nustar energy san antonio
NuStar owns 8,700 miles of pipeline and 79 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids.[2]. Take care of yourself, others and the environment. The partnership's combined system has approximately 93 million barrels of storage capacity, and NuStar has operations in the United States, Canada, Mexico, the Netherlands, including Sint Eustatius in the Caribbean, and the United Kingdom. capital. conducted significant environmental cleanup as well as beautification NuStar Energy L.P. Declares First Quarter 2023 Common Unit Distribution We ended the fourth quarter of 2022 with a debt-to-EBITDA ratio of 3.98 times, said Shoaf. at ExxonMobils Irving headquarters late last year in a sale-leaseback deal in December. with the margin-based refining business in order to further grow its transaction, which is expected to have an effective date of January 1, a part of a refining company with multiple refineries that has the depth Projected for the Year Ended All forward-looking statements are based on NuStars beliefs as well as assumptions made by and information currently available to NuStar. Use Next and Previous buttons to navigate. We are proud to be a company that safely transports and stores liquid fuels, including fossil fuels and lower carbon intensity renewable fuels, in an environmentally responsible way to meet those needs. Barron continued, Our adjusted EBITDA was $197 million for the fourth quarter of 2022, which is the highest fourth quarter adjusted EBITDA in our companys history. NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. Shoaf also gave full-year guidance for net income and EBITDA, as well as strategic capital and reliability capital for 2023. Continuing Sustainability Excellence in 2021. These adjustments represent the pro forma effects of the dispositions of the Point Tupper terminal, which was sold in April 2022, and the Eastern U.S. terminals, which were sold in October 2021. Other notable companies have exercised land sale or leaseback maneuvers recently. It has been working to reduce. Expert Career Advice. See jobs Follow View all 1,286 employees About us NuStar Energy L.P., a publicly. service a 12-mile pipeline between the terminal and the refinery that It closed the year with debt of $3.3 billion. As of December 31, 2021, we had operations in the United States, Canada and Mexico. more consistent quality. $18.82 per hour. The board of directors has elected Brad Barron, president and CEO, as the new chairman. The deal was made to monetize a real estate asset that hasnt been yielding lucrative returns, and NuStar will pay off some of its outstanding debt with the $103 million, a company spokesperson told the outlet. NuStar currently has approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable . I would absolutely recommend NuStar to friends and others looking for employment.
Dr Cedric Alexander Biography,
Articles N