USDP - Earnings announcements

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

USD Partners LP (NYSE:USDP) (the "Partnership") announced today its operating and financial results for the three and nine months ended September 30, 2021. Financial highlights with respect to the third quarter of 2021 include the following: Generated Net Cash Provided by Operating Activities of $11.0 million, Adjusted EBITDA(1) of $12.3 million and Distributable Cash Flow(1) of $10.7 million Reported Net Income of $3.8 million Amended and extended existing revolving credit agreement, extending the maturity date by one year to November 2, 2023 Increased quarterly cash distribution to $0.1185 per unit ($0.474 per unit on an annualized basis) with over 3.0x Distributable Cash Flow Cov

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.1185 per unit for the third quarter of 2021 ($0.474 per unit on an annualized basis), representing an increase of $0.0025 per unit, or 2.2% over the distribution declared for the second quarter of 2021. The quarterly increase is in-line with management's previously stated guidance. The distribution is payable on November 12, 2021, to unitholders of record at the close of business on November 3, 2021. Third Quarter 2021 Earnings Release Date and Conference Call Information The Partnership plans to report third quarter 2021 financial

USD Partners LP (NYSE:USDP) (the "Partnership") announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.116 per unit for the second quarter of 2021 ($0.464 per unit on an annualized basis), representing an increase of $0.0025 per unit, or 2.2% over the distribution declared for the first quarter of 2021. The distribution is payable on August 13, 2021, to unitholders of record at the close of business on August 4, 2021. Second Quarter 2021 Earnings Release Date and Conference Call Information The Partnership plans to report second quarter 2021 financial and operating results after market close on Wednesday, August 4, 2021. The Partner