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NuStar Energy‘s Third-Quarter Earnings Rose on Higher Volumes

Vincent Kruger
NuStar Energy‘s Third-Quarter Earnings Rose on Higher Volumes

Texas-based NuStar Energy (NS) released its third-quarter results today. NuStar Energy’s higher earnings were mainly driven by continued volume growth in the Permian Basin and contributions from the East Pipeline System due to the acquisition of its assets in the Council Bluffs. NuStar Energy’s revenues for the third quarter came in at $490 million, an increase of more than 11% year-over-year.