Earnings roundup: NuStar reverses prior 3Q loss as Digerati revenue grows to lead this week’s report

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

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SAN ANTONIO — 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 financial reports includes San Antonio-based NuStar Energy and Digerati Technologies, as well as Amazon, Southwest Airlines and the company that owns Schlitterbahn in New Braunfels.NuStar Energy LP saw a record-breaking volume of crude oil flow through its Permian pipeline network in the third quarter, which helped it generate nearly $60 million in profit. The Permian system averaged 580,000 barrels of crude oil per day moving through it during the quarter.

IRVING — Exxon Mobil Corp. posted the highest profit for the third quarter in its history, as its cash increased by $11.6 billion during the quarter with free cash flow of $22 billion.Revenue:“We recognize the pain that high prices cause. Unfortunately, the market we’re in today is a function of many of the policies and some of the narrative that’s floated around in the past.

 

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