USD Partners LP (NYSE:USDP) Files An 8-K Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure.
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press release announcing that the board of directors of USD
Partners GP LLC, acting in its capacity as the general partner of
the Partnership, declared a quarterly cash distribution of $0.335
per unit for the first quarter of 2017 ($1.34 per unit on an
annualized basis), representing an increase of $0.005 per unit,
or 1.5% over the prior quarter distribution per unit and 8.9%
over the first quarter of 2016. The distribution is payable on
May 12, 2017, to unitholders of record at the close of business
on May 8, 2017.
and operating results for the first quarter of 2017 after market
close on Wednesday, May 3, 2017. The Partnership will host a
conference call and webcast regarding its first quarter 2017
results at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on
Thursday, May 4, 2017. Information on how to access the
conference call and webcast can be found in the press release.
The information in this report and the exhibit attached to this
report is not deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934 (the Exchange Act) or otherwise
subject to the liabilities of that Section, and is not
incorporated by reference into any registration statement or
other filing under the Securities Act of 1933 (the Securities
Act) or the Exchange Act, unless the Partnership expressly states
that such information is considered to be filed under the
Exchange Act or incorporates such information by specific
reference in a Securities Act or Exchange Act filing.
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Item 9.01
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Financial Statements and Exhibits.
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which we hereby incorporate into this Item.
About USD Partners LP (NYSE:USDP)
USD Partners LP (USD Partners) is a fee-based, master limited partnership formed by US Development Group LLC (USD) to acquire, develop and operate energy-related logistics assets, including rail terminals and other midstream infrastructure. The Company conducts its business through two segments: Terminalling services and Fleet services. Its Terminalling services segment consists operations of Hardisty terminal, Casper terminal and Ethanol terminals. The Fleet services segment provides railcars and fleet services related to the transportation of liquid hydrocarbons and biofuels by rail. Its fleet consists of approximately 3,310 railcars, which it leased from various railcar manufacturers and financial entities. The Company’s principal assets consist of a crude oil origination terminal in Hardisty, Alberta, Canada; a crude oil terminal in Casper, Wyoming, and two unit train-capable ethanol destination terminals in San Antonio, Texas and West Colton, California. USD Partners LP (NYSE:USDP) Recent Trading Information
USD Partners LP (NYSE:USDP) closed its last trading session down -0.35 at 13.80 with 17,927 shares trading hands.
