NuStar Energy L.P. (N:NS)

Business Focus: Oil & Gas Transportation Services

Jan 13, 2020 11:43 am ET
NuStar to Participate in the UBS Midstream, MLP & Utilities One-on-One Conference
NuStar Energy L.P. (NYSE: NS) announced today that Tom Shoaf, Executive Vice President and Chief Financial Officer; Danny Oliver, Executive Vice President of Business Development & Engineering; Pam Schmidt, Vice President of Investor Relations, and other members of management will participate in meetings with members of the investment community at the UBS Midstream, MLP & Utilities One-on-One Conference on Tuesday, January 14, 2020 and Wednesday, January 15, 2020. The materials to be discussed in the meetings will be available on the partnership’s website at 9:30 a.m. Central Time, Tuesday, Ja
Dec 06, 2019 03:46 pm ET
NuStar to Participate in the Wells Fargo Securities Research, Economics & Strategy 18th Annual Midstream and Utility Symposium
NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer, Tom Shoaf, Executive Vice President and Chief Financial Officer, Amy Perry, Executive Vice President of Strategic Development, Danny Oliver, Senior Vice President of Marketing and Business Development, Pam Schmidt, Vice President of Investor Relations and other members of management will participate in meetings with members of the investment community at the Wells Fargo Securities Research, Economics & Strategy 18th Annual Midstream and Utility Symposium on Wednesday, December 11, 2019. The m
Nov 20, 2019 11:27 am ET
NuStar Energy L.P. Announces Binding Open Season for Expansion of NuStar’s Permian Crude System
NuStar Energy L.P. (NYSE: NS) announced today the start of its Binding Open Season for a capacity expansion of its Midland Trunkline within the NuStar Permian Crude System.
Nov 14, 2019 03:18 pm ET
NuStar to Participate in the 2019 RBC Capital Markets Midstream Conference
NuStar Energy L.P. (NYSE: NS) announced today that Tom Shoaf, Executive Vice President and Chief Financial Officer, Danny Oliver, Senior Vice President of Marketing and Business Development, Pam Schmidt, Vice President of Investor Relations and other members of management will participate in meetings with members of the investment community at the 2019 RBC Capital Markets Midstream Conference on Wednesday, November 20, 2019. The materials to be discussed in the meetings will be available on the partnership’s website at 8:30 a.m. Central Time, Wednesday, November 20, 2019.
Nov 05, 2019 06:45 am ET
NuStar Energy L.P. Reports Strong Third Quarter 2019 Earnings Results
NuStar Energy L.P. (NYSE: NS) reported income from continuing operations of $53 million for the third quarter of 2019, up $9 million or 20 percent from $44 million in the third quarter of 2018. Earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations were $169 million, up $15 million or 10 percent from $154 million for the third quarter of 2018.
Oct 24, 2019 06:45 am ET
NuStar Energy L.P. Declares Series A, Series B and Series C Preferred Units and Common Unit Third Quarter 2019 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a third quarter 2019 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on December 16, 2019 to holders of record as of December 2, 2019.
Oct 09, 2019 02:00 pm ET
NuStar Energy L.P. to Announce Third Quarter 2019 Earnings Results on November 5, 2019
NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Tuesday, November 5, 2019 at 10:00 a.m. Central Time to discuss the third quarter 2019 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 5169897. International callers may access the conference call by dialing 661/378-9931, reservation passcode 5169897. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcod
Sep 13, 2019 08:30 am ET
Alerian Index Series September 2019 Index Review
DALLAS, Sept. 13, 2019 /PRNewswire/ -- Alerian announced the results of the September quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, September 20, 2019. ...
Sep 04, 2019 06:45 am ET
NuStar Energy L.P. Completes Three Major Capital Projects to Expand Capacity to Transport and Export Permian Crude Oil, and Move Refined Products Into Northern Mexico
NuStar Energy L.P. (NYSE: NS) announced today that it has completed and is moving volumes on three key pipeline projects that will significantly expand the partnership's capacity to move Permian crude oil to Corpus Christi for export, and to move refined products into Northern Mexico.
Aug 23, 2019 02:06 pm ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index [CORRECTED]
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Transportation Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Transportation Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 23, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index
DALLAS, Aug. 23, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® Utility Index (the "Index") as part of normal index operations. After the markets close on August 30, 2019, the constituents of the Index will be rebalanced, and the following changes will become effective on September 3, 2019:...
Aug 14, 2019 05:01 pm ET
NuStar Energy L.P. Receives First Shipment of Long-Haul Permian Crude Oil at Its Corpus Christi North Beach Export Terminal Via Connection to Cactus II Pipeline
NuStar Energy L.P. (NYSE: NS) announced today that it has received its first shipment of Permian crude at its Corpus Christi North Beach Terminal, and that the terminal will load the first cargo of the long-haul Permian crude onto a ship for export this weekend. The shipment comes on the heels of NuStar's recent completion of a project connecting the partnership's existing 16” pipeline in South Texas to the Plains Cactus II pipeline that transports WTI volumes from the Permian Basin to South Texas.
Aug 09, 2019 01:00 pm ET
NuStar to Participate in the 2019 Citi One-on-One Midstream/Energy Infrastructure Conference
NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer, and Tom Shoaf, Executive Vice President and Chief Financial Officer, and other members of senior management will participate in meetings with members of the investment community at the 2019 Citi One-on-One Midstream/Energy Infrastructure Conference on Wednesday, August 14, 2019, and Thursday, August 15, 2019. The materials to be discussed in the meetings will be available on the partnership’s website at 11:00 a.m. Eastern Time, Wednesday, August 14, 2019.
Aug 09, 2019 12:41 pm ET
Alerian Reports June 30, 2019 Index Linked Product Positions
DALLAS, Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019, total products directly tied to and tracking the Alerian indices was $13.7 billion. ...
Aug 08, 2019 06:45 am ET
NuStar Energy L.P. Reports Strong Second Quarter 2019 Earnings Results
NuStar Energy L.P. (NYSE:NS) reported strong second quarter 2019 earnings results, highlighted NuStar’s significant progress on its 2019 capital projects program and outlined NuStar’s expectations for the second half of 2019 and beyond.
Jul 30, 2019 09:00 am ET
NuStar Energy L.P. Closes on Sale of Its St. Eustatius Terminal to Prostar Capital for $250 Million
NuStar Energy L.P. (NYSE: NS) announced today that it has closed on the sale of its oil storage terminal on the island of St. Eustatius in the Caribbean, as well as related assets, to Prostar Capital for $250 million, plus normal closing adjustments. The companies first announced this sale in May 2019.
Jul 30, 2019 09:00 am ET
Prostar Capital Completes Acquisition Of St. Eustatius Terminal From NuStar Energy L.P. For $250 Million
GREENWICH, Conn., July 30, 2019 /PRNewswire/ -- Prostar Capital ("Prostar"), a private investment firm focused on midstream energy infrastructure assets, and NuStar Energy L.P. (NYSE: NS), today announced the completion of Prostar's acquisition of an oil storage terminal facility located on the island of St. Eustatius, a Dutch island in the Caribbean. The $250 million transaction was first announced in May 2019. ...
Jul 26, 2019 06:45 am ET
NuStar Energy L.P. Declares Series A, Series B and Series C Preferred Units and Common Unit Second Quarter 2019 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a second quarter 2019 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on September 16, 2019 to holders of record as of September 3, 2019.
Jul 10, 2019 01:30 pm ET
NuStar Energy L.P. to Announce Second Quarter 2019 Earnings Results on August 8, 2019
NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, August 8, 2019 at 10:00 a.m. Central Time to discuss the second quarter 2019 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 9899738. International callers may access the conference call by dialing 661/378-9931, reservation passcode 9899738. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcod
Jul 05, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, July 5, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 12, 2019, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 15, 2019:...
Jun 12, 2019 01:17 pm ET
NuStar Energy L.P. Announces Binding Open Season for Expansion of Its Valley Pipeline System
NuStar Energy L.P. (NYSE: NS) announced today the start of its Binding Open Season for committed refined product transportation on the expanded capacity of its Valley Pipeline System in South Texas.
May 16, 2019 05:16 pm ET
NuStar Energy L.P. Announces Pricing of Offering of Senior Notes
NuStar Logistics, L.P., a wholly owned operating subsidiary of NuStar Energy L.P. (NYSE: NS) (“NuStar Energy”), today announced that it has priced $500 million aggregate principal amount of 6.00% senior notes due June 1, 2026. The senior notes were priced at 100% of par at a yield to maturity of 6.00%. The settlement date for the offering is expected to be May 22, 2019, subject to customary closing conditions. The notes will be fully and unconditionally guaranteed by NuStar Energy, as parent guarantor, and NuStar Pipeline Operating Partnership L
May 16, 2019 07:26 am ET
NuStar Energy L.P. Announces Public Offering of Senior Notes
NuStar Logistics, L.P., a wholly owned operating subsidiary of NuStar Energy L.P. (NYSE: NS) (“NuStar Energy”), announced today that it plans to conduct an offering of senior notes pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”). The notes will be fully and unconditionally guaranteed by NuStar Energy, as parent guarantor, and NuStar Pipeline Operating Partnership L.P., a wholly owned operating subsidiary of NuStar Energy, as affiliate guarantor. The net proceeds from the
May 10, 2019 05:22 pm ET
NuStar to Participate in the MLP & Energy Infrastructure Conference
NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer, and Tom Shoaf, Executive Vice President and Chief Financial Officer, and other members of senior management will participate in meetings with members of the investment community at the MLP & Energy Infrastructure Conference on Wednesday, May 15, 2019 and Thursday, May 16, 2019. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Eastern Time, Wednesday, May 15, 2019.
May 10, 2019 06:47 am ET
NuStar Energy L.P. Announces Agreement to Sell St. Eustatius Terminal for $250 Million and Reports First Quarter 2019 Earnings Results
NuStar Energy L.P. (NYSE: NS) today announced plans to sell its St. Eustatius Terminal, reported the company’s first quarter 2019 earnings results and reviewed NuStar’s growth and growth projects, in the Permian and across its system.
May 10, 2019 06:45 am ET
NuStar Energy L.P. Announces Agreement to Sell St. Eustatius Terminal for $250 Million
NuStar Energy L.P. (NYSE: NS) today announced plans to sell its St. Eustatius Terminal, reported the company’s first quarter 2019 earnings results and reviewed NuStar’s growth and growth projects, in the Permian and across its system.
May 08, 2019 04:30 pm ET
NuStar Energy L.P. Reschedules Announcement of First Quarter 2019 Earnings Results to May 10, 2019
NuStar Energy L.P. (NYSE: NS) has rescheduled its conference call to discuss the first quarter 2019 earnings results. The call will now be on Friday, May 10, 2019 at 9:00 a.m. Central Time, with the results to be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 8288856. International callers may access the conference call by dialing 661/378-9931, reservation passcode 8288856. The partnership intends to have a playback available following the conference call, which may be
Apr 26, 2019 06:45 am ET
NuStar Energy L.P. Declares Series A, Series B and Series C Preferred Units and Common Unit First Quarter 2019 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a first quarter 2019 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on June 17, 2019 to holders of record as of June 3, 2019.
Apr 17, 2019 12:55 pm ET
NuStar Energy L.P. to Announce First Quarter 2019 Earnings Results on May 9, 2019
NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, May 9, 2019 at 10:00 a.m. Central Time to discuss the first quarter 2019 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 8288856. International callers may access the conference call by dialing 661/378-9931, reservation passcode 8288856. The partnership intends to have a playback available following the conference call, which may be accessed by
Mar 29, 2019 11:10 am ET
NuStar to Participate in the Mizuho Energy Summit
NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer, and Tom Shoaf, Executive Vice President and Chief Financial Officer, and other members of senior management will participate in meetings with members of the investment community at the Mizuho Energy Summit on Monday, April 1, 2019 and Tuesday, April 2, 2019. The materials to be discussed in the meetings will be available on the partnership’s website at 11:00 a.m. Eastern Time, Monday, April 1, 2019.
Mar 04, 2019 12:30 pm ET
NuStar Energy L.P.’s and NuStar GP Holdings, LLC’s 2018 Schedule K-1 Tax Packages Now Available
NuStar Energy L.P. (NYSE: NS) today announced that the 2018 tax packages, which include the Schedule K-1s 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 2018 tax packages on Marc
Mar 01, 2019 03:44 pm ET
NuStar to Participate in Barclays Midstream Corporate Access Days
NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer, and Tom Shoaf, Executive Vice President and Chief Financial Officer, and other members of senior management will participate in meetings with members of the investment community at Barclays Midstream Corporate Access Days on Tuesday, March 5, 2019 and Wednesday, March 6, 2019. The materials to be discussed in the meetings will be available on the partnership’s website at 8:00 a.m. Eastern Time, Tuesday, March 5, 2019.
Feb 27, 2019 07:00 am ET
New Research Coverage Highlights Cisco, Mattel, Celgene, Vanda Pharmaceuticals, NuStar Energy, and Aon plc — Consolidated Revenues, Company Growth, and Expectations for 2019
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cisco Systems, Inc. (NASDAQ:CSCO), Mattel, Inc. (NASDAQ:MAT), Celgene...
Feb 01, 2019 11:37 am ET
Alerian Reports December 31, 2018 Index Linked Product Positions
DALLAS, Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, and variable insurance portfolios....
Jan 31, 2019 06:45 am ET
NuStar Energy L.P. Reports Fourth Quarter and Full-Year 2018 Earnings Results
NuStar Energy L.P. (NYSE: NS) today announced its fourth quarter and full-year 2018 earnings results.
Jan 29, 2019 06:45 am ET
NuStar Energy L.P. Declares Series A, Series B and Series C Preferred Units and Common Unit Fourth Quarter 2018 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a fourth quarter 2018 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on March 15, 2019 to holders of record as of March 1, 2019.
Jan 16, 2019 11:47 am ET
NuStar Energy L.P. to Announce Fourth Quarter 2018 Earnings Results on January 31, 2019
NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, January 31, 2019 at 10:00 a.m. Central Time to discuss the fourth quarter 2018 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 9041769. International callers may access the conference call by dialing 661/378-9931, reservation passcode 9041769. The partnership intends to have a playback available following the conference call, which may be acces
Dec 07, 2018 07:35 am ET
Analysis: Positioning to Benefit within Amazon, Finisar, NuStar Energy, McDonald's, Robert Half International, and Guidewire Software — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Amazon.com, Inc. (NASDAQ:AMZN), Finisar Corporation (NASDAQ:FNSR), NuStar...
Nov 30, 2018 03:28 pm ET
NuStar to Participate in the Wells Fargo Securities Research, Economics & Strategy Midstream and Utility Symposium
NuStar Energy L.P. (NYSE: NS) announced today that President and Chief Executive Officer Brad Barron, and Executive Vice President and Chief Financial Officer Tom Shoaf and other members of senior management will participate in meetings with members of the investment community at the Wells Fargo Securities Research, Economics & Strategy Midstream and Utility Symposium on Wednesday, December 5, 2018. The materials to be discussed in the meetings will be available on the partnership’s website at 8:00 a.m. Eastern Time, Wednesday, December 5, 2018.
Nov 30, 2018 11:06 am ET
NuStar Energy Closes on Sale of Its European Operations to Inter Pipeline
NuStar Energy L.P. (NYSE: NS) announced today that it has closed on the sale of its European terminals and related assets to Inter Terminals Ltd., which is Inter Pipeline Ltd.’s European storage subsidiary, for $270 million, plus normal closing adjustments. The operations include six liquids storage terminals in the United Kingdom and one facility in Amsterdam.
Nov 05, 2018 06:45 am ET
NuStar Energy L.P. Reports 25% Increase in Net Income
NuStar Energy L.P. (NYSE: NS) today announced net income of $48 million for the third quarter of 2018, up 25% from $39 million in the third quarter of 2017. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $172 million, up $16 million or 10% from $156 million for the third quarter 2017.
Oct 30, 2018 08:30 am ET
NuStar Energy Agrees to Sell Its European Operations to Inter Pipeline
NuStar Energy L.P. (NYSE: NS) announced today that it has entered into an agreement to sell its European terminals and related assets to Inter Pipeline Ltd.’s European storage subsidiary, Inter Terminals Ltd., for $270 million. The operations include six liquids storage terminals in the United Kingdom and one facility in Amsterdam. The acquisition is expected to close in the fourth quarter of 2018, subject to normal closing adjustments.
Oct 29, 2018 08:50 am ET
Analysis: Positioning to Benefit within Nustar Energy, Guidewire Software, Corning, La-Z-Boy, ManpowerGroup, and Heritage-Crystal Clean — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Nustar Energy L.P. (NYSE:NS), Guidewire Software, Inc. (NYSE:GWRE),...
Oct 29, 2018 06:45 am ET
NuStar Energy L.P. Declares Series A, Series B and Series C Preferred Units and Common Unit Third Quarter 2018 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a third quarter 2018 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on December 17, 2018 to holders of record as of December 3, 2018.
Oct 05, 2018 06:42 pm ET
NuStar Energy L.P. to Announce Third Quarter 2018 Earnings Results on November 5, 2018
NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Monday, November 5, 2018 at 9:00 a.m. Central Time to discuss the third quarter 2018 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 8547677. International callers may access the conference call by dialing 661/378-9931, reservation passcode 8547677. The partnership intends to have a playback available following the conference call, which may be accessed by
Oct 04, 2018 07:35 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within NuStar Energy, Autohome, Invitation Homes, Bloomin' Brands, Rollins, and Clean Harbors — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of NuStar Energy L.P. (NYSE:NS), Autohome Inc. (NYSE:ATHM), Invitation Homes...
Sep 14, 2018 02:46 pm ET
NuStar to Participate in J.P. Morgan’s Mid-West Energy Infrastructure/MLP 1x1 Forum
NuStar Energy L.P. (NYSE: NS) announced today that President and Chief Executive Officer, Brad Barron, and Executive Vice President and Chief Financial Officer, Tom Shoaf, and other members of senior management will participate in meetings with members of the investment community at J.P. Morgan’s Mid-West Energy Infrastructure/MLP 1x1 Forum in Chicago, IL on Thursday, September 20, 2018. The materials to be discussed in the meetings will be available on the partnership’s website at 8:30 a.m. Central Time, Thursday, September 20, 2018.
Aug 10, 2018 12:03 pm ET
NuStar to Participate in the 2018 CITI One-on-One MLP/Midstream Infrastructure Conference
NuStar Energy L.P. (NYSE: NS) announced today that President and Chief Executive Officer Brad Barron, and Executive Vice President and Chief Financial Officer Tom Shoaf and other members of senior management will participate in meetings with members of the investment community at the 2018 CITI One-on-One MLP/Midstream Infrastructure Conference on Wednesday, August 15, 2018 and Thursday, August 16, 2018. The materials to be discussed in the meetings will be available on the partnership’s website at 11:30 a.m. Eastern Time, Wednesday, August 15, 2
Aug 07, 2018 06:45 am ET
NuStar Energy L.P. Announces 12% Increase in Second Quarter 2018 Net Income
For the second quarter of 2018, NuStar Energy L.P. (NYSE: NS) reported net income applicable to common limited partners of $13.7 million, or $0.15 per unit, up $9.3 million from $4.4 million in the second quarter 2017, while earnings before interest, taxes, depreciation and amortization (EBITDA) were $157.1 million, up 11% from $141.1 million for the second quarter 2017.
Jul 26, 2018 06:45 am ET
NuStar Energy L.P. Declares Series A, Series B and Series C Preferred Units and Common Unit Second Quarter 2018 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a second quarter 2018 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on September 17, 2018 to holders of record as of September 4, 2018.
Jul 20, 2018 01:16 pm ET
NuStar GP Holdings, LLC Completes Merger with NuStar Energy L.P.
NuStar GP Holdings, LLC (NYSE: NSH) and NuStar Energy L.P. (NYSE: NS) have announced that the merger of NSH with a subsidiary of NS was completed today.
Jul 20, 2018 01:01 pm ET
NuStar GP Holdings, LLC Unitholders Approve Merger with NuStar Energy L.P.
NuStar GP Holdings, LLC (NYSE: NSH) and NuStar Energy L.P. (NYSE: NS) today announced that the NSH unitholders have approved the merger of NSH with a wholly owned subsidiary of NS. Approximately ninety-eight percent of the NSH units that voted were cast in favor of the merger, representing approximately sixty-five percent of NSH’s total outstanding units as of the record date.
Jul 19, 2018 11:34 am ET
NuStar Energy L.P. to Announce Second Quarter 2018 Earnings Results on August 7, 2018
NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Tuesday, August 7, 2018 at 10:00 a.m. Central Time to discuss the second quarter 2018 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 6187415. International callers may access the conference call by dialing 661/378-9931, reservation passcode 6187415. The partnership intends to have a playback available following the conference call, which may be accessed by
Jul 19, 2018 08:30 am ET
Rice Midstream Partners and NuStar GP Holdings Expected to Be Removed from the Alerian Index Series
DALLAS, July 19, 2018 /PRNewswire/ -- Alerian announced today that Rice Midstream Partners (NYSE: RMP) is expected to be removed from the Alerian MLP Infrastructure Index (AMZI), Alerian Natural Gas MLP Index (ANGI), Alerian Midstream Energy Index (AMNA), Alerian US Midstream Energy Index (AMUS), Alerian MLP Index (AMZ), Alerian MLP Equal Weight Index (AMZE), and Alerian Mid Cap MLP Index (AMMI) in a special rebalancing....
Jul 16, 2018 11:14 am ET
Proxy Advisory Firms Recommend Approval of NuStar Energy and NuStar GP Holdings Proposed Merger Transaction
NuStar Energy L.P. (NYSE: NS) (the “Partnership”) and NuStar GP Holdings, LLC (NYSE: NSH) today announced that two leading proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co., have recommended votes in favor of the proposed merger of NSH with a wholly owned subsidiary of the Partnership through a unit-for-unit exchange. The proposed merger will be considered at the July 20, 2018 special meeting of NSH unitholders.
Jul 13, 2018 04:30 pm ET
NuStar Energy Announces Second Closing of Private Placement of Series D Cumulative Convertible Preferred Units to EIG
NuStar Energy L.P. (NYSE: NS) (the “Partnership”) today announced the closing of the issuance of $190 million of Series D Cumulative Convertible Preferred Units representing limited partner interests in the Partnership (the “Preferred Units”) to investment funds managed by EIG Management Company, LLC and FS/EIG Advisor, LLC, the advisor to FS Energy & Power Fund. The purchasers previously purchased $400 million of Preferred Units at the initial closing on June 29, 2018.
Jul 12, 2018 08:30 am ET
Alerian Announces Constituent Changes to the Alerian Midstream Energy Select Index
DALLAS, July 12, 2018 /PRNewswire/ -- Alerian announced that as of the close of business on Monday, July 23, 2018, the following companies will be added to the Alerian Midstream Energy Select Index (AMEI):...
Jun 29, 2018 04:20 pm ET
NuStar Energy Announces Initial Closing of Private Placement of Series D Cumulative Convertible Preferred Units to EIG and Closing of Private Placement of Common Units to William E. Greehey
NuStar Energy L.P. (NYSE: NS) (the “Partnership”) today announced the initial closing of the issuance of $400 million of Series D Cumulative Convertible Preferred Units representing limited partner interests in the Partnership (the “Preferred Units”) to investment funds managed by EIG Management Company, LLC and FS/EIG Advisor, LLC, the advisor to FS Energy & Power Fund. The purchasers have agreed to purchase the remaining $190 million of Preferred Units at a second closing, scheduled to occur on July 13, 2018. In addition, the Partnership has c
Jun 26, 2018 08:26 pm ET
NuStar Energy L.P. Announces Private Placement of $590 Million Series D Cumulative Convertible Preferred Units to EIG and $10 Million Common Units to William E. Greehey
NuStar Energy L.P. (NYSE: NS) (the “Partnership”) announced today that it has entered into an agreement to sell approximately $590 million of newly issued Series D Cumulative Convertible Preferred Units representing limited partner interests in the Partnership (the “Preferred Units”) in a private placement to investment funds managed or sub-advised by EIG Management Company, LLC and FS/EIG Advisor, LLC, the advisor to FS Energy & Power Fund (“EIG”). In addition, the Partnership has entered into an agreement to sell approximately $10 million of
Jun 19, 2018 07:45 am ET
Detailed Research: Economic Perspectives on LSC Communications, Cardiovascular, RPX, Nustar Energy, LSB Industries, and Digi International — What Drives Growth in Today's Competitive Landscape
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of LSC Communications (NYSE:LKSD), Cardiovascular Systems, Inc....
Jun 18, 2018 06:45 am ET
NuStar GP Holdings, LLC Announces Record Date and Special Meeting Date
NuStar GP Holdings, LLC (NYSE: NSH) today announced that a special meeting of its unitholders will be held on July 20, 2018 at 10:30 a.m. Central Time at NSH’s headquarters located at 19003 IH-10 West, San Antonio, TX 78257, for unitholders of record as of the close of business on June 22, 2018. At the special meeting, NSH unitholders will vote on the previously announced proposed merger and related transactions pursuant to the Agreement and Plan of Merger, dated as of February 7, 2018, by and among NuStar Energy L.P., Riverwalk Logistics, L.P.,
Jun 08, 2018 08:30 am ET
Alerian Index Series June 2018 Index Review
DALLAS, June 8, 2018 /PRNewswire/ -- Alerian announced the results of the June quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, June 15, 2018....
May 18, 2018 02:22 pm ET
NuStar to Participate in the 2018 MLP & Energy Infrastructure Conference
NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) announced today that President and Chief Executive Officer Brad Barron, and Executive Vice President and Chief Financial Officer Tom Shoaf and other members of senior management will participate in meetings with members of the investment community at the 2018 MLP & Energy Infrastructure Conference in Orlando, FL on Wednesday, May 23, 2018 and Thursday, May, 24, 2018.
Apr 30, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® 30 MLP Index
DALLAS, April 30, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® 30 MLP Index (the "Index"). Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the week that is at least five business days after the day on which the announcement is made. Due to the April 24, 2018, distribution cut announcement by NuStar Energy L.P. (NYSE: NS), after the market closes on May 7, 2018, (the distribution...
Apr 30, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, April 30, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the week that is at least five business days after the day on which the announcement is made. Due to the April 24, 2018, distribution cut announcement by NuStar Energy L.P. (NYSE: NS), after the market closes on May 7, 2018, (the dis...
Apr 30, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP Market Cap Index
DALLAS, April 30, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® MLP Market Cap Index (the "Index"). Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the week that is at least five business days after the day on which the announcement is made. Due to the April 24, 2018, distribution cut announcement by NuStar Energy L.P. (NYSE: NS), after the market closes on May 7, 2018, (the dist...
Apr 26, 2018 06:45 am ET
NuStar Energy L.P. and NuStar GP Holdings, LLC Announce Earnings Results for First Quarter 2018
For the first quarter of 2018, NuStar Energy L.P.’s (NYSE: NS) (the “Partnership” or “NuStar” or “NS”) net income applicable to common limited partners was $107 million, or $1.15 per unit, up 178% from $38 million, or $0.49 per unit for first quarter 2017, while earnings before interest, taxes, depreciation and amortization (EBITDA) were $250 million, up 62% from $154 million for first quarter 2017.
Apr 25, 2018 07:40 am ET
Analysis: Positioning to Benefit within Synaptics, LSC Communications, Ion Geophysical, St. Joe, UMB Financial, and Nustar Energy — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, April 25, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Synaptics Incorporated (NASDAQ:SYNA), LSC Communications (NYSE:LKSD),...
Apr 09, 2018 02:56 pm ET
NuStar Energy L.P. and NuStar GP Holdings, LLC to Announce First Quarter 2018 Earnings Results on April 26, 2018
NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) today announced that they will host a joint conference call on Thursday, April 26, 2018 at 10:00 a.m. Central Time to discuss the first quarter 2018 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 1271207. International callers may access the conference call by dialing 661/378-9931, reservation passcode 1271207. The companies intend to have a playback available following the
Mar 16, 2018 04:44 pm ET
NuStar Announces No Expected Material Impact on FERC’s Tax Policy Change
NuStar Energy L.P. (NYSE: NS) announced today that yesterday’s decision by the Federal Energy Regulatory Commission (“FERC”) to revise its 2005 Policy Statement for Recovery of Income Tax costs is not expected to have a material impact on the earnings or cash flow of NuStar Energy.
Mar 01, 2018 09:08 am ET
NuStar Energy L.P. and NuStar GP Holdings, LLC File 2017 Annual Reports
NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) today announced that they filed their respective Annual Reports on Form 10-K for the year ended December 31, 2017 with the U.S. Securities and Exchange Commission. The filings can be viewed at NuStar Energy L.P.’s and NuStar GP Holdings, LLC’s websites at www.nustare
Feb 26, 2018 11:35 am ET
NuStar Energy L.P.’s 2017 Schedule K-1 Tax Packages Now Available
NuStar Energy L.P. (NYSE: NS) today announced that the 2017 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 2017 tax packages by Feb
Feb 22, 2018 08:20 am ET
Research Report Identifies CDK Global, Nustar Energy, RPM International, Verso, NeoPhotonics, and CMS Energy with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, Feb. 22, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CDK Global, Inc. (NASDAQ:CDK), Nustar Energy...
Feb 21, 2018 03:24 pm ET
Alerian Reports December 31, 2017 Index Linked Product Positions
DALLAS, Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Feb 09, 2018 10:24 am ET
NUSTAR GP HOLDINGS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of NuStar GP Holdings, LLC
NEW ORLEANS, Feb. 9, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of NuStar GP Holdings, LLC ("NSH" or the "Company") (NYSE:NSH) to NuStar Energy L.P. (NYSE:NS).  Under the terms of the proposed transaction, unitholders of NSH will receive only 0.55 of a NuStar Energy common unit for each unit of NSH that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Compa...
Feb 08, 2018 08:20 am ET
NuStar Energy L.P. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 8, 2018 / NuStar Energy L.P. (NYSE: NS) will be discussing their earnings results in their Q4 Earnings Call to be held on February 8, 2018 at 10:00 AM Eastern Time.
Feb 08, 2018 06:45 am ET
NuStar Energy L.P. and NuStar GP Holdings, LLC Announce Merger Agreement, Anticipated Distribution Reset and Earnings Results for Fourth Quarter 2017
NuStar Energy L.P. (NYSE: NS) (the “Partnership” or “NS”) and NuStar GP Holdings, LLC (NYSE: NSH) (“NSH”) today announced a definitive agreement that would result in the merger of NSH with a wholly owned subsidiary of the Partnership through a unit-for-unit exchange. The merger would result in NSH becoming a wholly owned subsidiary of the Partnership and the cancellation of the 2% economic general partner interest in the Partnership, the incentive distribution rights in the Partnership and approximately 10.2 million Partnership common units curr
Jan 29, 2018 06:45 am ET
NuStar Energy L.P. Declares Series A Preferred Unit, Series B Preferred Unit, Series C Preferred Unit and Common Unit Fourth Quarter 2017 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a fourth quarter 2017 Series A preferred unit distribution of $0.53125 per unit, a Series B preferred unit distribution of $0.47657 per unit and an initial Series C preferred unit distribution of $0.65625 per unit. The preferred unit distributions will be paid on March 15, 2018 to holders of record as of March 1, 2018.
Jan 22, 2018 04:46 pm ET
NuStar Energy L.P. and NuStar GP Holdings, LLC to Announce Fourth Quarter 2017 Earnings Results on February 8, 2018
NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) today announced that they will host a joint conference call on Thursday, February 8, 2018 at 9:00 a.m. Central Time to discuss the fourth quarter 2017 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 2577134. International callers may access the conference call by dialing 661/378-9931, reservation passcode 2577134. The companies intend to have a playback available following th
Jan 09, 2018 12:41 pm ET
NuStar Energy L.P. Announces Open Season for Second Capacity Expansion of NuStar’s Permian Crude System
NuStar Energy L.P. (NYSE: NS) announced today the start of its Binding Open Season involving a second capacity expansion of NuStar Permian Transportation and Storage LLC’s Permian Crude System.
Dec 18, 2017 07:45 am ET
Recent Analysis Shows Verso, NeoPhotonics, CMS Energy, CDK Global, Nustar Energy, and RPM International Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, Dec. 18, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Verso Corporation (NYSE:VRS), NeoPhotonics Corporation (NYSE:NPTN),...
Dec 01, 2017 05:08 pm ET
NuStar to Participate in the Wells Fargo 2017 Pipeline, MLP and Utility Symposium
NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) announced today that President and Chief Executive Officer Brad Barron and Executive Vice President and Chief Financial Officer Tom Shoaf will participate in meetings with members of the investment community at the Wells Fargo 2017 Pipeline, MLP and Utility Symposium in New York, NY on Wednesday, December 6, 2017. The materials to be discussed in the meetings will be available on both companies’ websites at 8:00 a.m. Eastern Time, Wednesday, December 6, 2017.
Nov 27, 2017 06:09 pm ET
NuStar Energy L.P. Announces Pricing of Preferred Units
NuStar Energy L.P. (NYSE: NS) (“NuStar” or the “Partnership”) announced today that it has priced an underwritten public offering of 6,000,000 of its 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Preferred Units”) at a price of $25.00 per unit. The Partnership has granted the underwriters a 30-day option to purchase up to an additional 900,000 Preferred Units from the Partnership at the public offering price less the underwriting discount. Distributions on the Preferred Units will be payable from and
Nov 07, 2017 06:45 am ET
NuStar Energy L.P. Reports Earnings Results for the Third Quarter of 2017
For the third quarter of 2017, net income applicable to common limited partners was $14 million, or $0.15 per unit, down 63% from $39 million, or $0.49 per unit for third quarter 2016, while earnings before interest, taxes, depreciation and amortization (EBITDA) were $156 million, up 9% from $142 million for third quarter 2016.
Oct 18, 2017 06:17 pm ET
NuStar Energy L.P. Declares Series A Preferred Unit, Series B Preferred Unit and Common Unit Third Quarter 2017 Distributions
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a third quarter 2017 Series A preferred unit distribution of $0.53125 per unit and a Series B preferred unit distribution of $0.47657 per unit. The preferred unit distributions will be paid on December 15, 2017 to holders of record as of December 1, 2017.
Oct 06, 2017 04:22 pm ET
NuStar Energy L.P. and NuStar GP Holdings, LLC to Announce Third Quarter 2017 Earnings Results on November 7, 2017
NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) today announced that they will host a joint conference call on Tuesday, November 7, 2017 at 9:00 a.m. Central Time to discuss the third quarter 2017 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 93805813. International callers may access the conference call by dialing 661/378-9931, reservation passcode 93805813. The companies intend to have a playback available following th