Saturday, February 1, 2025
Sunoco LP to acquire NuStar Energy L.P. in transaction valued at $7.3 billion- oil and gas 360

Sunoco LP to acquire NuStar Energy L.P. in transaction valued at $7.3 billion

Oil and Gas 360 DALLAS, Jan. 22, 2024 /PRNewswire/ — Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. (NYSE: NS) (“NuStar”) announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. Transaction Details Under the terms of the agreement, NuStar common unitholders

NuStar makes $400 million bet on export growth at Port of Corpus Christi- oil and gas 360

NuStar makes $400 million bet on export growth at Port of Corpus Christi

Houston Chronicle San Antonio pipeline operator NuStar Energy is making a $400 million bet on the growth of exports at the Port of Corpus Christi. During a Tuesday morning presentation at the 2019 RBC Capital Markets Midstream Conference in Dallas, the company’s CEO Brad Barron laid out the pipeline operator’s capital expenditure budget for next year. Three out of four

NuStar GP Holdings, LLC and NuStar Energy L.P. Merge

NuStar GP Holdings, LLC (NYSE: NSH) and NuStar Energy L.P. (NYSE: NS) have announced that the merger of NSH with a subsidiary of NS was completed today. Under the terms of the merger agreement, NSH unitholders are entitled to receive 0.55 of a common unit representing a limited partner interest in NS in exchange for each NSH unit owned at

NuStar Energy Reports Q1 Results

NuStar Energy L.P. Reports Highest First Quarter EBITDA in Partnership’s History NuStar Energy L.P. (NS) today announced first quarter 2015 distributable cash flow (DCF) from continuing operations available to limited partners was $106.8 million, or $1.37 per unit, compared to 2014 first quarter DCF from continuing operations available to limited partners of $77.9 million, or $1.00 per unit. First quarter