{
  "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": 31,
  "pageCount": 35,
  "prevPage": 30,
  "nextPage": 32,
  "slideType": "revenue_buildup",
  "function": "decompose_segments",
  "density": "dense",
  "nDataPoints": 28,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de517-a89d-737c-8f2d-549b27f3b9ba/31",
  "deckHref": "/decks/019de517-a89d-737c-8f2d-549b27f3b9ba",
  "deckJsonHref": "/decks/019de517-a89d-737c-8f2d-549b27f3b9ba.json",
  "deckAnchorHref": "/decks/019de517-a89d-737c-8f2d-549b27f3b9ba#slide-31",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.86,
        "x": 0.11,
        "y": 0.13
      },
      "kind": "paragraph",
      "text": "The following is a reconciliation of net income to EBITDA, DCF and distribution coverage ratio (in thousands of dollars, except ratio data).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "927fbbf5-3100-4c1c-9650-fd2d869b10fd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.93,
        "x": 0.05,
        "y": 0.69
      },
      "kind": "source-note",
      "text": "(a) 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.\n(b) Distribution coverage ratio is calculated by dividing DCF by distributions applicable to common limited partners.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "69d6f3cd-ee10-4a55-8a1b-462a5ee9b300",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.87,
        "x": 0.11,
        "y": 0.18
      },
      "kind": "table",
      "text": "Three Months Ended September 30,\n2023\n2022\nNet income\n$ 51,195\n$ 59,633\nInterest expense, net\n63,125\n52,294\nIncome tax expense\n1,134\n1,430\nDepreciation and amortization expense\n64,295\n65,075\nEBITDA\n$ 179,749\n$ 178,432\nInterest expense, net\n(63,125)\n(52,294)\nReliability capital expenditures\n(9,756)\n(11,252)\nIncome tax expense\n(1,134)\n(1,430)\nLong-term incentive equity awards (a)\n3,691\n2,534\nPreferred unit distributions\n(26,535)\n(32,463)\nPremium on redemption of Series D Cumulative Convertible Preferred Units\n(71,438)\n—\nOther items\n9,870\n9,958\nDCF\n$ 21,322\n$ 93,485\nDistributions applicable to common limited partners\n$ 50,358\n$ 44,125\nDistribution coverage ratio (b)\n0.42x\n2.12x",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a3c5da62-ec06-4db9-8157-c96da5b7e29a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}