Nustar Energy L.P. Common Unit (NS) Hits 52-Week Low


The company is now down from yesterday’s close of 34.77. Company shares are trading at $33.60 quite a bit below $39.54, the stock’s 50 day moving average and which is quite a bit lower than the 200 day moving average of $43.59. The 50 day moving average was down by -15.02% whereas the 200 day average was down by -22.91%.

Traders are more bullish on Nustar Energy L.P. Common Unit of late if you take a look at the decrease in short interest. The company saw a fall in short interest between September 15, 2017 and September 29, 2017 of -3.43%. Short interest fell 86,580 over that period. With short interest at 2,435,740 and short average daily volume at 223,729, the short-interest ratio is 11.0 and the percentage of shorted shares was 0.03% on September 29.

NuStar Energy L.P., launched on December 7, 1999, is involved in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Business’s segments include pipeline, storage and fuels marketing. The Company conducts its operations through its subsidiaries, primarily NuStar Logistics, L.P. (NuStar Logistics) and NuStar Pipeline Operating Partnership L.P. (NuPOP). As of May 4, 2017, it had more than 9,200 miles of pipeline and 81 terminal and storage facilities that provide approximately 96 million barrels of storage capacity..

Additionally, here are a few investment firms who have increased or decreased their stake in (NS). Creative Planning bolstered its stake by buying 13,655 shares an increase of 34.8% in the quarter. Creative Planning now holds 52,911 shares valued at $2,148,000. The total value of its holdings increased 17.3%. Winslow, Evans & Crocker, Inc. trimmed its holdings by selling 1,766 shares a decrease of 54.6% as of 09/30/2017. Winslow, Evans & Crocker, Inc. owns 1,466 shares worth $59,506,000. The value of the position overall is down by 62.4%.

As of quarter end Beech Hill Advisors, Inc. had sold a total of 300 shares trimming its holdings by 5.4%. The value of the investment in (NS) went from $261,000 to $215,000 a change of 17.6% quarter over quarter. Wealthtrust-arizona, LLC augmented its investment by buying 50 shares an increase of 0.4% from 06/30/2017 to 09/30/2017. Wealthtrust-arizona, LLC claims 12,956 shares with a value of $526,000. The total value of its holdings decreased 12.6%.

The company recently announced a dividend to be paid on Tuesday November 14th, 2017. The dividend payment will be $1.095 per share for the quarter which is $4.38 annualized. The dividend yield will be $12.24. The ex-dividend date is set for Thursday the 3rd of August 2017.

The most current P/E ratio is 46.15 and the market value is 3.13B. In the last earnings report the EPS was $0.73 and is estimated to be $1.09 for the current year with 93,031,000 shares outstanding. Next quarter’s EPS is forecasted at $0.28 and the next full year EPS is anticipated to be $1.60.