Last $65.94 USD
Change Today +1.45 / 2.25%
Volume 465.6K
NS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

nustar energy lp (NS) Key Developments

NuStar Energy L.P. Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014

NuStar Energy L.P. Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014 . Venue: Encore at Wynn Las Vegas, 3121 Las Vegas Boulevard South, Las Vegas, NV 89109, United States. Speakers: Bradley C. Barron, Chief Executive Officer of NuStar GP LLC, President of NuStar GP LLC and Director of NuStar GP LLC, Thomas R. Shoaf, Chief Financial Officer of NuStar GP LLC and Executive Vice President of NuStar GP LLC.

NuStar Energy L.P. - Special Call

NuStar Energy L.P. - Special Call

NuStar Energy L.P. Declares Quarterly Distribution for Second Quarter 2014, Payable on August 11, 2014; to Complete Phase 2 of the South Texas Crude Oil Pipeline Expansion

NuStar Energy L.P. announced that its board of directors has declared a second quarter 2014 distribution of $1.095 per unit. The second quarter 2014 distribution will be paid on August 11, 2014, to holders of record as of August 6, 2014. The company announced that phase 2 of the South Texas Crude Oil Pipeline expansion is expected to come on line during the first quarter of 2015 and will allow for increased throughputs of up to 65,000 barrels per day.

NuStar Energy L.P. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

NuStar Energy L.P. reported unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $749,745,000 against $902,014,000 a year ago. Operating income was $89,354,000 against $76,972,000 a year ago. Income from continuing operations before income tax expense was $59,052,000 against $39,603,000 a year ago. Income from continuing operations was $57,187,000 against $34,712,000 a year ago. Net income was $55,399,000 against $32,969,000 a year ago. Net income applicable to limited partners was $43,599,000 or $0.58 earnings per unit against $21,619,000 or $0.30 earnings per unit a year ago. EBITDA from continuing operations was $140,110,000 against $114,336,000 a year ago. For the six months, the company reported total revenues of $1,598,958,000 against $1,900,200,000 a year ago. Operating income was $170,457,000 against $140,330,000 a year ago. Income from continuing operations before income tax expense was $106,165,000 against $62,293,000 a year ago. Income from continuing operations was $100,183,000 against $54,311,000 a year ago. Net income was $95,036,000 against $57,373,000 a year ago. Net income applicable to limited partners was $71,743,000 or $0.98 earnings per unit against $34,887,000 or $0.40 earnings per unit a year ago. EBITDA from continuing operations was $266,815,000 against $208,458,000 a year ago. The company’s year-end debt balance was $2.7 billion. For the quarter, the company reported total throughput of 948,513 (barrels/day) against 810,513 (barrels/day) a year ago. For the six months, the company reported total throughput of 890,772 (barrels/day) against 816,467 (barrels/day) a year ago. For the third quarter, the company reported EPU and EBITDA results coverage ratio should exceed last year's third quarter results. Similar to the second quarter, third quarter EBITDA results in pipeline, storage and fuels marketing segments are all expected to be higher than last year's third quarter. During the third quarter, the company expects depreciation and amortization expense around $46 million to $47 million and interest expense in the range of $32 million to $33 million. Based on these projections, third quarter earnings per unit should be $0.55 to $0.65 per unit, while distributable cash flow from continuing operations; per limited partner unit should be in the range of $1.05 to $1.15 per unit. For the full year 2014, the company still expecting pipeline segment EBITDA to be $40 million to $60 million higher than 2013 and storage segment adjusted EBITDA to be comparable to 2013. However, the company now expects fuels marketing segment to generate EBITDA in the range of $20 million to $30 million. Based on these projections, the company expects to cover distributions for the full year 2014. Spending is now expected to be in the range of $330 million to $350 million, the majority of which will be spent on projects in pipeline segment. 2014 reliability capital spending guidance is still projected to be in the range of $35 million to $45 million. Although based on actual expenditures to date, the company anticipates its full year spending will be at the lower end of that range.

NuStar Energy L.P. to Report Q2, 2014 Results on Jul 25, 2014

NuStar Energy L.P. announced that they will report Q2, 2014 results at 1:20 PM, GMT Standard Time on Jul 25, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NS:US $65.94 USD +1.45

NS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AmeriGas Partners LP $45.62 USD +0.19
DCP Midstream Partners LP $54.45 USD +0.53
Denbury Resources Inc $15.03 USD -0.30
Genesis Energy LP $52.64 USD +1.54
Newfield Exploration Co $37.07 USD -1.67
View Industry Companies
 

Industry Analysis

NS

Industry Average

Valuation NS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.6x
Price/Book 2.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NUSTAR ENERGY LP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.