Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
NuStar Revenue Assessment
Based on latest financial disclosure NuStar Energy LP reported 3.67 B of revenue. This is 91.04% lower than that of Basic Materials sector, and 50.4% lower than that of Oil and Gas Pipelines industry, The Revenue for all stocks is 63.93% higher than the company.
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NuStar Energy LP is rated below average in revenue category among related companies. Market size based on revenue of Oil and Gas Pipelines industry is now estimated at about 212.19 Billion. NuStar claims roughly 3.67 Billion in revenue contributing just under 2% to all equities under Oil and Gas Pipelines industry.
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