NuStar GP Holdings (NSH) Tops Q1 EPS by 2c
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NuStar GP Holdings, LLC Reports Increased Earnings in the First Quarter of 2015
April 22, 2015 9:08 AM EDTSAN ANTONIO--(BUSINESS WIRE)-- NuStar GP Holdings, LLC (NYSE: NSH) today announced that net income for the first quarter of 2015 was $26.8 million, or $0.62 per unit, compared to $13.6 million, or $0.32 per unit, for the first quarter of 2014. Absent the gain related to NuStar Energy L.P.s January 2, 2015 acquisition of the remaining 50% ownership in the Linden terminal, first quarter 2015 adjusted net income would have been $18.4 million, or $0.43 per unit.
NuStar Energy L.P. reported first quarter 2015 net income applicable to limited partners of $114.5 million, or $1.47 per unit. Absent the gain related... More
