•  
  • AMZ Index     307.39
  • AMZ Net Change     -3.58
  • AMZ Net Change %     -1.15%
  • AMZ WTD   -0.59%
  • AMZ YTD   -3.35%
  • As of Date   5/25/2017

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WPT
World Point Terminals LP
Icon Print
Refined Fuel
Midstream
Limited Partner
Exchange Listing Date 8/9/2013
Commodity Exposure Refined Fuel
Primary Operating Regions Gulf Coast,Northeast
Distribution Payment Type QUARTERLY CASH
General Partner WPT/APEX
Incentive Distribution Rights YES
Market Capitalization $598(MM)
Common Units 34,861,014
Subordinated Class  
At The Money Issuance Program N
Most Recent Secondary Offering  
Previous Secondary Offering  
Institutional Ownership 30.10%
Total Long Term Debt  
Value Chain Midstream
Other Operating Regions Midwest
Tax Treatment of Income
K-1
Multi-State Income:   Y
GP or Sponsor Ticker  
General Partner Distribution Split 0%
Total Units
34,861,014
As of Date :   3/31/2017
Class A/B/C/D/E/F 0
Subordinated Units  
At The Money (ATM) Issuance 0
Most Recent Secondary Amount
Previous Secondary Amount  
Insider Ownership 40.56%
K-1 Dates
2016 Tax Year:   3/15/2017
Partnership Details    Asset Map

We are a fee-based, growth-oriented Delaware limited partnership recently formed to own, operate, develop and acquire terminals and other assets relating to the storage of light refined products, heavy refined products and crude oil. Our storage terminals are strategically located in the East Coast, Gulf Coast and Midwest regions of the United States and, as of May 31, 2013, had a combined available storage capacity of 12.4 million barrels, and at the closing of this offering we will have 12.8 million barrels of available storage capacity. Since January 1, 2013, we completed construction of and placed into service 0.2 million barrels of available storage capacity at existing facilities and have acquired or will acquire prior to the closing of this offering an additional 1.4 million barrels of available storage capacity, increasing our storage capacity since December 31, 2012 by approximately 14%. Most of our terminal facilities are strategically located on major waterways, providing e More...

Management Background
Name Title Tenure Prev. Role Base Comp. Total Comp. Year
Paul A. Novelly CEO 2013 Apex $ 0 $ 0 2016
$ 0 $ 0 2015
$ 0 $ 5,800,000 2014
$ 0 $ 0 2012
Kenneth E. Fenton CEO/President 2013 Apex $ 0 $ 0 2016
$ 0 $ 0 2015
$ 0 $ 0 2014
$ 0 $ 0 2012
Jonathan Q. Affleck CFO 2013 Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates $ 0 $ 0 2016
$ 0 $ 0 2015
Steven G. Twele CFO 2013 Apex $ 0 $ 0 2012
Insider Transactions
  201720162015
Total $ Purchases 0 $1,812,120 $3,043,282
Total $ Sales 0 $228,661 $752,373


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