purchase agreement to sell its San Antonio refinery and related assets, region and other U.S. shale plays, where NuStar already has extensive Learn how you can invest in and be part of NuStar. commercial and retail customers and the U.S. military. NuStars Assets are Strategically Located Throughout the United States and in Mexico. This press release includes, and the related conference call will include, forward-looking statements regarding future events and expectations, such as NuStars future performance, plans and expenditures. These risks, uncertainties and assumptions are discussed in NuStar Energy L.P.s 2021 annual report on Form 10-K and subsequent filings with the Securities and Exchange Commission. It closed the year with debt of $3.3 billion. Nustar Energy. Salary estimated from 24 employees, users, and past and present job advertisements on Indeed. The following is a reconciliation of projected net income to EBITDA. San Antonio Business Journal Truist Bank has paid $103 million, or about $343.33/sf, for the headquarters of NuStar Energy LP in San Antonio. Media, Mary Rose Brown, Executive Vice President and Chief Administrative Officer, When to get free admission into Texas gorgeous national Watch out for this invasive shrub, the Amur River privet, San Antonio eyes stickers in fight against domestic violence, Man accused of strangling neighbor to death in apartment, SA's last Tuskegee Airman buried at Fort Sam, Pedestrian killed in hit-and-run on Interstate 35 downtown. For more information, visit NuStar Energy L.P.s website at www.nustarenergy.com and its Sustainability page at https://sustainability.nustarenergy.com/. Intern. NuStar Energy L.P.s Board of Directors also declared a first quarter 2023 Series A preferred unit distribution of $0.73169 per unit, a Series B preferred unit distribution of $0.66150 per unit and a Series C preferred unit distribution of $0.73881 per unit. The atmosphere is nearly stress free and the people here make it fun to work here. Guide to Getting Your First Job. Persons interested in listen-only participation may access the conference call directly at https://edge.media-server.com/mmc/p/fnk2v7x2. The Partnerships combined system has approximately 95 An energy logistics company is selling its San Antonio headquarters but will remain at the site as part of a leaseback deal. We plan to continue to optimize our business and build our financial strength and unitholder value, while we continue to safely and reliably store and transport the essential energy that fuels our lives, Barron concluded. NuStar currently has 8,573 miles of pipeline; 87 terminal and storage facilities that store and distribute crude oil, refined products and . NuStar recently sold its headquarters but will lease the space and remain there. approximately 80 crude delivery trucks per day from San Antonio roads. This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d) and 1.1446(f). Copyright NuStar Energy L.P. All Rights Reserved. The company moved into its 319,000-square-foot headquarters off Interstate 10 north of The Rim shopping in 2012. 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. Anastasio. SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a first quarter 2023 common unit distribution of $0.40 per unit.The first . Use Next and Previous buttons to navigate. NuStar currently has 8,708 miles of pipeline and 81 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. NuStar Energy Corporate Headquarters Off-Market 19003 Interstate 10 Frontage Road, San Antonio, TX 78257 This property is off-market. Please enter your username or email address to reset your password. 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. 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This article about a natural gas or petroleum-related company is a stub. visit NuStar Energy L.P.'s Web site at www.nustarenergy.com. approximately $54 million since then on improvements to the refinery. It acquired about 37acres there in 2010. None of these financial measures are presented as an alternative to net income. Actual results may differ materially from those described in the forward-looking statements. for their commitment to their employees. Not only is this pipeline reducing traffic and cutting transportation In 2020, we created our Sustainability Working Committee to enhance our sustainability disclosures. NuStar currently has approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. Photos: King William Fair and Parade mark Fiestas final Seguin amusement park shown in HBO Max show about Texas Hill Country property near San Antonio to become state park. In addition, our West Coast regions revenues continue to grow, as revenues were up around 20 percent compared to the fourth quarter of 2021 and around 10 percent year-over-year, driven in large part by our West Coast renewable fuels strategy, said Barron. Please note that 100% of NuStar Energy L.P.s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. SAN ANTONIO -- (BUSINESS WIRE)--Oct. 27, 2022-- NuStar Energy L.P. (NYSE: NS) announced today that Bill Greehey will step down from his position as NuStar's chairman of the board and become chairman emeritus, effective immediately. at ExxonMobils Irving headquarters late last year in a sale-leaseback deal in December. The Elmendorf NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a first quarter 2023 common unit distribution of $0.40 per unit. For example, for full-year 2022, NuStar reported net income of $223 million, or $0.36 per unit, compared to net income of $38 million, or a net loss of $0.99 per unit, for the year ended 2021. As we stated when we announced our intent to sell the refinery, it was Cynthia Esparza/For the San Antonio Express-News, Courtesy of NuStar Energy LP / NuStar Energy LP, William Luther, Staff / Staff photographer, San Antonio Reddit users call out local businesses to boycott, The tragic case of an S.A.-area dentist and his Miami patient, SpaceX will be ready for launch in six to eight weeks, Musk says, H-E-B family listed among worlds richest people by Forbes, H-E-B family, SpaceX and S.A.s best restaurants top weeks news, SAWS will pay you to rip out 'boring turf', Internet says $40 at Texas Roadhouse can last you a week, 5 found shot 'execution style' in home in San Jacinto County, San Antonios NuStar Energy posts best fourth quarter in its history. A conference call with management is scheduled for 10:00 a.m. CT on Wednesday, February 1, 2023, to discuss the financial and operational results for the fourth quarter of 2022. The first quarter common unit distribution will be paid on May 12, 2023 to holders of record as of May 8, 2023. $18.82 per hour. "NuStar's earnings grew in third quarter, despite drop in shale production", "Inter Pipeline announces the acquisition of European bulk liquid storage business", "NuStar receives the first shipment of long-haul Permian Crude at Corpus Christi terminal", "Plans To Build New Petrochemical Tanks In Rodeo Face Pushback Following NuStar Fire", https://en.wikipedia.org/w/index.php?title=NuStar_Energy&oldid=1084603172, This page was last edited on 25 April 2022, at 13:59. Barron closed by mentioning how integral NuStars optimization initiative was to the companys solid results and in facilitating an important first step to improve its capital structure in 2022. NuStar Energy, L.P., San AntonioInvestors, Chris Russell, Vice This redemption is another important step in our ongoing optimization and will meaningfully increase our cash flow over the next few years.. A conference call with management is scheduled for 9:00 a.m. CT on Thursday, May 4, 2023, to discuss the financial and operational results for the first quarter of 2023. Be helpful and seek help from others when you need it. NuStar Energy salaries in San Antonio, TX. SAN ANTONIO--(BUSINESS WIRE)--Apr. Earnings per unit (EPU) for the fourth quarter of 2022 also included a $0.31 per unit premium related to the repurchase of a portion of the Series D preferred units. The conference call may also be accessed through the "Investors" section of NuStar Energy L.P.s website at https://investor.nustarenergy.com. employees received significant increases in their compensation and Nominees, and not NuStar Energy L.P., are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors. It has been working to reduce. [1]The Environmental Partnership is comprised of companies in the U.S. oil and natural gas industry committed to continuously improve the industrys environmental performance. Austin-based Capital Commercial Investments bought. By systematically scrutinizing every dollar of spending, we have been able to significantly increase our cash flow with systematic changes that will continue to reap benefits in 2023 and beyond, said Barron. 730 Reconciliation of Non-GAAP Financial Information, (Unaudited, Thousands of Dollars, Except Ratio Data). Updated August 2022. L.P.(Calumet) for $100 million, plus closing date inventory estimated Browse the open positions at NuStar Energy, and apply online. [2] In 2021, we promoted our commitment to ESG excellence in alignment with our strategic goals, and we also launched our Sustainability webpage. Cautionary Statement Regarding Forward-Looking Statements. NuStars Permian Crude System volumes hit another high in the fourth quarter of 2022 with a record-breaking average of 584,000 barrels per day (BPD), up 13 percent over fourth quarter of 2021 volumes. I would absolutely recommend NuStar to friends and others looking for employment. Unless otherwise noted, all information, data and metrics in this report reflect our worldwide operations as of December 31, 2021 and include any divested assets through the date of divestment. facility that is also much more reliable and profitable. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Corporate Communications: 210-918-2314, View source version on businesswire.com: https://www.businesswire.com/news/home/20230427005881/en/. 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. 1 of 14. Expert Career Advice. terminal, which is approximately 12 miles away from the refinery, stores Furthermore, our employees have made a positive difference in the communities where NuStar has operations by donating their time and resources to countless worthy causes. crude oil, refined products and specialty liquids; a fuels refinery with including a terminal in Elmendorf, TX and a pipeline connecting the