Michael Fitzsimmons
Oil & gas, dividend investing, research analyst

NuStar Energy: Yielding 7.5% With Eagle Ford Driven Upside Potential

NuStar Energy L.P. (NYSE:NS) is an MLP based in San Antonio, TX. The company has now totally divested its 50% interest in a money losing asphalt joint-venture and is now focused on growth in its core pipeline and storage businesses. After suffering through a challenging two-year period, several near-term catalysts have brightened the outlook for NuStar - specifically in the Eagle Ford shale region. Longer-term, NuStar has excellent growth potential in its stable and fee-based midstream businesses.

According to NuStar's 2013 annual report, the company has the following assets:

    60 terminal and storage facilities providing 84.8 million bbls of storage. 5,463 miles of refined product pipelines with 21 associated terminals providing 4.9 million bbls, and two tank ...
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