NuStar Energy L.P. (NS)

[WildCatStocks]

Good dividend?

Nustar Energy (NS) is a master limited partnership that spun off from Valero Energy (VLO) and now owns most of Valero’s pipeline network and storage facilities. A series of acquisitions over the year that include a major grab from Citgo in 2008 of some refineries and asphalt terminals has allowed Nustar Energy to take a place among the largest independent liquids storage operators in the world. Nustar’s profits have remained consistent over the past three years, with an average of $229 million per year.