Recent Insider Activity: Nustar Energy L.P. $NS

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Nustar Energy L.P. (NYSE:NS) insider have most recently took part in a trading activity. On Aug 23, 2017 Greehey William E, Director bought 6,899 shares having total worth of $266,370 at the price of $38.61 per share, following the transaction a total of 3,454,662 shares owned by Greehey William E. Before this latest buy, Greehey William E purchased NS at 5 other times during the past twelve months, for a total investment of $192.01M at an average of $47.2 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 15 times by insiders. an employee of the company was the buyer in 15 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 -18.46%
12 Month 15 0 4.6%

Shares of Nustar Energy L.P. (NYSE:NS) traded up 1.52% on Aug 23, 2017, hitting $38.64. 189,542 shares of the company’s stock traded hands. Nustar Energy L.P. has a 52 week low of $36.94 and a 52 week high of $55.31. The company’s market cap is $3,700 million.

Nustar Energy L.P. (NYSE:NS) last announced its earnings results on Jul 28, 2017. The company reported 0.05 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.36 by $0.31. The company had revenue of $435 million for the quarter, compared to the consensus estimate of $500 million. During the same quarter in the previous year, the company posted 0.52 earnings per share. The company’s revenue for the quarter was down 1% on a year-over-year basis.

2017-07-28 2017-04-24 2017-01-31 2016-11-02 2016-08-02 2016-04-27 2016-01-29 2015-11-03 2015-07-24 2015-04-22
earnings per share 0.05 0.51 0.38 0.49 0.52 0.57 0.61 0.68 0.54 0.76
Revenue(M) 435.49 487.43 471.76 441.42 437.8 405.7 464.92 493.57 570.61 554.94

NuStar Energy, L.P. is a Delaware limited partnership. It completed its initial public offering on April 16, 2001. The Company is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia and asphalt and fuels marketing. It manages its operations through the following three operating segments: storage, transportation and asphalt and fuels marketing. The Company conducts its operations through its wholly owned subsidiaries, mainly Nustar Logistics, L.P. (Nustar Logistics) and Nustar Pipeline Operating Partnership L.P. (NuPOP). The Company’s storage segment includes terminal facilities that provide storage and handling services on a fee basis for petroleum products, specialty chemicals, crude oil and other liquids and crude oil storage tanks used to store and deliver crude oil. In addition, its terminals located on the island of St. Eustatius, the Netherlands Antilles and Point Tupper, Nova Scotia provide services such as pilotage, tug assistance, line handling, launch service, emergency response services and other ship services. The Company’s asphalt and fuels marketing segment includes its asphalt refining operations and its fuels marketing operations. It refines crude oil to produce asphalt and certain other refined products from its asphalt operations. Additionally, it purchases gasoline and other refined petroleum products for resale. It owns common carrier refined product pipelines in Texas, Oklahoma, Colorado, New Mexico, Kansas, Nebraska, Iowa, South Dakota, North Dakota and Minnesota covering approximately 5,480 miles. The East and North Pipelines also include 21 terminals providing storage capacity of 4.5 million barrels, and the East Pipeline includes two tank farms providing storage capacity of 1.2 million barrels. In addition, it owns a 2,000 mile anhydrous ammonia pipeline located in Louisiana, Arkansas, Missouri, Illinois, Indiana, Iowa and Nebraska. The Company also owns 940 miles of crude oil pipelines in Texas, Oklahoma, Kansas, Colorado and Illinois, as well as associated crude oil storage facilities providing storage capacity of 1.9 million barrels in Texas and Oklahoma that are located along the crude oil pipelines. The Central West System was constructed to support the refineries to which they are connected. These pipelines are physically integrated with and principally serve refineries owned by Valero Energy. The East Pipeline covers 1,910 miles and moves refined products and natural gas liquids north in pipelines ranging in diameter from 6 inches to 16 inches. The North Pipeline is currently supplied by the Tesoro Mandan refinery and runs from west to east approximately 440 miles from its origin in Mandan, North Dakota to the Minneapolis, Minnesota area. The East and North Pipelines also include 21 truck-loading terminals through which refined petroleum products are delivered to storage tanks and then loaded into petroleum product transport

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.