NuStar Energy L.P. (NS) Tops Q2 EPS by 2c

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NuStar Energy L.P. Reports Higher than Expected Net Income for the Second Quarter of 2016

August 2, 2016 6:30 AM EDT

Net Income of $0.52 per Limited Partner Unit Exceeds Guidance Range and Consensus Estimates

Quarterly Distribution Previously Announced at $1.095 per Unit

SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that its second quarter 2016 quarterly earnings exceeded consensus estimates and surpassed the partnerships guidance expectations. The partnership reported net income applicable to limited partners of $40.0 million, or $0.52 per unit, for the second quarter of 2016 and $84.8 million, or $1.09 per unit, for the six months ended June 30, 2016.

Distributable cash flow (DCF) from continuing... More

NuStar Energy L.P. Declares Second Quarter 2016 Distribution

July 29, 2016 4:20 PM EDT

SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared a second quarter 2016 distribution of $1.095 per unit. The second quarter distribution will be paid on August 12, 2016 to holders of record as of August 9, 2016.

A conference call with management is scheduled for 9:00 a.m. CT on Tuesday, August 2, 2016, to discuss the financial and operational results for the second quarter of 2016. Investors interested in listening to the presentation may call 877/702-5019, passcode 44145456. International callers may access the presentation by dialing 443/863-7314, passcode 44145456. The partnership intends to... More