About NuStar Energy
NuStar Energy is a company based in United States founded in 2001 was acquired by Sunoco LP in January 2024.. The company has 1,184 employees as of December 31, 2023. NuStar Energy has completed 1 acquisition, including Navigator Energy Services. NuStar Energy offers products and services including Pipeline Services, Storage Services, and Fuel Distribution. NuStar Energy operates in a competitive market with competitors including Buckeye Partners, MPLX, Ocensa, Lotus Midstream and Poseidon Oil Pipeline Company, among others.
- Headquarter United States
- Employees 1184 as on 31 Dec, 2023
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nustar Energy L.P.
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Annual Revenue
$1.48 B-1as on Dec 31, 2020
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Net Profit
$273.66 M23as on Dec 31, 2023
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EBITDA
$514.95 M24as on Dec 31, 2023
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Latest Funding Round
$830 K (USD), Post-IPO
Jan 15, 2023
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Investors
FEMA
& 2 more
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Employee Count
1184
as on Dec 31, 2023
- Investments & Acquisitions
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Acquired by
Sunoco LP
(Jan 22, 2024)
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Products & Services of NuStar Energy
NuStar Energy offers a comprehensive portfolio of products and services, including Pipeline Services, Storage Services, and Fuel Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transportation of oil and gas through pipeline networks
Facilities for storing fuels and liquids securely
Marketing and delivery of fuels to business clients
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Funding Insights of NuStar Energy
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $830,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Post-IPO - NuStar Energy | Valuation |
investors |
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| Sep, 2012 | Amount | Grant - NuStar Energy | Valuation |
investors |
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| Feb, 2012 | Amount | Grant - NuStar Energy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NuStar Energy
NuStar Energy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include FEMA, Sunoco LP and AE Wealth Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides investment management and financial planning for advisors and clients.
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Founded Year | Domain | Location | |
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Federal emergency management and disaster response are coordinated nationwide.
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Founded Year | Domain | Location | |
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Automobile fuel is distributed to retail stations by Sunoco LP.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NuStar Energy
NuStar Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Navigator Energy Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of natural gas & oil gathering, producer, storage, and transportation services
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NuStar Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nustar Energy Comparisons
Competitors of NuStar Energy
NuStar Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Buckeye Partners, MPLX, Ocensa, Lotus Midstream and Poseidon Oil Pipeline Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Midstream logistic solutions for petroleum products are provided.
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| domain | founded_year | HQ Location |
Crude oil pipelines are operated in the United States.
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| domain | founded_year | HQ Location |
Colombia's crude oil pipelines are managed across 830 kilometers.
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| domain | founded_year | HQ Location |
Crude oil transportation services are provided in the midstream sector.
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| domain | founded_year | HQ Location |
Crude oil transmission services are provided via pipelines.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nustar Energy
Frequently Asked Questions about NuStar Energy
When was NuStar Energy founded?
NuStar Energy was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Where is NuStar Energy located?
NuStar Energy is headquartered in United States.
How many employees does NuStar Energy have?
As of Dec 31, 2023, the latest employee count at NuStar Energy is 1,184.
What is the annual revenue of NuStar Energy?
Annual revenue of NuStar Energy is $1.48B as on Dec 31, 2020.
What does NuStar Energy do?
NuStar Energy was founded in 2001 and is based in the United States. Focus is placed on the energy sector, where liquid terminals and pipelines are managed for the transportation and storage of petroleum products. Operations span various regions across the country, supporting midstream activities in refining and distribution. Financial performance in earlier years included revenues of 6.51 billion alongside a net loss of 0.22 billion.
Who are the top competitors of NuStar Energy?
NuStar Energy's top competitors include Buckeye Partners, MPLX and Ocensa.
What products or services does NuStar Energy offer?
NuStar Energy offers Pipeline Services, Storage Services, and Fuel Distribution.
How many acquisitions has NuStar Energy made?
NuStar Energy has made 1 acquisition, including Navigator Energy Services.
Who are NuStar Energy's investors?
NuStar Energy has 3 investors. Key investors include FEMA, Sunoco LP, and AE Wealth Management.