Last 7 days
-0.7%
Last 30 days
7.8%
Last 90 days
5.1%
Trailing 12 Months
23.9%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-16 | Perry Amy L. | gifted | - | - | -911 | evp, sd & gen counsel |
2023-02-15 | Wade Suzanne Allford | acquired | - | - | 7,189 | - |
2023-01-26 | Oliver Daniel S. | sold (taxes) | -88,287 | 17.19 | -5,136 | evp-bus dev & engineering |
2023-01-26 | Shoaf Thomas R | acquired | - | - | 16,765 | evp & cfo |
2023-01-26 | del Alamo Jorge A. | acquired | - | - | 6,122 | svp and controller |
2023-01-26 | Shoaf Thomas R | sold (taxes) | -113,540 | 17.19 | -6,605 | evp & cfo |
2023-01-26 | Brown Mary Rose | acquired | - | - | 16,552 | evp & cao |
2023-01-26 | del Alamo Jorge A. | sold (taxes) | -44,917 | 17.19 | -2,613 | svp and controller |
2023-01-26 | Barron Bradley C | sold (taxes) | -465,093 | 17.19 | -27,056 | chairman, ceo & president |
2023-01-26 | Brown Mary Rose | sold (taxes) | -118,009 | 17.19 | -6,865 | evp & cao |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | added | 2.6 | 1,204 | 10,841 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -30.99 | -2,545,000 | 7,900,000 | -% |
2023-08-21 | BOKF, NA | unchanged | - | 33,407 | 381,725 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -20.14 | -71,183 | 499,303 | -% |
2023-08-16 | RESOURCES MANAGEMENT CORP /CT/ /ADV | added | 2,390 | 99,000 | 107,000 | 0.02% |
2023-08-16 | CASTLEARK MANAGEMENT LLC | new | - | 696,741 | 696,741 | 0.03% |
2023-08-16 | Sunbelt Securities, Inc. | added | 27.82 | 4,520 | 15,743 | -% |
2023-08-15 | Front Row Advisors LLC | unchanged | - | 3,000 | 26,000 | 0.01% |
2023-08-15 | First Capital Advisors Group, LLC. | new | - | 6,822 | 6,822 | -% |
2023-08-15 | HARBOUR INVESTMENTS, INC. | unchanged | - | 300 | 3,428 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | alps advisors inc | 13.46% | 14,852,307 | SC 13G/A | |
Feb 13, 2023 | tortoise capital advisors, l.l.c. | 3.7% | 4,031,032 | SC 13G | |
Jan 10, 2023 | invesco ltd. | 18.8% | 20,686,215 | SC 13G/A | |
Nov 22, 2022 | eig nova equity aggregator, l.p. | 9.59% | 11,706,339 | SC 13D/A | |
Feb 11, 2022 | tortoise capital advisors, l.l.c. | 6.6% | 7,224,258 | SC 13G | |
Feb 10, 2022 | invesco ltd. | 13.7% | 14,978,703 | SC 13G/A | |
Feb 03, 2022 | alps advisors inc | 11.75% | 12,872,499 | SC 13G/A | |
Feb 12, 2021 | invesco ltd. | 10.3% | 11,259,769 | SC 13G/A | |
Feb 12, 2021 | tortoise capital advisors, l.l.c. | 5.7% | 6,255,169 | SC 13G/A | |
Feb 09, 2021 | alps advisors inc | 11.40% | 12,448,116 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 19, 2023 | 8-K | Current Report | |
Sep 12, 2023 | 8-K | Current Report | |
Sep 06, 2023 | 8-K | Current Report | |
Aug 22, 2023 | 8-K | Current Report | |
Aug 11, 2023 | 8-K | Current Report | |
Aug 10, 2023 | 424B5 | Prospectus Filed | |
Aug 08, 2023 | 424B3 | Prospectus Filed | |
Aug 04, 2023 | 10-Q | Quarterly Report | |
Aug 03, 2023 | 8-K | Current Report | |
Aug 01, 2023 | 8-K | Current Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ENB | 69.8B | 47.5B | 0.23% | -12.50% | 16.9 | 1.47 | -9.08% | -22.60% |
ET | 40.6B | 80.8B | 6.64% | 27.69% | 8.97 | 1.48 | -1.23% | 0.82% |
KMI | 37.0B | 17.1B | -3.82% | -2.66% | 14.74 | 2.16 | -3.10% | 3.16% |
MPLX | 34.3B | 11.5B | 0.52% | 15.20% | 8.45 | 2.93 | 5.75% | 23.65% |
MMP | 12.8B | 3.5B | 4.83% | 42.31% | 12.39 | 3.78 | 19.66% | 2.99% |
MID-CAP | ||||||||
PAA | 9.4B | 51.2B | 2.87% | 40.67% | 7.41 | 0.17 | -4.81% | 74.39% |
DKL | 2.0B | 1.1B | 5.45% | -12.53% | 13.01 | 1.9 | 42.53% | -0.22% |
HEP | - | 574.6M | 4.12% | 25.83% | - | - | 15.60% | 8.47% |
PAGP | - | 51.2B | 4.01% | 42.50% | - | - | -4.81% | 105.31% |
SMALL-CAP | ||||||||
NS | 1.9B | 308.0M | 7.82% | 23.94% | 8.53 | 8.41 | 145.69% | 7305.10% |
SMLP | - | 384.8M | -4.00% | -12.09% | - | - | -2.94% | 38.53% |
PBFX | 1.2B | - | -5.36% | 88.83% | 8.18 | 3.45 | - | - |
1.2%
-4.6%
-0.4%
24.3%
78.1%
34.6%
30%
Y-axis is the maximum loss one would have experienced if NuStar Energy was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -4.0% | 308,033 | 320,830 | 225,986 | -1,025,499 | -674,217 | -669,626 | 42,113 | 907,477 | 857,723 | 1,132,542 | 1,481,564 | 1,494,616 | 1,510,081 | 1,542,986 | 1,498,021 | 1,472,464 | 1,474,550 | 1,491,361 | 1,520,262 | 1,596,660 | 1,657,084 |
Costs and Expenses | -3.8% | 1,152,296 | 1,197,930 | 1,274,410 | 1,289,567 | 1,479,736 | 1,470,126 | 1,382,046 | 1,348,601 | 1,114,618 | 1,049,969 | 1,272,462 | 1,265,874 | 1,286,411 | 1,318,734 | 1,107,105 | 1,118,921 | 1,131,814 | 1,165,521 | 1,184,534 | 1,034,285 | 1,092,157 |
S&GA Expenses | 3.1% | 122,481 | 118,770 | 117,116 | 116,529 | 116,218 | 115,786 | 113,207 | 109,922 | 108,014 | 104,237 | 102,716 | 101,620 | 103,967 | 105,135 | 107,855 | 107,279 | 105,730 | 107,616 | 100,067 | 97,137 | 95,885 |
EBITDA | - | - | - | - | - | 503,295 | 513,919 | 534,674 | - | - | 275,075 | 293,292 | 346,104 | 485,295 | 475,440 | 661,371 | 585,827 | 589,412 | 596,125 | - | - | - |
EBITDA Margin | - | - | - | - | - | 0.31* | 0.32* | 0.33* | - | - | 0.19* | 0.20* | 0.23* | 0.32* | 0.31* | 0.44* | 0.36* | 0.34* | 0.33* | - | - | - |
Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 172,234 | 176,859 | 166,659 | 170,994 | 188,326 | 183,078 | 190,843 | 184,731 |
Earnings Before Taxes | - | - | - | - | - | - | - | 42,113 | - | - | - | -196,320 | -134,295 | 17,806 | 34,441 | 211,588 | 176,024 | 168,122 | 149,516 | 156,532 | 194,429 | 189,988 |
EBT Margin | - | - | - | - | - | 0.03* | 0.03* | 0.03* | - | - | -0.14* | -0.13* | -0.09* | 0.01* | 0.02* | 0.14* | 0.11* | 0.10* | 0.08* | - | - | - |
Net Income | -4.1% | 303,313 | 316,371 | 222,747 | 188,662 | 4,096 | 8,280 | 38,225 | -3,761 | 24,532 | -9,085 | -198,983 | -136,107 | 8,344 | 24,529 | -105,693 | -181,975 | -181,650 | -198,202 | 205,794 | 228,850 | 219,306 |
Net Income Margin | -100.0% | - | 0.99* | 0.99* | -0.18* | 0.00* | 0.01* | 0.02* | 0.00* | 0.02* | -0.01* | -0.13* | -0.09* | 0.01* | 0.02* | - | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 546,303 | 527,549 | 508,157 | 509,528 | 501,651 | 501,478 | 540,238 | 469,794 | 520,227 | 525,998 | 546,955 | 538,304 | 556,617 | 508,757 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -0.7% | 4,890 | 4,924 | 4,974 | 5,003 | 5,025 | 5,130 | 5,156 | 5,406 | 5,646 | 5,644 | 5,817 | 5,862 | 5,836 | 5,878 | 6,186 | 6,136 | 6,380 | 6,317 | 6,349 | 6,721 | 6,647 |
Current Assets | -4.1% | 167 | 174 | 204 | 190 | 195 | 272 | 185 | 433 | 210 | 183 | 324 | 216 | 179 | 188 | 203 | 188 | 474 | 226 | 747 | 277 | 217 |
Cash Equivalents | -26.0% | 4.00 | 5.00 | 14.00 | 8.00 | 13.00 | 20.00 | 14.00 | 17.00 | 32.00 | 37.00 | 162 | 64.00 | 26.00 | 26.00 | 25.00 | 24.00 | 25.00 | 25.00 | 14.00 | 25.00 | 20.00 |
Inventory | -32.5% | 10.00 | 16.00 | 15.00 | 15.00 | 15.00 | 19.00 | 17.00 | 12.00 | 13.00 | 18.00 | 11.00 | 10.00 | 8.00 | 11.00 | 12.00 | 10.00 | 9.00 | 25.00 | 8.00 | 25.00 | 28.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | 4,074 | 4,091 | 4,106 | 4,119 | 4,075 | 4,021 | 4,144 | 3,775 | 4,485 | 4,460 |
Goodwill | 0% | 732 | 732 | 732 | 732 | 732 | 732 | 732 | 732 | 766 | 766 | 766 | 781 | 781 | 781 | 1,006 | 1,006 | 1,006 | 1,006 | 1,006 | 1,095 | 1,095 |
Liabilities | 7.1% | 3,791 | 3,541 | 3,624 | 3,447 | 3,454 | 3,587 | 3,558 | 3,809 | 3,851 | 3,841 | 3,986 | 3,975 | 3,781 | 3,783 | 3,828 | 3,789 | 3,978 | 3,860 | 3,527 | 3,814 | 3,820 |
Current Liabilities | -14.7% | 182 | 213 | 196 | 237 | 182 | 278 | 215 | 245 | 189 | 225 | 221 | 205 | 188 | 248 | 732 | 730 | 332 | 321 | 323 | 317 | 311 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | - | 4.00 | 5.00 | 15.00 | 10.00 | 16.00 | 10.00 | 9.00 | 19.00 | 11.00 | 63.00 |
Long Term Debt | 6.3% | 3,311 | 3,113 | 3,293 | 3,068 | 3,137 | 3,168 | 3,184 | 3,401 | 3,497 | 3,447 | 3,593 | 3,598 | 3,429 | 3,375 | 2,935 | 2,898 | 3,456 | 3,333 | 3,112 | - | - |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 452 | 453 | - | - | - | - | - |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,112 | 3,377 | 3,380 |
Shareholder's Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,889 | 2,258 | 2,347 | 2,456 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | 2,236 | 2,179 | 2,118 | 2,068 | 2,015 | 1,961 | 1,907 | 1,853 | 2,116 | 2,055 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 2.1% | 558 | 546 | 528 | 508 | 510 | 502 | 501 | 540 | 470 | 520 | 526 | 547 | 538 | 557 | 509 | 536 | 541 | 525 | 544 | 459 | 442 |
Share Based Compensation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.00 | 14.00 | 13.00 | 12.00 | 9.00 | 7.00 |
Cashflow From Investing | -116.5% | -7.48 | 45.00 | -84.36 | 147 | 153 | 81.00 | 76.00 | -74.50 | -84.24 | -72.44 | -98.08 | -248 | -121 | -250 | -319 | -57.33 | -232 | -222 | -153 | -456 | -454 |
Cashflow From Financing | 7.9% | -550 | -597 | -434 | -656 | -682 | -599 | -725 | -514 | -381 | -440 | -291 | -256 | -413 | -301 | -177 | -478 | -303 | -291 | -399 | -10.89 | 3.00 |
Dividend Payments | 0.1% | 177 | 177 | 176 | 176 | 176 | 175 | 175 | 175 | 175 | 175 | 196 | 217 | 238 | 259 | 258 | 258 | 257 | 250 | 301 | 352 | 402 |
Buy Backs | - | - | - | 222 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Impairment loss | $ 0 | $ 0 | $ 0 | $ 46,122 |
General and administrative expenses (excluding depreciation and amortization expense) | 31,620 | 27,909 | 60,345 | 54,980 |
Other depreciation and amortization expense | 1,037 | 1,823 | 2,592 | 3,647 |
Total costs and expenses | 275,464 | 321,098 | 550,421 | 672,535 |
Gain on sale of assets | 0 | 0 | 41,075 | 0 |
Operating income | 102,870 | 109,059 | 262,855 | 167,485 |
Income before income tax expense | 47,333 | 60,130 | 154,456 | 72,409 |
Net income | 46,141 | 59,199 | 152,077 | 71,511 |
Costs and expenses: | ||||
Interest expense, net | (58,170) | (50,941) | (115,541) | (100,759) |
Other income, net | 2,633 | 2,012 | 7,142 | 5,683 |
Income tax expense | $ 1,192 | $ 931 | $ 2,379 | $ 898 |
Basic net income (loss) per common unit (Note 8) | $ (0.20) | $ 0.20 | $ 0.42 | $ (0.02) |
Diluted net income (loss) per common unit (Note 8) | $ (0.20) | $ 0.20 | $ 0.42 | $ (0.02) |
Basic weighted-average common units outstanding | 110,905,471 | 110,306,641 | 110,893,293 | 110,242,201 |
Diluted weighted-average common units outstanding | 110,905,471 | 110,306,641 | 110,893,293 | 110,242,201 |
Comprehensive income | $ 46,149 | $ 100,073 | $ 152,289 | $ 113,317 |
Service [Member] | ||||
Revenues: | ||||
Total revenues | 275,367 | 278,067 | 560,633 | 543,372 |
Costs and expenses: | ||||
Operating expenses (excluding depreciation and amortization expense) | 93,363 | 94,948 | 182,525 | 181,350 |
Depreciation and amortization expense | 62,530 | 62,240 | 124,584 | 125,543 |
Total costs associated with service revenues/Costs associated with product sales | 155,893 | 157,188 | 307,109 | 306,893 |
Product [Member] | ||||
Revenues: | ||||
Total revenues | 102,967 | 152,090 | 211,568 | 296,648 |
Costs and expenses: | ||||
Total costs associated with service revenues/Costs associated with product sales | 86,914 | 134,178 | 180,375 | 260,893 |
Product and Service [Member] | ||||
Revenues: | ||||
Total revenues | $ 378,334 | $ 430,157 | $ 772,201 | $ 840,020 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 3,813 | $ 14,489 |
Accounts receivable, net | 125,116 | 149,971 |
Inventories | 10,477 | 15,397 |
Prepaid and other current assets | 27,548 | 24,067 |
Total current assets | 166,954 | 203,924 |
Property, plant and equipment, at cost | 5,693,440 | 5,733,685 |
Accumulated depreciation and amortization | (2,397,938) | (2,330,602) |
Property, plant and equipment, net | 3,295,502 | 3,403,083 |
Intangible assets, net | 494,880 | 513,696 |
Goodwill | 732,356 | 732,356 |
Other long-term assets, net | 200,723 | 120,627 |
Total assets | 4,890,415 | 4,973,686 |
Current liabilities: | ||
Accounts payable | 64,938 | 67,765 |
Current portion of finance leases | 4,677 | 4,416 |
Accrued interest payable | 38,476 | 37,607 |
Accrued liabilities | 66,168 | 76,072 |
Taxes other than income tax | 7,695 | 10,607 |
Total current liabilities | 181,954 | 196,467 |
Long-term debt, less current portion of finance leases | 3,310,561 | 3,293,415 |
Deferred income tax liability | 3,262 | 3,219 |
Mandatorily redeemable Series D preferred units (Note 6) | 81,229 | 0 |
Other long-term liabilities | 213,828 | 131,299 |
Total liabilities | 3,790,834 | 3,624,400 |
Commitments and contingencies (Note 5) | ||
Series D preferred limited partners (Note 6) | 230,264 | 446,970 |
Partners’ equity (Note 7): | ||
Common limited partners (110,906,500 and 110,818,718 units outstanding as of June 30, 2023 and December 31, 2022, respectively) | 144,409 | 177,620 |
Accumulated other comprehensive loss | (31,393) | (31,605) |
Total partners’ equity | 869,317 | 902,316 |
Total liabilities, mezzanine equity and partners’ equity | 4,890,415 | 4,973,686 |
Series A Preferred Limited Partner [Member] | ||
Partners’ equity (Note 7): | ||
Preferred limited partners | 218,307 | 218,307 |
Series B Preferred Limited Partner [Member] | ||
Partners’ equity (Note 7): | ||
Preferred limited partners | 371,476 | 371,476 |
Series C Preferred Limited Partner [Member] | ||
Partners’ equity (Note 7): | ||
Preferred limited partners | $ 166,518 | $ 166,518 |