SAN ANTONIO--(BUSINESS WIRE)--Oct. 31, 2013--
NuStar Energy L.P. (NYSE: NS) today announced that its Board of
Directors has declared a third quarter 2013 distribution of $1.095 per
unit. The third quarter distribution will be paid on November 14, 2013
to holders of record as of November 11, 2013.
A conference call with management is scheduled for 10:00 a.m. ET (9:00
a.m. CT) on Tuesday, November 12, 2013, to discuss the third quarter
2013 earnings results, which will be released earlier that morning, and
provide an updated outlook for the company for the remainder of 2013 and
for 2014. Investors interested in listening to the presentation may call
800/622-7620, passcode 77504322. International callers may access the
presentation by dialing 706/645-0327, passcode 77504322. The company
intends to have a playback available following the presentation, which
may be accessed by calling 800/585-8367, passcode 77504322.
International callers may access the playback by calling 404/537-3406,
passcode 77504322. A live broadcast of the conference call will also be
available on the company’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 8,643 miles of
pipeline; 87 terminal and storage facilities that store and distribute
crude oil, refined products and specialty liquids; and 50% ownership in
a joint venture that owns a terminal and an asphalt refinery with a
throughput capacity of 74,000 barrels per day. The partnership’s
combined system has approximately 97 million barrels of storage
capacity, and NuStar has operations in the United States, Canada,
Mexico, the Netherlands, including St. Eustatius in the Caribbean, the
United Kingdom and Turkey. 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’s distributions to foreign investors are attributable to income
that is effectively connected with a United States trade or business.
Accordingly, all of NuStar’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, are treated as the withholding agents responsible for
withholding on the distributions received by them on behalf of foreign
Source: NuStar Energy L.P.
NuStar Energy, L.P., San Antonio
Investors, Chris Russell,
Treasurer and Vice President Investor Relations
Media, Mary Rose Brown, Executive Vice
Corporate Communications: 210-918-2314
Web site: http://www.nustarenergy.com