Stratrix
On the Record · NuStar Energy

NuStar Energy acquisitions, on the record

The businesses NuStar Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Eastern U.S. Terminals Operations
Word for word“On October 8, 2021, we completed the sale of the Eastern U.S. Terminals Operations.” 10-K for 2021
divestitureOctober 8, 2021—
Point Tupper facility
Word for word“We expect to complete the sale in the first half of 2022 and utilize the sales proceeds to improve our debt metrics.” 10-K for 2021
agreed divestiturein the first half of 2022—
European operations
Word for word“Eustatius Operations met the requirements to be reported as discontinued operations since the St. Eustatius Disposition and the sale of the European operations in November 2018 together represented a strategic shift that will have a major impact on our operations and financial results.” 10-K for 2021
divestitureNovember 2018—
Point Tupper Terminal Operations
Word for word“We believe that the sales price of $ 60.0 million provided a reasonable indication of the fair value of the Point Tupper Terminal Operations as it represented an exit price in an orderly transaction between market participants.” 10-K for 2022
divestiture—$ 60.0 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$95.7 million—
2017-12-31$1.46 billion$400.8 million
2018-12-31$37.5 million—
2019-12-31$0—
2020-12-31$0—

Deal filings since 2016

Read from NuStar Energy’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.