NuStar Energy L.P.

NYSE:NS Stock Report

Market Cap: US$2.8b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NuStar Energy Management

Management criteria checks 4/4

NuStar Energy's CEO is Brad Barron, appointed in Jan 2014, has a tenure of 10.33 years. total yearly compensation is $7.53M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $22.68M. The average tenure of the management team and the board of directors is 7.8 years and 7.1 years respectively.

Key information

Brad Barron

Chief executive officer

US$7.5m

Total compensation

CEO salary percentage11.6%
CEO tenure10.3yrs
CEO ownership0.8%
Management average tenure7.8yrs
Board average tenure7.1yrs

Recent management updates

Recent updates

NuStar: Upside Remains After Sunoco Acquisition

Jan 22

NuStar Energy Starts Building A New Financial Structure

Nov 09

NuStar: A Look At The Declining Distribution Coverage

Sep 27

NuStar Energy: Taking A Slow And Possibly Safer Investment Road

Aug 22

NuStar Energy: Embracing Green Trends

Jun 27

NuStar Energy's Financial Report Blows It Away

Feb 10

NuStar declares $0.40 dividend

Jan 27

NuStar: 10% Yield And 2X Coverage Are Not Tempting Enough

Dec 12

NuStar declares $0.40 dividend

Oct 28

NuStar Preferreds Likely To Cross 12% Yields In 2023

Sep 27

NuStar declares $0.40 dividend

Jul 29

NuStar Energy: Huge Total Return Upside From 2 Catalysts

Jul 22

NuStar Energy's Quandary Solved; Ah, Maybe

May 20

NuStar Energy's Quandary

Feb 22

NuStar 7.625% Subordinated Notes Due 1/15/2043: Unlikely To Ever Be Called

Aug 11

NuStar Energy Series A Preferred Shares - Safe Short Duration Play For An 8.4% Yield

Aug 04

NuStar Q1 2021 Earnings Preview

May 03

CEO Compensation Analysis

How has Brad Barron's remuneration changed compared to NuStar Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$35m

Dec 31 2023US$8mUS$877k

US$85m

Sep 30 2023n/an/a

US$58m

Jun 30 2023n/an/a

US$88m

Mar 31 2023n/an/a

US$132m

Dec 31 2022US$7mUS$840k

US$40m

Sep 30 2022n/an/a

US$41m

Jun 30 2022n/an/a

-US$143m

Mar 31 2022n/an/a

-US$138m

Dec 31 2021US$6mUS$813k

-US$108m

Sep 30 2021n/an/a

-US$150m

Jun 30 2021n/an/a

-US$121m

Mar 31 2021n/an/a

-US$154m

Dec 31 2020US$4mUS$738k

-US$344m

Sep 30 2020n/an/a

-US$280m

Jun 30 2020n/an/a

-US$131m

Mar 31 2020n/an/a

-US$113m

Dec 31 2019US$4mUS$663k

US$64m

Sep 30 2019n/an/a

US$29m

Jun 30 2019n/an/a

-US$356m

Mar 31 2019n/an/a

-US$355m

Dec 31 2018US$4mUS$608k

-US$335m

Sep 30 2018n/an/a

-US$377m

Jun 30 2018n/an/a

US$17m

Mar 31 2018n/an/a

US$34m

Dec 31 2017US$2mUS$584k

US$67m

Compensation vs Market: Brad's total compensation ($USD7.53M) is about average for companies of similar size in the US market ($USD6.66M).

Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.

CEO

Brad Barron (58 yo)

10.3yrs

Tenure

US$7,532,821

Compensation

Mr. Bradley C. Barron, also known as Brad, serves as Chairman of Nustar GP LLC, General partner of NuStar Energy L.P. since October 27, 2022. He serves as the Chief Executive Officer and President of Nusta...

Leadership Team

NamePositionTenureCompensationOwnership
Bradley Barron
President10.3yrsUS$7.53m0.80%
$ 22.7m
Thomas Shoaf
Executive VP & CFO of NuStar GP LLC10.4yrsUS$2.39m0.19%
$ 5.4m
Mary Brown
Executive VP & Chief Administrative Officer of NuStar GP LLC11.1yrsUS$2.28m0.29%
$ 8.1m
Amy Perry
Executive VP of Strategic Development & General Counsel - Nustar GP LLC5.3yrsUS$2.16m0.16%
$ 4.5m
Daniel Oliver
Executive Vice President of Business Development & Engineering at NuStar GP Holdings4.3yrsUS$2.17m0.19%
$ 5.4m
Mark Trexler
Senior Vice President of Operations & HSE - NuStar GP LLC4.3yrsno datano data
Jorge del Alamo
Senior VP10.3yrsno data0.092%
$ 2.6m
Pam Schmidt
Vice President of Investor Relationsno datano datano data
Robert Grimes
Vice President of Human Resources - NuStar GP LLC15.3yrsno datano data
Joanna Weidman
Senior Vice President of Administration - NuStar GP LLC4.8yrsno datano data
Chris Russell
Treasurer & VP of Investor Relationsno datano datano data
Steve Gilbert
VP, Assistant General Counsel & Corporate Secretary1.8yrsno datano data

7.8yrs

Average Tenure

57yo

Average Age

Experienced Management: NS's management team is seasoned and experienced (7.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bradley Barron
President10.3yrsUS$7.53m0.80%
$ 22.7m
William Burnett
Independent Director of NuStar GP LLC5.8yrsUS$239.16k0.047%
$ 1.3m
Jesse Bates
Independent Director of NuStar GP LLC18.1yrsUS$289.16k0.067%
$ 1.9m
Eddie Grier
Independent Director of NuStar GP LLC2.8yrsUS$220.00k0.0091%
$ 257.3k
Dan Hill
Independent Presiding Director of NuStar GP LLC19.8yrsUS$329.16k0.071%
$ 2.0m
W. Rosier
Independent Director of NuStar GP LLC11.2yrsUS$269.16k0.10%
$ 2.9m
Martin Salinas
Independent Director of NuStar GP LLC2.8yrsUS$220.00k0.043%
$ 1.2m
Jelynne LeBlanc-Burley
Independent Director of NuStar GP LLC5.8yrsUS$239.16k0.034%
$ 974.9k
Suzanne Wade
Independent Director of NuStar GP LLC1.3yrsUS$346.65k0.012%
$ 333.4k
Robert Munch
Independent Director of NuStar GP LLC8.3yrsUS$239.16k0.043%
$ 1.2m

7.1yrs

Average Tenure

69.5yo

Average Age

Experienced Board: NS's board of directors are considered experienced (7.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/02 05:07
End of Day Share Price 2024/05/02 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NuStar Energy L.P. is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrossBarclays
Ujjwal PradhanBofA Global Research
Robert BalsamoB. Riley Securities, Inc.