StockNews.com began coverage on shares of USD Partners (NYSE:USDP – Free Report) in a research report report published on Monday morning. The brokerage issued a hold rating on the transportation company’s stock.
USD Partners Price Performance
Shares of NYSE:USDP opened at $0.12 on Monday. The business has a fifty day moving average price of $0.15 and a 200-day moving average price of $0.21. The company has a market capitalization of $4.15 million, a PE ratio of 0.23 and a beta of 1.26. USD Partners has a 1-year low of $0.05 and a 1-year high of $3.30.
USD Partners (NYSE:USDP – Get Free Report) last announced its quarterly earnings data on Monday, March 11th. The transportation company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.13). The company had revenue of $11.18 million for 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.
Further Reading
- Five stocks we like better than USD Partners
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- AMD is Down 35%. Now is the Time to Buy the Dip
- The Significance of Brokerage Rankings in Stock Selection
- Amazon Stands Tall: New Highs Are in Sight
- What Do S&P 500 Stocks Tell Investors About the Market?
- Chesapeake Energy Stock is The Energy Play, Earnings Confirm
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.