News · 26 weeks10%
2025-12-142026-06-07
Mix090d
No activity.
Latest news
25 items- PRUSD Partners to LiquidateAs previously announced, USD Partners LP (OTC:USDP) (the "Partnership") sold its last remaining operating asset, ceased operations and announced its intention to cancel the equity of the Partnership following termination of its credit facility. The Partnership has taken affirmative steps to wind down and liquidate, and the Partnership has submitted a request to the Financial Industry Regulatory Authority (FINRA) to halt trading of the remaining Partnership equity. The Partnership expects these actions to be completed as early as January 1, 2026, although a firm date has not been determined. The Partnership's unitholders will not receive any payments or distributions from the Partnership upo
- PRUSD Partners Announces Sale of Its Final AssetUSD Partners LP (OTC:USDP) ("we" and the "Partnership") announced today that the Partnership completed the sale of the Hardisty Rail Terminal, the Partnership's last remaining operating asset. The Partnership became obligated to sell the Hardisty Rail Terminal by the lenders under the Partnership's revolving credit facility as a condition to entering into a forbearance agreement, pursuant to which the lenders agreed to forbear from exercising any rights or remedies arising from certain events of default and certain prospective events of default related to the Partnership's failure to satisfy certain milestones under the revolving credit facility (the "Forbearance Agreement"). The sale of t
- PRUSD Partners LP Announces Annual Unaudited Financial Statements for the Year Ended December 31, 2024USD Partners LP (OTC:USDP) (the "Partnership") today announced that the Partnership has posted its annual unaudited financial statements and annual OTC Disclosure Statement for the year ended December 31, 2024, on its website. The Partnership's financial and disclosure statements are available through its website at www.usdpartners.com by selecting the "Financials" sub-tab under the "Investors" tab. About USD Partners LP USD Partners LP is a fee-based master limited partnership formed in 2014 by US Development Group, LLC ("USD") to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related products. The Part
- PRUSD Partners Announces Expected Sale of Its Final AssetUSD Partners LP (OTC:USDP) ("we" and the "Partnership") announced today that the Partnership expects to complete the sale of the Hardisty Rail Terminal, our last remaining operating asset, on or prior to mid-April 2025. The Partnership became obligated to sell the Hardisty Rail Terminal by the lenders under the Partnership's revolving credit facility as a condition to entering into a forbearance agreement, pursuant to which the lenders agreed to forbear from exercising any rights or remedies arising from certain events of default and certain prospective events of default related to the Partnership's failure to satisfy certain milestones under the revolving credit facility (the "Forbearance
- PRUSD Partners LP Announces Quarterly Unaudited Financial Statements for the Quarter Ended September 30, 2024USD Partners LP (OTC:USDP) (the "Partnership") today announced that the Partnership has posted its quarterly unaudited financial statements and quarterly OTC Disclosure Statement for the quarter ended September 30, 2024, on its website. The Partnership's financial and disclosure statements are available through its website at www.usdpartners.com by selecting the "Financials" sub-tab under the "Investors" tab. About USD Partners LP USD Partners LP is a fee-based master limited partnership formed in 2014 by US Development Group, LLC ("USD") to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related produc
- PRTDWP Announces Deal with Summit Next Gen and Provides a Strategic UpdateOn September 13, 2024, Texas Deepwater Partners LLC ("TDWP") closed the sale of 60 acres on the Houston Ship Channel to Summit Next Gen LLC ("Summit Next Gen"). Summit Next Gen acquired the property from TDWP to construct the first at-scale ethanol-to-jet fuel (ETJ) facility that will produce sustainable aviation fuel (SAF). Summit has also purchased an exclusive option on an incremental 40 acres to support plant expansion for future SAF demand growth. In collaboration with Summit Next Gen, TDWP will build, own, and operate a dock capable of handling deepwater vessels and barges. The dock, and associated infrastructure will support Summit's plant by unloading waterborne feedstock and loadi
- PRUSD Partners LP Announces Quarterly Unaudited Financial Statements for the Quarter Ended June 30, 2024USD Partners LP (OTC:USDP) (the "Partnership") today announced that the Partnership has posted its quarterly unaudited financial statements and quarterly OTC Disclosure Statement for the quarter ended June 30, 2024, on its website. The Partnership's financial and disclosure statements are available through its website at www.usdpartners.com by selecting the "Financials" sub-tab under the "Investors" tab. About USD Partners LP USD Partners LP is a fee-based master limited partnership formed in 2014 by US Development Group, LLC ("USD") to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related products. T
- PRUSD Partners Announces Forbearance Agreement Under Credit AgreementUSD Partners LP (OTC:USDP) (the "Partnership") announced today that on June 21, 2024 it entered into an agreement (the "Forbearance Agreement") with the lenders and administrative agent under its existing Credit Agreement. Pursuant to the Forbearance Agreement, subject to certain terms and conditions, the lenders have agreed to forbear through and until November 1, 2024 (the "Termination Date"), from exercising any rights or remedies arising from certain events of default and certain prospective events of default related to the Partnership's failure to satisfy certain milestones under the Credit Agreement and other loan documents. In exchange for agreeing to enter into the Forbearance Agr
- PRUSD Partners LP Announces Quarterly Unaudited Financial Statements for the Quarter Ended March 31, 2024USD Partners LP (OTC:USDP) (the "Partnership") today announced that the Partnership has posted its quarterly unaudited financial statements and quarterly OTC Disclosure Statement for the quarter ended March 31, 2024, on its website. The Partnership's financial and disclosure statements are available through its website at www.usdpartners.com by selecting the "Financials" sub-tab under the "Investors" tab. About USD Partners LP USD Partners LP is a fee-based master limited partnership formed in 2014 by US Development Group, LLC ("USD") to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related products.
- PRUSD Partners Announces Sale of Stroud TerminalA wholly-owned subsidiary of USD Partners LP (OTC:USDP) (the "Partnership") announced today that on April 26, 2024, it completed the sale of the Stroud rail terminal to a third party buyer for all cash consideration. The Partnership used the net proceeds from the sale to repay borrowings outstanding under its revolving credit agreement and to pay transaction expenses. As of May 2, 2024, the Partnership had approximately $169.9 million of borrowings outstanding under its credit agreement. About USD Partners LP USD Partners LP is a fee-based, growth-oriented master limited partnership formed in 2014 by US Development Group, LLC ("USD") to acquire, develop and operate midstream infrastru
- PRUSD Partners LP Announces Annual Audited Financials for the Year Ended December 31, 2023 and Schedule K-1 AvailabilityUSD Partners LP (OTC:USDP) (the "Partnership") today announced that the Partnership has posted its annual audited financials for the fiscal year ended December 31, 2023, on its website. The Partnership's Annual Financials are available through its website at www.usdpartners.com by selecting the "Financials" sub-tab under the "Investors" tab. Additionally, the Partnership's 2023 tax package, which includes the Schedule K-1 (Form 1065), was made available online on March 8, 2024 and may be accessed on the Partnership's website at www.usdpartners.com by selecting the "K-1 Tax Information" sub-tab under the "Investors" tab. Printed copies of the tax package will be mailed by the week of March
- INSIDERNew insider Schornick Joseph Kyle claimed ownership of 14,522 units of COMMON UNITS (SEC Form 3)3 - USD Partners LP (0001610682) (Issuer)
- INSIDERNew insider Wendell Amanda claimed ownership of 12,419 units of COMMON UNITS (SEC Form 3)3 - USD Partners LP (0001610682) (Issuer)
- INSIDERBenson Keith returned $5,534 worth of COMMON UNITS to the company (25,156 units at $0.22), decreasing direct ownership by 18% to 116,942 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDEROhagan Jane A converted options into 13,136 units of COMMON UNITS and returned $2,890 worth of COMMON UNITS to the company (13,136 units at $0.22) (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDERWood Jeffrey P. returned $2,890 worth of COMMON UNITS to the company (13,136 units at $0.22), decreasing direct ownership by 19% to 54,432 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDERSmith G Stacy sold $2,890 worth of COMMON UNITS (13,136 units at $0.22), decreasing direct ownership by 8% to 142,829 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDERSanders Bradford Timothy returned $12,929 worth of COMMON UNITS to the company (58,768 units at $0.22), decreasing direct ownership by 11% to 497,417 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDERRuple Joshua Dean returned $10,673 worth of COMMON UNITS to the company (48,515 units at $0.22), decreasing direct ownership by 18% to 223,406 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDERBorgen Dan returned 109,572 units of COMMON UNITS to the company, decreasing direct ownership by 19% to 460,112 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- INSIDERCurry Michael Ray returned 21,945 units of COMMON UNITS to the company, decreasing direct ownership by 11% to 182,393 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- PRUSD Partners and USD Group Announce Chief Financial Officer TransitionUSD Partners LP (OTC:USDP) (the "Partnership") and US Development Group, LLC ("USD Group"), which owns the general partner of the partnership, announced today that Adam Altsuler, the Partnership's and USD Group's Executive Vice President, Chief Financial Officer, has resigned his position effective February 2, 2024, in order to pursue other opportunities. The Partnership and USD Group also announced that Kyle Schornick, USD Group's Vice President, Finance will be promoted to Senior Vice President, Chief Financial Officer of both the Partnership and USD Group, and Amanda Wendell, USD Group's Vice, President, Accounting and Controller, will be promoted to Senior Vice President, Chief Accoun
- INSIDERWood Jeffrey P. sold $7,000 worth of COMMON UNITS (50,000 units at $0.14), decreasing direct ownership by 43% to 67,568 units (SEC Form 4)4 - USD Partners LP (0001610682) (Issuer)
- SECSEC Form 144 filed by USD Partners LP144 - USD Partners LP (0001610682) (Subject)
- PRUSD Partners Announces Sale of West Colton TerminalA wholly-owned subsidiary of USD Partners LP (OTC:USDP) (the "Partnership") announced today that on December 20, 2023, it completed the sale of the West Colton rail terminal to a private buyer for all cash consideration. The Partnership used the net proceeds from the sale to repay borrowings outstanding under its revolving credit agreement and to pay transaction expenses. The transaction satisfied the credit agreement's requirements related to the sale of the West Colton Terminal. As of December 22, 2023, the Partnership had approximately $181 million of borrowings outstanding under its credit agreement. About USD Partners LP USD Partners LP is a fee-based, growth-oriented master limi
USDP FAQ
6 questionsWhat does USD Partners LP do?
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...Where does USDP stock trade?
USD Partners LP (USDP) is listed on NYSE.What sector and industry is USDP in?
USD Partners LP operates in the Transportation sector, Railroads industry.When did USD Partners LP go public?
USD Partners LP (USDP) completed its IPO in 2014.What companies are similar to USDP?
Notable peers in the same industry include UNP (Union Pacific Corporation), CSX (CSX Corporation), CP (Canadian Pacific Kansas City Limited), CNI (Canadian National Railway Company), NSC (Norfolk Southern Corporation). Compare USDP side-by-side with any of them on Quantisnow.How can I track USDP on Quantisnow?
Quantisnow aggregates USD Partners LP's SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow USDP to receive live email and push alerts on every new disclosure.