{
  "docId": "019de50f-9b39-734c-b33c-547eca3c8723",
  "docSlug": "2e5b7daa68c5cf725e80ea0b2b96f00a",
  "documentTitle": "NuStar Energy | Investor Conference Presentation Deck | 47 slides",
  "authorId": "nustar-energy",
  "authorName": "NuStar Energy",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2020-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 10,
  "pageCount": 47,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 11,
  "notes": "The chart combines a bar chart for EBITDA ($MM) and a line chart for Growth Rate (%).",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-9b39-734c-b33c-547eca3c8723/10",
  "deckHref": "/decks/019de50f-9b39-734c-b33c-547eca3c8723",
  "deckJsonHref": "/decks/019de50f-9b39-734c-b33c-547eca3c8723.json",
  "deckAnchorHref": "/decks/019de50f-9b39-734c-b33c-547eca3c8723#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.7,
        "w": 0.5,
        "x": 0.45,
        "y": 0.18
      },
      "kind": "chart",
      "text": "NuStar's East Pipeline System Performance (by Year)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e225d7f4-cdcf-4c61-867a-2ccb0080ef3e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.8,
        "x": 0.03,
        "y": 0.95
      },
      "kind": "disclaimer",
      "text": "1 - Please see Appendix for reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "25c88ac9-b055-4de6-90aa-5dbaee2bfd5a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.4,
        "x": 0.06,
        "y": 0.43
      },
      "kind": "list",
      "text": "With our Council Bluffs acquisition in 2018, we increased our capacity and enhanced our market reach, which in turn has expanded our East System, both in terms of pipeline and butane blending operations",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9237c153-6f17-436a-96ac-e814bd4b3774",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.4,
        "x": 0.06,
        "y": 0.7
      },
      "kind": "list",
      "text": "Butane blending operations generated a record $14 million of EBITDA in 2019 for our Fuels Marketing Segment",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dbc09a58-96f1-4df0-b085-86dda0478160",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.4,
        "x": 0.03,
        "y": 0.17
      },
      "kind": "list",
      "text": "As a result of our five-year plan for optimization of our assets across our footprint, we have been able to capitalize on identified synergies and increase the positive contribution of our legacy assets through low-capital, small projects and bolt-on acquisitions",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e6c9febc-824d-4c8b-ac5e-9f14586627cf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.75,
        "x": 0.03,
        "y": 0.03
      },
      "kind": "title",
      "text": "Beyond Our Sweet Spots, Our Optimization Program has Made Small but Meaningful Improvements Across Our Assets to Assure Steady Returns",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05fb5843-fdf6-4b43-af58-e9fab0b3616e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 12,
      "from": 5,
      "beatId": "c0d33a82-8522-4e35-b947-f5894e748118",
      "arcName": "AIDA",
      "arcSlug": "aida",
      "beatName": "Interest",
      "beatSlug": "aida-interest",
      "evidence": "Highlighting achievements and goals",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 12,
      "from": 10,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "007de574-9544-4edc-9b70-e822482ba8b9",
      "evidence": "Logic chain of optimization and acquisitions driving growth",
      "position": 1,
      "objective": "Demonstrating steady EBITDA growth",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}