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	<title>Stock Blog Hub &#187; NS</title>
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	<description>Start Your Investing Research Here!</description>
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		<title>(NS) NuStar Energy L.P. and Velocity in Eagle Ford Deal</title>
		<link>http://www.stockbloghub.com/2011/06/29/ns-nustar-energy-l-p-and-velocity-in-eagle-ford-deal/77760</link>
		<comments>http://www.stockbloghub.com/2011/06/29/ns-nustar-energy-l-p-and-velocity-in-eagle-ford-deal/77760#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:57:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[DEP]]></category>
		<category><![CDATA[Duncan Energy Partners LP]]></category>
		<category><![CDATA[EEP]]></category>
		<category><![CDATA[Enbridge Energy Partners LP]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77760</guid>
		<description><![CDATA[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&#8217;s Gardendale hub to NuStar&#8217;s terminal facility in North Beach Corpus Christi, Texas. As per the deal between NuStar Logistics L.P. and Velocity, the later will develop and operate the new 70-mile, 12-inch diameter pipeline with a capacity to transport more than 100,000 barrels per day of condensate from Gardendale, Texas to NuStar’s new Oakville Storage Facility near Three Rivers, Texas. This storage facility, now under construction, will in turn be linked with NuStar’s existing 16-inch 200,000 barrels per day pipeline running to its Corpus Christi North Beach Terminal. Both ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(NS) NuStar Energy Quarterly Profit Soars</title>
		<link>http://www.stockbloghub.com/2011/05/03/ns-nustar-energy-quarterly-profit-soars/73146</link>
		<comments>http://www.stockbloghub.com/2011/05/03/ns-nustar-energy-quarterly-profit-soars/73146#comments</comments>
		<pubDate>Wed, 04 May 2011 01:49:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>
		<category><![CDATA[TC Pipelines LP]]></category>
		<category><![CDATA[TCLP]]></category>
		<category><![CDATA[Williams Partners L.P.]]></category>
		<category><![CDATA[WPZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73146</guid>
		<description><![CDATA[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 earnings per unit (EPU) of 40 cents (excluding the effect of early termination cost and other smaller items), comfortably surpassing the Zacks Consensus Estimate of 33 cents and way above the year-ago profit of 19 cents. Revenue of $1,234.6 million surpassed our expectation of $961 million and was 30.6% above the year-earlier level. Quarterly Distribution NuStar announced a quarterly distribution of $1.075 per unit ($4.30 per unit annualized), representing a 0.9% increase over the year-earlier quarter and equal to the fourth quarter 2010 distribution. The new distribution is payable on May ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/ns-nustar-energy-quarterly-profit-soars/73146/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SE) Spectra Energy Analyst Reiterates Shares at Neutral</title>
		<link>http://www.stockbloghub.com/2011/04/18/se-spectra-energy-analyst-reiterates-shares-at-neutral/71654</link>
		<comments>http://www.stockbloghub.com/2011/04/18/se-spectra-energy-analyst-reiterates-shares-at-neutral/71654#comments</comments>
		<pubDate>Mon, 18 Apr 2011 14:40:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[BPL]]></category>
		<category><![CDATA[Buckeye Partners LP]]></category>
		<category><![CDATA[Energy Transfer Equity L.P.]]></category>
		<category><![CDATA[Energy Transfer Partners L.P.]]></category>
		<category><![CDATA[ETE]]></category>
		<category><![CDATA[ETP]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>
		<category><![CDATA[SE]]></category>
		<category><![CDATA[Spectra Energy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71654</guid>
		<description><![CDATA[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 about the low natural gas price environment. Last quarter, the company reported better-than-expected results owing to solid growth from expansion projects that came online, higher commodity prices and a stronger Canadian dollar. Spectra plans to deploy $1 billion annually through 2015 on fee-based gas infrastructure growth projects, which we expect to meet or beat Spectra’s targeted 10–12% return on capital employed. Notably, with these significant investments, Spectra expects to see annual operating income in the range of $500 million to $600 million. Importantly, the company expects its adjusted earnings guidance to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/18/se-spectra-energy-analyst-reiterates-shares-at-neutral/71654/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NS) NuStar Energy L.P. to Buy Asphalt Holdings&#8217; Assets From Denham Capital</title>
		<link>http://www.stockbloghub.com/2010/05/25/ns-nustar-energy-l-p-to-buy-asphalt-holdings-assets-from-denham-capital/38345</link>
		<comments>http://www.stockbloghub.com/2010/05/25/ns-nustar-energy-l-p-to-buy-asphalt-holdings-assets-from-denham-capital/38345#comments</comments>
		<pubDate>Tue, 25 May 2010 23:06:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38345</guid>
		<description><![CDATA[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 per the deal, Boston-based Denham Capital will sell its stake in Asphalt Holdings Inc. to NuStar. Asphalt Holdings Inc. is engaged in providing receipt, storage and distribution of asphalt and crude oil via marine vessels, barges, tank trucks and rail cars. The assets, located in Alabama, consist of 3 asphalt storage terminals that include 24 storage tanks with a total capacity of approximately 1.8 million barrels. The acquisition will also give NuStar associated rail- and truck-loading facilities, along with 3 docks with barge or ship access. The transaction, which ]]></description>
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		</item>
		<item>
		<title>(NS) NuStar Energy L.P. &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/03/19/ns-nustar-energy-l-p-bear-of-the-day/31270</link>
		<comments>http://www.stockbloghub.com/2010/03/19/ns-nustar-energy-l-p-bear-of-the-day/31270#comments</comments>
		<pubDate>Fri, 19 Mar 2010 22:24:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31270</guid>
		<description><![CDATA[We are downgrading NuStar (NS) units to Underperform from Neutral, reflecting the challenging business environment for pipeline operators. While the partnership&#8217;s liquidity position is sound, we continue to believe that the near- to medium-term outlook for petroleum products expenditure remains weak. Another concern for NuStar is the weak demand for refined products that translates into lower pipeline throughputs. Furthermore, the addition of the asphalt business has increased the partnership s exposure to volatility in commodity prices. Given these headwinds, we expect NuStar units to be under pressure in the near future. Our $56 price objective reflects a target yield of 7.85%, with a distribution run rate of $4.43 per unit (a 4% increase from the current level). Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/19/ns-nustar-energy-l-p-bear-of-the-day/31270/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NS) NuStar Energy L.P. Analyst Downgrades to Underperform</title>
		<link>http://www.stockbloghub.com/2010/03/18/ns-nustar-energy-l-p-analyst-downgrades-to-underperform/30757</link>
		<comments>http://www.stockbloghub.com/2010/03/18/ns-nustar-energy-l-p-analyst-downgrades-to-underperform/30757#comments</comments>
		<pubDate>Thu, 18 Mar 2010 19:14:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30757</guid>
		<description><![CDATA[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, have led to lower spending by consumers and businesses on transportation fuels such as gasoline, aviation fuel and diesel. This translates into less transportation volumes for pipeline operators such as NuStar, eroding its cash flows and distributions. While the partnership’s liquidity position is sound, we continue to believe that the near- to medium-term outlook for petroleum products expenditure remains weak. Another concern for NuStar is the weak demand for refined products that translates into lower pipeline throughputs. To cope with the squeeze in refining margins (on the back of narrow crude oil differentials ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/ns-nustar-energy-l-p-analyst-downgrades-to-underperform/30757/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NS) NuStar Energy L.P. Reports Profit Growth</title>
		<link>http://www.stockbloghub.com/2010/02/01/ns-nustar-energy-l-p-reports-profit-growth/26621</link>
		<comments>http://www.stockbloghub.com/2010/02/01/ns-nustar-energy-l-p-reports-profit-growth/26621#comments</comments>
		<pubDate>Mon, 01 Feb 2010 23:16:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26621</guid>
		<description><![CDATA[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 and the prior-year figure by 4 cents. However, revenues of $982.8 million were down 4.9% from the fourth quarter 2008 level, hurt by lower product sales. NuStar’s quarterly earnings outperformance becomes even more impressive in the context of the recent downward revisions to its fourth-quarter estimates. Earnings estimates were trending down over the last few days, with the quarterly Zacks Consensus Estimate going down by a penny in the last 7 days alone. Overall, one of the 14 analysts covering the stock pulled back on projections during that time, with ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/01/ns-nustar-energy-l-p-reports-profit-growth/26621/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NS) NuStar Energy Closes Public Offering</title>
		<link>http://www.stockbloghub.com/2009/11/16/ns-nustar-energy-closes-public-offering/20687</link>
		<comments>http://www.stockbloghub.com/2009/11/16/ns-nustar-energy-closes-public-offering/20687#comments</comments>
		<pubDate>Tue, 17 Nov 2009 01:17:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NSH]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>
		<category><![CDATA[NuStar GP Holdings]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20687</guid>
		<description><![CDATA[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 the additional common units sold. The partnership expects to use the proceeds of the public offering for general partnership purposes Incorporatedluding potential future acquisitions and growth capital expenditures. Net proceeds include the general partner’s ? NuStar GP Holdings LLC (NSH) ? proportionate capital contribution of $6.15 million. Pending the use of the proceeds for other purposes, the partnership intends to apply some or all of the net proceeds to reduce outstanding borrowings under its revolving credit facility. NuStar Energy L.P. is a publicly traded limited partnership, with 8,417 miles ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/16/ns-nustar-energy-closes-public-offering/20687/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NS) NuStar Energy Beats Expectations &#8211; Raises Distribution</title>
		<link>http://www.stockbloghub.com/2009/11/02/ns-nustar-energy-beats-expectations-raises-distribution/19478</link>
		<comments>http://www.stockbloghub.com/2009/11/02/ns-nustar-energy-beats-expectations-raises-distribution/19478#comments</comments>
		<pubDate>Tue, 03 Nov 2009 04:54:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[NS]]></category>
		<category><![CDATA[NuStar Energy L.P.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19478</guid>
		<description><![CDATA[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 Estimate. However, on a year-over-year basis, NuStar’s earnings per unit plunged more than 60%, while revenue was down 31.5% to $1.3 billion. The negative comparison from the year-ago quarter was due to lower earnings from asphalt operations, hurt by a weaker product margin per barrel. Distribution Raised Importantly, NuStar declared a quarterly distribution of $1.065 per unit ($4.26 per unit annualized), representing an approximately 1% increase over the second quarter of 2009 and the third quarter of 2008. The distribution will be paid on November 12, 2009 to unitholders of record ]]></description>
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