recorded a net loss
Suppliers recorded net loss
CCLP's Suppliers recorded a net loss
Suppliers recorded net loss
Csi Compressco Lp's Suppliers Sales Growth
in Q3 2023 by Industry
Sources:
Csi Compressco Lp's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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