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NuStar Energy L.P. - NS STOCK NEWS

Welcome to our dedicated page for NuStar Energy L.P. news (Ticker: NS), a resource for investors and traders seeking the latest updates and insights on NuStar Energy L.P. stock.

NuStar Energy L.P. (NYSE: NS) is a publicly traded master limited partnership headquartered in San Antonio, Texas. Known as one of the largest independent liquids terminal and pipeline operators in the United States, NuStar's extensive network includes approximately 9,500 miles of pipeline and 63 terminal and storage facilities. These facilities are crucial for the storage and distribution of crude oil, refined products, renewable fuels, ammonia, and specialty liquids.

NuStar's infrastructure boasts a combined system with approximately 49 million barrels of storage capacity, and the company operates not only in the United States but also in Mexico. Over the years, NuStar has established a significant footprint in the energy sector, ensuring the smooth transit and storage of essential energy commodities.

As of the latest developments, NuStar is in the process of merging with Sunoco LP (NYSE: SUN). The definitive agreement, valued at approximately $7.3 billion including assumed debt, outlines that each NuStar common unitholder will receive 0.400 Sunoco common units for every NuStar common unit. The merger has been unanimously approved by the boards of both companies and is anticipated to enhance their strategic position in the market. This transaction, which has already secured approval from NuStar unitholders as of May 1, 2024, is expected to close by early May 2024 pending customary regulatory approvals.

NuStar provides critical services to a wide array of customers, ensuring the efficient and reliable movement of energy products. Their operations support both domestic and international markets, underscoring the company's importance in the global energy supply chain. For more detailed and up-to-date information, you can visit their official website and sustainability page.

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NuStar Energy L.P. (NYSE: NS) will host a conference call on May 4, 2023, at 9:00 a.m. Central Time to discuss its first quarter 2023 earnings results, which will be released earlier that same day. Interested participants can access the conference call through a listen-only format or by pre-registering for Q&A participation. NuStar, based in San Antonio, Texas, is a leading independent liquids terminal and pipeline operator in the U.S., managing approximately 9,500 miles of pipeline and 63 terminal and storage facilities. The company has a combined storage capacity of about 49 million barrels and operates in both the U.S. and Mexico.

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NuStar Energy L.P. (NYSE: NS) has been recognized for the third consecutive year by Latino Leaders Magazine as one of the 'Best Companies to Work for Latinos.' This accolade highlights the company's commitment to workplace diversity, emphasizing employee inclusion and appreciation. The selection criteria consider factors like corporate board diversity, Hispanic employee representation, community service engagement, and leadership development initiatives. Chairman and CEO Brad Barron expressed gratitude to employees for their role in fostering an inclusive work environment, which he believes contributes to the company's strength.

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NuStar Energy L.P. (NYSE: NS) will engage with the investment community at the Seventh Annual Mizuho Energy Summit on March 13-14, 2023. Management will present materials available on the company’s website by 9:30 a.m. ET on March 13. Based in San Antonio, Texas, NuStar is a leading independent operator in liquids terminal and pipeline services, boasting approximately 9,500 miles of pipeline and 63 terminal facilities with a storage capacity of 49 million barrels. The company operates across the United States and Mexico.

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NuStar Energy L.P. (NYSE: NS) has announced the availability of its 2022 tax packages, including Schedule K-1 forms for preferred and common units, on its website. The mailing of these tax documents will commence on March 6, 2023. NuStar, based in San Antonio, Texas, operates approximately 9,500 miles of pipeline and 63 terminals, offering services related to crude oil, refined products, and renewable fuels. The partnership's storage capacity totals around 49 million barrels across operations in the U.S. and Mexico.

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NuStar Energy L.P. (NYSE: NS) announced management will engage with the investment community at the Barclays Select Series: Midstream Corporate Access Day on February 27, 2023. Meeting materials will be available on the company's website by 8:30 a.m. Eastern Time that day.

Based in San Antonio, Texas, NuStar is among the largest independent operators of liquids terminals and pipelines in the U.S., with around 9,500 miles of pipeline and 63 terminals. The partnership's system boasts 49 million barrels of storage capacity, serving operations in both the United States and Mexico.

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FAQ

What is the current stock price of NuStar Energy L.P. (NS)?

The current stock price of NuStar Energy L.P. (NS) is $21.96 as of May 2, 2024.

What is the market cap of NuStar Energy L.P. (NS)?

The market cap of NuStar Energy L.P. (NS) is approximately 2.8B.

What does NuStar Energy L.P. do?

NuStar Energy L.P. operates one of the largest independent networks of liquids terminals and pipelines in the U.S., storing and distributing crude oil, refined products, renewable fuels, ammonia, and specialty liquids.

Where is NuStar Energy L.P. headquartered?

NuStar Energy L.P. is headquartered in San Antonio, Texas.

How extensive is NuStar's infrastructure?

NuStar's infrastructure includes approximately 9,500 miles of pipeline and 63 terminal and storage facilities with a combined system storage capacity of around 49 million barrels.

In which regions does NuStar operate?

NuStar operates in the United States and Mexico, with a significant footprint in the energy sector.

What recent merger has NuStar Energy L.P. announced?

NuStar Energy L.P. has entered a definitive agreement to merge with Sunoco LP in a transaction valued at approximately $7.3 billion, including assumed debt.

When is the NuStar-Sunoco merger expected to close?

The NuStar-Sunoco merger is expected to close on or about May 3, 2024, pending the satisfaction of customary closing conditions.

What will NuStar unitholders receive in the merger with Sunoco?

NuStar unitholders will receive 0.400 Sunoco common units for each NuStar common unit.

How can I get more information about the merger details?

Additional details about the merger can be found on the Investor Relations sections of both Sunoco's and NuStar's official websites.

What type of products does NuStar store and distribute?

NuStar stores and distributes crude oil, refined products, renewable fuels, ammonia, and specialty liquids.

How can investors stay informed about NuStar Energy L.P.?

Investors can stay informed by visiting NuStar Energy L.P.'s official website and the Sustainability page for the latest updates and detailed information.

NuStar Energy L.P.

NYSE:NS

NS Rankings

NS Stock Data

2.78B
113.79M
9.99%
63.13%
2.38%
Oil & Gas Midstream
Pipe Lines (no Natural Gas)
Link
United States of America
SAN ANTONIO