Does Usd Partners Lpunits Representing Limited (NYSE:USDP) Have Gas After Even Less Sellers Involved?

March 14, 2018 - By Nellie Frank

 Does Usd Partners Lpunits Representing Limited (NYSE:USDP) Have Gas After Even Less Sellers Involved?

The stock of Usd Partners Lpunits Representing Limited (NYSE:USDP) registered a decrease of 27.78% in short interest. USDP’s total short interest was 57,200 shares in March as published by FINRA. Its down 27.78% from 79,200 shares, reported previously. With 31,200 shares average volume, it will take short sellers 2 days to cover their USDP’s short positions. The short interest to Usd Partners Lpunits Representing Limited’s float is 0.42%.

It closed at $11.2 lastly. It is down 27.53% since March 14, 2017 and is uptrending. It has outperformed by 10.83% the S&P500.

USD Partners LP acquires, develops, and operates energy-related rail terminals and other midstream infrastructure assets in the United States and Canada. The company has market cap of $295.23 million. The firm operates through two divisions, Terminalling Services and Fleet Services. It has a 12.98 P/E ratio. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and terminals in San Antonio, Texas and West Colton, California, which are unit train-capable destination terminals that transload ethanol received by rail from producers onto trucks.

USD Partners LP (NYSE:USDP) Ratings Coverage

Among 4 analysts covering USD Partners LP (NYSE:USDP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. USD Partners LP had 13 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, May 26 the stock rating was downgraded by Citigroup to “Neutral”. The rating was downgraded by Bank of America on Friday, February 3 to “Underperform”. The stock of USD Partners LP (NYSE:USDP) has “Neutral” rating given on Tuesday, October 18 by Janney Capital. Citigroup maintained USD Partners LP (NYSE:USDP) on Tuesday, March 29 with “Buy” rating. On Monday, February 5 the stock rating was upgraded by Bank of America to “Neutral”. Barclays Capital downgraded the stock to “Equal Weight” rating in Tuesday, July 21 report. B. Riley & Co maintained it with “Neutral” rating and $11 target in Tuesday, December 19 report. The stock of USD Partners LP (NYSE:USDP) earned “Outperform” rating by FBR Capital on Friday, September 9. The firm has “Buy” rating by FBR Capital given on Friday, May 5. The stock has “Outperform” rating by FBR Capital on Monday, November 7.

More notable recent USD Partners LP (NYSE:USDP) news were published by: which released: “USD Partners to Attend 2018 Barclays MLP Corporate Access Days in New York City” on February 22, 2018, also with their article: “USD Partners’ Distribution Train Set For Derailment; $0 Target” published on September 07, 2017, published: “USD Partners’ (USDP) CEO Dan Borgen on Q3 2017 Results – Earnings Call Transcript” on November 08, 2017. More interesting news about USD Partners LP (NYSE:USDP) were released by: and their article: “USD Partners LP’s (USDP) CEO Dan Borgen on Q4 2017 Results – Earnings Call …” published on March 09, 2018 as well as‘s news article titled: “USD Partners LP Announces Fourth Quarter and Full Year 2017 Results” with publication date: March 08, 2018.

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