Northern Tier Energy Provides Saint Paul Park Refinery Operational Update and
Third Quarter Earnings Webcast Details
RIDGEFIELD, Conn., Oct. 21, 2013
RIDGEFIELD, Conn., Oct. 21, 2013 /PRNewswire/ --Northern Tier Energy LP
(NYSE:NTI) ("Northern Tier Energy" or the "Company") today provided an
operational update on its Saint Paul Park refinery and provided details
relating to its planned third quarter earnings announcement.
Saint Paul Park Refinery Operational Update
All repairs related to the previously announced fire in late September have
been completed and both crude towers are fully functional at this time. The
cost of the repairs amounted to less than $3 million. Since October 14, the
Company's Saint Paul Park Refinery has been operating at a crude oil charge of
between 85,000 – 90,000 barrels per day ("bpd"), which is consistent with
throughput constraints related to the planned Fluid Catalytic Cracker ("FCC")
turnaround currently being performed. Northern Tier Energy expects to
complete the FCC turnaround by the end of October, at which point the Company
is expected to resume full operations. The Company will provide further
detail and fourth quarter throughput guidance on its third quarter earnings
call, which will be held on November 12, 2013. Third quarter throughput
amounted to approximately 81,000 bpd.
Third Quarter 2013 Earnings Webcast Details
Northern Tier Energy will report its financial results and provide quarterly
distribution details to common unit holders for the third quarter of 2013 on
November 11, 2013, following the market's close. The Company will also host a
conference call to discuss its third quarter 2013 results on Tuesday, November
12, 2013 at 11:00 am Eastern Time. Callers may listen to the live
presentation, which will be followed by a question and answer segment, by
dialing 800-237-9752 or 617-847-8706 and the passcode 31834776. An audio
webcast of the call will be available at www.ntenergy.com within the Investor
portion of the site under the Calendar of Events section. This audio webcast
will be available on the website for fourteen days after the conference call.
A replay will also be available by teleconference for seven days from the
conference call. The replay teleconference will be available by dialing
888-286-8010 or 617-801-6888 and the passcode 98333364.
About Northern Tier Energy
Northern Tier Energy LP (NYSE:NTI) is an independent downstream energy company
with refining, retail and pipeline operations that serves the PADD II region
of the United States. Northern Tier Energy operates an 89,500 barrels per
stream day refinery located in St. Paul Park, Minnesota. Northern Tier Energy
also operates 163 convenience stores and supports 73 franchised convenience
stores, primarily in Minnesota and Wisconsin, under the SuperAmerica
trademark, and owns a bakery and commissary under the SuperMom's brand.
Northern Tier Energy is headquartered in Ridgefield, Connecticut.
SOURCE Northern Tier Energy LP
Contact: Northern Tier Energy LP, Alpha IR Group, 203-244-6544,
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