Back to top

Analyst Blog

San Antonio-based publicly traded partnership, NuStar Energy LP (NS - Analyst Report), reported the completion of its North Beach Terminal’s private marine loading dock ahead of time. The terminal is located in Corpus Christi, Texas. The construction of the dock was expected to be finished by the second quarter of 2014.

The project was completed before schedule to meet the mounting shipment demand of Eagle Ford crude oil. The development consists of several 30-inch and 12-inch pipelines to transport oil from the tank of the North Beach Terminal to the newly constructed dock.

With the latest addition, NuStar Energy now owns three loading docks in Corpus Christi, Texas. The partnership has also finished the revamp of the pump systems of the terminal. These developmental projects have enhanced the loading capacity of the North Beach terminal by more than three folds to 400,000 barrels per day.

NuStar Energy is a master limited partnership (MLP) that engages in the transportation and storage of crude oil as well as refined products in the U.S., the Netherlands Antilles, Canada, Mexico, and the U.K. The partnership has interests in asphalt refining and marketing in the U.S. and is the second largest independent liquids terminal operator in the nation.

NuStar Energy currently retains a Zacks Rank #2 (Buy), implying that it is expected to outperform the broader U.S. equity market over the next one to three months.

One can also look at players in the oil and gas production pipeline sector like Crestwood Equity Partners LP (CEQP - Snapshot Report), Energy Transfer Equity LP (ETE - Snapshot Report) and Magellan Midstream Partners LP (MMP - Analyst Report). Crestwood Equity sports a Zacks Rank #1 (Strong Buy), while Energy Transfer Equity and Magellan Midstream Partners hold a Zacks Rank #2.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.75 +5.63%
BANCO DO BR… BDORY 14.66 +5.09%
EQT MIDSTRE… EQM 98.03 +3.27%
AIR INDUSTR… AIRI 9.90 +3.23%
WEATHERFORD… WFT 23.67 +3.23%