Nustar Energy L.P. (NYSE:NS) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, NS is expected to report 2Q20 income of $ 0.13 per share from revenue of $ 363.67 million.
For the full year, analysts anticipate top line of $ 1469.29 million, while looking forward to loss of $ 0.81 per share bottom line.
Previous Quarter Performance
Nustar Energy L.P. unwinded income for the first quarter of $ 0.39 per share, from the revenue of $ 392.79 million. The quarterly earnings reduced 11.76 percent while revenues compared with the same quarter last year. The consensus estimates are $ 422.53 million in revenue The top line results fell short of analysts by $ 29.74 million or 7.04 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NS was $ 14.86, representing a 198.39 % increase from the 52 week low of $ 4.98 and a 50.57 % decrease over the 52 week high of $ 30.06.
The company has a market capital of $ 1.62 billion and is part of the Energy sector and Oil & Gas Midstream industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.40 per share on May 1, 2020. The dividend were payable on May 15, 2020 to holders of record as of the close of business on May 11, 2020 and ex-dividend date on May 8, 2020.
Conference Call
Nustar Energy L.P. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nustarenergy.com
NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products. The company also engages in the transportation of petroleum products and anhydrous ammonia.
