Service & Supply | General News | Oilfield Services
Compressco Partners Announces Name, Ticker Change
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Compressco Partners, L.P. has changed its name to CSI Compressco LP, effective December 1, 2014, following the closing of its acquisition of Compressor Systems, Inc. in August 2014.
In addition to the name change, and also effective December 1, 2014, the NASDAQ ticker symbol for CSI Compressco LP's common units has been changed from "GSJK" to "CCLP". No action is required by unitholders as a result of these changes.
Ron Foster, Senior Vice President and Chief Marketing Officer of CSI Compressco LP, remarked, "We are very excited with progress on assimilating these two great companies and believe the new name provides evidence of our progress in combining two very complimentary company cultures into one world class organization. With the acquisition of CSI, we now offer a full range of compression products and services that cover compression needs throughout the entire natural gas production and transportation cycle. Our primary business lines include service operations, after-market services and equipment sales to natural gas and oil producing clients throughout North America and many foreign countries."