NuStar Energy

Annual Report Presentation

By: Jackie Byer, Caitlin Leonard,
Charles Rocco,Sarah Agee

Company Overview
Company Name: NuStar Energy L.P. (Limited Partnership)
Industry: Petroleum Industry
Services Offered:
Store petroleum products, transport petroleum products and anhydrous
ammonia, and market petroleum products
Location:
Executive offices in San Antonio, Texas
National: Mostly in the central part of the United States
International: Mostly in Europe and the Caribbeans

Corporate Goals, Strategies, and Highlights

Goals for the Company:
Increase per unit cash distributions to NuStar partners
Promote internal growth by enhancing the utilization of currently owned
assets
Provide complementary operations
Continuously improve safety and asset integrity
Recent Performance:
In February 2014, they sold their remaining ownership in Asphalt JV to
Lindsay Goldberg L.L.C (this was their exit from the asphalt business).
Revenues in 2013 were down $2,482,004 from 2012
They reported an operating loss of $19,121
Could not find anything mentioned about new markets or new products.

Statement of Cash Flows

-NuSatr Energy uses the indirect method
-The net change in cash as of September 30, 2014 is
$25,686
-Most of their cash comes from selling products. At the
end of September 2014 their product sales were at a total
of $1,637,829
-The major use of cash is property,plant, and equipment
reaching up to $3,000,000 at the end of September 2014

Balance Sheet
Current Ratio: Current Assets/Current
Liabilities
CR for 2014=633,549/392,572=1.613
CR for 2013=939,443/845,971=1.110
*Indicates NuStar will be more capable of
paying back short-term liabilities with shortterm assets.

Income Statement
Profit Margin: Net Income/Sales Revenue
PM for 2014: 284,671/2,525,594=0.113
PM for 2013: 227,237/5,075,579=0.045
*Used to show how much of every dollar of
sales revenue a company keeps for earnings

Auditors Report
Contingent Liabilities
Various Litigation, claims and commitments

Auditors
Ernst & Young LLP
Deemed NuStar to be in accordance of standard
accounting principles

Invest!
NuStar sits at $60.37 a share, up 7 cents since Monday
Market cap 4.66 Billion
Dividends are very rare and low
NuStar will continue to be a driving company in the
petroleum industry. Stock prices fluctuate frequently but
at a very small amount. This is a safer than most, long
term investment.