- USD's reported income loss last year was only on paper, due to an asset write-down.
- Their cash from operations remained in line with its pre-pandemic level and is improving this year.
- Rail transportation will remain important into the foreseeable future, due to its convenience, reliability, and speed.
- Given the improving economic outlook and increasing transportation costs, I expect USDP's revenue and profit to increase. A dividend increase will follow.
- I expect 20-40% upside with 7% dividend along with it.
For further details see:
USD Partners: 7% Dividend With Upside Potential