USD Partners Enters Waiver Extension Agreement Under Credit Agreement
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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
3 - USD Partners LP (0001610682) (Issuer)
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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
SC 13G/A - USD Partners LP (0001610682) (Subject)
Today, November 10, 2023, marks an important moment for investors of Green Plains Partners (NASDAQ:GPP). The company will distribute a dividend payout of $0.46 per share, demonstrating an annualized dividend yield of 12.75%. Remember, only shareholders prior to the ex-dividend date on November 02, 2023 are eligible for this payout. Green Plains Partners Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color:
USD Partners LP (NYSE:USDP) (the "Partnership") announced today that it has entered into an agreement (the "Second Waiver Extension Agreement") with the lenders and administrative agent under its existing Credit Agreement to, among other things, extend the forbearance period as provided in the previously announced Waiver Extension Agreement, dated as of October 6, 2023, from its expiration date of November 3, 2023 to November 17, 2023 (the "New Expiration Date"). Pursuant to the Second Waiver Extension Agreement, the lenders and administrative agent have agreed to (i) continue to forbear until the New Expiration Date from exercising any rights or remedies arising from certain events of defau