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Stock Market & Financial Investment News

News Breaks
December 13, 2012
10:03 EDTNS, COPNuStar Energy to expand Eagle Ford crude oil pipeline system
NuStar Energy (NS) announced that it has entered into a long-term Pipeline and Terminal Services Agreement with ConocoPhillips (COP) that will allow expansion of NuStar's South Texas Crude Oil Pipeline System. The agreement will include a pipeline expansion project for NuStar that will allow NuStar to serve ConocoPhillips' growing production in the Eagle Ford Shale play, and new pipeline and terminal facilities will provide Eagle Ford producers with a cost-effective transportation alternative for their growing production. Anastasio stated that NuStar expects to invest approximately $100M-$120M for these expansions, which are backed by a 10-year throughput commitment. According to Anastasio, the projects are expected to generate approximately $15M in incremental, annual EBITDA once fully implemented. He noted that while the expansions would generate some EBITDA in 2013, the vast majority will be earned in 2014 and beyond.
News For NS;COP From The Last 14 Days
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July 31, 2014
07:06 EDTCOPConocoPhillips says on track for 3%-5% volume, margin growth in 2014
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07:04 EDTCOPConocoPhillips reports Q2 EPS $1.61, consensus $1.60
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July 30, 2014
15:40 EDTCOPNotable companies reporting before tomorrow's open
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10:12 EDTCOPOando Energy Resources to hold a teleconference
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07:14 EDTCOPConocoPhillips completes sale of Nigeria business for $1.5B
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July 29, 2014
10:57 EDTNSBalyasny Asset reports 5.07% passive stake in NuStar Energy
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08:19 EDTCOPConocoPhillips management to meet with Oppenheimer
Meeting to be held in Texas on August 5 hosted by Oppenheimer.
July 28, 2014
10:02 EDTNSOn The Fly: Analyst Upgrade Summary
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07:32 EDTNSNuStar Energy upgraded at Credit Suisse
Credit Suisse upgraded NuStar (NS) to Outperform from Neutral citing the strong Q2 report, strong volumes and increased confidence in growth. Price target raised to $71 from $58.
06:37 EDTNSNuStar Energy upgraded to Outperform from Neutral at Credit Suisse
July 25, 2014
08:56 EDTNSNuStar Energy sees Q3 EBITDA higher vs. 3Q13
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08:55 EDTNSNuStar Energy still sees pipeline segment EBITDA $40M-$60M higher vs. FY13
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08:52 EDTNSNuStar Energy reports Q2 EPS 58c, consensus 46c
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July 21, 2014
08:16 EDTCOPFMC Technologies signs agreement to develop susbsea equipment and systems
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