NYSE:NS

Stock Analysis Report

Executive Summary

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products.

Snowflake


Similar Companies

Share Price & News

How has NuStar Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.0%

NS

-1.7%

US Oil and Gas

0.5%

US Market


1 Year Return

8.1%

NS

-21.6%

US Oil and Gas

6.8%

US Market

Return vs Industry: NS exceeded the US Oil and Gas industry which returned -21.6% over the past year.

Return vs Market: NS exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

NSIndustryMarket
7 Day2.0%-1.7%0.5%
30 Day-0.7%-6.4%-0.8%
90 Day-2.0%-9.4%-0.9%
1 Year18.3%8.1%-18.7%-21.6%9.2%6.8%
3 Year-19.3%-40.4%-8.2%-16.4%45.6%36.2%
5 Year-30.2%-56.7%-24.8%-35.2%63.2%45.4%

Price Volatility Vs. Market

How volatile is NuStar Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NuStar Energy undervalued compared to its fair value and its price relative to the market?

2.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NS ($28.38) is trading above our estimate of fair value ($12.76)

Significantly Below Fair Value: NS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NS is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: NS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NS is overvalued based on its PB Ratio (2.9x) compared to the US Oil and Gas industry average (0.9x).

Future Growth

How is NuStar Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

109.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NS's revenue (3.9% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: NS's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NS's Return on Equity is forecast to be high in 3 years time (20.3%)

Past Performance

How has NuStar Energy performed over the past 5 years?

-43.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NS is unprofitable, and losses have increased over the past 5 years at a rate of -43.4% per year.

Accelerating Growth: Unable to compare NS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NS is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (22.6%).


Return on Equity

High ROE: NS has a negative Return on Equity (9.22%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NS is currently unprofitable, so its Return on Capital Employed is negative.

Financial Health

How is NuStar Energy's financial position?


Financial Position Analysis

Short Term Liabilities: NS's short term assets ($473.6M) exceeds its short term liabilities ($332.1M)

Long Term Liabilities: NS's short term assets (473.6M) do not cover its long term liabilities (3.6B)


Debt to Equity History and Analysis

Debt Level: NS's debt to equity ratio (142.6%) is considered high

Reducing Debt: NS's debt to equity ratio has reduced from 150.7% to 142.6% over the past 5 years.

Debt Coverage: NS's debt is not well covered by operating cash flow (15.8%).

Interest Coverage: NS is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: NS has a high level of physical assets or inventory.

Debt Coverage by Assets: NS's debt is not covered by short term assets (assets are 0.1x debt).

Dividend

What is NuStar Energy's current dividend yield, its reliability and sustainability?

8.46%

Current Dividend Yield


Dividend Yield vs Market

company8.5%marketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Years8.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: NS's dividend (8.46%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: NS's dividend (8.46%) is in the top 25% of dividend payers in the US market (3.73%)

Stable Dividend: NS's dividend payments have been volatile in the past 10 years.

Growing Dividend: NS's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: NS is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: NS's dividends in 3 years are not forecast to be well covered by earnings (137.2% payout ratio).

Management

What is the CEO of NuStar Energy's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average management tenure


CEO

Brad Barron (54yo)

5.8yrs

Tenure

US$3,501,130

Compensation

Mr. Bradley C. Barron, also known as Brad, serves as the Chief Executive Officer and President of Nustar GP LLC, General partner of NuStar Logistics, L.P., NuStar Energy L.P. since January 01, 2014. Mr. Ba ...


CEO Compensation Analysis

Compensation vs. Market: Brad's total compensation ($USD3.50M) is about average for companies of similar size in the US market ($USD5.11M).

Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

5.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: NS's management team is seasoned and experienced (5.8 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

71yo

Average Age

Experienced Board: NS's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$1,931,90714 May 19
William Greehey
EntityIndividual
Role
Chairman of the Board
Chairman of the Board - NuStar GP LLC
Shares68,075
Max PriceUS$28.38
SellUS$161,71420 Feb 19
Michael Truby
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations - NuStar GP LLC
Shares6,000
Max PriceUS$26.95
SellUS$186,67820 Feb 19
Thomas Shoaf
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO of NuStar GP LLC
Shares7,044
Max PriceUS$26.50
SellUS$164,30520 Feb 19
Daniel Oliver
EntityIndividual
Role
Head of Marketing
Senior Vice President of Marketing & Business Development - NuStar GP LLC
Shares6,105
Max PriceUS$26.91
SellUS$61,38220 Feb 19
Jorge del Alamo
EntityIndividual
Shares2,300
Max PriceUS$26.69
SellUS$104,53014 Feb 19
Amy Perry
EntityIndividual
Role
Chief Legal Officer
Executive VP of Strategic Development
Shares4,080
Max PriceUS$25.62
BuyUS$41,45826 Dec 18
Dan Hill
EntityIndividual
Role
Lead Director
Presiding Director of Nustar GP LLC
Shares2,000
Max PriceUS$20.73
BuyUS$2,298,46018 Dec 18
William Greehey
EntityIndividual
Role
Chairman of the Board
Chairman of the Board - NuStar GP LLC
Shares100,000
Max PriceUS$22.98

Ownership Breakdown


Management Team

  • Brad Barron (54yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$3.50m
  • Mary Brown (63yo)

    Executive VP & Chief Administrative Officer of NuStar GP LLC

    • Tenure: 6.5yrs
    • Compensation: US$1.52m
  • Tom Shoaf (61yo)

    Executive VP & CFO of NuStar GP LLC

    • Tenure: 5.8yrs
    • Compensation: US$1.52m
  • Danny Oliver (53yo)

    Senior Vice President of Marketing & Business Development - NuStar GP LLC

    • Tenure: 5.4yrs
    • Compensation: US$1.11m
  • Amy Perry (50yo)

    Executive VP of Strategic Development

    • Tenure: 0.8yrs
    • Compensation: US$1.13m
  • Manish Kapoor (49yo)

    Chief Information Officer & Senior VP

    • Tenure: 0yrs
  • Bob Grimes

    Vice President of Human Resources - NuStar GP LLC

    • Tenure: 10.8yrs
  • Joanna Weidman

    Senior Vice President of Administration - NuStar GP LLC

    • Tenure: 0.2yrs
  • Mike Truby (60yo)

    Senior Vice President of Operations - NuStar GP LLC

    • Tenure: 6.7yrs
    • Compensation: US$740.50k
  • Mark Trexler (49yo)

    Senior Vice President of HSE/Regulatory & Corporate Development

    • Tenure: 2yrs

Board Members

  • James Clingman (82yo)

    Director of NuStar GP LLC

    • Tenure: 1.3yrs
    • Compensation: US$138.00k
  • Bill Greehey (83yo)

    Chairman of the Board - NuStar GP LLC

    • Tenure: 17.8yrs
    • Compensation: US$270.82k
  • Bill Burnett (69yo)

    Director of NuStar GP LLC

    • Tenure: 1.3yrs
    • Compensation: US$139.00k
  • Jesse Bates (75yo)

    Director of Nustar GP LLC

    • Tenure: 13.5yrs
    • Compensation: US$219.33k
  • Brad Barron (54yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$3.50m
  • Dan Hill (79yo)

    Presiding Director of Nustar GP LLC

    • Tenure: 0yrs
    • Compensation: US$235.83k
  • W. Rosier (71yo)

    Director of NuStar GP LLC

    • Tenure: 6.6yrs
    • Compensation: US$213.33k
  • Jelynne LeBlanc-Burley (59yo)

    Director of NuStar GP LLC

    • Tenure: 1.3yrs
    • Compensation: US$135.50k
  • Bob Munch (67yo)

    Director of Nustar GP LLC

    • Tenure: 3.8yrs
    • Compensation: US$203.33k

Company Information

NuStar Energy L.P.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NuStar Energy L.P.
  • Ticker: NS
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$3.058b
  • Shares outstanding: 107.76m
  • Website: https://www.nustarenergy.com

Number of Employees


Location

  • NuStar Energy L.P.
  • 19003 IH-10 West
  • San Antonio
  • Texas
  • 78257
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NSNYSE (New York Stock Exchange)YesCommon UnitsUSUSDApr 2001
N0UDB (Deutsche Boerse AG)YesCommon UnitsDEEURApr 2001
NS.PRBNYSE (New York Stock Exchange)RED PFD SER BUSUSDApr 2017

Biography

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:49
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.