Nustar Energy Stock Price, News & Analysis

NuStar Energy L.P. (NYSE: NS) announced a conference call scheduled for February 4, 2021, at 9:00 a.m. Central Time to discuss its fourth quarter 2020 earnings results. The call will be accessible via telephone or online, with details provided for both domestic and international callers. NuStar, based in San Antonio, operates approximately 10,000 miles of pipeline and 73 terminal facilities, accumulating a storage capacity of about 72 million barrels, serving markets across the U.S., Canada, and Mexico.

NuStar Energy L.P. (NYSE: NS) announced its participation in the UBS Winter Infrastructure & Energy Virtual Conference on January 12-13, 2021. Key executives, including CEO Brad Barron and CFO Tom Shoaf, will engage with the investment community. Conference materials will be available on the company's website at 10:00 a.m. ET on January 12. NuStar is a leading independent operator with approximately 10,000 miles of pipeline and 73 terminal facilities across the U.S., Canada, and Mexico, boasting a storage capacity of about 72 million barrels.

NuStar Energy L.P. (NYSE:NS) has finalized the sale of its terminals in Texas City, Texas, to BWC Terminals for $106 million. Announced initially on November 2, 2020, this divestiture is aimed at enhancing NuStar's debt metrics and self-funding a larger portion of its capital program. CEO Brad Barron stated that while the Texas City terminals were significant assets, their configuration was no longer aligned with NuStar's strategy. The acquisition is expected to support growth and operational efficiency at BWC Terminals.

NuStar Energy L.P. (NYSE: NS) will participate in the Wells Fargo Securities 2020 Virtual Midstream and Utility Symposium on December 8-9, 2020. Key executives, including CEO Brad Barron and CFO Tom Shoaf, will engage with the investment community. Meeting materials will be available on the company’s website at 10:00 a.m. ET on December 8.

NuStar, based in San Antonio, operates about 10,000 miles of pipeline and 75 terminal facilities for crude oil and refined products, with a storage capacity of approximately 75 million barrels across the U.S., Canada, and Mexico.

NuStar Energy L.P. (NYSE: NS) will participate in the BofA Securities 2020 Virtual Global Energy Conference on November 11, 2020. Key executives, including President Brad Barron and CFO Tom Shoaf, will engage with the investment community. Meeting materials will be available on the company’s website at 10:00 a.m. Eastern Time on the same day. NuStar, based in San Antonio, operates approximately 10,000 miles of pipelines and 75 terminal facilities across the U.S., Canada, and Mexico, with a storage capacity of 75 million barrels.

NuStar Energy L.P. (NYSE: NS) reported a third-quarter operating income of $105 million, a 5% increase from the previous year, despite a net loss of $96.6 million due to a $138 million non-operational charge from loan repayment. Adjusted EBITDA rose by 7% to $180 million. The company issued $1.2 billion in new notes for debt repayment, enhancing liquidity and reducing interest expenses. NuStar anticipates raising its 2020 EBITDA outlook to $690–$730 million, reflecting recovery in demand, particularly for refined products.

NuStar Energy L.P. (NYSE: NS) announced the sale of its terminals in Texas City, Texas, to BWC Terminals for $106 million. The transaction is expected to close in Q4 2020, pending customary closing conditions. President and CEO Brad Barron emphasized that the sale aligns with NuStar's broader strategy, allowing for improved debt metrics and enhanced self-funding of their capital program. Barron expressed confidence that the acquisition will benefit Texas City employees and the operational capabilities of BWC Terminals.

NuStar Energy L.P. (NYSE: NS) has declared a third quarter 2020 common unit distribution of $0.40 per unit, scheduled for payment on November 13, 2020, to holders of record as of November 6, 2020. The Board also announced preferred unit distributions: Series A at $0.53125, Series B at $0.47657, and Series C at $0.56250, payable on December 15, 2020, to holders of record as of December 1, 2020. A conference call for discussing Q3 financial results will occur on November 5, 2020.

NuStar Energy L.P. (NYSE: NS) will host a conference call on November 5, 2020, at 9:00 a.m. Central Time to discuss its third quarter 2020 earnings results, which will be released earlier that day. Interested participants can join the call by dialing toll-free 844/889-7787 or by accessing it online. NuStar is one of the largest independent liquids terminal and pipeline operators in the U.S., with approximately 10,000 miles of pipeline and 75 million barrels of storage capacity across the U.S., Canada, and Mexico.