NuStar Energy (NS) Tops Q2 EPS by 2c

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Go back to NuStar Energy (NS) Tops Q2 EPS by 2c

NuStar Energy L.P. Reports Higher EBITDA Results in the Second Quarter of 2015

July 24, 2015 8:55 AM EDT

Net Income and DCF in 2015 YTD Surpass 2014 YTD

SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced second quarter 2015 earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations were $143.0 million, compared to second quarter 2014 EBITDA from continuing operations of $140.1 million. For the six months ended June 30, 2015, the partnership reported $357.0 million of EBITDA from continuing operations, compared to $266.8 million for the six months ended June 30, 2014.

Second quarter 2015 distributable cash flow (DCF) from continuing operations available to limited partners was $92.2 million, or $1.18 per unit, compared to... More