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Analyst Coverage

Firm	Analyst
Barclays Capital	Theresa Chen
JPMorgan	Jeremy Tonet
Mizuho Securities	Gabriel Moreen
Raymond James	Justin Jenkins
Stifel Nicolaus & Company	Selman Akyol
U.S. Capital Advisors	James Carreker
Wells Fargo Securities	Michael Blum

NuStar Energy L.P. is followed by the analysts listed. Please note that any opinions, estimates or forecasts regarding NuStar Energy L.P.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of NuStar Energy L.P. or its management. NuStar Energy L.P. does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.