Thursday, August 20, 2026

NuStar Energy enters Permian Basin with $1.475 billion acquisition deal

From the San Antonio Business Journal After nearly two years of trying to enter the Permian Basin, San Antonio-based midstream company NuStar Energy LP (ticker: NS) will soon become a player in the West Texas shale play. NuStar confirmed the $1.475 billion acquisition of Navigator Energy Services LLC, a Dallas-based company with pipeline and storage terminal assets in seven West