trending Market Intelligence /marketintelligence/en/news-insights/trending/dB6ZG2xP2B1-k_OFUg3e5Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

NuStar Energy posts higher Q2 adjusted net income despite lower revenue

客户案例:跨国公用事业公司有效增强对新客户信用风险的认知

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


NuStar Energy posts higher Q2 adjusted net income despite lower revenue

NuStar Energy LP on Aug. 8 reported an adjusted net income of $54.3 million, or 18 cents per unit, for the second quarter, up from $29.4 million, or 15 cents per unit, a year ago.

On a GAAP basis, net income reached $46.0 million during the quarter, topping $29.4 million in the prior-year period.

Total revenues went down to $372.4 million for the quarter, compared with $389.3 million a year earlier. The revenue was driven by the service segment at $282.5 million, increasing from $259.6 million in the prior-year period.

Adjusted EBITDA totaled $169.2 million during the quarter, climbing slightly from $157.1 million a year ago.

The pipeline segment had a total throughput of 1.7 million barrels per day for the quarter, up from 1.4 million bbl/d in the prior-year period.

The storage segment posted throughput of 395,512 bbl/d during the quarter, higher than 331,917 bbl/d a year earlier.

The company expects an adjusted EBITDA in the range of $665 million to $715 million for the full year 2019.