Private company

USD Partners LP

American railroad switching and terminal establishments company. Summary from the record

Last updated Oct 19, 2026.

Overview

  • IndustryRailroad Switching & Terminal Establishments2
  • HeadquartersHouston, United States2
  • Incorporated inDE3
  • Business address811 Main Street, Suite 2800, Houston, Tx 770023
  • Filer categoryAccelerated filer, Smaller reporting company3
  • Legal formLimited Partnership2
  • Kind of organizationLimited partnership2
  • LEI549300W8EFTTL1ACGP252
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 55330342

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-53.5%Operating margin6
-54.9%Net margin6
-45.4%Revenue growth, 20226
$36.8MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Selling, general and admin23¢$25.8M
  • Other costs66¢$73.9M
  • Interest10¢$10.7M
  • Income tax1¢$1.3M

Out of $111.7M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2022

  • Capital spending1¢$468.0K
  • Kept or used elsewhere99¢$36.8M

Out of $37.2M of cash from operations.6

Financial statements

Revenue789106$111.7M in 2022−1% since 2016
0$100.0M$200.0M$300.0M2016: $113.2M$113.2M20162017: $108.8M$108.8M2017−4%2018: $119.2M$119.2M2018+10%2019: $113.7M$113.7M2019−5%2020: $170.1M$170.1M2020+50%2021: $204.5M$204.5M2021+20%2022: $111.7M$111.7M2022−45%
Operating income789106-$59.7M in 2022
-$75.0M-$50.0M-$25.0M0$25.0M$50.0M2016: $34.5M$34.5M20162017: $29.5M$29.5M2017−14%2018: $29.4M$29.4M2018−0%2019: $20.6M$20.6M2019−30%2020: -$5.6M-$5.6M20202021: $25.9M$25.9M20212022: -$59.7M-$59.7M2022
Net income789106-$61.3M in 2022
-$75.0M-$50.0M-$25.0M0$25.0M$50.0M2016: $25.6M$25.6M20162017: $21.3M$21.3M2017−17%2018: $21.1M$21.1M2018−1%2019: $6.5M$6.5M2019−69%2020: -$19.3M-$19.3M20202021: $22.8M$22.8M20212022: -$61.3M-$61.3M2022
Fiscal year2016201720182019202020212022
Revenue$113.2M7$108.8M8$119.2M9$113.7M10$170.1M6$204.5M6$111.7M6
Selling, general and admin$9.7M7$9.2M8$10.8M8$18.8M10$48.4M6$70.7M6$25.8M6
Operating expenses$178.6M6$171.3M6
Operating income$34.5M7$29.5M8$29.4M9$20.6M10-$5.6M6$25.9M6-$59.7M6
Interest$9.8M7$9.9M8$11.4M9$12.0M10$10.1M6$7.0M6$10.7M6
Income before tax$23.8M6-$60.0M6
Income tax-$247.0K7-$1.9M8-$2.7M9$662.0K10$337.0K6$933.0K6$1.3M6
Net income$25.6M7$21.3M8$21.1M9$6.5M10-$19.3M6$22.8M6-$61.3M6

Compare USD Partners LP with another company

Leadership

Who has led USD Partners LP, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (15)

Subsidiaries and ownership

Parent company (GLEIF)

Ultimate parent

Subsidiaries (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. May 19, 2017Parent Directly consolidated by USD GROUP LLC2
  2. Jun 5, 2014Founded USD Partners LP is founded2

Filings

74 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 29 major events, 31 insider forms, 5 other. The latest 20:

  1. Mar 28, 2024144 EDGAR
  2. Feb 27, 20243 EDGAR
  3. Feb 27, 20243 EDGAR
  4. Feb 21, 20244 EDGAR
  5. Feb 21, 20244 EDGAR
  6. Feb 21, 20244 EDGAR
  7. Feb 21, 20244 EDGAR
  8. Feb 21, 20244 EDGAR
  9. Feb 21, 20244 EDGAR
  10. Feb 21, 20244 EDGAR
  11. Feb 21, 20244 EDGAR
  12. Jan 2, 20244 EDGAR
  13. Dec 28, 2023144 EDGAR
  14. Dec 11, 202315-12G EDGAR
  15. Dec 11, 2023S-8 POS EDGAR
  16. Dec 11, 2023S-8 POS EDGAR
  17. Nov 30, 20233 EDGAR
  18. Nov 24, 20238-K EDGAR
  19. Nov 17, 20238-K 8-K USDP CREDIT AGREEMENT WAIVER EXTENSION EDGAR
  20. Nov 16, 20238-K 8-K USDP 8-K EDGAR

The 74 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 0 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Feb 16, 2024SMITH G STACYDirectorSale13,136$0.22$2.9KForm 4
Dec 28, 2023Wood Jeffrey P.DirectorSale50,000$0.14$7.0KForm 4

From Forms 4 filed with the SEC.