NuStar Energy LP (NuStar Energy LP) Long-Term Capital Lease Obligation

: $51 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

NuStar Energy LP's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $51 Mil.

NuStar Energy LP's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($51 Mil).

NuStar Energy LP's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($53 Mil) to Dec. 2022 ($51 Mil) and declined from Dec. 2022 ($51 Mil) to Dec. 2023 ($51 Mil).

NuStar Energy LP Long-Term Capital Lease Obligation Historical Data

The historical data trend for NuStar Energy LP's Long-Term Capital Lease Obligation 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

Long-Term Capital Lease Obligation

54.24

52.93

51.13

50.71

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
Long-Term Capital Lease Obligation																51.13	-	-	-	50.71

NuStar Energy LP (NYSE:NS) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

NuStar Energy LP Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of NuStar Energy LP's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

NuStar Energy LP (NuStar Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NuStar Energy LP (NYSE:NS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

HESM INSW VNOM GLNG KNTK PAGP STNG TNK DHT LPG TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

NSpC.PFD:USA NSpB.PFD:USA NSpA.PFD:USA

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