NuStar Energy L.P. (NS) Misses Q2 EPS by 6c, Revenues Beat

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Go back to NuStar Energy L.P. (NS) Misses Q2 EPS by 6c, Revenues Beat

NuStar Energy L.P. Announces 12% Increase in Second Quarter 2018 Net Income

August 7, 2018 6:45 AM EDT

Second Quarter 2018 Distributable Cash Flow Increases 36%

Permian Crude System Throughput Volumes Exit July at Over 300,000 Barrels Per Day

$600 Million Equity Financing and Merger of General Partner Completed

SAN ANTONIO--(BUSINESS WIRE)-- For the second quarter of 2018, NuStar Energy L.P. (NYSE: NS) reported net income applicable to common limited partners of $13.7 million, or $0.15 per unit, up $9.3 million from $4.4 million in the second quarter 2017, while earnings before interest, taxes, depreciation and amortization (EBITDA) were $157.1 million, up 11% from $141.1 million for the second quarter 2017.

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