USD Partners L.P. (USDP)

Overview

USD Partners LP specializes in the acquisition, development, and operation of midstream infrastructure assets and logistics solutions specifically catered to crude oil, biofuels, and other energy-related products across the United States and Canada. Established in 2014 and based in Houston, Texas, the company navigates the complexities of energy transportation and storage through its two primary segments: Terminalling Services and Fleet Services. USD Partners LP is structured with USD Partners GP LLC acting as the general partner, showcasing a strategic focus on facilitating the safe and efficient movement of energy resources.

Products and Services

• Terminalling Services

This segment encompasses a variety of critical services, including the operation of several key terminal locations. Notably, it operates the Hardisty terminal, providing an origination point for loading Canadian crude oil into railcars. The Stroud terminal serves as a crude oil destination facility, enhancing the rail-to-pipeline transfer of crude oil in Stroud, Oklahoma. The Casper terminal, situated in Casper, Wyoming, specializes in crude oil storage, blending, and railcar loading. Furthermore, the West Colton Terminal stands out as a unit train-capable destination terminal, effectively transloading ethanol and renewable diesel from rail to truck transport, managing approximately 13,000 barrels per day.

• Fleet Services

This provision focuses on the leasing of railcars and offering comprehensive fleet services that support the transportation of liquid hydrocarbons. With a fleet comprising 200 railcars, USD Partners LP lends its expertise in ensuring that the logistics involved in the movement of these substances are both efficient and comply with safety standards. This service underpins the company’s essential role in the energy supply chain, facilitating seamless transitions from production sites to marketplaces.