NuStar Energy L.P. Declares Second Quarter 2016 Distribution
NuStar Energy L.P. (NYSE: NS) today announced that its Board of
Directors has declared a second quarter 2016 distribution of $1.095 per
unit. The second quarter distribution will be paid on August 12, 2016 to
holders of record as of August 9, 2016.
A conference call with management is scheduled for 9:00 a.m. CT on
Tuesday, August 2, 2016, to discuss the financial and operational
results for the second quarter of 2016. Investors interested in
listening to the presentation may call 877/702-5019, passcode 44145456.
International callers may access the presentation by dialing
443/863-7314, passcode 44145456. The partnership intends to have a
playback available following the presentation, which may be accessed by
calling 800/585-8367, passcode 44145456. International callers may
access the playback by calling 404/537-3406, passcode 44145456. The
playback will be available until 10:59 p.m. CT on September 2, 2016.
Investors interested in listening to the live presentation or a replay
via the internet may access the presentation directly at http://edge.media-server.com/m/p/4iibfou3
or by logging on to NuStar Energy L.P.’s Web site 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
8,700 miles of pipeline and 79 terminal and storage facilities that
store and distribute crude oil, refined products and specialty liquids.
The partnership’s combined system has approximately 94 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 Web site 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160729005835/en/
Copyright Business Wire 2016
Source: Business Wire
(July 29, 2016 - 4:20 PM EDT)
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