Earnings roundup: Profits soar for NuStar, other oil and gas companies

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This week’s roundup of fourth quarter 2022 financial reports includes San Antonio-based...

Brad Barron is CEO of San Antonio-based NuStar Energy LP, which posted its highest fourth-quarter profit ever to end 2022.Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly or annual earnings reporting periods.

This week’s roundup of fourth quarter 2022 financial reports includes San Antonio-based NuStar Energy and other oil and gas companies, as well as Amazon.finished 2022 with the highest fourth-quarter profit ever. Its results were fueled by its Permian crude oil pipeline system, which handled a record-setting volume of 584,000 barrels per day, a 13 percent increase.$430 million in 4Q 2022 vs.

 

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