Sunoco to Buy NuStar Energy in $7.3 Billion Deal
NuStar Energy
NuStar Energy is a company. It is located in San Antonio, the United States and was founded in 2001. The company is part of the Energy sector, specifically in the Oil, Gas & Consumable Fuels industry.
Key facts
- city: San Antonio
- state: TX
- country: United States
- sector: Energy
- industry: Oil, Gas & Consumable Fuels
- foundation year: 2001
- CEO: Bradley C. Barron
- CEO gender: Male
Classified as: organization
Business
NuStar Energy is one of the companies in the United States, companies in Oil, Gas & Consumable Fuels, companies in Energy and 3,550,070 companies in our database.
- Assets: 5.2B $
- Debt: 3.2B $
- Employees: 1,267 people
- Free cash flow: 214M $
- Market cap: 927.9M $
- Profits: 38.2M $
- Revenues: 1.7B $
Stocks from NuStar Energy:
Talking Points:
- NuStar Energy - NuStarInternet
- NuStar Energy L.P., a publicly traded master limited partnership, is one of the largest independent liquids terminal and pipeline operators in the nation.
- NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has 8643 miles of pipeline and 87 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids.
- NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined products, crude oil, and anhydrous ammonia. The Storage segment owns terminal and storage facilities, which offer storage, handling, and other services for petroleum products, crude oil, specialty chemicals, renewable fuels, and other liquids; and pilotage, tug assistance, line handling, launch, emergency response, and other ship services. The Fuels Marketing segment is involved in bunkering operations in the Gulf Coast; blending operations; and purchase of petroleum products for resale. As of December 31, 2021, it had 3,205 miles of refined product pipelines and 2,230 miles of crude oil pipelines in Texas, Oklahoma, Kansas, Colorado, and New Mexico; a 2,050-mile refined product pipeline originating in southern Kansas and terminating at Jamestown, North Dakota; a 450-mile refined product pipeline originating at Marathon Petroleum Corporation's Mandan, North Dakota refinery and terminating in Minneapolis, Minnesota; a 2,000-mile anhydrous ammonia pipeline; and 29 terminal and storage facilities, which offer approximately 44.2 million barrels of storage capacity. The company was incorporated in 1999 and is headquartered in San Antonio, Texas.
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