NuStar Energy LP (NuStar Energy LP) Interest Expense

: $-241 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NuStar Energy LP's interest expense for the three months ended in Dec. 2023 was $ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-241 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. NuStar Energy LP's Operating Income for the three months ended in Dec. 2023 was $ 132 Mil. NuStar Energy LP's Interest Expense for the three months ended in Dec. 2023 was $ -63 Mil. NuStar Energy LP's Interest Coverage for the quarter that ended in Dec. 2023 was 2.11. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NuStar Energy LP Interest Expense Historical Data

The historical data trend for NuStar Energy LP's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NuStar Energy LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-183.07

-229.05

-213.99

-209.01

-241.36

NuStar Energy LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-55.96	-57.37	-58.17	-63.13	-62.70

NuStar Energy LP Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-241 Mil.

NuStar Energy LP (NYSE:NS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NuStar Energy LP's Interest Expense for the three months ended in Dec. 2023 was $-63 Mil. Its Operating Income for the three months ended in Dec. 2023 was $132 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,410 Mil.

NuStar Energy LP's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	132.071	/	-62.698
	=	2.11

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. NuStar Energy LP interest coverage is 1.94, which is low.

NuStar Energy LP (NuStar Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NuStar Energy LP (NYSE:NS) » Definitions » Interest Expense

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Address

19003 IH-10 West, San Antonio, TX, USA, 78257

Website

https://www.nustarenergy.com

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.

Executives

Suzanne Allford Wade	director	19003 IH-10W, SAN ANTONIO TX 78257
William E Greehey	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Martin Salinas	director	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Eddie Arthur Grier	director	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Daniel S. Oliver	officer: SVP-Marketing and Bus Dev	19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A.	officer: SVP and Controller	19003 IH-10 WEST, SAN ANTONIO TX 78257
Dan J Hill	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Jesse D Bates	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
William Grady Rosier	director	1111 MILLCREEK DRIVE, SALADO TX 76571
Robert J Munch	director	19003 IH-10 W, SAN ANTONIO TX 78257
Mary Rose Brown	officer: EVP - Administration	19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron	officer: EVP & General Counsel	19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf	officer: SVP & Controller	19003 IH-10 WEST, SAN ANTONIO TX 78257