NuSTAR

NuStar Energy L.P. Announces Public Offering of Common Units

Retrieved on: 
Tuesday, August 8, 2023

NuStar Energy L.P. (NYSE:NS) (the “Partnership”) announced today that it plans to conduct an offering of 12,000,000 common units pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”).

Key Points: 
  • NuStar Energy L.P. (NYSE:NS) (the “Partnership”) announced today that it plans to conduct an offering of 12,000,000 common units pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”).
  • The Partnership will grant the underwriters a 30-day option to purchase up to 1,800,000 additional common units.
  • The Partnership intends to use the net proceeds from the offering to redeem outstanding Series D Cumulative Convertible Preferred Units and to pay related fees and expenses.
  • This press release includes forward-looking statements regarding future events, including the size, timing, expected use of proceeds from the offering and results of the offering.

NuStar Energy L.P. Declares Second Quarter 2023 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions

Retrieved on: 
Thursday, July 27, 2023

NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a second quarter 2023 common unit distribution of $0.40 per unit.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a second quarter 2023 common unit distribution of $0.40 per unit.
  • The second quarter common unit distribution will be paid on August 14, 2023 to holders of record as of August 8, 2023.
  • NuStar Energy L.P.’s Board of Directors also declared a second quarter 2023 Series A preferred unit distribution of $0.76715 per unit, a Series B preferred unit distribution of $0.69696 per unit and a Series C preferred unit distribution of $0.77428 per unit.
  • The preferred unit distributions will be paid on September 15, 2023 to holders of record as of September 1, 2023.

Sixth Street Specialty Lending, Inc. Expands its Board of Directors and Appoints P. Emery Covington to the Board

Retrieved on: 
Friday, July 14, 2023

The board of directors (the “Board”) of Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that Ms. P. Emery (“Pem”) Covington was appointed to the Company’s Board of Directors on July 10, 2023.

Key Points: 
  • The board of directors (the “Board”) of Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that Ms. P. Emery (“Pem”) Covington was appointed to the Company’s Board of Directors on July 10, 2023.
  • Also on July 10, 2023, Ms. Covington was appointed as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee.
  • Prior to joining SunTrust, Ms. Covington was a Managing Director at NewStar Financial from 2004, creating the Portfolio Management platform.
  • Ms. Covington began her career as part of the Corporate Bank loan officer and management training program at Chemical Bank.

NuStar Energy L.P. to Announce Second Quarter 2023 Earnings Results on August 3, 2023

Retrieved on: 
Thursday, July 13, 2023

NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, August 3, 2023 at 9:00 a.m. Central Time to discuss the second quarter 2023 earnings results, which will be released earlier that day.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) today announced that it will host a conference call on Thursday, August 3, 2023 at 9:00 a.m. Central Time to discuss the second quarter 2023 earnings results, which will be released earlier that day.
  • Persons interested in Q&A participation may pre-register for the conference call and obtain a dial-in number and passcode at https://register.vevent.com/register/BI2ecc56df0e114ea58ced5740b23a1940 .
  • The partnership’s combined system has approximately 49 million barrels of storage capacity, and NuStar has operations in the United States and Mexico.
  • For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and its Sustainability page at https://sustainability.nustarenergy.com/ .

NuStar Recognized as one of the 2023 Fortune Best Workplaces in Texas by Great Place To Work® and Fortune Media

Retrieved on: 
Wednesday, June 14, 2023

NuStar Energy L.P. (NYSE: NS) announced today that it has been recognized as one of the Best Workplaces in Texas by Great Place To Work® and Fortune Media for 2023.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) announced today that it has been recognized as one of the Best Workplaces in Texas by Great Place To Work® and Fortune Media for 2023.
  • Earlier this year, NuStar was also recognized as one of the 100 Best Companies to Work For® by Great Place To Work® and Fortune Media.
  • To determine the Fortune Best Workplaces in Texas™ List, Great Place To Work surveyed more than 100,000 employees at eligible companies.
  • “Congratulations to the Best Workplaces in Texas,” said Michael C. Bush, CEO of Great Place To Work.

NuStar to Participate in the J.P. Morgan Energy, Power & Renewables Conference

Retrieved on: 
Wednesday, June 14, 2023

NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 21, 2023 and Thursday, June 22, 2023.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 21, 2023 and Thursday, June 22, 2023.
  • The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Wednesday, June 21, 2023.
  • 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.
  • The partnership’s combined system has approximately 49 million barrels of storage capacity, and NuStar has operations in the United States and Mexico.

NuStar Energy L.P.’s 2022 Schedule K-3 Now Available

Retrieved on: 
Wednesday, May 31, 2023

NuStar Energy L.P. (NYSE: NS) today announced that its 2022 Schedule K-3, reflecting items of international tax relevance, is available online.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) today announced that its 2022 Schedule K-3, reflecting items of international tax relevance, is available online.
  • Unitholders requiring this information may access their Schedules K-3 at www.nustarenergy.com in the Investors section of the website.
  • The partnership’s combined system has approximately 49 million barrels of storage capacity, and NuStar has operations in the United States and Mexico.
  • For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and its Sustainability page at https://sustainability.nustarenergy.com/ .

NuStar to Participate in the 20th Annual Energy Infrastructure CEO & Investor Conference

Retrieved on: 
Wednesday, May 17, 2023

NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the 20th Annual Energy Infrastructure CEO & Investor Conference on Tuesday, May 23, 2023 and Wednesday, May 24, 2023.

Key Points: 
  • NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in meetings with members of the investment community at the 20th Annual Energy Infrastructure CEO & Investor Conference on Tuesday, May 23, 2023 and Wednesday, May 24, 2023.
  • The materials to be discussed in the meetings will be available on the partnership’s website by 9:00 a.m. Eastern Time, Tuesday, May 23, 2023.
  • 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.
  • For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and its Sustainability page at https://sustainability.nustarenergy.com/ .

OCI Global and NuStar Sign Agreement to Deliver Ammonia into the Midwest

Retrieved on: 
Wednesday, May 3, 2023

OCI Global (Euronext: OCI) and NuStar Energy L.P. (NYSE: NS) announced today that their affiliates have entered into an agreement for OCI Global (“OCI”) to transport ammonia on a new segment of NuStar Pipeline Operating Partnership L.P.’s (“NuStar”) Ammonia Pipeline System.

Key Points: 
  • OCI Global (Euronext: OCI) and NuStar Energy L.P. (NYSE: NS) announced today that their affiliates have entered into an agreement for OCI Global (“OCI”) to transport ammonia on a new segment of NuStar Pipeline Operating Partnership L.P.’s (“NuStar”) Ammonia Pipeline System.
  • To facilitate the project, OCI has committed $30 million in capital expenditures for new ammonia cooling and storage infrastructure.
  • The proposed infrastructure will allow OCI to economically transport ammonia from the Gulf Coast and capitalize on its existing storage capacity.
  • This highly cost-effective project will allow us to safely and sustainably reach new customers, strengthens our position in the premium U.S. Midwest market and is one further step in our ammonia logistics,” said OCI Global CEO Ahmed El-Hoshy.

NuStar Energy L.P. Declares First Quarter 2023 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions

Retrieved on: 
Thursday, April 27, 2023

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.

Key Points: 
  • 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.
  • The first quarter common unit distribution will be paid on May 12, 2023 to holders of record as of May 8, 2023.
  • 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.
  • The preferred unit distributions will be paid on June 15, 2023 to holders of record as of June 1, 2023.