Northern Tier Energy is an independent downstream energy company with refining, retail, and pipeline operations that serve the PADD II region of the United States.
Northern Tier’s refining business primarily consists of an 89,500 barrels per calendar day (96,500 barrels per stream day) refinery located in St. Paul Park, Minnesota.. The refinery’s complexity allows it to process a variety of light, heavy, sweet and sour crudes into higher value refined products.
The St. Paul Park Refinery is one of only two refineries in Minnesota and o
TEMPE, Ariz., Dec. 1, 2014 (GLOBE NEWSWIRE) -- Northern Tier Energy LP (NYSE:NTI) ("Northern Tier") today announced that Northern Tier management will participate in the Cowen and Company 4th Annual Ultimate Energy Conference in New York City on Tuesday, December 2, 2014. The meeting materials will be available beginning Tuesday, December 2, 2014, on the Investors section of Northern Tier's website at www.ntenergy.com.
Management will also participate in the Wells Fargo Securities Research, ...
Achieves Record Quarterly Average Throughput in Excess of 96,000 Barrels Per Day; Announces Third Quarter Distribution of $1.00 Per Common Unit
Third Quarter Highlights:
Reported Net Income of $96.2 million and Adjusted EBITDA of $122.8 million.
Achieved record total throughput of 96,464 barrels per day during the quarter.
Declared a distribution of $1.00 per common unit to be paid in cash on November 25, 2014, to common unitholders of record on November 14, 2014.
TEMPE, Ariz., Oct. 2, 2014 (GLOBE NEWSWIRE) -- Northern Tier Energy LP and certain of its subsidiaries (collectively, "Northern Tier") announced today the successful completion of an amendment and restatement of its revolving credit facility on September 29, 2014. As part of the amendment and restatement, the facility was expanded from $300 million to $500 million, the maturity was extended to September 2019, borrowing rates were reduced and covenant flexibility was increased. The amendment and ...
TEMPE, Ariz., Sept. 22, 2014 (GLOBE NEWSWIRE) -- Northern Tier Energy LP ("Northern Tier") announced today that Northern Tier Energy LLC ("NTE"), which is a wholly owned subsidiary of Northern Tier, and NTE's wholly owned subsidiary Northern Tier Finance Corporation (together with NTE, the "Issuers") priced an additional $75 million in aggregate principal amount of their senior secured notes due 2020 (the "Notes") in a private placement. The Notes will bear an interest rate of 7.125% per annum a...
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