NuStar Energy L.P. (NS) Q4 2011 Earnings Conference Call January 27, 2012 10:00 ET Executives Chris Russell – Investor Relations Curt Anastasio – President and Chief Executive Officer Steve Blank – Chief Financial Officer Analysts Brian Zarahn – Barclays Capital Paul Jacobs – Raymond James Kathleen King – Bank of America/Merrill Lynch Michael Blum – Wells Fargo Selman Akyol – Stifel Nicolaus PresentationOperator
Good morning. My name is (David) and I will be your conference operator today. At this time, I would like to welcome everyone to the NuStar Energy L.P. and NuStar GP Holdings LLC Fourth Quarter 2011 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. I would now like to turn the call over to Mr. Chris Russell. Sir, you may begin your conference. Chris Russell – Investor Relations Thank you, David. Good morning, everyone and welcome to our conference call to discuss NuStar Energy L.P. and NuStar GP Holdings LLC’s fourth quarter 2011 earnings results. With me today is Curt Anastasio, President and CEO of NuStar Energy L.P. and NuStar GP Holdings LLC; Steve Blank, our CFO; and other members of our management team. Before we get started, we would like to remind you that during the course of this call, NuStar management will make statements about our current views concerning the future performance of NuStar that are forward-looking statements. These statements are subject to the various uncertainties and assumptions described in our filings with the Securities and Exchange Commission and will not be updated to confirm the actual results or revised expectations.