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USD PARTNERS LP - $USDP STOCK NEWS

Welcome to our dedicated page for USD PARTNERS LP news (Ticker: $USDP), a resource for investors and traders seeking the latest updates and insights on USD PARTNERS LP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect USD PARTNERS LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of USD PARTNERS LP's position in the market.

Rhea-AI Summary

USD Partners LP (USDP) announced the sale of the Stroud rail terminal to a third party buyer for cash, using the proceeds to repay borrowings and transaction expenses. As of May 2, 2024, the Partnership had approximately $169.9 million in borrowings outstanding under its credit agreement.

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USD Partners LP (USDP) has released its annual audited financials for the fiscal year 2023 and made the 2023 tax package available online. Printed copies will be mailed soon. Investors can access the financials and tax information on the company's website.
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0.45%
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USD Partners LP (USDP) and US Development Group, LLC announced the resignation of the Executive Vice President, Chief Financial Officer, and the promotion of two new executives. The departing CFO will join the Board of Directors of USD Group. The new appointments bring extensive experience to their new roles, ensuring a smooth transition for the company.
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USD Partners LP (USDP) Completes Sale of West Colton Rail Terminal, Repays Borrowings and Pays Transaction Expenses
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USD Partners LP (USDP) filed a Form 15 with the SEC to deregister its common units representing limited partner under Section 12(g) of the Securities Exchange Act of 1934, suspending its reporting obligations under Section 15(d) of the Exchange Act. This will make the Partnership no longer a public reporting company.
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-50%
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USD Partners LP (USDP) announced an amendment to its existing revolving credit agreement, extending the maturity date to November 2, 2024, and waiving prior defaults. The Amendment also adds a new independent director to the Board of Directors and delegates certain rights and authority over material transactions. Interest incurred after the Amendment's effective date will be paid by increasing the principal due. The Partnership expressed its satisfaction with the amendment, aiming to advance ongoing commercial discussions with existing and potential new customers.
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103.25%
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USD Partners LP (USDP) extends contract with refiner customer at Hardisty Terminal, with potential for increased demand for terminalling services in Western Canada.
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4.24%
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USD Partners LP (USDP) Extends Forbearance Period with Lenders and Administrative Agent, Enters Third Waiver Extension Agreement
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-15.15%
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USD Partners LP (NYSE: USDP) received notification from the New York Stock Exchange (NYSE) regarding the suspension and delisting of its common units due to non-compliance with an NYSE listing requirement. The Partnership has 10 business days to determine whether to appeal the delisting determination. The common units will begin trading in the OTC Pink Market under the ticker symbol USDP.
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-47.62%
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USD Partners LP (USDP) Announces Q3 2023 Financial Results, Forbearance Extension, and Potential Delisting from NYSE
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-1.82%
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USD PARTNERS LP

OTC:USDP

USDP Rankings

USDP Stock Data

4.05M
15.12M
57.34%
0.09%
0.03%
Pipeline Transportation of Crude Oil
Transportation and Warehousing
Link
United States of America
Houston

About USDP

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