NuStar Energy L.P. (N:NS)

Business Focus: Oil & Gas Transportation Services

Sector:  Energy Industry:  Oil & Gas Transportation Services
See Regulatory Filings on SEC
Company Contact
Address: 19003 W Interstate 10
SAN ANTONIO TX 78257-9518
Tel: N/A
IR: See website
Key People
William E. Greehey
Chairman of the Board of NuStar GP, LLC
Bradley C. Barron
President, Chief Executive Officer, Director of NuStar GP, LLC
Thomas R. Shoaf
Executive Vice President, Chief Financial Officer of NuStar GP, LLC
Mary Rose Brown
Executive Vice President, Chief Administrative Officer of NuStar GP, LLC
Amy L. Perry
Executive Vice President ' Mergers & Acquisitions, Strategic Direction and Investor Relations, Corporate Secretary
Karen M. Thompson
Senior Vice President, General Counsel of NuStar GP, LLC
Jorge A. del Alamo
Senior Vice President, Controller of NuStar GP, LLC
Daniel S. Oliver
Senior Vice President - Marketing and Business Development of NuStar GP, LLC
Michael Michael Truby
Senior Vice President - Operations of NuStar GP, LLC
Business Overview
NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company's segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia. The storage segment consists of facilities that provide storage, handling and other services for petroleum products, crude oil, specialty chemicals and other liquids. The fuels marketing segment involve the purchase of crude oil, fuel oil, bunker fuel, fuel oil blending components and other refined products for resale. It conducts its operations through its subsidiaries, primarily NuStar Logistics, L.P. and NuStar Pipeline Operating Partnership L.P. As of May 4, 2017, it had more than 9,200 miles of pipeline and 81 terminal and storage facilities that provide approximately 96 million barrels of storage capacity.
Financial Overview
For the nine months ended 30 September 2019, NuStar Energy L.P. revenues decreased 13% to $1.1B. Net income applicable to common stockholders excluding extraordinary items totaled $21.9M vs. loss of $337.5M. Revenues reflect Fuels Marketing segment decrease of 39% to $262.8M. Net Income reflects Pipeline segment income increase of 18% to $233.8M, Fuels Marketing segment income increase of 14% to $9.4M. Dividend per share decreased from $2.30 to $1.80.
Employees: 1,517 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $7,761M as of Sep 30, 2019
Annual revenue (TTM): $1,608M as of Sep 30, 2019
EBITDA (TTM): $642.67M as of Sep 30, 2019
Net annual income (TTM): -$11.48M as of Sep 30, 2019
Free cash flow (TTM): -$398.11M as of Sep 30, 2019
Net Debt Last Fiscal Year: $3,352M as of Sep 30, 2019
Shares outstanding: 107,785,598 as of Oct 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization