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USD Partners (USDP)
OTHER OTC:USDP
US Market

USD Partners (USDP) AI Stock Analysis

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USDP

USD Partners

(OTC:USDP)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
$0.01
▲(0.00% Upside)
Action:UpgradedDate:12/30/25
The score is driven primarily by weak financial performance: steep revenue contraction, a swing to large losses, and a highly leveraged balance sheet with deeply negative equity. Valuation is not supportive due to a negative P/E and missing dividend data, while technical analysis cannot be assessed because key indicators were not provided.
Positive Factors
Stable Revenue Streams
Long-term contracts provide predictable cash flows, reducing revenue volatility and enhancing financial stability despite market fluctuations.
Negative Factors
Declining Revenue
Declining revenue growth and profitability indicate challenges in market demand or competitive pressures, impacting long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable Revenue Streams
Long-term contracts provide predictable cash flows, reducing revenue volatility and enhancing financial stability despite market fluctuations.
Read all positive factors

USD Partners (USDP) vs. SPDR S&P 500 ETF (SPY)

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 r...
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 ...

USD Partners Financial Statement Overview

Summary
Financials show severe deterioration: revenue collapsed from $62.9M (2023) to $35.8M (2024) and profitability swung from +$17.8M net income (2023) to a -$52.3M loss (2024). The balance sheet is highly stressed with very high debt (~$182.0M) and deeply negative equity (~-$146.8M), while cash flow only modestly recovered to ~$2.0M operating/free cash flow in 2024—thin relative to leverage.
Income Statement
26
Negative
Balance Sheet
12
Very Negative
Cash Flow
34
Negative
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue35.83M62.86M111.66M122.10M120.04M
Gross Profit10.92M23.69M37.71M42.00M44.18M
EBITDA-14.95M47.17M-29.68M53.92M10.91M
Net Income-52.34M17.77M-61.29M22.83M-19.81M
Balance Sheet
Total Assets52.00M88.46M126.78M221.59M237.55M
Cash, Cash Equivalents and Short-Term Investments8.23M10.42M2.53M3.75M3.04M
Total Debt181.99M167.19M215.48M171.47M205.16M
Total Liabilities198.85M181.09M239.18M202.50M231.28M
Stockholders Equity-146.85M-92.63M-112.40M703.00K547.00K
Cash Flow
Free Cash Flow1.98M-10.72M36.77M44.74M45.33M
Operating Cash Flow1.98M-10.07M37.24M47.13M45.81M
Investing Cash Flow20.31M63.06M-73.72M-2.39M-484.00K
Financing Cash Flow-23.76M-48.40M28.76M-44.76M-44.99M

USD Partners Risk Analysis

USD Partners disclosed 81 risk factors in its most recent earnings report. USD Partners reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

USD Partners Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$1.49B9.5012.27%2.71%-8.66%27.14%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
60
Neutral
$2.57B8.4424.45%4.34%-33.03%-44.18%
59
Neutral
$310.46M37.052.74%-5.51%-88.11%
53
Neutral
$161.17M9.24-40.20%-6.18%
43
Neutral
$249.93K>-0.01-42.99%-394.28%
40
Underperform
$19.58M-1.46-59.72%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
USDP
USD Partners
0.01
0.00
0.00%
RAIL
Freightcar America
8.20
3.75
84.27%
GBX
Greenbrier
47.65
9.12
23.66%
FSTR
L. B. Foster Company
29.80
11.82
65.74%
TRN
Trinity Industries
32.13
8.98
38.78%
RVSN
Rail Vision Ltd.
8.67
0.27
3.18%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025