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As of December 31, 2015, NuStar GP, LLC had 1,251 domestic employees and certain of their wholly owned subsidiaries had 393 employees performing services for their international operations. [ 3 ] In 2018 Inter Pipeline acquired NuStar Energy L.P.'s European bulk liquid storage business ("NuStar Europe") for cash consideration of US$270 million ...
Valero Energy Corporation is an American-based fuels producer mostly ... Valero L.P. was spun off and renamed NuStar Energy. [12 ... the company bought 72 ...
On May 3, 2024, Sunoco LP acquired NuStar Energy LP for $7.3 billion. [74] As reported by J.P. Morgan analysts, the acquisition “represented a transformative shift in strategy to a more diversified and vertically integrated business.” [ 75 ] Assets added in the acquisition included a network of approximately 9,500 miles of pipeline and 63 ...
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About NuStar Energy L.P. NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation.
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In 2018 Inter Pipeline Ltd. acquired NuStar Energy L.P.'s European bulk liquid storage business ("NuStar Europe") for cash consideration of US$270 million. [15] In August 2019 Inter Pipeline Ltd. announced that it was exploring the sale of its European bulk liquid storage business. [16]
NuStar Energy (NYS: NS) carries $889 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.