Seeking Alpha

NuStar Energy (NS +0.9%) agrees to sell its 14.5K bbl/day San Antonio refinery and a related...

NuStar Energy (NS +0.9%) agrees to sell its 14.5K bbl/day San Antonio refinery and a related terminal in Elmendorf, Tex., to Calumet Specialty Products Partners (CLMT -0.2%) for $100M plus ~$15M of inventory. The sale is part of NS' plan to shift away from the margin-based refining and marketing business to further grow its fee-based pipeline and storage operations.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs