USD Partners LP (USDP) Reports Q2 EPS of $0.00

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Go back to USD Partners LP (USDP) Reports Q2 EPS of $0.00

USD Partners LP Announces Second Quarter 2021 Results

August 4, 2021 4:20 PM EDT

HOUSTON--(BUSINESS WIRE)-- USD Partners LP (NYSE: USDP) (the Partnership) announced today its operating and financial results for the three and six months ended June 30, 2021. Financial highlights with respect to the second quarter of 2021 include the following:

Generated Net Cash Provided by Operating Activities of $14.1 million, Adjusted EBITDA(1) of $16.3 million and Distributable Cash Flow(1) of $14.4 million Reported Net Income of $6.7 million Increased quarterly cash distribution to $0.116 per unit ($0.464 per unit on an annualized basis) with over 4.0x Distributable Cash Flow Coverage(2) Announced West Colton Renewable Diesel... More