reports
Moody's Ratings withdraws NuStar Energy L.P.'s ratings; NuStar Logisti...
Moody's Ratings (Moody's) has withdrawn all ratings at NuStar Energy L.P. (NuStar Energy), including its Ba1 Corporate Family Rating (CFR) and Ba1-PD Probability of Default Rating (PDR), and changed the outlook to rating withdrawn from stable. The Ba1 senior unsecured notes ratings at NuStar Logisti...
Sunoco LP and NuStar Energy L.P. Announce NuStar’s Unitholder Approval...
DALLAS--(BUSINESS WIRE)-- Sunoco LP (NYSE: SUN) (“Sunoco” or “SUN”) and NuStar Energy L.P. (NYSE: NS) (“NuStar” or “NS”) announced the approval by NuStar unitholders of the previously announced merger, pursuant to which NuStar will merge with and into a merger subsidiary of Sunoco. This press release features multimedia. View the full release here: NuStar’s Special Meeting was held at 9:00 a.m. Central Time on May 1, 2024. According to preliminary results of the Special Meeting, approximately 69% of the outstanding common units of NuStar voted in favor of the transaction. NuStar will disclos...
NuStar Energy L.P. Declares Conditional Special Distribution
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that the board of directors of NuStar GP, LLC, the general partner of its general partner, has declared a special distribution of $0.212 per NuStar Energy L.P. common unit (the “special distribution”), to be paid on May 2, 2024 to holders of record of NuStar Energy L.P. common units as of April 26, 2024. Payment of the special distribution is subject to and conditioned upon holders of NuStar Energy L.P.’s common units approving its previously announced acquisition by Sunoco LP (NYSE: SUN) at NuStar Energy L.P.’s speci...
Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rod...
DALLAS--(BUSINESS WIRE)-- Sunoco LP (NYSE: SUN) (“Sunoco” or “SUN”) and NuStar Energy L.P. (NYSE: NS) (“NuStar” or “NS”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”), in connection with Sunoco’s pending acquisition of NuStar. The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction. A NuStar unitholder vote is scheduled for May 1, 2024 at 9:00 am Central Time. The details of the NuStar Special Meeting, including the terms of t...
NuStar Energy L.P.’s Common Unit 2023 Schedule K-1 Tax Packages Now Av...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that the 2023 tax packages for common units, which include the Schedule K-1’s, are available online at in the Investors section of the website. The partnership expects to begin mailing the 2023 tax packages the week of March 18, 2024. For additional information, NuStar Energy L.P. unitholders may call K-1 Tax Package Support toll free at (800) 310-6595 for common units, weekdays between 8 a.m. and 5 p.m. CT. The 2023 tax packages for preferred units, which include the Schedule K-1’s for Series A, Series B and Serie...
NuStar Energy L.P.’s Preferred Unit 2023 Schedule K-1 Tax Packages Now...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that the 2023 tax packages for preferred units, which include the Schedule K-1’s for Series A, Series B and Series C preferred units, are available online at in the Investors section of the website. The partnership expects to begin mailing the 2023 tax packages on March 6, 2024. For additional information, NuStar Energy L.P. unitholders may call K-1 Tax Package Support toll free at (844) 364-7560 for Series A, Series B and Series C preferred units, weekdays between 8 a.m. and 5 p.m. CT. As discussed in the press re...
NuStar Energy L.P.’s Update on Availability of 2023 Schedule K-1
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today provided an update on the expected availability of the Partnership’s 2023 tax packages, which include the Schedule K-1 for common units. Historically, NuStar’s tax packages have been available by the beginning of March for the preceding tax year; however, the timing of the availability of NuStar’s 2023 tax packages is dependent upon actions of the U.S. Congress and the Biden administration with regard to the passage, or not, of the recently proposed H.R. 7024 legislation that includes changes in tax law which would be applied...
NuStar Energy L.P. Reports Solid Fourth Quarter and Full-Year 2023 Ear...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced solid results for the fourth quarter and full-year 2023 fueled by strong revenues and volumes in its refined products pipelines and strong performance in its Fuels Marketing Segment. NuStar reported net income of $70 million for the fourth quarter of 2023, or $0.37 per unit, compared to net income of $92 million, or $0.18 per unit, for the fourth quarter of 2022. Results for the fourth quarter of 2022 include a gain from insurance proceeds to rebuild tanks at its Selby terminal. Earnings per unit (EPU) for the fourt...
NuStar Energy L.P. Declares Fourth Quarter 2023 Common Unit Distributi...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a fourth quarter 2023 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 13, 2024 to holders of record as of February 7, 2024. NuStar Energy L.P.’s Board of Directors also declared a fourth quarter 2023 Series A preferred unit distribution of $0.77533 per unit, a Series B preferred unit distribution of $0.70515 per unit and a Series C preferred unit distribution of $0.78246 per unit. The preferred unit distribution...
Sunoco LP to Acquire NuStar Energy L.P. in Transaction Valued at $7.3 ...
DALLAS--(BUSINESS WIRE)-- Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. (NYSE: NS) (“NuStar”) announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. Transaction Details Under the terms of the agreement, NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit, implying a 24% premium based on the 30-day VWAP’s of both NuStar and Sunoco as of January 19, 2024. Sunoco has secured a $1...
NuStar Energy L.P. to Announce Fourth Quarter 2023 Earnings Results on...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, February 15, 2024 at 9:00 a.m. Central Time to discuss the fourth quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at . Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at . A recorded version will be available two hours after the conclusion of the conference call at . The conference cal...
NuStar to Participate in Upcoming Investor Conferences
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the following upcoming events: Mizuho Power, Energy & Infrastructure Conference on December 5, 2023; and Wells Fargo 22nd Annual Midstream & Utilities Symposium on December 6, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 12:00 p.m. Eastern Time, Tuesday, December 5, 2023. NuStar Energy L.P., a publicly traded master limited partnership based in San Anto...
NuStar Energy L.P. Reports Solid Third Quarter 2023 Earnings Results
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced solid results for the third quarter of 2023 fueled by strong volumes in its refined products pipelines. “I am pleased to report that we have delivered another quarter of solid earnings results and made significant progress on all of our strategic initiatives this year,” said NuStar Chairman and CEO Brad Barron. “One of our top stated priorities for 2023 has been to continue to strengthen our balance sheet, and I am very proud to say that we made a huge step forward in that regard,” Barron said. “In August, we succ...
NuStar Energy L.P. Declares Third Quarter 2023 Common Unit Distributio...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a third quarter 2023 common unit distribution of $0.40 per unit. The third quarter common unit distribution will be paid on November 14, 2023 to holders of record as of November 7, 2023. NuStar Energy L.P.’s Board of Directors also declared a third quarter 2023 Series A preferred unit distribution of $0.77736 per unit, a Series B preferred unit distribution of $0.70717 per unit and a Series C preferred unit distribution of $0.78448 per unit. The preferred unit distributions w...
NuStar Energy L.P. to Announce Third Quarter 2023 Earnings Results on ...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, November 2, 2023 at 9:00 a.m. Central Time to discuss the third quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at . Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at . A recorded version will be available two hours after the conclusion of the conference call at . The conference call ...
NuStar to Participate in Upcoming Investor Events
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the following upcoming events: Raymond James’ Virtual Energy Supply Chain event on Tuesday, September 19, 2023; and Pickering Energy Partners’ TE&MFest on Thursday, September 21, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 10:00 a.m. Eastern Time, Tuesday, September 19, 2023. NuStar Energy L.P., a publicly traded master limited partnership based in San...
NuStar Recognized on Newsweek’s “World’s Most Trustworthy Companies 20...
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) announced today that it has been recognized on Newsweek’s inaugural list of the “World’s Most Trustworthy Companies 2023.” NuStar was one of only two San Antonio companies to make the list. Earlier this year, NuStar was also named on Newsweek’s list of “America’s Most Trustworthy Companies 2023,” and recognized for the 13th time as one of the “100 Best Companies to Work For” by Great Place to Work and Fortune Media. This prestigious honor is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry-r...
NuStar to Participate in the Barclays CEO Energy-Power Conference
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the Barclays CEO Energy-Power Conference on Wednesday, September 6, 2023 and Thursday, September 7, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Wednesday, September 6, 2023. NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operato...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.