Shares of Nustar Energy L.P. (NYSE:NS) Sees Large Inflow of Net Money Flow

Nustar Energy L.P. (NYSE:NS) traded negative at $50.88. On an intraday basis, the price dropped -0.39 points or -0.76%. The composite uptick value was $3.64 million while the combined downtick value was $2.08. The net money flow was $1.56 million while the up/down ratio was not very comforting at 1.75. The shares on a weekly note has seen a change in share price of -0.63%.According to the trading data, the shares saw a block trade with $1.43 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 1.43.


Currently the company Insiders own 4.1% of Nustar Energy L.P. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.7% . Institutional Investors own 49.12% of Nustar Energy L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 1.7%. On the companys insider trading activities, Greehey William E, director of Nustar Energy L.P., executed a transaction worth $2,469,000 on May 3, 2016. A total of 50,000 shares were purchased at an average price of $49.38. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Nustar Energy L.P. (NYSE:NS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.88 points or 1.72% at $50.39 with 430,040 shares getting traded. Post opening the session at $50.84, the shares hit an intraday low of $50.25 and an intraday high of $51.37 and the price was in this range throughout the day. The company has a market cap of $3,925 million and the number of outstanding shares have been calculated to be 77,886,078 shares. The 52-week high of Nustar Energy L.P. (NYSE:NS) is $63.02 and the 52-week low is $25.65.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, JP Morgan maintains its rating on Nustar Energy L.P. (NYSE:NS).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, JP Morgan raises the new price target from $45 per share to $49 per share. The rating by the firm was issued on May 16, 2016.

NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products. The Company conducts its operations through its wholly owned subsidiaries, primarily NuStar Logistics, L.P. (NuStar Logistics) and NuStar Pipeline Operating Partnership L.P. (NuPOP). It operates in three business segments: pipeline, storage and fuels marketing. The Companys pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia. The Companys storage segment includes terminal and storage facilities that provide storage, handling and other services for petroleum products, crude oil, specialty chemicals and other liquids. The Companys fuels marketing segment involve the purchase of crude oil, fuel oil, bunker fuel, fuel oil blending components and other refined products for resale.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.