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NuStar Energy LP (NuStar Energy LP) EBIT : $520 Mil (TTM As of Dec. 2023)


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What is NuStar Energy LP EBIT?

NuStar Energy LP's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $135 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $520 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NuStar Energy LP's annualized ROC % for the quarter that ended in Dec. 2023 was 10.82%. NuStar Energy LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NuStar Energy LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.29%.


NuStar Energy LP EBIT Historical Data

The historical data trend for NuStar Energy LP's EBIT 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 EBIT Chart

NuStar Energy LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 394.66 32.73 256.10 435.00 520.44

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
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 148.47 164.49 105.50 115.45 134.99

Competitive Comparison of NuStar Energy LP's EBIT

For the Oil & Gas Midstream subindustry, NuStar Energy LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NuStar Energy LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NuStar Energy LP's EV-to-EBIT falls into.



NuStar Energy LP EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $520 Mil.

* 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.


NuStar Energy LP  (NYSE:NS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NuStar Energy LP's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=528.284 * ( 1 - 2.63% )/( (4717.427 + 4792.909)/ 2 )
=514.3901308/4755.168
=10.82 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4912.296 - 251.44 - ( 4.371 - max(0, 256.165 - 199.594+4.371))
=4717.427

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4896.392 - 137.367 - ( 2.765 - max(0, 220.986 - 187.102+2.765))
=4792.909

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

NuStar Energy LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=539.952/( ( (3287.229 + max(-56.217, 0)) + (3282.537 + max(-25.51, 0)) )/ 2 )
=539.952/( ( 3287.229 + 3282.537 )/ 2 )
=539.952/3284.883
=16.44 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.651 + 17.336 + 21.236) - (251.44 + 0 + 0)
=-56.217

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(135.787 + 18.623 + 29.927) - (137.367 + 27.131 + 45.349)
=-25.51

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NuStar Energy LP's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=520.439/6275.878
=8.29 %

* 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.


NuStar Energy LP EBIT Related Terms

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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