NS Stock Summary and Trading Ideas (Nustar Energy LP | NYSE:NS)

NuStar Energy LP is a us-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.

Nustar Energy LP trades on the NYSE stock market under the symbol NS.

As of April 19, 2024, NS stock price climbed to $21.92 with 15,368 million shares trading.

NS has a beta of 0.70, meaning it tends to be less sensitive to market movements. NS has a correlation of 0.08 to the broad based SPY ETF.

NS has a market cap of $2.77 billion. This is considered a Mid Cap stock.

Last quarter Nustar Energy LP reported $452 million in Revenue and $.37 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.10.

In the last 3 years, NS stock traded as high as $24.50 and as low as $12.80.

The top ETF exchange traded funds that NS belongs to (by Net Assets): AMLP, MLPA, AMZA, MLPX, DIV.

NS has outperformed the market in the last year with a return of +48.9%, while the SPY ETF gained +22.2%. In the last 3 month period, NS beat the market returning +23.8%, while SPY returned +5.2%. However, in the most recent 2 weeks NS has underperformed the stock market by returning -4.5%, while SPY returned -2.6%.

NS support price is $21.27 and resistance is $22.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NS stock will trade within this expected range on the day.