NuStar works to regain footing as investors shun pipeline companies

(Source: Beaumont Enterprise) Cheyne Pace, chairman and president of Florida-based Texas Yale Capital Corp., which has $185 million in exposure to the MLP sector, said many investors were “burned” by MLPs in the past both by falling valuations and dilution from unit sales. Since NuStar’s IPO in 2001, its gone to the markets 10 times to issue …