NuStar Energy hits 60 consecutive quarters of paying shareholders

Friday, April 29, 2016

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San Antonio-based midstream company NuStar Energy LP hit a financial milestone of 60 consecutive quarters of paying shareholders despite record low crude oil prices.

In its first-quarter figures released Tuesday, NuStar (NYSE: NS) reported revenue of $405 million in the first quarter, which translated into $44.8 million of net income applicable to its limited partners.  READ MORE...

Category: Oil & Gas