USD Partners (USDP) AI Stock Analysis

• Market Cap: $222.91K
• Dividend Yield: N/A
• Average Volume (3M): 26.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.51
• Revenue Growth: -42.99%
• EPS Growth: -394.28%
• Country: US
• Employees: 85
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): N/A
• Shares Outstanding: 33,774,426
• 10 Day Avg. Volume: 21,850
• 30 Day Avg. Volume: 26,631
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 784.53
• Enterprise Value/Revenue: 4.49
• Enterprise Value/Gross Profit: 15.44
• Enterprise Value/Ebitda: 28.79
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 37 Underperform
• Price Target: ―

The stock is at the lowest end of the score range due to significant financial distress, as evidenced by declining revenue, profitability, and negative equity. Technical indicators suggest bearish momentum, and valuation metrics are unattractive. Immediate strategic interventions are necessary to stabilize and improve financial health.

Positive Factors

Stable Revenue Model

The company's reliance on long-term contracts for logistics services ensures a predictable and stable cash flow, contributing to financial stability and allowing for better financial planning and investment in infrastructure.

Positive Operating Cash Flow

The shift to positive operating cash flow indicates improved cash generation ability, which can support operational needs and potentially fund strategic initiatives, despite overall financial challenges.

Strategic Partnerships

Strategic partnerships can enhance service offerings and expand market reach, potentially leading to increased revenue streams and strengthening the company's competitive position in the energy infrastructure sector.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in maintaining market share and customer demand, which can impact long-term growth prospects and necessitate strategic changes to reverse the trend.

High Leverage

Excessive leverage and negative equity pose significant risks to financial stability, limiting the company's ability to invest in growth opportunities and increasing vulnerability to economic downturns.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies and cost management issues, which can erode shareholder value and hinder the company's ability to reinvest in its business for future growth.

USD Partners Business Overview & Revenue Model

Company Description

USD Partners (USDP) is a publicly traded partnership that primarily operates in the energy infrastructure sector, focusing on the transportation and storage of crude oil and refined products. The company provides logistics services through its network of rail terminals, pipelines, and storage facilities, catering to the needs of producers and consumers in the oil and gas industry. USDP is committed to facilitating the movement of hydrocarbons while ensuring operational efficiency and safety.

How the Company Makes Money

USD Partners generates revenue primarily through fee-based contracts for its logistics services, which include the loading and unloading of crude oil and refined products at its rail terminals, as well as the storage of these materials. The company's revenue model is based on long-term contracts with customers, providing a stable cash flow. Key revenue streams include terminal handling fees, storage fees, and transportation fees associated with its rail and pipeline operations. Additionally, USD Partners may engage in strategic partnerships with various energy producers and marketers to enhance service offerings and expand its market reach, contributing to its overall earnings.

USD Partners Financial Statement Overview

Summary

USD Partners is experiencing significant financial difficulties. The income statement reveals declining revenue, profitability, and negative margins. The balance sheet indicates high leverage and negative equity, contributing to financial instability. While there is a positive shift in operating cash flows, the overall financial health remains weak, necessitating strategic interventions.

Income Statement

USD Partners has faced declining revenue and profitability. The net profit margin has significantly decreased, evidenced by a switch from positive net income in 2023 to a substantial net loss in 2024. Gross profit margins have also contracted, indicating struggles in maintaining cost efficiency. The negative EBIT and EBITDA margins further highlight operational challenges.

Balance Sheet

The balance sheet shows a precarious financial position with negative stockholders' equity, suggesting insolvency risks. The high debt-to-equity ratio indicates excessive leverage, exacerbating financial vulnerability. A negative equity ratio further emphasizes the company's over-leveraged state, posing substantial risks in maintaining financial stability.

Cash Flow

Operating cash flow has improved to positive in 2024 compared to a negative position in 2023, which is a positive turnaround. However, free cash flow remains low, indicating limited flexibility for reinvestment or debt reduction. The operating cash flow to net income ratio is positive but driven by adjustments rather than core profitability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.83M	62.86M	111.66M	122.10M	120.04M
Gross Profit	10.92M	23.69M	37.71M	42.00M	44.18M
EBITDA	-14.95M	47.17M	-29.68M	53.92M	10.91M
Net Income	-52.34M	17.77M	-61.29M	22.83M	-19.81M
Balance Sheet
Total Assets	52.00M	88.46M	126.78M	221.59M	237.55M
Cash, Cash Equivalents and Short-Term Investments	8.23M	10.42M	2.53M	3.75M	3.04M
Total Debt	181.99M	167.19M	215.48M	171.47M	205.16M
Total Liabilities	198.85M	181.09M	239.18M	202.50M	231.28M
Stockholders Equity	-146.85M	-92.63M	-112.40M	703.00K	547.00K
Cash Flow
Free Cash Flow	1.98M	-10.72M	36.77M	44.74M	45.33M
Operating Cash Flow	1.98M	-10.07M	37.24M	47.13M	45.81M
Investing Cash Flow	20.31M	63.06M	-73.72M	-2.39M	-484.00K
Financing Cash Flow	-23.76M	-48.40M	28.76M	-44.76M	-44.99M

USD Partners Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSTR	76 Outperform	$290.48M	8.29	22.67%	―	-7.03%	397.79%
WAB	71 Outperform	$32.85B	28.30	10.84%	0.50%	3.38%	17.21%
GBX	69 Neutral	$1.46B	6.62	16.16%	2.69%	0.71%	84.57%
TRN	64 Neutral	$2.31B	24.85	10.47%	4.19%	-22.95%	-40.67%
Sector *	63 Neutral	$10.84B	15.52	7.44%	2.00%	2.86%	-14.57%
RAIL	44 Neutral	$162.20M	―	156.43%	―	-6.00%	-12.45%
USDP	37 Underperform	$222.91K	―		―	-42.99%	-394.28%