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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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January 30, 2015
13:07 EDTNSOppenheimer reports 9.98% passive stake in NuStar Energy
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10:16 EDTNSNuStar Energy see Q1 EPS 50c-60c, consensus 54c
Guidance from Q4 earnings conference call.
08:54 EDTNSNuStar sees spending $400M-$420M on growth projects, acquisitions in 2015
First quarter 2015 EBITDA results for our pipeline and storage segments should be higher than last year’s first quarter. Both segments should continue to benefit from increased throughput volumes from Phase 1 of our South Texas Crude Oil Pipeline System, which came online in the second quarter of 2014, while our storage segment will also benefit from incremental EBITDA associated with our recent acquisition of the Linden Terminal. First quarter 2015 EBITDA results for the fuels marketing segment should be comparable to last year’s first quarter,” said Brad Barron, President and CEO. Commenting on full-year 2015 guidance, Barron said, “Our pipeline segment EBITDA should be $25 to $45 million higher than 2014, and storage segment EBITDA should be $10 to $30 million higher than 2014, while EBITDA in our fuels marketing segment is expected to be in the range of $20 to $30 million. Based on these projections, we expect to once again cover our distribution for the full-year 2015.” With regard to capital spending projections for 2015, Barron went on to say, “We plan to spend $400 to $420 million on internal growth projects and acquisitions during 2015, while reliability capital spending is expected to be in the range of $40 to $50 million.”
08:53 EDTNSHNuStar GP Holdings reports Q4 EPS 34c, consensus 38c
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08:52 EDTNSNuStar Energy reports Q4 EPS 54c, consensus 53c
Reports Q4 revenue $681.74M, consensus $777.03M.

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