This is Our adjusted EBITDA for full-year 2022 was $722 million, compared to 2021 adjusted EBITDA of $705 million. NuStar currently has approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable . NuStar, whose CEO is Brad Barron, has the option to extend its lease through two additional 10-year periods until March 2063. efforts that benefited the surrounding community. This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d) and 1.1446(f). San Antonio's NuStar Energy posts best fourth quarter in its history Investor Relations: 210-918-INVR (4687) Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Be helpful and seek help from others when you need it. Photos: King William Fair and Parade mark Fiestas final Seguin amusement park shown in HBO Max show about Texas Hill Country property near San Antonio to become state park. In 2019, we formed an ESG Task Force to focus on sustainability reporting and build upon our best practices. 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. Declares First Quarter 2023 Common Unit Distribution The company is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar Energy, L.P. NS along with Neste, a renewable fuels firm, recently announced that supply trucks will now load Neste MY Sustainable Aviation FuelTM at the NuStar . Learn more about NuStars caring and sharing culture. NuStar Energy sells North Side HQ for $103 million but will stay there, SAPD calls: Body in flooded creek; man dead after hit by train. transaction, which is expected to have an effective date of January 1, NuStar Energy L.P. Declares First Quarter 2023 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions. The refinery has an outstanding group of employees and we an excellent opportunistic purchase for us, even though fuels refining Automotive Designer, Manufacturer Leases 113,742 SF of Industrial Space in Pontiac, Mich. 3 Tampa, Fla., Industrial Properties Sold for $33Mln, Rochester, Minn., Apartment Property Sells for $26.9Mln, 356,222-SF Refrigerated Warehouse to Break Ground Soon in Lancaster, Texas, Dallas City Council Approves Development of 615-Unit Affordable-Housing Project, Crow Holdings to Construct 800,000-SF Industrial Building in Lancaster, Texas, Construction Underway on Rental Home Property in Princeton, Texas, Boeing Credit Union Lends $25Mln Against Tacoma, Wash., Apartments, Kairos Gets $175Mln Fannie Credit Facility from Berkadia, CRE Lending Volumes Increased by 14.5 Percent Last Year; Maturities Loom, Pyramids Crossgates Mall Faces May Mortgage Maturity, Macerich Seen Offering Niagara Falls Outlet Center for Sale, Veritas in Talks to Possibly Sell Apartments Backing Large CMBS Loan, CMBS Loan Against Phila.s Wanamaker Building Office Space Transfers to Special Servicer, Development Pros Form Imperium to Build Apartments in Southeast, Sunbelt, Partners Capital Adds Dallas-Area Acquisitions Pro, Paul Donahue Joins Greystone as Managing Director, Cushman & Wakefield Hires Michael Madden as Director of Occupier Services Group, Charlie Crowe Joins NewPoint Real Estate as Director of Originations. NuStar purchased the refinery and terminal out of We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. 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. And Houston-based natural gas company Tellurian is selling land in Louisiana as part of a $1 billion lease back, the outlet reported. NuStar Energy Agrees to Sell Its San Antonio Refinery and Related Assets to Calumet Specialty Products Partners, L.P. Copyright NuStar Energy L.P. All Rights Reserved. 100% of the distribution is in excess of cumulative net income for purposes of Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). 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,. It has been working to reduce debt and the lease-buyback enables it to make money from a non-earning asset, it said. 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. We are proud to be a company that safely transports and stores liquid fuels, including fossil fuels and lower carbon intensity renewable fuels, in an environmentally responsible way to meet those needs. SAN ANTONIO--(BUSINESS WIRE)--Dec. 17, 2012-- 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. For full-year 2022, our Fuels Marketing Segment generated near-record operating income and EBITDA of $34 million, which was an increase of approximately $23 million compared to full-year 2021 operating income and EBITDA of $11 million.
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