NuStar Energy L.P. Declares Series A Preferred Unit, Series B Preferred Unit and Common Unit Third Quarter 2017 Distributions
October 18 2017 - 6:17PM
Business Wire
NuStar Energy L.P. (NYSE: NS) today announced that its Board of
Directors has declared a third quarter 2017 Series A preferred unit
distribution of $0.53125 per unit and a Series B preferred unit
distribution of $0.47657 per unit. The preferred unit distributions
will be paid on December 15, 2017 to holders of record as of
December 1, 2017.
NuStar Energy L.P.’s Board of Directors also declared a third
quarter 2017 common unit distribution of $1.095 per unit. The third
quarter common unit distribution will be paid on November 14, 2017
to holders of record as of November 9, 2017.
A conference call with management is scheduled for 9:00 a.m. CT
on Tuesday, November 7, 2017, to discuss the financial and
operational results for the third quarter of 2017. Investors
interested in listening to the discussion may dial toll-free
844/889-7787, passcode 93805813. International callers may access
the discussion by dialing 661/378-9931, passcode 93805813. The
partnership intends to have a playback available following the
discussion, which may be accessed by dialing toll-free
855/859-2056, passcode 93805813. International callers may access
the playback by dialing 404/537-3406, passcode 93805813. The
playback will be available until 12:00 p.m. CT on December 7,
2017.
Investors interested in listening to the live discussion or a
replay via the internet may access the discussion directly at
https://edge.media-server.com/m6/p/ounvkpgz or by logging on to
NuStar Energy L.P.’s website at www.nustarenergy.com.
NuStar Energy L.P., a publicly traded master limited partnership
based in San Antonio, is one of the largest independent liquids
terminal and pipeline operators in the nation. NuStar currently has
approximately 9,300 miles of pipeline and 81 terminal and storage
facilities that store and distribute crude oil, refined products
and specialty liquids. The partnership’s combined system has
approximately 96 million barrels of storage capacity, and NuStar
has operations in the United States, Canada, Mexico, the
Netherlands, including St. Eustatius in the Caribbean, and the
United Kingdom. For more information, visit NuStar Energy L.P.'s
website at www.nustarenergy.com.
This release serves as qualified notice to nominees under
Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note
that 100% of NuStar Energy L.P.’s distributions to foreign
investors are attributable to income that is effectively connected
with a United States trade or business. Accordingly, all of NuStar
Energy L.P.’s distributions to foreign investors are subject to
federal income tax withholding at the highest effective tax rate
for individuals and corporations, as applicable. Nominees, and not
NuStar Energy L.P., are treated as the withholding agents
responsible for withholding on the distributions received by them
on behalf of foreign investors.
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version on businesswire.com: http://www.businesswire.com/news/home/20171018006672/en/
NuStar Energy, L.P., San AntonioInvestors, Chris Russell,
Treasurer and Vice President Investor RelationsInvestor Relations:
210-918-3507orMedia, Mary Rose Brown, Executive Vice President and
Chief Administrative Officer,Corporate Communications:
210-918-2314website: http://www.nustarenergy.com
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