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NuStar: Underrated Star For Storing Oil

There's a slew of MLPs and passthrough entities to choose from, especially in the oil and gas industry. NuStar GP Holdings LLC (NSH), on the surface, appears to be just another company in the oil storage and transport market, but if you dig a bit deeper, it has a 9% distribution yield that really sets the company apart. The other nice thing about NSH is that it's not confined to just the U.S., the company operates terminals in Canada and Mexico, as well as overseas in the Netherlands and the United Kingdom.

Quick overview

As is common practice in the industry, NSH is the parent company for an LP, so its owned LP units make up the majority

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