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NuStar Energy LP (NuStar Energy LP) Momentum Rank : 6 (As of Apr. 27, 2024)


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What is NuStar Energy LP Momentum Rank?

NuStar Energy LP has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of NuStar Energy LP's Momentum Rank

For the Oil & Gas Midstream subindustry, NuStar Energy LP's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NuStar Energy LP's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NuStar Energy LP's Momentum Rank distribution charts can be found below:

* The bar in red indicates where NuStar Energy LP's Momentum Rank falls into.



NuStar Energy LP Momentum Rank Related Terms

Thank you for viewing the detailed overview of NuStar Energy LP's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


NuStar Energy LP (NuStar Energy LP) Business Description

Traded in Other Exchanges
Address
19003 IH-10 West, San Antonio, TX, USA, 78257
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