NuStar Energy L.P. (NYSE:NS) Files An 8-K Results of Operations and Financial Condition
Item 2.02Results of Operations and Financial Condition.
On January 31, 2019, NuStar Energy L.P., a Delaware limited partnership, issued a press release announcing financial results for the quarter and year ended December 31, 2018. A copy of the press release announcing the financial results is furnished with this report as Exhibit 99.01 and is incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
Press Release dated January 31, 2019.
NuStar Energy L.P. Exhibit
EX-99.01 2 ns4q188-kex9901.htm EXHIBIT 99.01 Exhibit Exhibit 99.01NuStar Energy L.P. Reports Fourth Quarter and Full-Year 2018 Earnings ResultsFull-Year 2018 Net Income Increases 39%; Full-Year 2018 Adjusted Net Income up 15%Full-Year 2018 Adjusted EBITDA up 12% and at High End of Guidance RangeFull-Year 2018 Distributable Cash Flow Available to Common Limited Partners Increases 37%Much Improved Full-Year 2018 Distribution Coverage Ratio of 1.42 Times and Debt Coverage Ratio of 4.05 TimesSAN ANTONIO,…
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About NuStar Energy L.P. (NYSE:NS)
NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminaling and storage of petroleum products, and the marketing of petroleum products. The Company’s operating segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia. The storage segment includes terminal and storage facilities that provide storage, handling and other services for petroleum products, crude oil, specialty chemicals and other liquids. The fuels marketing segment involve the purchase of crude oil, fuel oil, bunker fuel, fuel oil blending components and other refined products for resale. The Company’s assets include approximately 5,500 miles of refined product pipelines with over 20 associated terminals; over 2,000 miles of anhydrous ammonia pipelines; approximately 1,200 miles of crude oil pipelines, and over 50 terminal and storage facilities.