NuStar Energy L.P. (NS) - NYSE
  • Nov. 8, 2012, 9:39 AM

    NuStar Energy (NS +0.5%) will purchase crude oil pipeline, gathering and storage assets, as well as liquid natural gas assets, in the Eagle Ford shale from TexStar Midstream Services for $425M. The transactions likely will be financed under its credit facility and junior subordinated notes. NS also says it plans to sell its refinery and terminal in Elmendorf, Tex.

    | Nov. 8, 2012, 9:39 AM
Company Description
NuStar Energy LP engages in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia and the marketing of petroleum products. The company operates through the three segments: Storage, Pipeline, and Fuels Marketing. The Storage segment is... More
Industry: Oil & Gas Pipelines
Country: United States