USD Partners Management
Management criteria checks 3/4
USD Partners' CEO is Dan Borgen, appointed in Jun 2014, has a tenure of 10.5 years. directly owns 1.5% of the company’s shares, worth $16.73K. The average tenure of the management team and the board of directors is 7.1 years and 9.9 years respectively.
Key information
Dan Borgen
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 10.5yrs |
| CEO ownership | 1.5% |
| Management average tenure | 7.1yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
USD Partners declares $0.1235 dividend
Jan 27USD Partners: Distributions Could Be Suspended In The Coming Months
Nov 14USD Partners declares $0.1235 dividend
Oct 25USD Partners: 10.4% Dividend Yield, Weak Results, 6.6x P/E
Sep 08USD Partners goes ex dividend tomorrow
Aug 01USD Partners: IDRs Gone Forever, Short-Term Pain But Long-Term Gain
May 16USD Partners: Grab 3 More Distribution Hikes For 2022 For A No-Stress Near 9% Yield
Mar 06USD Partners: 7% Dividend With Upside Potential
Nov 01USD Partners: Full Price Recovery Coming, Catalyst In Sight
Aug 16USD Partners reports Q1 results
May 05USD Partners: Small And Overlooked With A Very High Yield
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$594k |
| Jun 30 2023 | n/a | n/a | -US$66m |
| Mar 31 2023 | n/a | n/a | -US$65m |
| Dec 31 2022 | US$1m | US$666k | -US$60m |
| Sep 30 2022 | n/a | n/a | -US$54m |
| Jun 30 2022 | n/a | n/a | US$20m |
| Mar 31 2022 | n/a | n/a | US$23m |
| Dec 31 2021 | US$1m | US$518k | US$21m |
| Sep 30 2021 | n/a | n/a | US$25m |
| Jun 30 2021 | n/a | n/a | US$26m |
| Mar 31 2021 | n/a | n/a | US$21m |
| Dec 31 2020 | US$2m | US$518k | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$25m |
| Jun 30 2020 | n/a | n/a | -US$29m |
| Mar 31 2020 | n/a | n/a | -US$29m |
| Dec 31 2019 | US$2m | US$444k | US$5m |
| Sep 30 2019 | n/a | n/a | US$5m |
| Jun 30 2019 | n/a | n/a | US$9m |
| Mar 31 2019 | n/a | n/a | US$15m |
| Dec 31 2018 | US$2m | US$381k | US$20m |
| Sep 30 2018 | n/a | n/a | US$21m |
| Jun 30 2018 | n/a | n/a | US$20m |
| Mar 31 2018 | n/a | n/a | US$22m |
| Dec 31 2017 | US$2m | US$353k | US$21m |
Compensation vs Market: Insufficient data to establish whether Dan's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
CEO
Dan Borgen (63 yo)
10.5yrs
Tenure
US$1,240,566
Compensation
Mr. Daniel K. Borgen, also known as Dan, serves as the Chairman of USD Partners GP LLC- General Partner of USD Partners LP. Mr. Borgen has been the Chief Executive Officer and President of USD Partners GP...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.5yrs | US$1.24m | 1.5% $ 16.7k | |
| Executive VP & COO of USD Partners GP LLC | 7.9yrs | US$601.15k | 0.45% $ 5.1k | |
| Senior VP & CFO | less than a year | no data | no data | |
| Senior VP & Chief Accounting Officer and Controller | less than a year | no data | no data | |
| Senior Director of Financial Reporting & Investor Relations | 6.3yrs | no data | no data | |
| General Counsel of USD Partners GP LLC | 9.8yrs | US$579.37k | 0.24% $ 2.7k |
7.1yrs
Average Tenure
51yo
Average Age
Experienced Management: USDP's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.2yrs | US$1.24m | 1.5% $ 16.7k | |
| Director of USD Partners GP LLC | 10.2yrs | no data | no data | |
| Director | less than a year | US$589.55k | no data | |
| Independent Director of USD Partners GP LLC | 10.2yrs | US$143.51k | no data | |
| Director of USD Partners GP LLC | 8.3yrs | no data | no data | |
| Independent Director of USD Partners GP LLC | 9.9yrs | US$143.51k | 0.16% $ 1.8k | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director of USD Partners GP LLC | 9.2yrs | US$143.51k | 0.42% $ 4.7k | |
| Director of USD Partners GP LLC | 4.7yrs | no data | no data | |
| Director of USD Partners GP LLC | 10.5yrs | no data | 0.45% $ 5.0k | |
| Advisor to the CEO & Director of USD Partners GP LLC | 10.2yrs | no data | 0.23% $ 2.6k |
9.9yrs
Average Tenure
57yo
Average Age
Experienced Board: USDP's board of directors are considered experienced (9.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:01 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
USD Partners LP is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Zarahn | Barclays |
| Derek Walker | BofA Global Research |
| Robert Balsamo | B. Riley Securities, Inc. |