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  "documentTitle": "NuStar Energy | Investor Conference Presentation Deck | 71 slides",
  "authorId": "nustar-energy",
  "authorName": "NuStar Energy",
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  "presentationDate": "2023-07-01 00:00:00",
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  "pageNumber": 34,
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      "kind": "source-note",
      "text": "(c) Adjusted distribution coverage ratio is calculated by dividing adjusted DCF by distributions applicable to common limited partners.",
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      "text": "(a) This projection for the year ended December 31, 2021 represents the midpoint of the expected range of loss on the sale of terminals, which was announced on August 2, 2021, and is expected to be completed in the fourth quarter of 2021.",
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      "text": "(b) We intend to satisfy the vestings of these equity-based awards with the issuance of our common units. As such, the expenses related to these awards are considered non-cash and added back to DCF. Certain awards include distribution equivalent rights (DERs). Payments made in connection with DERs are deducted from DCF.",
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      "kind": "subtitle",
      "text": "The following is a reconciliation of net income, EBITDA, adjusted EBITDA, adjusted DCF and adjusted distribution coverage ratio (in thousands of dollars, except ratio data):",
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      "text": "Projected for the Year Ended December 31, 2021\nNet income\nInterest expense, net\nIncome tax expense\nDepreciation and amortization expense\nEBITDA\nLoss on announced sale of terminals (a)\nAdjusted EBITDA\nInterest expense, net\nReliability capital expenditures\nIncome tax expense\nLong-term incentive equity awards (b)\nPreferred unit distributions\nOther\nAdjusted DCF\nDistributions applicable to common limited partners\nAdjusted distribution coverage ratio (c)\n$ 63,000 - 74,000\n210,000 - 218,000\n2,000 - 5,000\n270,000 - 278,000\n545,000 - 575,000\n135,000\n680,000 - 710,000\n(210,000 - 218,000)\n(40,000 - 50,000)\n(2,000 - 5,000)\n10,000 - 15,000\n(125,000 - 130,000)\n15,000 - 20,000\n$ 328,000 - 342,000\n$ 175,000 - 178,000\n1.9x",
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      "kind": "title",
      "text": "Reconciliation of Non-GAAP Financial Information (continued)",
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