Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
NuStar Energy LP, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
NuStar Energy LP, Oil & Gas Deals By Type, 2012 to YTD 2018 8
NuStar Energy LP, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
NuStar Energy LP, Oil & Gas, Deals By Sector, 2012 to YTD 2018 10
NuStar Energy LP, Oil & Gas, Deals Summary, 2012 to YTD 2018 11
NuStar Energy LP, Oil & Gas, Deal Details 13
Asset Purchase 13
NuStar Energy Acquires Council Bluffs System In Kansas From CHS For US$38 Million 13
NuStar Logistics Completes Acquisition Of Terminalling Assets In Texas From Martin Midstream 14
NuStar Energy Acquires Remaining 50% Joint Venture Interest In Refined Products Terminal In Linden, New Jersey, From Linden Holding For US$142.5 Million 16
NuStar Energy Completes Acquisition Of Midstream Assets In EagleFord Shale, Texas From TexStar Midstream Services For US$325 Million 17
NuStar Energy To Acquire Midstream Natural Gas Liquids Assets In EagleFord Shale, Texas From TexStar Midstream Services For US$100 Million 19
Private Equity 21
BlackRock And Navigator Energy Complete Acquisition Of 100% Stake In Glass Mountain Pipeline From NGL Energy Partners And SemGroup For US$600 Million 21
First Reserve Acquires Navigator Energy Services For Up To US$250 Million 23
Lindsay Goldberg Completes Acquisition Of 50% Stake In NuStar Asphalt From NuStar Energy For US$175 Million 24
Partnerships 26
NuStar Energy To Form Joint Venture With PMI 26
Equity Offering 27
NuStar Energy Completes Private Placement Of Series D Preferred Units For US$590 Million 27
NuStar Energy Completes Private Placement Of Common Units For US$10 Million 29
NuStar Energy Completes Public Offering Of Preferred Units For US$150 Million 30
NuStar Energy Completes Public Offering Of Series B Preferred Units For US$385 Million 32
NuStar Energy Completes Public Offering Of Units For US$666.3 Million 34
NuStar Energy Completes Public Offering Of Preferred Units For US$200 Million 36
NuStar Energy Completes Public Offering Of Units For US$349 Million 38
Debt Offering 40
NuStar Logistics Completes Public Offering Of 5.625% Notes, Due 2027 For US$550 Million 40
NuStar Logistics Completes Public Offering Of 6.75% Notes Due 2021 For US$300 Million 42
NuStar Logistics Completes Public Offering Of Notes Due 2043 For US$402.5 Million 44
NuStar Logistics Completes Private Placement Of 4.75% Senior Notes Due 2022 For US$250 Million 46
Asset Transactions 48
Epic Midstream Acquires Alamogordo Terminal In New Mexico From Nustar Energy 48
NuStar Energy Sells 75% Interest In Two Terminals In Turkey For US$13.4 Million 49
NuStar Energy Sells Three Terminals In Alabama For US$13.7 Million 50
Calumet Specialty Products Completes Acquisition Of Refining And Terminal Assets In Texas From NuStar Refining And NuStar Logistics For US$115 Million 51
NuStar Energy Sells Five Terminals In Georgia And Alabama For US$30.8 Million 53
Acquisition 54
NuStar Energy Completes Acquisition Of Navigator Energy For US$1.48 Billion 54
NuStar Energy Completes Sale Of 50% Interest In Asphalt Joint Venture To Lindsay Goldberg 56
SemGroup And Gavilon Acquire Additional 25% Stake Each In Glass Mountain Pipeline From Chesapeake Energy For US$99 Million 57
NuStar Energy LP – Key Competitors 58
NuStar Energy LP – Key Employees 59
NuStar Energy LP – Locations And Subsidiaries 60
Head Office 60
Other Locations & Subsidiaries 60
Recent Developments 62
Financial Announcements 62
Aug 07, 2018: NuStar Energy Announces 12% Increase in Second Quarter 2018 Net Income 62
Apr 26, 2018: NuStar Energy And NuStar GP Holdings Announce Earnings Results For First Quarter 2018 63
Nov 07, 2017: NuStar Energy Reports Earnings Results For Third Quarter Of 2017 65
Jul 28, 2017: Nustar Energy Reports Earnings Results For Second Quarter Of 2017 66
Apr 24, 2017: NuStar Energy Reports Earnings Results For First Quarter Of 2017 67
Jan 31, 2017: NuStar Energy Reports Earnings Results For 4Q 2016/Covers Quarterly Distribution For 11th Consecutive Quarter And Third Consecutive Year 68
Other Significant Developments 69
Jul 30, 2018: Howard Energy Partners Announces Open Season For Its Maverick Channel Pipeline 69
Mar 16, 2018: NuStar Announces No Expected Material Impact On FERC’s Tax Policy Change 70
Feb 08, 2018: NuStar Energy And NuStar GP Announce Merger Agreement, Anticipated Distribution Reset And Earnings Results For Fourth Quarter 2017 71
Jan 09, 2018: NuStar Energy Announces Open Season For Second Capacity Expansion Of NuStar’s Permian Crude System 74
Feb 27, 2017: NuStar Energy announces availability of Schedule K-1′s for Series A preferred units and common units 75
New Contracts Announcements 76
May 15, 2018: Valero Signs Long-Term Agreements To Supply Refined Products To Northern Mexico 76
Appendix 77
Methodology 77
About GlobalData 77
Contact Us 77
Disclaimer 77
NuStar Energy LP, Oil & Gas, Key Facts, 2017 2
NuStar Energy LP, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
NuStar Energy LP, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
NuStar Energy LP, Oil & Gas Deals By Type, 2012 to YTD 2018 8
NuStar Energy LP, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
NuStar Energy LP, Deals By Sector, 2012 to YTD 2018 10
NuStar Energy LP, Oil & Gas, Deals Summary, 2012 to YTD 2018 11
NuStar Energy Acquires Council Bluffs System In Kansas From CHS For US$38 Million 13
NuStar Logistics Completes Acquisition Of Terminalling Assets In Texas From Martin Midstream 14
NuStar Energy Acquires Remaining 50% Joint Venture Interest In Refined Products Terminal In Linden, New Jersey, From Linden Holding For US$142.5 Million 16
NuStar Energy Completes Acquisition Of Midstream Assets In EagleFord Shale, Texas From TexStar Midstream Services For US$325 Million 17
NuStar Energy To Acquire Midstream Natural Gas Liquids Assets In EagleFord Shale, Texas From TexStar Midstream Services For US$100 Million 19
BlackRock And Navigator Energy Complete Acquisition Of 100% Stake In Glass Mountain Pipeline From NGL Energy Partners And SemGroup For US$600 Million 21
First Reserve Acquires Navigator Energy Services For Up To US$250 Million 23
Lindsay Goldberg Completes Acquisition Of 50% Stake In NuStar Asphalt From NuStar Energy For US$175 Million 24
NuStar Energy To Form Joint Venture With PMI 26
NuStar Energy Completes Private Placement Of Series D Preferred Units For US$590 Million 27
NuStar Energy Completes Private Placement Of Common Units For US$10 Million 29
NuStar Energy Completes Public Offering Of Preferred Units For US$150 Million 30
NuStar Energy Completes Public Offering Of Series B Preferred Units For US$385 Million 32
NuStar Energy Completes Public Offering Of Units For US$666.3 Million 34
NuStar Energy Completes Public Offering Of Preferred Units For US$200 Million 36
NuStar Energy Completes Public Offering Of Units For US$349 Million 38
NuStar Logistics Completes Public Offering Of 5.625% Notes, Due 2027 For US$550 Million 40
NuStar Logistics Completes Public Offering Of 6.75% Notes Due 2021 For US$300 Million 42
NuStar Logistics Completes Public Offering Of Notes Due 2043 For US$402.5 Million 44
NuStar Logistics Completes Private Placement Of 4.75% Senior Notes Due 2022 For US$250 Million 46
Epic Midstream Acquires Alamogordo Terminal In New Mexico From Nustar Energy 48
NuStar Energy Sells 75% Interest In Two Terminals In Turkey For US$13.4 Million 49
NuStar Energy Sells Three Terminals In Alabama For US$13.7 Million 50
Calumet Specialty Products Completes Acquisition Of Refining And Terminal Assets In Texas From NuStar Refining And NuStar Logistics For US$115 Million 51
NuStar Energy Sells Five Terminals In Georgia And Alabama For US$30.8 Million 53
NuStar Energy Completes Acquisition Of Navigator Energy For US$1.48 Billion 54
NuStar Energy Completes Sale Of 50% Interest In Asphalt Joint Venture To Lindsay Goldberg 56
SemGroup And Gavilon Acquire Additional 25% Stake Each In Glass Mountain Pipeline From Chesapeake Energy For US$99 Million 57
NuStar Energy LP, Key Competitors 58
NuStar Energy LP, Key Employees 59
NuStar Energy LP, Subsidiaries 60
List of Figures
NuStar Energy LP, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
NuStar Energy LP, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
NuStar Energy LP, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
NuStar Energy LP, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
NuStar Energy LP, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
NuStar Energy LP, Oil & Gas, Deals by Type, 2012 to YTD 2018 8
NuStar Energy LP, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
NuStar Energy LP, Oil & Gas, Deals by Sector, 2012 to YTD 2018 10