Nustar Energy L.P. (NYSE:NS) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, NS to report 3Q20 loss of $ 0.09 per share.
For the full year, analysts anticipate top line of $ 1452.10 million, while looking forward to loss of $ 0.81 per share bottom line.
Previous Quarter Performance
Nustar Energy L.P. disclosed loss for the second quarter of $ 0.06 per share, from the revenue of $ 339.54 million. Street analysts expected Nustar Energy L.P. to report income of $ 0.13 per share on revenue of $ 363.67 million for the second quarter. The bottom line results missed street analysts by $ 0.19 or 146.15 percent, at the same time, top line results fell short of analysts by $ 24.13 million or 6.64 percent.
Stock Performance
Shares of Nustar Energy L.P. traded up $ 0.16 or 1.60 percent on Wednesday, reaching $ 10.15 with volume of 510.50 thousand shares. Nustar Energy L.P. has traded high as $ 10.45 and has cracked $ 9.86 on the downward trend
The closing price of $ 10.15, representing a 100.60 % increase from the 52 week low of $ 4.98 and a 66.12 % decrease over the 52 week high of $ 29.49.
The company has a market capital of $ 1.11 billion and is part of the Energy sector and Oil & Gas Midstream industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.40 per share on July 28, 2020. The dividend were payable on August 13, 2020 to holders of record as of the close of business on August 7, 2020 and ex-dividend date on August 6, 2020.
Conference Call
Nustar Energy L.P. will be hosting a conference call at 10:00 AM eastern time on 5th November 2020, to discuss its 3Q20 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.
