{
  "docId": "019de517-a89d-737c-8f2d-549b27f3b9ba",
  "docSlug": "c7a4d12cd8da250ea9340707c6caa7f4",
  "documentTitle": "NuStar Energy | Investor Presentation Deck | 35 slides",
  "authorId": "nustar-energy",
  "authorName": "NuStar Energy",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-12-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 28,
  "pageCount": 35,
  "prevPage": 27,
  "nextPage": 29,
  "slideType": "kpi_overview",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 12,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-a89d-737c-8f2d-549b27f3b9ba/28",
  "deckHref": "/decks/019de517-a89d-737c-8f2d-549b27f3b9ba",
  "deckJsonHref": "/decks/019de517-a89d-737c-8f2d-549b27f3b9ba.json",
  "deckAnchorHref": "/decks/019de517-a89d-737c-8f2d-549b27f3b9ba#slide-28",
  "components": [
    {
      "bbox": {
        "h": 0.52,
        "w": 0.61,
        "x": 0.37,
        "y": 0.399
      },
      "kind": "chart",
      "text": "Debt Maturities ($MM)¹; Revolver; Receivables Financing; Senior Unsecured Notes; GO Zone Financing; Sub Notes",
      "attrs": {
        "x_axis_label": "Year",
        "y_axis_label": "$MM"
      },
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f9ab6039-c8bf-4a5a-9fdc-7db57ea34c22",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.52,
        "w": 0.34,
        "x": 0.01,
        "y": 0.399
      },
      "kind": "chart",
      "text": "LIQUIDITY ($MM)¹; $669; $4 Cash; $665 Revolver Availability",
      "attrs": {
        "x_axis_label": "2023",
        "y_axis_label": "$MM"
      },
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9590c270-4b1c-48a1-812b-9aa12a3c5649",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.956,
        "x": 0.023,
        "y": 0.33
      },
      "kind": "paragraph",
      "text": "In June 2023, we also extended the term of our $1.0 billion revolver through January 2027 and our receivables financing agreement through July 2026",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "178e4425-aa3a-4025-8ccb-99daee6d2ea6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.677,
        "x": 0.05,
        "y": 0.286
      },
      "kind": "paragraph",
      "text": "Thus, strengthening our balance sheet and simplifying our capital structure",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2b4ac922-4c7f-49f5-bd91-3bdeb742c182",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.057,
        "w": 0.956,
        "x": 0.023,
        "y": 0.225
      },
      "kind": "paragraph",
      "text": "And on September 12th, we redeemed the remaining 1/3 of the Series D preferred units with proceeds of ~$222 from the ~15 million units of equity we issued in August 2023",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4453f947-5773-4f00-9ec6-32abdbb7a54d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.076,
        "w": 0.956,
        "x": 0.023,
        "y": 0.13
      },
      "kind": "paragraph",
      "text": "In the past few years, we utilized cash flows, proceeds from asset sales and monetization of our corporate real estate to continue to reduce debt balances, which enabled us to repurchase about 2/3 of the Series D preferred units through July 2023",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b4d52de7-821e-426c-8187-edae650aed5c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.013,
        "w": 0.238,
        "x": 0.01,
        "y": 0.96
      },
      "kind": "source-note",
      "text": "1 – Balances as of September 30, 2023",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a90e2a1b-32ee-49a2-960c-938e7136368e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Before-After-Bridge",
      "slug": "before-after-bridge",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "ae6f7495-5647-446d-aebc-6a7eff433785",
      "evidence": "The slide discusses actions taken to strengthen the balance sheet and simplify the capital structure, implying a before-after narrative.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}