NuStar GP Holdings (NSH) Misses Q4 EPS by 6c

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NuStar GP Holdings, LLC Reports Increased EPU for the Full-Year 2015

January 29, 2016 6:40 AM EST

SAN ANTONIO--(BUSINESS WIRE)-- NuStar GP Holdings, LLC (NYSE: NSH) today announced fourth quarter 2015 net income of $13.0 million, or $0.30 per unit, compared to a net income of $14.4 million, or $0.34 per unit, in the fourth quarter of 2014. For the year ended December 31, 2015, the company reported net income of $72.2 million, or $1.68 per unit, compared to net income of $61.4 million, or $1.44 per unit, in 2014.

The company reported distributable cash flow (DCF) available to unitholders for the fourth quarter of 2015 was $22.4 million, or $0.52 per unit, compared to $23.8 million, or $0.56 per unit, for the fourth quarter of 2014. For... More