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Stock Market & Financial Investment News

News Breaks
January 14, 2013
10:01 EDTNS, NSHNuStar Energy sees Q4 earnings lower than a year ago
The company says in an 8-K filing that 4Q12 earnings are expected to be lower than 4Q11 as the expected additional earnings from those completed projects should be offset by lower vessel calls, higher maintenance costs at several of NuStar Energy’s terminal facilities and approximately $10 million in cancelled capital project costs. Overall, NuStar Energy expects the FY12 earnings for the storage segment to exceed 2011. NuStar Energy expects 2013 results in the segment to be higher than 2012. NuStar Energy expects earnings of the transportation segment for the fourth quarter and the full year 2012 to be higher as compared to the same periods in 2011.
News For NS;NSH From The Last 14 Days
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April 24, 2014
10:00 EDTNSOn The Fly: Analyst Upgrade Summary
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06:50 EDTNSNuStar Energy upgraded to Buy from Hold at Stifel
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April 23, 2014
09:30 EDTNSNuStar Energy sees 2Q14 EPU, EBITDA to exceed 2Q13 results
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09:29 EDTNSNuStar backs FY14 pipeline segment EBITDA $40M-$60M higher than FY13
The company said, "Reaffirming the FY14 guidance we provided in February, we expect our pipeline segment EBITDA to be $40M-$60M higher than FY13 and our storage segment adjusted EBITDA to be comparable to FY13. We expect our fuels marketing segment to generate EBITDA in the range of $10M-$30M. Based on these projections, we expect to start covering our distributions in 2H14 and for FY14. We expect to spend $350M-$370M on internal growth projects during FY14, the majority of which will be spent on projects in our pipeline segment. Our FY14 reliability capital spending remains unchanged, and is expected to be in the range of $35M-$45M.”
09:25 EDTNSNuStar Energy reports Q1 EPS 36c, consensus 36c
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09:23 EDTNSHNuStar reports Q1 EPS 32c, consensus 34c
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