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  "documentTitle": "NuStar Energy | Investor Conference Presentation Deck | 36 slides",
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      "text": "NS Permian Crude System Performance (by Quarter)\nEBITDA ($MM) and System Receipts (Avg MBPD) from 2Q17 to 2Q23",
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      "text": "NS System Producer-type2 (% Average Daily Volume)\nMajor: 52%\nPrivate: 22%\nOther Public: 26%",
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      "kind": "list",
      "text": "The quality of geological formations underlying our system has attracted top-tier customers\n~67% of our system's revenue is generated from investment-grade (IG) rated and Non-IG BB-rated entities¹",
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      "text": "As volumes flex, we also expect to flex our capital expenditures and now project 2023 spending to be in the range of $35 – 45MM",
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      "text": "We averaged 508 MBPD in 2Q23 and near 530 MBPD in July\nWe expect the 2H2023 to rebound back, backed by capital projects already in progress\nAnd expect to exit 2023 in the range of 570-600 MBPD",
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      "text": "Producer Average Cost of Debt, Weighted by Acreage: 6.3%3",
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      "text": "1 - For the year ended June 30, 2023",
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      "kind": "source-note",
      "text": "Please see Appendix for reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures",
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      "text": "2 - For the month ended June 30, 2023",
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      "text": "3 - As of August 15, 2023",
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      "text": "Our \"Core of the Core\" Location has Attracted Top-tier Customers Whose Activity is Supporting Steady Growth",
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