Nustar Energy L P Set to Announce Q2 Earnings Results: Here’s What to Expect

August 19, 2023


Investors and stakeholders eagerly anticipate the forthcoming earnings call of Nustar Energy L P, a renowned energy company in the market. Scheduled for August 3, 2023, at 10:00 AM EST, this event will provide crucial insights into the company’s performance during the second quarter. In this article, we will delve into fundamental analysis, historical guidance, technical analysis, and analysts’ estimates to gauge what we might expect from Nustar Energy L P‘s upcoming earnings call.

Fundamental Analysis:

ReportDate NetIncome TotalRevenue DilutedEPS unit
Q2 2023-06-30 45.5 378.3 0.20 million USD
Q1 2023-03-31 105.3 393.9 0.61 million USD
Q4 2022-12-31 90.9 430.0 0.18 million USD
Q3 2022-09-30 59.0 413.2 0.20 million USD
Q2 2022-06-30 58.6 430.2 0.20 million USD

To conduct a thorough fundamental analysis, we examine Nustar Energy L P‘s financial data from the past year. In the second quarter of 2023, Nustar Energy L P reported a net income of $45.5 million on total revenues of $378.3 million. The diluted earnings per share (EPS) stood at $0.20 during this period. Comparing this to previous quarters, we observe a slight decrease in net income from the first quarter of 2023, which reported $105.3 million. However, it is essential to note that every quarter has its unique set of challenges and variables.

Historical Guidance:

Nustar Energy L P has maintained a consistent earnings performance over the past year, with EPS ranging between $0.18 and $0.61 million USD. Such stability indicates a secure financial footing for the company. Additionally, historical data provides valuable insights into potential trends and patterns within Nustar Energy L P‘s performance, which can guide investors in formulating informed decisions.

Technical Analysis:

since low high change change%
1D 2023-08-17 15.5 16.0 0.4 2.4
5D 2023-08-11 15.0 16.0 0.3 2.1
1M 2023-07-19 15.0 18.2 -1.4 -8.1
3M 2023-05-15 15.0 18.2 -0.4 -2.5

Analyzing Nustar Energy L P‘s past three months’ price performance shows several fluctuations. Currently priced at $15.5 USD with a high of $16.0 USD, the stock has experienced a recent upward trend, rising by 2.4%. Over the past month, however, the stock witnessed a decline of -8.1%, highlighting possible market volatility. Investors keen on comprehending short-term market trends can use technical analysis to guide their strategies.

Analysts’ Estimates:

According to MorningStar consensus estimates, analysts predict Nustar Energy L P to report an adjusted EPS of $0.43 for the second quarter. These estimates have remained unchanged over the past seven days, 30 days, 60 days, and 90 days. The stability in analysts’ estimates signifies a level of confidence in Nustar Energy L P‘s ability to meet or exceed expectations.

Analysis and Conclusion:

While past performance should not be considered an indication of future results, it does provide valuable insights for investors and stakeholders. Nustar Energy L P has a track record of maintaining a stable financial position and delivering consistent earnings per share. However, it is crucial to closely watch the upcoming earnings call to gain further clarity on the company’s performance during the second quarter of 2023.

Investors and stakeholders should tune in to the earnings call for Nustar Energy L P on August 3, 2023, at 10:00 AM EST. During this call, key financial metrics will be discussed, providing a comprehensive analysis of the company’s performance and offering valuable guidance for potential investors.

Moreover, the stable analysts’ estimates indicate that Nustar Energy L P is well-positioned to meet or even exceed market expectations. This can instill confidence in current shareholders and attract potential investors seeking a reliable energy company with a consistent earnings track record.

The recent uptick in Nustar Energy L P‘s stock price indicates positive market sentiment surrounding the company, with a 2.4% increase in the past day alone. Although short-term trends can be volatile, this positive movement suggests that investors see potential value in Nustar Energy L P‘s future prospects.

In conclusion, Nustar Energy L P‘s upcoming earnings call holds significant importance for investors and stakeholders alike. By analyzing the fundamental, technical, and historical aspects of the company, we can gain valuable insights that will inform our investment decisions. Stay tuned to the earnings call to gain a comprehensive understanding of Nustar Energy L P‘s performance and make informed decisions about your investments.

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