The estimated Net Worth of Dan Borgen is at least $1.82 Milión dollars as of 22 September 2021. Mr. Borgen owns over 25,000 units of USD Partners LP stock worth over $450 and over the last 11 years he sold USDP stock worth over $0. In addition, he makes $1,817,900 as Chairman of the Board, President a Chief Executive Officer of USD Partners GP LLC at USD Partners LP.
Dan has made over 13 trades of the USD Partners LP stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 25,000 units of USDP stock worth $68,750 on 22 September 2021.
The largest trade he's ever made was buying 26,853 units of USD Partners LP stock on 19 March 2020 worth over $108,486. On average, Dan trades about 3,544 units every 68 days since 2013. As of 22 September 2021 he still owns at least 25,000 units of USD Partners LP stock.
You can see the complete history of Mr. Borgen stock trades at the bottom of the page.
Dan Kent Borgen serves as Chairman of the Board, President, Chief Executive Officer of USD Partners GP LLC, a General Partner of the Company. Mr. Borgen has been Chief Executive Officer and President of our general partner since June 2014 and became Chairman of the Board of our general partner prior to the close of our IPO. Mr. Borgen is a co-founder of USD and its predecessor companies and has served as chairman, CEO and President of USD since its inception. Additionally, Mr. Borgen served as President of U.S. Right-of-Way Corporation, a private company, since 1993. Prior to USD, Mr. Borgen worked for 11 years in investment banking in mergers and acquisitions, portfolio management and strategic planning. He began his career with a private investment firm focused on the oil and gas industry. Mr. Borgen has served on the board of directors of several corporations and currently serves on the board of Vertex Energy Inc., an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Active in several community organizations, he is chair of the USD Foundation and a trustee of Boys and Girls Club of America. Mr. Borgen received a degree in Petroleum Management and Finance from the University of Oklahoma. He was recognized by Goldman Sachs as one of 100 Most Intriguing Entrepreneurs in 2013 and was a finalist for Ernst and Young’s 2014 Gulf Coast Entrepreneur of the Year. Mr. Borgen’s experience in founding and leading USD and its predecessors provides the board with broad business and leadership expertise in the financial and energy industries.
As the Chairman of the Board, President a Chief Executive Officer of USD Partners GP LLC of USD Partners LP, the total compensation of Dan Borgen at USD Partners LP is $1,817,900. There are no executives at USD Partners LP getting paid more.
Dan Borgen is 58, he's been the Chairman of the Board, President a Chief Executive Officer of USD Partners GP LLC of USD Partners LP since 2014. There are 4 older and 11 younger executives at USD Partners LP. The oldest executive at USD Partners LP is Michael Curry, 66, who is the Director of USD Partners GP LLC.
Dan's mailing address filed with the SEC is 811 MAIN STREET, SUITE 2800, , HOUSTON, TX, 77002.
Over the last 10 years, insiders at USD Partners LP have traded over $99,936 worth of USD Partners LP stock and bought 478,771 units worth $6,184,197 . The most active insiders traders include G Stacy Smith, Jeffrey P. Wood a Dan Borgen. On average, USD Partners LP executives and independent directors trade stock every 70 days with the average trade being worth of $244. The most recent stock trade was executed by Jane A Ohagan on 16 February 2024, trading 13,136 units of USDP stock currently worth $236.
usd partners lp acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the united states and canada. the company operates through two segments, terminalling services and fleet services. 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; stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in stroud, oklahoma; casper terminal, a crude oil storage, blending, and railcar loading terminal located in casper, wyoming; and west colton terminal, an unit train-capable destination terminals that trans load approximately 13,000 barrels per day ethanol received by rail from producers onto trucks. the fleet services segment provides leased railcars and fleet services related to the transporta
USD Partners LP executives and other stock owners filed with the SEC include: