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  "documentTitle": "NuStar Energy | Investor Conference Presentation Deck | 36 slides",
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      "text": "October Average: 512 MBPD",
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      "text": "Producer Average Cost of Debt, Weighted by Acreage: 4.3%3",
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      "text": "NS Permian Crude System Performance (by Quarter) * Adjusted EBITDA ($MM) System Receipts (Avg MBPD) 2Q17 $7 139 3Q17 $12 159 4Q17 $14 187 1Q18 $12 211 2Q18 $19 266 3Q18 $27 314 4Q18 $27 327 1Q19 $23 349 2Q19 $31 370 3Q19 $35 395 4Q19 $39 435 1Q20 $38 453 2Q20 $33 400 3Q20 $38 423 4Q20 $33 418 1Q21* $37 402 2Q21 $43 450 3Q21 $46 502",
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      "text": "NS System Producer-type2 (% Average Daily Volume) Major 40% Private 23% Other Public 37%",
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      "kind": "diagram",
      "text": "Highest-Quality \"Rock\"; ...And Produce Efficient Growth Across Cycles; Attracts Creditworthy, Diverse Producers; ...That Apply the Most Advanced Technology",
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      "text": "Our producers have averaged around 20 rigs throughout 2021 and have around 20% of the total Permian drilled-uncompleted (DUCs) wells on the system, which provide an important platform for growth",
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      "text": "The quality of geological formations underlying our system attracts the strongest customers\nOur creditworthy customers include majors and the most prolific E&Ps, both private and public, in the basin, as well as large independent refiners and marketers\n~72% of our system's revenue is generated from investment-grade (IG) rated and Non-IG BB-rated entities¹",
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      "kind": "paragraph",
      "text": "We averaged 502 MBPD in 3Q21 (our best quarter since we acquired the system in 2017) and expect to exit 2021 at 514 MBPD",
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      "text": "3- As of December 1, 2021",
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      "text": "Please see Appendix for reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures",
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      "text": "1- September 30, 2021 YTD\n2-September 30, 2021 MTD",
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      "kind": "title",
      "text": "Our “Core of the Core” Location has Attracted Top-Tier Customers Whose Activity is Supporting Steady Growth",
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