What Next for NuStar Energy L.P. (NS) Stock After Touching All-Time Low?

March 15, 2018 - By Nellie Frank

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.54, from 1.59 in 2017Q2. It dived, as 19 investors sold NuStar Energy L.P. shares while 42 reduced holdings. 17 funds opened positions while 47 raised stakes. 51.31 million shares or 1.37% more from 50.62 million shares in 2017Q2 were reported.
Oxbow Advsrs Limited Liability Corp holds 0.05% or 6,023 shares in its portfolio. The Pennsylvania-based Susquehanna Intll Group Ltd Liability Partnership has invested 0% in NuStar Energy L.P. (NYSE:NS). Front Barnett Ltd Limited Liability Company has invested 0.05% in NuStar Energy L.P. (NYSE:NS). Nelson Van Denburg & Campbell Wealth Mngmt Grp Limited Liability Com invested in 0% or 87 shares. Jpmorgan Chase And invested in 1.76 million shares. Thompson Davis And Company, a Virginia-based fund reported 250 shares. Jennison Associate Limited Liability, a New York-based fund reported 262,565 shares. Moreover, Mercer Cap Advisers has 0.02% invested in NuStar Energy L.P. (NYSE:NS). 2.30 million were accumulated by Morgan Stanley. United Kingdom-based Hsbc Public Limited Co has invested 0.01% in NuStar Energy L.P. (NYSE:NS). Arrow Investment Advisors Limited Liability Co owns 0.2% invested in NuStar Energy L.P. (NYSE:NS) for 16,678 shares. Green Square Cap Limited Company stated it has 38,229 shares or 0.28% of all its holdings. Highlander Capital Management Ltd Liability holds 0.01% or 300 shares. Sigma Planning holds 4,928 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in NuStar Energy L.P. (NYSE:NS).

The stock of NuStar Energy L.P. (NYSE:NS) reached all time low today, Mar, 15 and still has $18.89 target or 8.00 % below today’s $20.53 share price. This indicates more downside for the $1.91 billion company. This technical setup was reported by Barchart.com. If the $18.89 PT is reached, the company will be worth $153.04 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 5.57% or $1.21 during the last trading session, reaching $20.53. About 2.52 million shares traded or 240.17% up from the average. NuStar Energy L.P. (NYSE:NS) has declined 5.14% since March 15, 2017 and is downtrending. It has underperformed by 21.84% the S&P500.

Analysts await NuStar Energy L.P. (NYSE:NS) to report earnings on April, 23. They expect $1.09 earnings per share, up 122.45 % or $0.60 from last year’s $0.49 per share. NS’s profit will be $101.57 million for 4.71 P/E if the $1.09 EPS becomes a reality.

NuStar Energy L.P. (NYSE:NS) Ratings Coverage

Among 15 analysts covering Nustar Energy LP (NYSE:NS), 3 have Buy rating, 0 Sell and 12 Hold. Therefore 20% are positive. Nustar Energy LP had 47 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Wednesday, November 8 with “Equal-Weight”. The rating was downgraded by U.S. Capital Advisors to “Hold” on Thursday, January 4. The stock of NuStar Energy L.P. (NYSE:NS) earned “Hold” rating by Stifel Nicolaus on Thursday, June 29. On Wednesday, November 4 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The rating was downgraded by Wells Fargo on Monday, July 17 to “Hold”. The firm earned “Hold” rating on Friday, February 9 by Mizuho. Citigroup downgraded the stock to “Neutral” rating in Friday, February 3 report. On Wednesday, November 8 the stock rating was maintained by UBS with “Buy”. The stock of NuStar Energy L.P. (NYSE:NS) has “Neutral” rating given on Tuesday, March 13 by JP Morgan. The company was upgraded on Tuesday, December 5 by Citigroup.

More notable recent NuStar Energy L.P. (NYSE:NS) news were published by: Seekingalpha.com which released: “NuStar: Worst Among Equals” on March 06, 2018, also Nasdaq.com with their article: “Zacks Industry Outlook Highlights: NuStar Energy, Plains All American Pipeline …” published on March 13, 2018, Businesswire.com published: “NuStar Energy LP’s 2017 Schedule K-1 Tax Packages Now Available” on February 26, 2018. More interesting news about NuStar Energy L.P. (NYSE:NS) were released by: Seekingalpha.com and their article: “NuStar: Stresses Across Capital Structure” published on March 14, 2018 as well as Nasdaq.com‘s news article titled: “NuStar Energy (NS) Shares Enter Oversold Territory” with publication date: March 15, 2018.

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products; and transportation of petroleum products and anhydrous ammonia. The company has market cap of $1.91 billion. It operates through three divisions: Pipeline, Storage, and Fuels Marketing. It has a 31.63 P/E ratio. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.

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