NuStar GP Holdings (NSH) Misses Q2 EPS by 1c

NuStar GP Holdings, LLC Reports Earnings for the Second Quarter of 2016

Quarterly Distribution Previously Announced at $0.545 per Unit

SAN ANTONIO--(BUSINESS WIRE)-- NuStar GP Holdings, LLC (NYSE: NSH) today announced second quarter 2016 net income of $15.1 million, or $0.35 per unit. For the six months ended June 30, 2016, net income was $31.7 million, or $0.74 per unit.

Distributable cash flow (DCF) available to unitholders for the second quarter of 2016 and for the six months ended June 30, 2016 was $22.9 million and $45.9 million, respectively.

As previously announced on July 29, 2016, the second quarter 2016 distribution of $0.545 per unit will be paid on August 16, 2016 to holders of record as of August... More

NuStar GP Holdings, LLC Declares Second Quarter 2016 Distribution

SAN ANTONIO--(BUSINESS WIRE)-- NuStar GP Holdings, LLC (NYSE: NSH) today announced that its Board of Directors has declared a second quarter 2016 distribution of $0.545 per unit. The second quarter distribution will be paid on August 16, 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 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 company intends to have a playback... More