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Is NuStar Energy L.P. (NS) Stock Outpacing Its Oils-Energy Peers This Year?

Zacks Equity Research
·2 min read

Investors focused on the Oils-Energy space have likely heard of NuStar Energy L.P. (NS), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.

NuStar Energy L.P. is a member of the Oils-Energy sector. This group includes 295 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. NS is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for NS's full-year earnings has moved 12.38% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Based on the latest available data, NS has gained about 2.86% so far this year. In comparison, Oils-Energy companies have returned an average of -8.57%. This means that NuStar Energy L.P. is performing better than its sector in terms of year-to-date returns.

Breaking things down more, NS is a member of the Oil and Gas - Production Pipeline - MLB industry, which includes 15 individual companies and currently sits at #159 in the Zacks Industry Rank. Stocks in this group have lost about 4.41% so far this year, so NS is performing better this group in terms of year-to-date returns.

NS will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.


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