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USD Partners LP (USDP)

NYSE - NYSE Delayed price. Currency in USD
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7.45+0.16 (+2.19%)
At close: 4:00PM EDT
7.45 0.00 (0.00%)
After hours: 04:10PM EDT
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  • B
    Buddy
    Great price action today! Hold long. Rail is only becoming more valuable by the day ☝👍
  • E
    Etienne
    Honk if you’re.....I mean if you bought during since last years lows!!
  • j
    jim
    Oil prices have continued to climb every week for the past 11 weeks, and I don’t know when it will stop, it started week ending 4/9 and has climbed, on average, $1 per week. Another 6-8 weeks, it should be close to $80 a barrell. Once USDP announced the DRU is online, watch out. This stock will be over 10 in days, but it now while it’s still on sale. Jersey Jimmy
  • j
    jim
    We have climbed $1.20 in 6 weeks, ever since new CDC guidelines back at the early part of May. I see another $1.20 until they announce news of the new DRU, whether is be on the earnings conference call in early August, or a little sooner. Although volume has not been there the past 2 days, this stock will break hard to the upside very soon, imho. Good luck to all!
  • B
    Buddy
    I see no reason for such a drastic drop today. Perhaps related to market impact of bids
  • B
    Buddy
    Looking for a good day tomorrow with Brent breaking 70 and rail starting to pick up via Bidens increased reliance on allied energy distribution
  • B
    Ben
    Whats the exit strategy for you guys? You holding for the rest of your life? You waiting for a sign? Whats your plan? I am still working on mine.
  • B
    Ben
    crude by rail exports in March 864,946, up about 370k from feb
  • B
    Buddy
    Great price action today 👍
  • B
    Ben
    We were all rich .....
  • J
    Joe/Ben/Yourgrandma
    Raise your hand if you put your divi cheque into it
  • B
    Ben
    tonight I would like fcf of over 12M and current liabilities down 50% + 33M in revenues. Ambitious but achievable
  • T
    T
    A dividend increase of 1/4 of a penny?? That’s a bit lame.
  • B
    Bling
    Be aware that dividends from an LP are subject to withholding tax and are exempt from Canada/US tax treaty regarding RRSP holdings.
  • B
    Ben
    I smell something fishy. Did anyone read the gurufocus article?
  • D
    Dean
    Great earnings call coming up today.
    The Partnership will host a conference call and webcast regarding fourth quarter 2020 results at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, March 4, 2021.

    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. To join via telephone, participants may dial (877) 266-7551 domestically or +1 (339) 368-5209 internationally, conference ID 3094936. Participants are advised to dial in at least five minutes prior to the call.
  • B
    Buddy
    Just came across this company today and dug into the financials. Looks like they retired the goodwill this quarter which resulted in a -$15,603M loss and also contributed to the -0.92 EPS TTM, but fundamentally, the company turned a nice profit for the 9 months reported, about $18M ($34M if you add D&A),. Operating costs increased by 4.7%, which is associated with D&A (non-cash) and a small increase in pipeline fees.

    Dividend payout ratio to retention rate sits around 50/50 and is highly sustainable. No reason the share price should have taken a dive into the $4USD range. This company is highly profitable with a 38% NET profit margin (NET operating cashflow / Total Revenue). When energy consumption begins to pick up later this year, I see the SP moving accordingly. Same business structure as Enbridge here with distribution contracts by rail. I will be adding a position 👍
  • J
    Jim
    There is too much value not to buy this! Solid management that got this stock through the pandemic with losing money only in the first quarter. It’s a solid investment with a great contract structure, with more capacity coming online with the new DRU, just at the time that the economy is reopening in July/August. I have 8600 shares here, and would honestly like to get to 10,000.. if dividends normalize, I’ll take 12,000 in dividends annually, and all of my purchases so far were under $4.00., so I’m quite happy right now as this stock climbs back to 10, maybe 12-15 when revenue and profits rise when 3rd and 4th quarter reporting!🤓
  • j
    james
    I bought in to gain exposure to the surge in oil by rail coming next year and collecting 12% while I wait for the terminal construction to be finished
  • D
    Dean
    Just in case anyone is paying attention to this stock, which is a great dividend play, this has taken a huge hit recently, but they as usual increased their dividend, as they have done every quarter, and just now, on Schwab, this stock just went "HTB" (Hard to Borrow), which means that at least at Schwab, you can't short it because it's already been shorted to the point where they would have a naked short sale. This is the first time I have seen USDP have an HTB warning. There'll be a short squeeze coming in the near future, and this will be back to the usual 9.75 - 10.25 range. HOLD.