Articles from NuStar Energy L.P.

Sunoco LP (NYSESUN) (“Sunoco” or “SUN”) and NuStar Energy L.P. NYSE: NSNYSENS)

NuStar Energy L.P. (NYSENS) today announced that the board of directors of NuStar GP, LLC, the general partner of its general partner, has declared a special distribution of $0.212 per NuStar Energy L.P. common unit (the “special distribution”), to be paid on May 2, 2024 to holders of record of NuStar Energy L.P. common units as of April 26, 2024. Payment of the special distribution is subject to and conditioned upon holders of NuStar Energy L.P.’s common units approving its previously announced acquisition by Sunoco LP NYSE: SUNNYSESUN)

Sunoco LP (NYSESUN) (“Sunoco” or “SUN”) and NuStar Energy L.P. NYSE: NSNYSENS)

NuStar Energy L.P. (NYSENS) today announced that the 2023 tax packages for common units, which include the Schedule K-1’s, are available online at www.nustarenergy.com in the Investors section of the website. The partnership expects to begin mailing the 2023 tax packages the week of March 18, 2024. For additional information, NuStar Energy L.P. unitholders may call K-1 Tax Package Support toll free at (800) 310-6595 for common units, weekdays between 8 a.m. and 5 p.m. CT.

NuStar Energy L.P. (NYSENS) today announced that the 2023 tax packages for preferred units, which include the Schedule K-1’s for Series A, Series B and Series C preferred units, are available online at www.nustarenergy.com in the Investors section of the website. The partnership expects to begin mailing the 2023 tax packages on March 6, 2024. For additional information, NuStar Energy L.P. unitholders may call K-1 Tax Package Support toll free at (844) 364-7560 for Series A, Series B and Series C preferred units, weekdays between 8 a.m. and 5 p.m. CT.

NuStar Energy L.P. (NYSENS) today provided an update on the expected availability of the Partnership’s 2023 tax packages, which include the Schedule K-1 for common units.

NuStar Energy L.P. (NYSENS) today announced solid results for the fourth quarter and full-year 2023 fueled by strong revenues and volumes in its refined products pipelines and strong performance in its Fuels Marketing Segment.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a fourth quarter 2023 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 13, 2024 to holders of record as of February 7, 2024.

Sunoco LP (NYSESUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. NYSE: NSNYSENS)

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, February 15, 2024 at 9:00 a.m. Central Time to discuss the fourth quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/ix273q3o. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BIee1568b1e27845da9c4719be0beac3c5. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/ix273q3o.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the following upcoming events:

NuStar Energy L.P. (NYSENS) today announced solid results for the third quarter of 2023 fueled by strong volumes in its refined products pipelines.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a third quarter 2023 common unit distribution of $0.40 per unit. The third quarter common unit distribution will be paid on November 14, 2023 to holders of record as of November 7, 2023.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, November 2, 2023 at 9:00 a.m. Central Time to discuss the third quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/3v3uhf8c. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI746f2c67e6c944c4a6e919ede872ff79. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/3v3uhf8c.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the following upcoming events:

NuStar Energy L.P. (NYSENS) announced today that it has been recognized on Newsweek’s inaugural list of the “World’s Most Trustworthy Companies 2023.” NuStar was one of only two San Antonio companies to make the list. Earlier this year, NuStar was also named on Newsweek’s list of “America’s Most Trustworthy Companies 2023,” and recognized for the 13th time as one of the “100 Best Companies to Work For” by Great Place to Work and Fortune Media.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the Barclays CEO Energy-Power Conference on Wednesday, September 6, 2023 and Thursday, September 7, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Wednesday, September 6, 2023.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the 2023 Citi One-on-One Midstream / Energy Infrastructure Conference on Tuesday, August 22, 2023 and Wednesday, August 23, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 12:00 p.m. Eastern Time, Tuesday, August 22, 2023.

NuStar Energy L.P. (NYSENS) (the “Partnership”) announced today the pricing of an offering of 13,000,000 common units for gross proceeds of approximately $199.6 million. The Partnership has granted the underwriters a 30-day option to purchase up to 1,950,000 additional common units. The offering is scheduled to close Friday, August 11, 2023. The Partnership intends to use the net proceeds from the offering to redeem outstanding Series D Cumulative Convertible Preferred Units and to pay related fees and expenses. Pending such use, the Partnership intends to repay outstanding borrowings under its revolving credit agreement.

NuStar Energy L.P. (NYSENS) (the “Partnership”) announced today that it plans to conduct an offering of 12,000,000 common units pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”). The Partnership will grant the underwriters a 30-day option to purchase up to 1,800,000 additional common units. The Partnership intends to use the net proceeds from the offering to redeem outstanding Series D Cumulative Convertible Preferred Units and to pay related fees and expenses. Pending such use, the Partnership intends to repay outstanding borrowings under its revolving credit agreement.

NuStar Energy L.P. (NYSENS) today announced solid results for the second quarter of 2023 fueled by strong volumes in its refined products and Ammonia pipelines.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a second quarter 2023 common unit distribution of $0.40 per unit. The second quarter common unit distribution will be paid on August 14, 2023 to holders of record as of August 8, 2023.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, August 3, 2023 at 9:00 a.m. Central Time to discuss the second quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/hu7hrnep. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI2ecc56df0e114ea58ced5740b23a1940. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/hu7hrnep.

NuStar Energy L.P. (NYSENS) announced today that it has been recognized as one of the Best Workplaces in Texas by Great Place To Work® and Fortune Media for 2023. Coming in at #9 on the list, NuStar is one of only two energy companies to earn a ranking and one of only two San Antonio-based companies on the list. Earlier this year, NuStar was also recognized as one of the 100 Best Companies to Work For® by Great Place To Work® and Fortune Media.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 21, 2023 and Thursday, June 22, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Wednesday, June 21, 2023.

NuStar Energy L.P. (NYSENS) today announced that its 2022 Schedule K-3, reflecting items of international tax relevance, is available online. Unitholders requiring this information may access their Schedules K-3 at www.nustarenergy.com in the Investors section of the website.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the 20th Annual Energy Infrastructure CEO & Investor Conference on Tuesday, May 23, 2023 and Wednesday, May 24, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Tuesday, May 23, 2023.

NuStar Energy L.P. (NYSENS) today announced strong results for the first quarter of 2023 fueled by strong volumes in its refined products and crude oil pipelines.

OCI Global (Euronext: OCI) and NuStar Energy L.P. (NYSENS) announced today that their affiliates have entered into an agreement for OCI Global (“OCI”) to transport ammonia on a new segment of NuStar Pipeline Operating Partnership L.P.’s (“NuStar”) Ammonia Pipeline System.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a first quarter 2023 common unit distribution of $0.40 per unit. The first quarter common unit distribution will be paid on May 12, 2023 to holders of record as of May 8, 2023.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, May 4, 2023 at 9:00 a.m. Central Time to discuss the first quarter 2023 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/fnk2v7x2. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI3c790e56797c443d95909ed3a22b5f52. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/fnk2v7x2.

NuStar Energy L.P. (NYSENS) announced today that it has once again been recognized as one of the 100 Best Companies to Work For® by Great Place To Work® and Fortune Media for 2023. NuStar has been named to this prestigious list 13 times, and is the only San Antonio-based company, one of only two energy companies, and one of 10 Texas-based companies on this year’s list.

NuStar Energy L.P. (NYSENS) announced today that it has been recognized on Newsweek’s list of “America’s Most Trustworthy Companies 2023.” NuStar was one of only four San Antonio companies to make the list along with USAA, H-E-B and iHeartMedia.

NuStar Energy L.P. (NYSENS) announced today that for the third consecutive year, the company has been recognized by Latino Leaders Magazine as one of the “Best Companies to Work for Latinos.”

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the Seventh Annual Mizuho Energy Summit on Monday, March 13, 2023 and Tuesday, March 14, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 9:30 a.m. Eastern Time, Monday, March 13, 2023.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the Barclays Select Series: Midstream Corporate Access Day on Monday, February 27, 2023. The materials to be discussed in the meetings will be available on the partnership’s website by 8:30 a.m. Eastern Time, Monday, February 27, 2023.

The board of directors of NuStar Energy L.P. (NYSENS) announced today the election of Suzanne Wade to the board.

NuStar Energy L.P. (NYSENS) today announced its highest fourth quarter net income and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the company’s history, along with strong full-year 2022 results fueled by record-breaking volumes in its Permian Crude System and strong performance in its Fuels Marketing Segment.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a fourth quarter 2022 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 14, 2023 to holders of record as of February 8, 2023.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Wednesday, February 1, 2023 at 10:00 a.m. Central Time to discuss the fourth quarter 2022 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/bgpdnpyj. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI757a142163514824bfe28118ca3c0731. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/bgpdnpyj.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the 2022 Wells Fargo Midstream and Utility Symposium on Wednesday, December 7, 2022 and Thursday, December 8, 2022. The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Wednesday, December 7, 2022.

NuStar Energy L.P. (NYSENS) today announced solid results for the third quarter of 2022 fueled by record-breaking volumes in its Permian Crude System.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a third quarter 2022 common unit distribution of $0.40 per unit. The third quarter common unit distribution will be paid on November 14, 2022 to holders of record as of November 7, 2022.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, November 3, 2022 at 9:00 a.m. Central Time to discuss the third quarter 2022 earnings results, which will be released earlier that day. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/cignyz9w. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI1554769b53db4165b0ca04dc6997524b. A recorded version will be available two hours after the conclusion of the conference call at https://edge.media-server.com/mmc/p/cignyz9w.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the 2022 Citi One-on-One Midstream / Energy Infrastructure Conference on Tuesday, August 16, 2022 and Wednesday, August 17, 2022. The materials to be discussed in the meetings will be available on the partnership’s website by 12:30 p.m. Eastern Time, Tuesday, August 16, 2022.

NuStar Energy L.P. (NYSENS) today announced solid results for the second quarter of 2022 fueled by strong volumes in its Permian Crude System.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a second quarter 2022 common unit distribution of $0.40 per unit. The second quarter common unit distribution will be paid on August 12, 2022 to holders of record as of August 8, 2022.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, August 4, 2022 at 9:00 a.m. Central Time to discuss the second quarter 2022 earnings results, which will be released earlier that day. Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI551c68c87b4e4d8db8b4cef5569668c5. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/n66bhyhc. A recorded version will be available under the same link two hours after the conclusion of the conference call.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the 2022 Energy Infrastructure Council Investor Conference on Monday, May 16, 2022 and Tuesday, May 17, 2022. The materials to be discussed in the meetings will be available on the partnership’s website at 9:30 a.m. Eastern Time, Monday, May 16, 2022.

NuStar Energy L.P. (NYSENS) 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.

NuStar Energy L.P. (NYSENS) announced today that it has closed on the sale of its terminal in Nova Scotia, Canada to EverWind Fuels for $60 million. The 7.8 million-barrel storage terminal is located at Point Tupper on the Strait of Canso, near Port Hawkesbury, Nova Scotia. The companies first announced this sale on February 14, 2022.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a first quarter 2022 common unit distribution of $0.40 per unit. The first quarter common unit distribution will be paid on May 13, 2022 to holders of record as of May 9, 2022.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, May 5, 2022 at 9:00 a.m. Central Time to discuss the first quarter 2022 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 4754807. International callers may access the conference call by dialing 661/378-9931, reservation passcode 4754807. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 4754807. International callers may access the playback by dialing 404/537-3406, reservation passcode 4754807.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in meetings with members of the investment community at the US Capital Advisors Midstream Corporate Access Day on Wednesday, March 30, 2022. The materials to be discussed in the meetings will be available on the partnership’s website at 8:30 a.m. Central Time, Wednesday, March 30, 2022.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in virtual meetings with members of the investment community at the Barclays Select Series: Midstream & Clean Infrastructure Corporate Access Days on Tuesday, March 1, 2022 and Wednesday, March 2, 2022. The materials to be discussed in the meetings will be available on the partnership’s website at 10:30 a.m. Eastern Time, Tuesday, March 1, 2022.

NuStar Energy L.P. (NYSENS) announced today that it has entered into an agreement to sell its terminal in Nova Scotia, Canada to EverWind Fuels for $60 million. The 7.8 million-barrel storage terminal is located at Point Tupper on the Strait of Canso, near Port Hawkesbury, Nova Scotia. The sale is expected to close in the first half of 2022, subject to the satisfaction of customary closing conditions.

NuStar Energy L.P. (NYSENS) today announced solid fourth quarter and full-year 2021 results fueled by strong throughputs on its refined products and crude oil pipelines.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a fourth quarter 2021 common unit distribution of $0.40 per unit. The fourth quarter common unit distribution will be paid on February 14, 2022 to holders of record as of February 8, 2022.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, February 3, 2022 at 9:00 a.m. Central Time to discuss the fourth quarter 2021 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 3315309. International callers may access the conference call by dialing 661/378-9931, reservation passcode 3315309. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 3315309. International callers may access the playback by dialing 404/537-3406, reservation passcode 3315309.

NuStar Energy L.P. (NYSENS) announced today that members of management will participate in virtual meetings with members of the investment community at the 2022 UBS Winter Infrastructure & Energy Conference on Tuesday, January 11, 2022 and Wednesday, January 12, 2022. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Eastern Time, Tuesday, January 11, 2022.

NuStar Energy L.P. (NYSENS) announced today that Brad Barron, President and Chief Executive Officer; Tom Shoaf, Executive Vice President and Chief Financial Officer; Danny Oliver, Executive Vice President of Business Development & Engineering; Amy Perry, Executive Vice President of Strategic Development; Pam Schmidt, Vice President of Investor Relations, and other members of management will participate in virtual meetings with members of the investment community at the 2021 Wells Fargo Midstream, Utility & Renewables Symposium on Wednesday, December 8, 2021 and Thursday, December 9, 2021. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Eastern Time, Wednesday, December 8, 2021.

NuStar Energy L.P. (NYSENS) today announced solid third quarter of 2021 results fueled by strong throughputs on its refined products and crude oil pipelines.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a third quarter 2021 common unit distribution of $0.40 per unit. The third quarter common unit distribution will be paid on November 12, 2021 to holders of record as of November 8, 2021.

NuStar Energy L.P. (NYSENS) announced today that it has closed on the sale of its Eastern U.S. Terminals to Sunoco LP for $250 million. The Eastern U.S. Terminals are comprised of eight terminal locations: Andrews AFB in Washington, D.C.; Baltimore, MD; Blue Island, IL; Jacksonville, FL; Linden, NJ; Paulsboro, NJ; Piney Point, MD; and Virginia Beach, VA. The companies first announced this sale on August 2, 2021.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, November 4, 2021 at 10:00 a.m. Central Time to discuss the third quarter 2021 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 9989773. International callers may access the conference call by dialing 661/378-9931, reservation passcode 9989773. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 9989773. International callers may access the playback by dialing 404/537-3406, reservation passcode 9989773.

The board of directors of NuStar Energy L.P. (NYSENS) announced the retirement of James “Fully” Clingman, Jr., effective October 27, 2021.

NuStar Energy L.P. (NYSENS) announced today that Brad Barron, President and Chief Executive Officer; Tom Shoaf, Executive Vice President and Chief Financial Officer; Danny Oliver, Executive Vice President of Business Development & Engineering; Amy Perry, Executive Vice President of Strategic Development; Pam Schmidt, Vice President of Investor Relations, and other members of management will participate in virtual meetings with members of the investment community at the 2021 Citi One-on-One Midstream / Energy Infrastructure Conference on Wednesday, August 18, 2021 and Thursday, August 19, 2021. The materials to be discussed in the meetings will be available on the partnership’s website at 10:30 a.m. Eastern Time, Wednesday, August 18, 2021.

NuStar Energy L.P. (NYSENS) today reported net income of $63 million for the second quarter of 2021, or $0.25 per unit, compared to net income of $30 million, or a $0.06 net loss per unit for the second quarter of 2020. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $189 million for the second quarter of 2021, up $27 million or 17 percent from $162 million for the second quarter of 2020.

NuStar Energy L.P. (NYSENS) announced today that it has entered into an agreement to sell its storage terminals in the Northeast and one terminal in Florida to Sunoco LP for $250 million. There are eight terminal locations included in the sale: Andrews AFB in Washington, D.C.; Baltimore, MD; Blue Island, IL; Jacksonville, FL; Linden, NJ; Paulsboro, NJ; Piney Point, MD; and Virginia Beach, VA. The sale is expected to close by the beginning of the fourth quarter of 2021, subject to the satisfaction of customary closing conditions.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a second quarter 2021 common unit distribution of $0.40 per unit. The second quarter common unit distribution will be paid on August 12, 2021 to holders of record as of August 6, 2021.

NuStar Energy L.P. (NYSENS) has been honored as one of the 2021 Best Workplaces for Millennials™ by Fortune magazine and Great Place to Work. This is the company’s 5th time to be recognized as one of the top workplaces for millennials in the country.

NuStar Energy L.P. (NYSENS) today announced that it will host a conference call on Thursday, August 5, 2021 at 9:00 a.m. Central Time to discuss the second quarter 2021 earnings results, which will be released earlier that day. The conference call may be accessed by dialing toll-free 844/889-7787, reservation passcode 5176327. International callers may access the conference call by dialing 661/378-9931, reservation passcode 5176327. The partnership intends to have a playback available following the conference call, which may be accessed by dialing toll-free 855/859-2056, reservation passcode 5176327. International callers may access the playback by dialing 404/537-3406, reservation passcode 5176327.

NuStar Energy L.P. (NYSENS) announced today that Brad Barron, President and Chief Executive Officer; Tom Shoaf, Executive Vice President and Chief Financial Officer; Danny Oliver, Executive Vice President of Business Development & Engineering; Amy Perry, Executive Vice President of Strategic Development; Pam Schmidt, Vice President of Investor Relations, and other members of management will participate in virtual meetings with members of the investment community at the 2021 Energy Infrastructure Council Investor Conference on Wednesday, May 19, 2021 and Thursday, May 20, 2021. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Central Time, Wednesday, May 19, 2021.

NuStar Energy L.P. (NYSENS) today reported net income of $42 million for the first quarter of 2021, or $0.05 per unit, compared to a $148 million net loss, or ($1.68) per unit for the first quarter of 2020, which was largely related to a $225 million non-cash goodwill impairment charge when the fair value of NuStar’s crude oil pipelines reporting unit fell below its carrying value as a result of the global pandemic. On an adjusted basis, NuStar reported net income of $77 million, or $0.39 per unit, in the first quarter of 2020.

NuStar Energy L.P. (NYSENS) today announced that its Board of Directors has declared a first quarter 2021 common unit distribution of $0.40 per unit. The first quarter common unit distribution will be paid on May 14, 2021 to holders of record as of May 10, 2021.