Somewhat Positive News Coverage Somewhat Unlikely to Affect Nustar Energy L.P. (NS) Share Price
Media headlines about Nustar Energy L.P. (NYSE:NS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nustar Energy L.P. earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the pipeline company an impact score of 45.6541578811658 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Nustar Energy L.P. (NS) Director Acquires $1,667,577.69 in Stock (americanbankingnews.com)
- Zacks: Brokerages Anticipate NuStar Energy L.P. (NS) Will Post Earnings of $0.31 Per Share (americanbankingnews.com)
- Greehey Acquires 6899 Shares of Nustar Energy LP (NS) Stock (iphonefresh.com)
- Nustar Energy L.P. (NS) Raised to Sell at BidaskClub (americanbankingnews.com)
- Nustar Energy L.P. (NS) Director Buys $266,370.39 in Stock (americanbankingnews.com)
Several brokerages recently commented on NS. Wells Fargo & Company cut shares of Nustar Energy L.P. from an “outperform” rating to a “market perform” rating in a research note on Monday, July 17th. Zacks Investment Research upgraded shares of Nustar Energy L.P. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 19th. BidaskClub cut shares of Nustar Energy L.P. from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Stifel Nicolaus reiterated a “hold” rating and issued a $46.00 price objective on shares of Nustar Energy L.P. in a research note on Friday, June 30th. Finally, UBS AG reiterated a “buy” rating and issued a $53.00 price objective (down previously from $56.00) on shares of Nustar Energy L.P. in a research note on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $51.00.
Nustar Energy L.P. (NYSE:NS) opened at 39.00 on Tuesday. Nustar Energy L.P. has a 12 month low of $37.30 and a 12 month high of $55.64. The firm has a market cap of $3.63 billion, a PE ratio of 53.57 and a beta of 1.38. The firm’s 50-day moving average is $43.14 and its 200-day moving average is $47.32.
Nustar Energy L.P. (NYSE:NS) last posted its earnings results on Friday, July 28th. The pipeline company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by $0.28. The company had revenue of $435.49 million for the quarter, compared to analyst estimates of $500.83 million. Nustar Energy L.P. had a return on equity of 8.11% and a net margin of 6.77%. Nustar Energy L.P.’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 earnings per share. Equities analysts expect that Nustar Energy L.P. will post $1.19 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, August 11th. Stockholders of record on Monday, August 7th were given a dividend of $1.095 per share. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $4.38 annualized dividend and a dividend yield of 11.23%. Nustar Energy L.P.’s payout ratio is currently 608.33%.
In other Nustar Energy L.P. news, Director Jesse D. Bates acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were acquired at an average price of $43.34 per share, for a total transaction of $43,340.00. Following the acquisition, the director now directly owns 7,818 shares of the company’s stock, valued at approximately $338,832.12. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William E. Greehey acquired 6,899 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The shares were acquired at an average price of $38.61 per share, for a total transaction of $266,370.39. Following the acquisition, the director now directly owns 3,454,662 shares in the company, valued at $133,384,499.82. The disclosure for this purchase can be found here. Insiders have bought a total of 102,000 shares of company stock valued at $4,113,098 over the last 90 days. Corporate insiders own 4.10% of the company’s stock.
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About Nustar Energy L.P.
NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company’s segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.
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