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USDP

USD Partners LP

CEO

Dan Borgen

Industry

Pipeline Transportation of Crude Oil

usd partners lp acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the united states and canada. the company operates through two segments, terminalling services and fleet services. the terminalling services segment owns and operates hardisty terminal, an origination terminal for loading various grades of canadian crude oil onto railcars for transportation to end markets; stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in stroud, oklahoma; casper terminal, a crude oil storage, blending, and railcar loading terminal located in casper, wyoming; and west colton terminal, an unit train-capable destination terminals that trans load approximately 13,000 barrels per day ethanol received by rail from producers onto trucks. the fleet services segment provides leased railcars and fleet services related to the transporta

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USD Partners LP has announced that trading of its stock on the NYSE has been suspended. The company expects that its stock will begin trading on the OTC exchange starting November 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:54 pm

Green Plains Partners (NASDAQ:GPP) is distributing a dividend of $0.46 per share with an annualized yield of 12.75%. The company has seen a decrease in both dividend per share and earnings per share from 2019 to 2022, indicating potential financial difficulties and impacting its ability to sustain dividends. USD Partners (NYSE:USDP) leads the industry with a 133.51% annualized dividend yield.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:05 pm

USD Partners LP (USDP) has announced a second waiver extension agreement with its lenders and administrative agent under its existing credit agreement. This extends the forbearance period from November 3, 2023, to November 17, 2023. The lenders have agreed to continue to forbear from exercising any rights or remedies arising from certain events of default until the new expiration date.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:48 pm

USD Partners has entered into a waiver extension agreement under its credit agreement. The details of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 10:32 am

On Wednesday, 59 companies hit new 52-week lows. The largest company by market cap to set a new low was Dollar Tree (NASDAQ:DLTR), while the smallest was SenesTech (NASDAQ:SNES). Outlook Therapeutics (NASDAQ:OTLK) saw the biggest fall, with its stock trading down 84.34%. Dollar Tree (NASDAQ:DLTR) had the biggest turnaround, rebounding 0.05% after reaching a new low.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:19 pm

Green Plains Partners (NASDAQ:GPP) will distribute a dividend payout of $0.46 per share, equating to an annualized dividend yield of 13.11%. However, the company has seen a decrease in dividend per share from $1.90 in 2019 to $1.79 in 2022, and a decrease in earnings per share from $1.82 in 2019 to $1.73 in 2022. This could potentially impact their ability to continue distributing profits to investors.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:05 pm

KNOT Offshore Partners (NYSE:KNOP) is distributing a dividend payout of $0.03 per share, demonstrating an annualized dividend yield of 1.88%. The company has maintained a consistent dividend per share of $2.08 from 2019 to 2022, and its earnings have increased from $1.34 per share to $2.24 per share over the same period. USD Partners (NYSE:USDP) has the highest annualized dividend yield among its peers at 64.58%.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 3:05 pm

USD Partners (NYSE:USDP) reported Q2 sales of $19.47 million, missing the analyst consensus estimate of $21.40 million by 9.01 percent. This represents a 42.29 percent decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:50 pm

On Friday, 54 companies hit new 52-week lows. The largest company in terms of market cap to set a new 52-week low was NovoCure (NASDAQ:NVCR), while the smallest was Ucommune International (NASDAQ:UK). Sigma Additive Solutions (NASDAQ:SASI) saw the largest move, with shares plummeting 27.56%. Greenbrook TMS (NASDAQ:GBNH) shares were the most resilient, moving up 0.0% in response to hitting its 52-week low.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:24 pm

On Thursday, 148 companies set new 52-week lows, with AbbVie being the largest firm by market cap to set a new low. Panbela Therapeutics saw the largest move, with shares plummeting 2609.91% to hit a new low, while Sangamo Therapeutics was the most promising stock, trading flat after reaching its new low.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 4:59 pm

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