StockNews.com began coverage on shares of USD Partners (NYSE:USDP – Free Report) in a report released on Thursday morning. The brokerage issued a hold rating on the transportation company’s stock.
USD Partners Stock Performance
NYSE:USDP opened at $0.02 on Thursday. The firm has a market cap of $590,975.00, a PE ratio of 0.08 and a beta of 0.69. USD Partners has a fifty-two week low of $0.01 and a fifty-two week high of $0.80. The business has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.10.
USD Partners (NYSE:USDP – Get Free Report) last announced its quarterly earnings results on Monday, August 12th. The transportation company reported ($0.36) EPS for the quarter. The company had revenue of $8.88 million during the quarter.
USD Partners Company Profile
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. It 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 located in Stroud, Oklahoma; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and West Colton Terminal, an unit train-capable destination terminals that trans load approximately 13,000 barrels per day ethanol and renewable diesel received by rail from producers onto trucks.
Featured Articles
- Five stocks we like better than USD Partners
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Symbotic’s Double-Bagger Potential as It Hits a Key Inflection
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- High Dividend Yields Make These 2 Shipping Stocks Stand Out
- Best Stocks Under $5.00
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
Receive News & Ratings for USD Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USD Partners and related companies with MarketBeat.com's FREE daily email newsletter.