NuStar Energy L.P. Reports Strong First Quarter 2023 Earnings Results
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NuStar Energy L.P. (NS) Tops Q1 EPS by 7c
May 4, 2023 7:21 AM EDTNuStar Energy L.P. (NYSE: NS) reported Q1 EPS of $0.24, $0.07 better than the analyst estimate of $0.17. Revenue for the quarter came in at $393.9 million versus the consensus estimate of $439.44 million.
Positive Outlook for Remainder of 2023
Shoaf also gave an update on full-year guidance for net income and adjusted EBITDA, as well as strategic capital and reliability capital for 2023.
While high inflation and volatility that distinguished 2022 have persisted so far this year, we expect to generate full-year 2023 net income in the range of $257 to $295 million and full-year 2023 adjusted EBITDA in the range... More
