USD Partners LP (USDP) Reports Q4 Net Income of $3.6M

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Go back to USD Partners LP (USDP) Reports Q4 Net Income of $3.6M

USD Partners LP Announces Fourth Quarter and Full Year 2021 Results

March 2, 2022 4:24 PM EST

HOUSTON--(BUSINESS WIRE)-- USD Partners LP (NYSE: USDP) (the Partnership) announced today its operating and financial results for the three months and year ended December 31, 2021. Financial highlights with respect to the fourth quarter of 2021 include the following:

Generated Net Cash Provided by Operating Activities of $9.4 million, Adjusted EBITDA(1) of $11.9 million and Distributable Cash Flow(1) of $10.7 million Reported Net Income of $3.6 million Declared a quarterly cash distribution of $0.121 per unit ($0.484 per unit on an annualized basis) with approximately 3.2x Distributable Cash Flow... More