NuStar GP Holdings (NSH) Tops Q3 EPS by 4c
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NuStar GP Holdings, LLC Reports Earnings for the Third Quarter of 2016
November 2, 2016 6:45 AM EDTQuarterly Distribution Previously Announced at $0.545 per Unit
SAN ANTONIO--(BUSINESS WIRE)-- NuStar GP Holdings, LLC (NYSE: NSH) today announced third quarter 2016 net income of $17.3 million, or $0.40 per unit. For the nine months ended September 30, 2016, net income was $49.1 million, or $1.14 per unit.
Distributable cash flow (DCF) available to unitholders for the third quarter of 2016 and for the nine months ended September 30, 2016 was $23.2 million and $69.2 million, respectively.
As previously announced on October 28, 2016, the third quarter 2016 distribution of $0.545 per unit will be paid on November 16, 2016 to holders of record as of November 8,... More
