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Stock Market & Financial Investment News

News Breaks
February 5, 2014
08:45 EDTNSHNuStar GP Holdings reports Q4 adjusted EPS 27c, consensus 34c
The company reported a fourth quarter net loss of $46.7M, or ($1.10) per unit. Without certain NuStar Energy adjustments in the fourth quarters of both years, the fourth quarter of 2013 would have generated adjusted net income of $11.7M, or 27c per unit.
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April 22, 2015
09:11 EDTNSHNuStar GP Holdings reports Q1 EPS ex-gain 43c, consensus 41c
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09:10 EDTNSHNuStar Energy reports Q1 EPS ex-gain 76c, consensus 58c
Reports Q1 revenue $554.9M, consensus $780.11M. “The South Texas Crude Oil Pipeline expansion led to record, and higher than anticipated, Eagle Ford throughput volumes during the quarter,” said Brad Barron, President and CEo of NuStar Energy (NS) and NuStar GP Holdings (NSH). “During the first quarter, approximately 290,000 barrels per day of crude oil were moved through our South Texas Crude Oil Pipeline System. These record Eagle Ford crude oil throughput volumes and stronger than expected margins in our fuels marketing segment helped us attain a quarterly distribution coverage ratio of 1.25 times.”

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