USD Partners LP Announces Fourth Quarter and Full Year 2020 Results
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USD Partners LP (USDP) Reports Q4 Revenues Miss
March 3, 2021 4:34 PM ESTUSD Partners LP (NYSE: USDP) reported Q4 revenue for the quarter came in at $31.06 million versus the consensus estimate of $34.19 million.
Generated Net Cash Provided by Operating Activities of $12.1 million, Adjusted EBITDA(1) of $14.9 million and Distributable Cash Flow(1) of $12.9 millionReported Net Income of $6.5 millionDeclared a quarterly cash distribution of $0.111 per unit ($0.444 per unit on an annualized basis) with almost 4.3x Distributable Cash Flow Coverage(2)We are pleased to report another successful year for the Partnership, said Dan Borgen, the Partnerships Chief... More
