NS - Earnings announcements

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 fourth quarter of 2022 also included a $0.31 per unit premium related to the repurchase of a portion of the Series D preferred units. Ex

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 $1.6 billion 364-day bridge term loan to refinance NuStar's Series A, B and C Preferred Units, Subordinated Notes, Revolving Cred

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 https://edge.media-server.com/mmc/p/ix273q3o. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BIee1568b1e27845da9c4719be0beac3c5. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/ix

Redemption of Series D Preferred Units Completed Two Years Ahead of Original Schedule Pipeline Segment's Operating Income Up 14 Percent Quarter-Over-Quarter Fuels Marketing Segment Reports Another Near-Record Quarter NuStar Receives Credit Rating Upgrade Due to Strengthened Balance Sheet Positive Outlook for Remainder of 2023 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.

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 will be paid on December 15, 2023 to holders of record as of December 1, 2023. A conference call with management is scheduled for

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 https://edge.media-server.com/mmc/p/3v3uhf8c. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI746f2c67e6c944c4a6e919ede872ff79. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/3v3u

Balance Sheet Continues to Strengthen with Repurchase of More Series D Preferred Units Pipeline Segment's Operating Income Up Seven Percent Quarter-Over-Quarter Fuels Marketing Segment Reports Another Strong Quarter West Coast Region's Revenues Up Approximately 30 Percent Quarter-Over-Quarter Positive Outlook for Remainder of 2023 NuStar Energy L.P. (NYSE:NS) today announced solid results for the second quarter of 2023 fueled by strong volumes in its refined products and Ammonia pipelines. "I am pleased to report that we have delivered another quarter of positive results, and we are on track to achieve all of our strategic priorities this year," said NuStar Chairman and CEO Brad

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a second quarter 2023 common unit distribution of $0.40 per unit. The second quarter common unit distribution will be paid on August 14, 2023 to holders of record as of August 8, 2023. NuStar Energy L.P.'s Board of Directors also declared a second quarter 2023 Series A preferred unit distribution of $0.76715 per unit, a Series B preferred unit distribution of $0.69696 per unit and a Series C preferred unit distribution of $0.77428 per unit. The preferred unit distributions will be paid on September 15, 2023 to holders of record as of September 1, 2023. A conference call with management is scheduled for

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, August 3, 2023 at 9:00 a.m. Central Time to discuss the second quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/hu7hrnep. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI2ecc56df0e114ea58ced5740b23a1940. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/hu7hr

Net Income, EPU, EBITDA and DCF All Up Quarter-Over-Quarter as Operations Continue to Perform Well Pipeline Segment Operating Income Up 25 Percent West Coast Region's Revenues Up 33 Percent Compared to 1Q 2022 Balance Sheet Continues to Strengthen as Planned Redemption of Series D Preferred Units is Two Years Ahead of Schedule Positive Outlook for Remainder of 2023 Highlights New Ammonia Contract/Outlines Emerging Ammonia Market Opportunities NuStar Energy L.P. (NYSE:NS) today announced strong results for the first quarter of 2023 fueled by strong volumes in its refined products and crude oil pipelines. "I am pleased to report another strong quarter of financial results where

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a first quarter 2023 common unit distribution of $0.40 per unit. The first quarter common unit distribution will be paid on May 12, 2023 to holders of record as of May 8, 2023. NuStar Energy L.P.'s Board of Directors also declared a first quarter 2023 Series A preferred unit distribution of $0.73169 per unit, a Series B preferred unit distribution of $0.66150 per unit and a Series C preferred unit distribution of $0.73881 per unit. The preferred unit distributions will be paid on June 15, 2023 to holders of record as of June 1, 2023. A conference call with management is scheduled for 9:00 a.m. CT on Th

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, May 4, 2023 at 9:00 a.m. Central Time to discuss the first quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/fnk2v7x2. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI3c790e56797c443d95909ed3a22b5f52. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/fnk2v7x2.

Highest Fourth Quarter Net Income and Adjusted EBITDA in Company History Permian Crude System Volumes Hit Record-Breaking Average of 584,000 Barrels Per Day/13 Percent Above 4Q 2021 Operations Performing Well Across all Systems Fuels Marketing Segment Up Almost $23 Million Year-Over-Year Optimization Initiative a Huge Success Encouraging 2023 Full-Year Outlook NuStar Energy L.P. (NYSE:NS) today announced its highest fourth quarter net income and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the company's history, along with strong full-year 2022 results fueled by record-breaking volumes in its Permian Crude System and strong performance in its Fue

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a fourth quarter 2022 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 14, 2023 to holders of record as of February 8, 2023. NuStar Energy L.P.'s Board of Directors also declared a fourth quarter 2022 Series A preferred unit distribution of $0.71889 per unit, a Series B preferred unit distribution of $0.64871 per unit and a Series C preferred unit distribution of $0.72602 per unit. The preferred unit distributions will be paid on March 15, 2023 to holders of record as of March 1, 2023. A conference call with management is scheduled for 10:00

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Wednesday, February 1, 2023 at 10:00 a.m. Central Time to discuss the fourth quarter 2022 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/bgpdnpyj. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI757a142163514824bfe28118ca3c0731. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/b

Permian Crude System Volumes Hit Record-Breaking Average of 580,000 Barrels Per Day/Expect to Exit 2022 at Approximately 600,000 Barrels Per Day Refined Product Volumes Still Tracking at Pre-Pandemic Levels West Coast Renewable Fuels Network Continues to Grow with Two New Renewable Fuel Projects Debt Metrics Continue to Improve Significantly Full-Year Guidance/Positive Update on Optimization Initiative NuStar Energy L.P. (NYSE:NS) today announced solid results for the third quarter of 2022 fueled by record-breaking volumes in its Permian Crude System. NuStar reported net income of $60 million for the third quarter of 2022, or $0.20 per unit, compared to a net loss of $125 million, or

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a third quarter 2022 common unit distribution of $0.40 per unit. The third quarter common unit distribution will be paid on November 14, 2022 to holders of record as of November 7, 2022. NuStar Energy L.P.'s Board of Directors also declared a third quarter 2022 Series A preferred unit distribution of $0.64059 per unit, a Series B preferred unit distribution of $0.57040 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on December 15, 2022 to holders of record as of December 1, 2022. A conference call with management is scheduled for 9:

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, November 3, 2022 at 9:00 a.m. Central Time to discuss the third quarter 2022 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/cignyz9w. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI1554769b53db4165b0ca04dc6997524b. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/cign

Permian Crude System Volumes Hit Record-Breaking Average of 522,000 Barrels Per Day/Expect to Exit 2022 between 560,000 to 570,000 Barrels Per Day Refined Product Volumes Continue to Track at Pre-Pandemic Levels West Coast Renewable Fuels Network Continues to Grow with Two More Projects in Service Contract with Trafigura for Services on Corpus Christi Crude System Extended to December 2024 Lower Debt Balances Result in Significant Improvement to Debt Metrics NuStar Energy L.P. (NYSE:NS) today announced solid results for the second quarter of 2022 fueled by strong volumes in its Permian Crude System. NuStar reported net income of $59 million for the second quarter of 2022, or $0.20 per

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a second quarter 2022 common unit distribution of $0.40 per unit. The second quarter common unit distribution will be paid on August 12, 2022 to holders of record as of August 8, 2022. NuStar Energy L.P.'s Board of Directors also declared a second quarter 2022 Series A preferred unit distribution of $0.54808 per unit, a Series B preferred unit distribution of $0.47789 per unit and a Series C preferred unit distribution of $0.56250 per unit. The preferred unit distributions will be paid on September 15, 2022 to holders of record as of September 1, 2022. A conference call with management is scheduled for 9

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, August 4, 2022 at 9:00 a.m. Central Time to discuss the second quarter 2022 earnings results, which will be released earlier that day. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI551c68c87b4e4d8db8b4cef5569668c5. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/n66bhyhc. A recorded version will be available under the same link two hours after the conclusion of the conference call. The conference call ma

Permian Crude System Volumes Remain Strong/Expect to Exit 2022 between 560,000 to 570,000 Barrels Per Day Both Crude and Refined Product Pipeline Throughputs Up Quarter-Over-Quarter as Demand Continues to Strengthen Solid Quarterly Performance Across Business Updated 2022 Capital Outlook NuStar Energy L.P. (NYSE:NS) today announced solid results for the first quarter of 2022 fueled by strong volumes in its Permian Crude System and its refined products and crude oil pipelines. "I am pleased to report that we have once again delivered solid results that demonstrate the strength and resilience of our assets," said NuStar President and CEO Brad Barron. Last Friday, NuStar closed on its di

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a first quarter 2022 common unit distribution of $0.40 per unit. The first quarter common unit distribution will be paid on May 13, 2022 to holders of record as of May 9, 2022. NuStar Energy L.P.'s Board of Directors also declared a first quarter 2022 Series A preferred unit distribution of $0.47817 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 15, 2022 to holders of record as of June 1, 2022. A conference call with management is scheduled for 9:00 a.m. CT on Thur

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, May 5, 2022 at 9:00 a.m. Central Time to discuss the first quarter 2022 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 4754807. International callers may access the conference call by dialing 661/378-9931, reservation passcode 4754807. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 4754807. International callers may access the playback by dialing 404/537-3406, reservation passcode 47

Net Income and Both Crude and Product Pipeline Throughputs Up Quarter-Over-Quarter and Year-Over-Year as Refined Product Demand Continues to Strengthen Permian Crude System Volumes Hit Record-Breaking Average of 516,000 Barrels Per Day/Exited 2021 at 520,000 Barrels Per Day Extends Maturity of its $1 Billion Unsecured Revolving Credit Facility to 2025 Encouraging 2022 Full-Year Outlook Expects to Continue to Self-fund all Spending from Internally Generated Cash Flows NuStar Energy L.P. (NYSE:NS) today announced solid fourth quarter and full-year 2021 results fueled by strong throughputs on its refined products and crude oil pipelines. "Looking back over 2021, I am very proud of the pr

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a fourth quarter 2021 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 14, 2022 to holders of record as of February 8, 2022. NuStar Energy L.P.'s Board of Directors also declared a fourth quarter 2021 Series A preferred unit distribution of $0.43606 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, 2022 to holders of record as of March 1, 2022. A conference call with management is scheduled for 9:00

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, February 3, 2022 at 9:00 a.m. Central Time to discuss the fourth quarter 2021 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 3315309. International callers may access the conference call by dialing 661/378-9931, reservation passcode 3315309. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 3315309. International callers may access the playback by dialing 404/537-3406, reservation passc

Completes Sale of Eastern U.S. Terminals; Proceeds Improve Leverage with Year-end Debt-to-EBITDA Ratio Target Below 4.0 Times Expects to Self-fund all Spending from Internally Generated Cash Flows for 2021, 2022 and Beyond Reports Comparable Quarter-Over-Quarter Results Refined Product Systems Maintain 105 Percent of Pre-Pandemic Run Rate Permian Crude System Volumes Hit Record-Breaking Average of 502,000 Barrels Per Day/On Track to Exit 2021 at Around 514,000 Barrels Per Day 2021 Full-Year Outlook Higher Than Previous Expectations Sustainability Report Released NuStar Energy L.P. (NYSE:NS) today announced solid third quarter of 2021 results fueled by strong throughputs on its refine

DALLAS, Nov. 3, 2021 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("SUN" or the "Partnership") today reported financial and operating results for the three-month period ended September 30, 2021. Financial and Operational Highlights For the three months ended September 30, 2021, net income was $104 million versus net income of $100 million in the third quarter of 2020.   Adjusted EBITDA(1) for the quarter was $198 million compared with $189 million in the third quarter of 2020. The increase in Adjusted EBITDA(1) reflects higher reported fuel volume and non motor fuel gross profit parti

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a third quarter 2021 common unit distribution of $0.40 per unit. The third quarter common unit distribution will be paid on November 12, 2021 to holders of record as of November 8, 2021. NuStar Energy L.P.'s Board of Directors also declared a third quarter 2021 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 15, 2021 to holders of record as of December 1, 2021. A conference call with management is scheduled for 10

NuStar Energy L.P. (NYSE:NS) today announced that it will host a conference call on Thursday, November 4, 2021 at 10:00 a.m. Central Time to discuss the third quarter 2021 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 9989773. International callers may access the conference call by dialing 661/378-9931, reservation passcode 9989773. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 9989773. International callers may access the playback by dialing 404/537-3406, reservation passc

Earnings and EBITDA Beats Consensus Estimates Sustainability Presentation Released Refined Product Systems Exceed 100 Percent of Pre-Pandemic Run Rate Permian Crude System Volumes Average 481,000 Barrels Per Day in July/On Track to Exit 2021 at Around 500,000 West Coast Renewable Fuels Distribution System Continues to Handle Roughly 30 Percent of California's Renewable Diesel Volumes Announces Sale of Nine Terminals to Sunoco LP which will Improve Debt Metrics/Lower Leverage NuStar Energy L.P. (NYSE:NS) today reported net income of $63 million for the second quarter of 2021, or $0.25 per unit, compared to net income of $30 million, or a $0.06 net loss per unit for the second quarter o

NuStar Energy L.P. (NYSE:NS) today announced that its Board of Directors has declared a second quarter 2021 common unit distribution of $0.40 per unit. The second quarter common unit distribution will be paid on August 12, 2021 to holders of record as of August 6, 2021. NuStar Energy L.P.'s Board of Directors also declared a second quarter 2021 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 15, 2021 to holders of record as of September 1, 2021. A conference call with management is scheduled for 9