USD Partners LP (NYSE: USDP) is a midstream energy company specializing in the storage, terminaling and transportation of refined petroleum products. The partnership operates a network of terminals, pipelines and storage facilities located primarily in the Mid‐Atlantic, Northeast and Southeast regions of the United States. These assets handle gasoline, diesel fuel, fuel oil, jet fuel and ethanol blends for major oil companies, independent refiners and retail fuel distributors.
Through its strategic terminal footprint, USD Partners provides bulk storage and throughput capabilities that facilitate supply chain efficiency for a diverse customer base. The partnership offers truck and rail loading services, pipeline connections and rack delivery at customer sites. In addition to traditional terminaling services, USD Partners offers product blending and additive injection, enabling customers to meet regional and federal fuel specifications.
The origins of USD Partners trace back to the US Development Group, an energy infrastructure firm founded in the late 1980s. Over time, the partnership executed several accretive acquisitions, expanding its capacity and geographic reach. Notable transactions include the acquisition of bulk fuel terminals in Pennsylvania and Ohio, as well as strategic pipeline interests that connect key refining centers to high‐demand markets along the Eastern Seaboard.
Headquartered in Wayne, Pennsylvania, USD Partners is led by a management team with deep experience in midstream operations, logistics and capital project execution. Under the leadership of its chief executive officer, the partnership continues to evaluate growth opportunities through organic expansions and selective acquisitions. By maintaining long‐term contracts with creditworthy counterparties and focusing on high‐growth corridors, USD Partners aims to deliver reliable, cost‐effective logistics solutions for its stakeholders.
AI Generated. May Contain Errors.
Free USDP Stock Alerts