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Stock impact report

NuStar Energy L.P. Reports Solid First Quarter of 2022 Earnings Results

Nustar Energy L.P. Common Units (NS) 
Last nustar energy l.p. common units earnings: 2/5 06:45 am Check Earnings Report
Company Research Source: Business Wire
Permian Crude System Volumes Remain Strong/Expect to Exit 2022 between 560,000 to 570,000 Barrels Per DayBoth Crude and Refined Product Pipeline Throughputs Up Quarter-Over-Quarter as Demand Continues to StrengthenSolid Quarterly Performance Across BusinessUpdated 2022 Capital Outlook SAN ANTONIO--(BUSINESS WIRE)--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 divestiture of the Point Tupper terminal facility in Canada for $60 million in proceeds, which it plans to utilize to build its financial flexibility and strengthen its balance sheet. Barron noted that the quarter’s results include a non-cash charge related to this divestiture.“ Show less Read more
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