USD 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

On 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

USD 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

USD 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

USD 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.

A 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

USD 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

USD 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

A 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

USD Partners LP (OTC:USDP) (the "Partnership") announced today that it filed a Form 15 with the Securities and Exchange Commission (the "SEC") to deregister its common units representing limited partner under Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and to suspend its reporting obligations under Section 15(d) of the Exchange Act. The Partnership's obligation to file periodic reports with the SEC, including reports on Forms 10-K, 10-Q and 8-K, will be suspended immediately upon filing of the Form 15. Once the Form 15 is effective, which is expected to occur within 90 days of filing, the Partnership will no longer be a public reporting company and

USD Partners LP (NYSE:USDP) (the "Partnership") announced today its operating and financial results for the three months ended March 31, 2023. Financial highlights with respect to the first quarter of 2023 include the following: Closed on the sale of the Casper Terminal to a third party for $33.0 million in cash, subject to customary adjustments Generated Net Income of $2.0 million Reported Net Cash Used in Operating Activities of $0.6 million, Adjusted EBITDA(1) of $3.3 million and Distributable Cash Flow(1) of ($1.6) million "We were pleased to close on the sale of the Casper Terminal this quarter, as that was the first phase of our plan to secure the Partnership's liquidity p

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Partnership plans to report first quarter 2023 financial and operating results after market close on Wednesday, May 3, 2023. The Partnership also expects to provide information regarding the quarterly distribution for the first quarter 2023 at that time. The Partnership will host a conference call and webcast regarding first quarter 2023 results at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, May 4, 2023. To listen live over the Internet, participants are advised to log on to the Partnership's website at www.usdpartners.com and select the "Events & Presentations" sub-tab under the "Investors" tab. T

USD Partners LP (NYSE:USDP) (the "Partnership") announced today its operating and financial results for the three months and year ended December 31, 2022. Financial highlights with respect to the fourth quarter of 2022 include the following: Generated Net Cash Provided by Operating Activities of $8.3 million, Adjusted EBITDA(1) of $13.3 million and Distributable Cash Flow(1) of $9.6 million Reported Net Loss of $3.2 million Declared a quarterly cash distribution of $0.1235 per unit ($0.494 per unit on an annualized basis) Announced that its sponsor (the "Sponsor") will waive the fourth quarter distribution on all of its 17.3 million units, reducing this quarterly distribution by app

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1235 per unit for the fourth quarter of 2022 ($0.494 per unit on an annualized basis), the same amount as distributed in the prior quarter. The Partnership also announced that its Sponsor will waive the fourth quarter distribution on all of its 17.3 million units, reducing this quarterly distribution by approximately $2.1 million. The distribution is payable on February 17, 2023, to unitholders of record at the close of business on February 8, 2023. "Despite recent volatility in global crude oil markets, we continue to project futur

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1235 per unit for the third quarter of 2022 ($0.494 per unit on an annualized basis), the same amount as distributed in the prior quarter. The distribution is payable on November 14, 2022, to unitholders of record at the close of business on November 2, 2022. Third Quarter 2022 Earnings Release Date and Conference Call Information The Partnership plans to report third quarter 2022 financial and operating results after market close on Tuesday, November 1, 2022. The Partnership will host a conference call and webcast regarding third

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1235 per unit for the second quarter of 2022 ($0.494 per unit on an annualized basis), the same amount as distributed in the prior quarter. The Partnership intends to issue further details and distribution guidance in its second quarter earnings release and discuss further on its second quarter earnings call on Thursday, August 4, 2022. The distribution is payable on August 12, 2022, to unitholders of record at the close of business on August 3, 2022. Second Quarter 2022 Earnings Release Date and Conference Call Information The Par

USD Partners LP (NYSE:USDP) (the "Partnership") announced today its operating and financial results for the three months ended March 31, 2022. Financial highlights with respect to the first quarter of 2022 include the following: Generated Net Cash Provided by Operating Activities of $10.7 million, Adjusted EBITDA(1) of $10.0 million and Distributable Cash Flow(1) of $8.4 million Reported Net Income of $9.0 million Declared a quarterly cash distribution of $0.1235 per unit ($0.494 per unit on an annualized basis) with approximately 2.4x Distributable Cash Flow Coverage(2) "We are pleased to announce another eventful quarter at the Partnership," said Dan Borgen, the Partnership's Chie

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1235 per unit for the first quarter of 2022 ($0.494 per unit on an annualized basis), representing an increase of $0.0025 per unit, or 2.1% over the distribution declared for the fourth quarter of 2021. The quarterly increase is in-line with management's previously stated guidance. The distribution is payable on May 13, 2022, to unitholders of record at the close of business on May 4, 2022. First Quarter 2022 Earnings Release Date and Conference Call Information The Partnership plans to report first quarter 2022 financial and opera

USD Partners LP (NYSE:USDP) (the "Partnership") announced today its operating and financial results for the three months and year ended December 31, 2021. Financial highlights with respect to the fourth quarter of 2021 include the following: Generated Net Cash Provided by Operating Activities of $9.4 million, Adjusted EBITDA(1) of $11.9 million and Distributable Cash Flow(1) of $10.7 million Reported Net Income of $3.6 million Declared a quarterly cash distribution of $0.121 per unit ($0.484 per unit on an annualized basis) with approximately 3.2x Distributable Cash Flow Coverage(2) "2021 was a momentous year for the Partnership as well as for our Sponsor. During the year, we announ

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.121 per unit for the fourth quarter of 2021 ($0.484 per unit on an annualized basis), representing an increase of $0.0025 per unit, or 2.1% over the distribution declared for the third quarter of 2021. The quarterly increase is in-line with management's previously stated guidance. The distribution is payable on February 18, 2022, to unitholders of record at the close of business on February 9, 2022. Fourth Quarter 2021 Earnings Release Date and Conference Call Information The Partnership plans to report fourth quarter 2021 and full