NuStar Energy

NuStar Energy LP engages in the transportation of petroleum products and anhydrous ammonia, and the terminalling, storage, and marketing of petroleum products. It operates through the following segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment provides transportation of refined petroleum products, crude oil, and anhydrous ammonia. The Storage segment focuses on terminal and storage facilities, which include storage and handling services on a fee basis for petroleum products, specialty chemicals, crude oil, and other liquids. The Fuels Marketing segment involves the bunkering operation in the Gulf Coast and blending operations related to Central East System. The company was founded in December 1999 and is headquartered in San Antonio, TX.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

NuStar Energy reports robust Q4 earnings, eyes strategic expansion

NuStar Energy's Q4 2022 performance showcased strong financial results, driven by record volumes and revenue growth across key segments. The company's proactive approach to reducing leverage and strategic capital spending sets a positive outlook for future growth.

NuStar Energy reports robust Q1 earnings, eyes ammonia market growth

NuStar Energy (NS) delivered strong financial results in Q1 2023, with growth in EBITDA and segment performance. The company is strategically positioned for future growth with expansion projects and a focus on the ammonia market. Challenges include market competition and sustaining volume growth.

NuStar Energy reports solid Q2 earnings and diversifies revenue

NuStar Energy's Q2 performance reflects resilience and strategic focus on growth, despite challenges in Permian volumes and Storage segment transitions.
Management's commitment to financial stability, expense optimization, and diversification positions NuStar for long-term success and value creation for stakeholders.
With a solid financial foundation, ongoing investments, and a proactive approach to new opportunities, NuStar is poised for sustainable growth and operational excellence.

NuStar Energy reports robust Q3 earnings, eyes growth in low-carbon projects

NuStar Energy's Q3 performance reflects resilience and growth potential, driven by strong EBITDA figures, throughput increases, and strategic initiatives. While maintaining stable operations in Fuels Marketing, the company aims to optimize its debt structure and pursue sustainable growth avenues in low-carbon projects and facility expansions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 8,700 miles of pipeline and 79 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. The partnership’s combined system has approximately 94 million barrels of storage capacity, and NuStar has operations in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom.

NuStar Energy L.P. (NYSE:NS ) Q1 2023 Results Conference Call May 4, 2023 10:00 AM ET Company Participants Pam Schmidt - VP of IR Brad Barron - President, CEO & Chairman Tom Shoaf - Executive VP & CFO Daniel Oliver - EVP of Business Development & Engineering Conference Call Participants Chris Jeffrey - Mizuho Securities Michael Blum - Wells Fargo Selman Akyol - Stifel Operator Good day, and thank you for standing by.

NuStar Energy L.P. (NS) Q1 2023 Earnings Call Transcript

Enterprise Products Partners

Magellan Midstream Partners

Conservative capital spending by upstream players and possibilities for soft fuel demand could hurt demand for partnerships' midstream assets. EPD, MMP and NS are surviving the industry challenges.

3 Oil & Gas Pipeline Stocks to Gain Amid Industry Challenges

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) today announced strong results for the first quarter of 2023 fueled by strong volumes in its refined products and crude oil pipelines. “I am pleased to report another strong quarter of financial results where net income, earnings per unit (EPU), earnings before interest, taxes, depreciation and amortization (EBITDA) and distributable cash flow (DCF) were all up quarter-over-quarter and once again demonstrated the stability and strength.

NuStar Energy L.P. Reports Strong First Quarter 2023 Earnings Results

SAN ANTONIO--(BUSINESS WIRE)--OCI Global (Euronext: OCI) and NuStar Energy L.P. (NYSE: NS) announced today that their affiliates have entered into an agreement for OCI Global (“OCI”) to transport ammonia on a new segment of NuStar Pipeline Operating Partnership L.P.'s (“NuStar”) Ammonia Pipeline System. Under the arrangement, NuStar will install a new 14-mile pipeline segment that will connect OCI's Nitrogen facility in Wever, Iowa with NuStar's existing 2,000-mile anhydrous ammonia pipeline, w.

OCI Global and NuStar Sign Agreement to Deliver Ammonia into the Midwest

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a first quarter 2023 common unit distribution of $0.40 per unit. The first quarter common unit distribution will be paid on May 12, 2023 to holders of record as of May 8, 2023. NuStar Energy L.P.'s Board of Directors also declared a first quarter 2023 Series A preferred unit distribution of $0.73169 per unit, a Series B preferred unit distribution of $0.66150 per unit and a Serie.

NuStar Energy L.P. Declares First Quarter 2023 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, May 4, 2023 at 9:00 a.m. Central Time to discuss the first quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/fnk2v7x2.

NuStar Energy L.P. to Announce First Quarter 2023 Earnings Results on May 4, 2023

In the past, I have been wary of NuStar Energy L.P. and their double-digit distribution yield. Although to give credit where due, they have made various positive improvements and, as such, I am becoming a fan.

NuStar Energy: I'm Becoming A Fan

Alliance Resource Partners

Black Stone Minerals LP

Crestwood Equity Partners

Chesapeake Energy

Coterra Energy

Devon Energy

Equitrans Midstream

Pioneer Natural Resources

Sitio Royalties Corp

The dividend yield of a stock is the ratio of the share price and the dividend paid over the past twelve months.

10 Biggest Energy Companies With Very High Dividend Yields

DCP Midstream

Energy Transfer LP Unit

Preferred MLP units offer consistent dividends and enhanced bankruptcy protections. The MLP preferred units evaluated pay distributions with forward yields ranging from 6.3% to 12.2%.

MLP Preferred Units Ranked By Quality

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that it has been recognized on Newsweek's list of “America's Most Trustworthy Companies 2023.” NuStar was one of only four San Antonio companies to make the list along with USAA, H-E-B and iHeartMedia. This prestigious honor is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry-ranking provider. The awards list can currently be viewed on Newsweek's website.

NuStar Recognized on Newsweek's List of “America's Most Trustworthy Companies 2023”

Antero Midstream Partners

CrossAmerica Partners

Delek Logistics Partners

DT Midstream

Enbridge

EnLink Midstream

Genesis Energy

Global Partners

Kinder Morgan

Kinetik Holdings

NGL Energy Partners

ONEOK

Plains All American Pipeline

Plains GP Hlds

Pembina Pipeline

Transportadora de Gas del Sur SA

Targa Resources

Ultrapar Participacoes S.A.

Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and well-supported high dividend yields.

Midstream Energy Stocks Ranked By Quality

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that for the third consecutive year, the company has been recognized by Latino Leaders Magazine as one of the “Best Companies to Work for Latinos.

NuStar Once Again Ranked Among Best Companies for Latinos to Work

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the Seventh Annual Mizuho Energy Summit on Monday, March 13, 2023 and Tuesday, March 14, 2023. The materials to be discussed in the meetings will be available on the partnership's website by 9:30 a.m. Eastern Time, Monday, March 13, 2023. NuStar Energy L.P.

NuStar to Participate in the Seventh Annual Mizuho Energy Summit

NuStar Energy L.P. (NS) reported earnings 30 days ago.

Why Is NuStar Energy L.P. (NS) Down 6.4% Since Last Earnings Report?

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) today announced that the 2022 tax packages, which include the Schedule K-1's for Series A, Series B and Series C preferred units and common units, are available online at www.nustarenergy.com in the Investors section of the website. The partnership expects to begin mailing the 2022 tax packages on March 6, 2023. For additional information, NuStar Energy L.P.

NuStar Energy L.P.'s 2022 Schedule K-1 Tax Packages Now Available

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the Barclays Select Series: Midstream Corporate Access Day on Monday, February 27, 2023. The materials to be discussed in the meetings will be available on the partnership's website by 8:30 a.m. Eastern Time, Monday, February 27, 2023. NuStar Energy L.P.

NuStar to Participate in the Barclays Select Series: Midstream Corporate Access Day

SAN ANTONIO--(BUSINESS WIRE)--The board of directors of NuStar Energy L.P. (NYSE: NS) announced today the election of Suzanne Wade to the board. “We are very fortunate to be bringing aboard Suzanne as she is a highly accomplished and distinguished business and civic leader with proven leadership skills, having held top executive positions at two of America's premier companies,” said NuStar Chairman and CEO Brad Barron.

NuStar Energy L.P. Announces Addition of New Director

NuStar reported a record EBITDA for the December quarter. It appears that EBITDA estimates for 2023 might be near $800 million.

NuStar Energy's Financial Report Blows It Away

NuStar Energy (NS) expects to generate net income in the range of $202-$240 million and EBITDA in the range of $700-$760 million in 2023.

NuStar Energy (NS) Beats on Q4 Earnings and Revenues

NuStar Energy L.P. (NYSE:NS ) Q4 2022 Earnings Conference Call February 1, 2023 11:00 AM ET Company Participants Pam Schmidt - VP, IR Brad Barron - CEO Tom Shoaf - EVP and CFO Danny Oliver - EVP, Business Development & Engineering Conference Call Participants Theresa Chen - Barclays Gabriel Moreen - Mizuho Michael Blum - Wells Fargo Operator Good day and thank you for standing by.

NuStar Energy L.P. (NS) Q4 2022 Earnings Call Transcript

SAN ANTONIO--( BUSINESS WIRE )--NuStar Energy L.P. (NYSE: NS) today announced its highest fourth quarter net income and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the company's history, along with strong full-year 2022 results fueled by record-breaking volumes in its Permian Crude System and strong performance in its Fuels Marketing Segment.

NuStar Energy L.P. Reports Strong Fourth Quarter and Full-Year 2022 Earnings Results

SAN ANTONIO--( BUSINESS WIRE )--NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a fourth quarter 2022 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 14, 2023 to holders of record as of February 8, 2023.

NuStar Energy L.P. Declares Fourth Quarter 2022 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions

SAN ANTONIO--( BUSINESS WIRE )--NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Wednesday, February 1, 2023 at 10:00 a.m. Central Time to discuss the fourth quarter 2022 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/bgpdnpyj. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI757a142163514824bfe28118ca3c0731. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/bgpdnpyj.

NuStar Energy L.P. to Announce Fourth Quarter 2022 Earnings Results on February 1, 2023

NuStar Energy L.P. repurchased 30% of the Preferred D shares in November. It appears that the company can pay off that repurchase over the next year with improved cash flows.

NuStar Energy: Financial Performance Has Improved Significantly

NS-C just entered its floating rate phase on 12/15/22 - its future distributions will be 688 basis points + 3-Month LIBOR, now at 4.75%. At its discounted price, NS-C's estimated forward yield is over 13%, with solid 3.81X dividend coverage.

News for NuStar Energy Stock (NS)