NuStar Energy L.P. Reports 25% Increase in Net Income

Proxy Advisory Firms Recommend Approval of NuStar Energy and NuStar GP Holdings Proposed Merger Transaction

Third Quarter 2018 Distributable Cash Flow Available to Common
Limited Partners Increases 32%

Pending Sale of European Assets to Accelerate Improvement of Debt
Metrics

2018 Permian Crude System Exit Rate Remains on Pace for 360,000 to
380,000 Barrels Per Day

Long-Term Agreement with Trafigura to Transport WTI on NuStar’s South
Texas Crude System to NuStar’s Corpus Christi North Beach Export
Terminal for Storage and Dock Services

SAN ANTONIO–(BUSINESS WIRE)–Nov. 5, 2018–
NuStar Energy L.P. (NYSE: NS) today announced net income
of $48 million for the third quarter of 2018, up 25% from $3…

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