NuStar Energy L.P.
NS-PA
New York Stock Exchange24.99
USD
+0.02
- -
CIK
0001110805
ISIN
US67058H2013
CUSIP
67058H201
Return %
Stock
S&P500
1Y
-2.04
26.53
3Y
3.05
76.60
5Y
8.32
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Bradley C. Barron
- Full Time Employees
- 1,184
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- San Antonio DE United States of America
- IPO Date
- Nov 21, 2016
- CIK
- 0001110805
- Website
- nustarenergy.com
- Similar Companies
- Business
- NuStar Energy L.P. (NYSE: NS-PA), a master limited partnership headquartered in San Antonio, Texas, and founded in 2001, operates in the midstream energy sector through its pipeline, storage, and fuels marketing segments, providing transportation, terminalling, and storage services for refined petroleum products including gasoline, distillates, jet fuel, and renewable fuels; crude oil; anhydrous ammonia; natural gas liquids; and specialty chemicals. The partnership owns approximately 9,465 miles of pipelines spanning Texas, Oklahoma, Colorado, New Mexico, the Midwest, and other regions, including the Central West System with 2,920 miles of refined products pipelines connected to Valero Energy refineries and 2,050 miles of crude oil pipelines serving Permian Basin, Eagle Ford Shale, and Corpus Christi export terminals; the Central East System encompassing the 2,045-mile East Pipeline, 450-mile North Pipeline, and 2,000-mile Ammonia Pipeline; and 63 terminal and storage facilities offering 49 million barrels of capacity across the United States, with ancillary services such as tariffs for pipeline throughput on a per-barrel or per-ton basis, storage fees, and petroleum product marketing. In May 2024, Sunoco LP completed its $7.3 billion all-equity acquisition of NuStar, delisting NuStar's common units from the NYSE and integrating its infrastructure into Sunoco's network of over 14,000 pipeline miles and 100 terminals serving fuel distribution in more than 40 U.S. states, Puerto Rico, Mexico, and Europe; this transaction delivers over $150 million in expected expense and commercial synergies, $50 million in annual refinancing cash flow benefits, and immediate accretion to distributable cash flow per unit for Sunoco, following NuStar's prior divestiture of its Point Tupper terminal in 2022 and repurchase of Series D Preferred Units. NuStar's operations target refiners such as Valero Energy and Marathon Petroleum, producers in key shale plays, agricultural users, and industrial customers, generating revenue primarily from long-term throughput agreements, minimum volume commitments, and tariff index adjustments while maintaining wholly owned subsidiaries like NuStar Logistics, L.P. and NuStar Pipeline Operating Partnership L.P. for execution.