NuStar Energy (NS) Tops Q2 EPS by 2c

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