Headlines about Nustar Energy L.P. (NYSE:NS) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nustar Energy L.P. earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned press coverage about the pipeline company an impact score of 45.3628768221275 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
Shares of Nustar Energy L.P. (NYSE:NS) opened at $31.73 on Friday. The stock has a market cap of $2,951.94, a price-to-earnings ratio of 83.50 and a beta of 1.32. Nustar Energy L.P. has a one year low of $31.21 and a one year high of $55.64. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 1.77.
Nustar Energy L.P. (NYSE:NS) last released its earnings results on Tuesday, November 7th. The pipeline company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.12). Nustar Energy L.P. had a return on equity of 6.89% and a net margin of 6.09%. The company had revenue of $440.60 million during the quarter, compared to the consensus estimate of $413.81 million. During the same period in the previous year, the firm posted $0.49 EPS. Nustar Energy L.P.’s revenue for the quarter was down .2% on a year-over-year basis. analysts expect that Nustar Energy L.P. will post 0.88 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Thursday, November 9th will be given a dividend of $1.095 per share. This represents a $4.38 dividend on an annualized basis and a dividend yield of 13.80%. The ex-dividend date is Wednesday, November 8th. Nustar Energy L.P.’s dividend payout ratio is presently 1,152.66%.
NS has been the subject of a number of research analyst reports. Wells Fargo & Company cut shares of Nustar Energy L.P. from an “outperform” rating to a “market perform” rating in a report on Monday, July 17th. Zacks Investment Research raised 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. UBS AG reaffirmed a “buy” rating and issued a $53.00 target price (down from $56.00) on shares of Nustar Energy L.P. in a research note on Monday, July 31st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $46.00 target price on shares of Nustar Energy L.P. in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. Nustar Energy L.P. has a consensus rating of “Hold” and a consensus target price of $42.56.
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In other news, Director William E. Greehey bought 43,101 shares of Nustar Energy L.P. stock in a transaction on Thursday, August 24th. The stock was purchased at an average cost of $38.69 per share, with a total value of $1,667,577.69. Following the purchase, the director now directly owns 3,497,763 shares of the company’s stock, valued at approximately $135,328,450.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director William E. Greehey purchased 6,899 shares of Nustar Energy L.P. stock in a transaction dated Wednesday, August 23rd. The stock was bought at an average cost of $38.61 per share, with a total value of $266,370.39. Following the completion of the purchase, the director now owns 3,454,662 shares in the company, valued at approximately $133,384,499.82. The disclosure for this purchase can be found here. Insiders own 4.10% of the company’s stock.
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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