USD Partners (USDP) AI Stock Analysis

• Market Cap: $146.07K
• Dividend Yield: N/A
• Average Volume (3M): 27.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• 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: 23,218
• 30 Day Avg. Volume: 27,245
• PEG Ratio: <0.01
• Price to Book (P/B): >-0.01
• Price to Sales (P/S): 0.03
• P/FCF Ratio: 0.56
• Enterprise Value/Market Cap: 1.20K
• Enterprise Value/Revenue: 4.88
• Enterprise Value/Gross Profit: 16.02
• Enterprise Value/Ebitda: -11.70
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 37 Underperform
• Price Target: <$0.01 ▼(-10.00% Downside)

USD Partners receives a low overall stock score due to significant financial challenges, including declining revenues and profitability, high leverage, and weak cash flow. The absence of technical indicators and a negative P/E ratio further contribute to the stock's poor evaluation. These factors collectively indicate a high-risk investment with potential volatility and financial instability.

Positive Factors

Stable Revenue Streams

Long-term contracts provide predictable cash flows, reducing revenue volatility and enhancing financial stability despite market fluctuations.

Strategic Partnerships

Partnerships with major oil companies can enhance operational capacity and open new revenue streams, strengthening market position.

Industry Focus

Specialization in energy logistics positions USDP to capitalize on infrastructure needs and supply chain efficiencies in the energy market.

Negative Factors

Declining Revenue

Declining revenue growth and profitability indicate challenges in market demand or competitive pressures, impacting long-term viability.

High Leverage

High leverage and negative equity suggest financial instability, limiting flexibility and increasing risk of financial distress.

Weak Cash Flow

Weak cash flow generation limits the company's ability to invest in growth opportunities and meet financial obligations, posing liquidity risks.

USD Partners Business Overview & Revenue Model

Company Description

USD Partners LP (USDP) is a publicly traded limited partnership that operates in the energy sector, primarily focused on the transportation and storage of crude oil and other petroleum products. The company provides a range of services including rail terminal operations, storage facilities, and transportation logistics, catering to the needs of producers, refiners, and marketers in the North American energy markets. With a strategic emphasis on developing and operating logistics infrastructure, USDP aims to enhance the supply chain efficiencies for its clients.

How the Company Makes Money

USD Partners generates revenue primarily through long-term contracts and fee-based arrangements for its terminal and storage services. The key revenue streams include handling fees for the transportation of crude oil via rail and storage fees for the use of its terminal facilities. The company benefits from stable, predictable cash flows due to these long-term contracts, which often include minimum volume commitments. Additionally, USDP may enter into partnerships with major oil companies, which can enhance its operational capacity and provide further revenue opportunities. Factors such as the demand for crude oil transportation and storage, rail infrastructure developments, and shifts in energy market dynamics also significantly influence the company's 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
GBX	69 Neutral	$1.44B	7.32	14.03%	2.71%	-8.66%	27.14%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TRN	62 Neutral	$2.23B	24.28	10.04%	4.34%	-33.03%	-44.18%
RAIL	60 Neutral	$219.79M	4.65	―	―	-6.18%	―
FSTR	57 Neutral	$292.88M	63.61	2.74%	―	-5.51%	-88.11%
RVSN	42 Neutral	$19.54M	-0.90	-74.03%	―	―	―
USDP	37 Underperform	$146.07K	>-0.01	―	―	-42.99%	-394.28%