All Posts Tagged With: "NS"
(NS) NuStar Energy L.P. and Velocity in Eagle Ford Deal
A unit of San Antonio-based partnership NuStar Energy L.P. (NS) has signed a letter of intent with an Oklahoma firm – Velocity Midstream Partners – to construct a pipeline system that will carry west Eagle Ford shale oil products from Velocity’s Gardendale hub to NuStar’s...
29Jun2011 | vitalstocks | 0 comments | Continued(NS) NuStar Energy Quarterly Profit Soars
San Antonio-based publicly traded partnership NuStar Energy L.P. (NS) announced strong first quarter results, driven by higher operating income from all three business segments. The owner and operator of crude oil and refined products pipelines and storage facilities reported...
3May2011 | vitalstocks | 0 comments | Continued(SE) Spectra Energy Analyst Reiterates Shares at Neutral
We maintain our Neutral recommendation on Spectra Energy Corporation (SE) given its impressive fourth quarter results, continued organic investments, healthy natural gas liquid (NGL) fundamentals, new prospects as well as a revival in the economy. However, we remain concerned...
18Apr2011 | vitalstocks | 0 comments | Continued(NS) NuStar Energy L.P. to Buy Asphalt Holdings’ Assets From Denham Capital
NuStar Energy L.P. (NS), one of the country’s largest asphalt refiners and marketers and operators of petroleum product terminals and petroleum liquids pipelines, has agreed to acquire certain assets of an energy- and commodities-focused private equity firm for $44.1 million. As...
25May2010 | vitalstocks | 0 comments | Continued(NS) NuStar Energy L.P. – Bear of the Day
We are downgrading NuStar (NS) units to Underperform from Neutral, reflecting the challenging business environment for pipeline operators. While the partnership’s liquidity position is sound, we continue to believe that the near- to medium-term outlook for petroleum products...
19Mar2010 | vitalstocks | 0 comments | Continued(NS) NuStar Energy L.P. Analyst Downgrades to Underperform
We are downgrading NuStar Energy L.P. (NS) units to Underperform from Neutral, reflecting the challenging business environment for pipeline operators. The current economic downturn and the resulting commodity-price weakness, coupled with reduced access to the credit markets,...
18Mar2010 | vitalstocks | 0 comments | Continued(NS) NuStar Energy L.P. Reports Profit Growth
NuStar Energy L.P. (NS), a master limited partnership (MLP), announced better-than-expected fourth quarter results on the strength of higher margins in its asphalt business. The partnership reported earnings per unit (EPU) of 50 cents, topping both the Zacks Consensus Estimate...
1Feb2010 | vitalstocks | 0 comments | Continued(NS) NuStar Energy Closes Public Offering
NuStar Energy L.P. (NS) announced the closing of its 5,750,000 common units of public offering, representing $52.45 per unit limited partner interest. Of this, 750,000 units were sold to underwriters. Total net proceeds from the public offering were $289 million Incorporatedluding...
16Nov2009 | vitalstocks | 0 comments | Continued(NS) NuStar Energy Beats Expectations – Raises Distribution
NuStar Energy L.P. (NS), a master limited partnership (MLP), announced better-than-expected third quarter results on the strength of its fee-based storage and transportation segments. The partnership reported earnings per unit (EPU) of $1.03, 5 cents above the Zacks Consensus...
2Nov2009 | vitalstocks | 0 comments | Continued