NuStar Energy L.P.
Industrials · Pipe Lines (No Natural Gas) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | $1.62B | $1.48B | $1.50B | $1.52B |
| Operating income | $510.2M | $408.8M | $236.5M | $209.1M | $390.9M | $335.7M |
| Net income | $273.7M | $222.7M | $38.2M | −$199.0M | −$105.7M | $205.8M |
| Total assets | $4.90B | $4.97B | $5.16B | $5.82B | $6.19B | $6.35B |
| Total liabilities | $3.85B | $3.62B | $3.56B | $3.99B | $3.83B | $3.53B |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 110.9M | 110.1M | 109.5M | 108.5M | 107.3M | 93.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- —
- Return on assets
- 5.6%
- Return on capital (ROCE)
- 10.9%
- Liabilities / assets
- 78.6%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 22.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- −4.9%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligation · Delisting / listing-standard notice · Modified shareholder rightsJun 5, 2024
- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosure · Other material eventMay 3, 2024
- Shareholder vote · Regulation FD disclosureMay 2, 2024
- Shareholder voteApr 29, 2024
- Other material eventApr 22, 2024
- Other material eventApr 15, 2024
- Other material eventApr 9, 2024
- Results of operationsFeb 15, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.