logo
Share SHARE
FONT-SIZE Plus   Neg

NuStar GP Holdings Q1 Profit Rises - Quick Facts

NuStar GP Holdings, LLC (NSH) posted first-quarter net income of $11 million or $0.26 per unit compared to $10.2 million or $0.24 per unit last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.30 per share for the quarter. Analysts' estimates typically exclude special items.

The company said distributable cash flow available to unitholders for the first quarter rose to $21.9 million or $0.52 per unit from $20.6 million or $0.49 per unit in the prior year.

NuStar GP Holdings further stated that its board of directors has declared a distribution of $0.51 per unit.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Toys R Us Monday said it has voluntarily filed for chapter 11 bankruptcy protection in U.S. amid its struggles with outstanding debt and the shrinking sales due to increased online competition. The New Jersey-based toy retailer has still not recovered from a massive debt left from its $6.6 billion acquisition in 2005. You've already made so many great decisions if you are in position to retire. Don't blow the next big call: where to spend your golden years. The personal-finance website WalletHub conducted an in-depth analysis of retiree-friendliness of the 150 largest U.S. cities across 40 key metrics. Those... Many restaurants are luring customers with irresistible promotions on the occasion of National Cheeseburger Day on Monday, September 18. While Burger King is not offering any specific deal on a national level, several other restaurants are celebrating the day by offering sweet, lucrative deals.
comments powered by Disqus
Follow RTT