Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

NuStar GP Holdings Q1 Profit Rises - Quick Facts

RELATED NEWS
Trade NSH now with 

NuStar GP Holdings, LLC (NSH: Quote) 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.

Click here to receive FREE breaking news email alerts for NuStar GP Holdings, LLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks saw some volatility following the release of the Federal Reserve's monetary policy announcement on Wednesday but managed to end the day modestly higher. With the upward move, the Dow reached a new record closing high. President Barack Obama sought to emphasize in remarks on Wednesday that the American forces being deployed as part of the fight against the terrorist group ISIS will not have a combat mission. Republican Joni Ernst has moved into the lead in the potentially crucial Iowa Senate race, according to the results of a Quinnipiac University poll released on Wednesday. The poll found that 50 percent of likely Iowa voters would support Ernst if the election were held today, while 44 percent would vote for Democratic Rep. Bruce Braley.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.