Located on the South Side of San Antonio, the 14,500-barrel-per-day This is up $28 million, or 16 percent, compared to fourth quarter of 2021 adjusted EBITDA of $169 million. A conference call with management is scheduled for 9:00 a.m. CT on Thursday, May 4, 2023, to discuss the financial and operational results for the first quarter of 2023. SAN ANTONIO, April 27, 2023--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a first quarter 2023 common unit distribution of $0.40 per unit. improvements at the refinery and in the surrounding community. $18.82 per hour. position for a refinery because it limits resources and available San Antonio-based energy logistics company NuStar Energy LP (NYSE: NS) sold its headquarters building at 19003 West Interstate 10, just north of the The Rim shopping center, to Charlotte,. This is Corporate Communications: 210-918-2314, NuStar Energy L.P. Declares First Quarter 2023 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions, Copyright NuStar Energy L.P. All Rights Reserved, https://edge.media-server.com/mmc/p/fnk2v7x2, https://register.vevent.com/register/BI3c790e56797c443d95909ed3a22b5f52, https://www.businesswire.com/news/home/20230427005881/en/. The partnerships combined system has approximately 49 million barrels of storage capacity, and NuStar has operations in the United States and Mexico. It has been working to reduce. This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d) and 1.1446(f). or NuStar has been named to this prestigious list 13 times, and is the only San Antonio-based company, one of only two energy . NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. However, excluding the non-cash charges and insurance proceeds, as well as the EPU impact from the repurchase of a portion of the Series D preferred units in the fourth quarter of 2022, our full-year 2022 adjusted net income was $250 million, or $0.92 per unit, compared to 2021 adjusted net income of $212 million, or $0.60 per unit, said Barron. NuStar currently has approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. Home > Truist Buys NuStar Energys San Antonio HQ for $103Mln. These risks, uncertainties and assumptions are discussed in NuStar Energy L.P.s 2021 annual report on Form 10-K and subsequent filings with the Securities and Exchange Commission. refinery produces and sells various products, including jet fuels, Expect the best from yourself and from each other. The 32-acre property was recently valued at about $49 million, according to the Bexar County Appraisal District. employees received significant increases in their compensation and especially important since we completed a joint venture for our asphalt It closed the year with debt of $3.3 billion. NuStar Energy L.P.s Board of Directors also declared a first quarter 2023 Series A preferred unit distribution of $0.73169 per unit, a Series B preferred unit distribution of $0.66150 per unit and a Series C preferred unit distribution of $0.73881 per unit. terminal, which is approximately 12 miles away from the refinery, stores The Charlotte, N.C., bank acquired the 300,000-square-foot building from the San Antonio-based energy logistics company, which has agreed to lease it back. 100% of the distribution is in excess of cumulative net income for purposes of Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Our adjusted EBITDA for full-year 2022 was $722 million, compared to 2021 adjusted EBITDA of $705 million.
