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
Company profile
Ticker
USDP
Exchange
Website
CEO
Dan Borgen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Casper Crude to Rail, LLC • CCR Pipeline, LLC • Stroud Crude Terminal LLC • SCT Pipeline LLC • USD Logistics Operations GP LLC • USD Logistics Operations LP • USDP CCR LLC • USDP Finance Corp. • USD Rail Canada ULC • USD Rail LP ...
USDP stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
11 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
11 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
11 Dec 23
25-NSE
Exchange delisting
1 Dec 23
8-K
USD Partners Announces Amendment to Existing Revolving Credit Agreement and Extension of Maturity Date
24 Nov 23
8-K
USD Partners Announces Third Waiver Extension Agreement Under Credit Agreement
17 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
16 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
USD Partners LP Announces Third Quarter 2023 Results
7 Nov 23
8-K
USD Partners Announces Additional Waiver Extension Agreement Under Credit Agreement
2 Nov 23
Transcripts
USDP
Earnings call transcript
2023 Q1
4 May 23
USDP
Earnings call transcript
2022 Q4
2 Mar 23
USDP
Earnings call transcript
2022 Q3
2 Nov 22
USDP
Earnings call transcript
2022 Q2
5 Aug 22
USDP
Earnings call transcript
2022 Q1
8 May 22
USDP
Earnings call transcript
2021 Q4
3 Mar 22
USDP
Earnings call transcript
2021 Q3
3 Nov 21
USDP
Earnings call transcript
2021 Q2
8 Aug 21
USDP
Earnings call transcript
2021 Q2
5 Aug 21
USDP
Earnings call transcript
2021 Q1
9 May 21
Latest ownership filings
144
Notice of proposed sale of securities
28 Mar 24
3
Joseph Kyle Schornick
27 Feb 24
3
Amanda Wendell
27 Feb 24
4
KEITH BENSON
21 Feb 24
4
Jeffrey P. Wood
21 Feb 24
4
JANE A OHAGAN
21 Feb 24
4
G STACY SMITH
21 Feb 24
4
BRADFORD TIMOTHY SANDERS
21 Feb 24
4
Joshua Dean Ruple
21 Feb 24
4
Dan Borgen
21 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 12.50 mm | 12.50 mm | 12.50 mm | 12.50 mm | 12.50 mm | 12.50 mm |
Cash burn (monthly) | 526.00 k | (no burn) | 748.00 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 3.60 mm | n/a | 5.13 mm | n/a | n/a | n/a |
Cash remaining | 8.89 mm | n/a | 7.37 mm | n/a | n/a | n/a |
Runway (months of cash) | 16.9 | n/a | 9.9 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
3.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 12 |
Opened positions | 5 |
Closed positions | 7 |
Increased positions | 1 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 725.32 mm |
Total shares | 1.23 mm |
Total puts | 0.00 |
Total calls | 1.10 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
WFC Wells Fargo & Co. | 631.17 k | $378.70 mm |
MS Morgan Stanley | 196.35 k | $117.81 mm |
JPM JPMorgan Chase & Co. | 136.29 k | $81.78 mm |
Susquehanna International | 60.96 k | $36.58 mm |
National Asset Management | 54.20 k | $32.52 mm |
UBS UBS Group AG - Registered Shares | 52.08 k | $31.25 mm |
Citadel Advisors | 38.59 k | $23.15 mm |
MML Investors Services | 16.44 k | $10.00 k |
Two Sigma Securities | 14.50 k | $8.70 mm |
Jane Street | 12.52 k | $7.51 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Dec 23 | Jeffrey P. Wood | COMMON UNITS (LIMITED PARTNER INTERESTS) | Sell | Dispose S | No | No | 0.14 | 50,000 | 7.00 k | 67,568 |
16 Feb 23 | Bradford Timothy Sanders | COMMON UNITS (LIMITED PARTNER INTERESTS) | Payment of exercise | Dispose F | No | No | 3.54 | 15,482 | 54.81 k | 556,185 |
16 Feb 23 | Bradford Timothy Sanders | COMMON UNITS (LIMITED PARTNER INTERESTS) | Grant | Acquire A | No | No | 0 | 49,787 | 0.00 | 571,667 |