for today. joining you Thank morning. Good all us
to report results have lot positive full about of We the our strong a financial fourth XXXX. today news for year and quarter
the MLP paradigm the those taken NuStar I'll turn how review presented sector. during in strong, Before changed and and results, This meet we last to minutes structure, to a what that achieve Strong growth. would take time in with MLP access in coverage some context reposition to capital low build stable comprehensive distribution achievements us results to our our Tom recognize of A continue achieved NuStar or the it leverage, on steps to our the place order few the asset to we our for shift take and need over landscape. our the as corporate base, while provide strength MLP Distribution eliminating necessary the I minimizing for X. our have to for Rights hallmarks at of provide positioned simplifying what to markets. had details and year to X. Incentive you XXXX plan superior refer need And to those equity XXXX the to we some on same time IDRs we
we projected Over of employees times later, with the Number finished the single are, the Number our a to NuStar was achieve In now Number And coverage sheet for no achieved low not you self-help and here to we've before XXXX, XXXX three-year us equity we've corporate past we healthy would. single, X.XX Thanks allowed told with to Thanks economic X.XX range in this course leverage. capital took of XXXX. execute simplified we base, to in of for U.K. plan of which set the X.X filed the two, our simplification on work anticipate a of publicly solid and our asset we transaction, the XXXX Company year. deleveraging our we European we debt-to-EBITDA to first impact target a to to transaction, combined our we you implemented strong minimal of needed ratio our the balance to improved. in we opportunities times we times, due ensure we and part, the access lowered year one has of as when our organic X.X coverage. designed the Form-SX told Last our do to on year, our measures and Number goals IDRs. simplification are hard structure Because one, we divestiture times. performance needs. assets, cover. successful our NuStar. step-by-step equity March, markets needing with we growth executed our strong as traded March, governance. ratio a plan Last finish the plan three, four, we'd conditions all
brighter have own metrics return than for with and the have projections provide anticipated required beginning And future stability our Our NuStar in than surpassed the growth to history. now more of stable growth. at opportunities looks projects time the produce strong truly any XXXX. our of higher financial We even we organic
and on or the the opportunities Inside high continue by and inside NuStar I the we solve capital basin the into call, from continue through Crude last projects future. the cycles, grown more shale than dislocations with the midstream for Permian-driven number price Permian U.S. planned. As to That's to strength, for not speed Permian expected situated is dominant beyond. crude be benefit is our basin to has the the expand as any Permian low and a mentioned play, surprising, from in our shale emanating and far play logistical of opportunities to Basin's MLPs consistency to U.S. far itself other most Basin. attractive uniquely System is production
a efficient is top underlying we the attracted we've quality the also system because country of in dedications. our some quality our because highest the in And you drill set the portion rock acreage great the The calls, told this Crude and acreage pipeline system, System As of effective superiority to of in some not of past acquired Permian. it's that geological drillers basin. of the in only most the has to but
acquired Given Basin is that outpace Since whole. by volumes what done. the any these XXXX, from far And which measure. that's exactly system this growth acquired the of in would by it's acreage the Permian system Basin our have Permian the production dedicated advantages, impressive a as XX%, we May with confidence increased we key
Numbers like which these speak Permian jaw-dropping. However, increased is period, our during by the same System for have throughputs themselves. Crude XXX%,
months, our Texas and we reaping also In System system we ripple the minimum day recent are export to system's of barrels currently We're Basin pipelines throughput our averaging from seen been So our the South in and in Northeast of with Texas, to Eagle per world volumes the are But the system. From outlook. to outside for in WTI the commitments barrels Corpus James. rewards growth Basin's effects say our Crude production significantly by St. which XXX,XXX facilities Ford has per suffice day, the arriving truck. we've class on South very Permian Permian Christi performance production our happy volume from above volumes our Texas basin. benefiting seeing XXX,XXX
Wichita Permian pipeline crude further - the access to additional the accommodate our and afield crudes, to from for in bringing to from Permian produce may Louisiana, month, we call, WTI, Wichita Gulf to all which terminal barrels export train as oil many the WCS expanding and we our St. customers for at on also Coast growth. outlay. we Sunrise throughput trains XX our promising ripple customer most Sunrise facilities last restarted Pipeline James our our per And expect Falls you The healthy among our offloading additional our are in commitments many told unit return expansion for the NuStar Bakken of expansion a a five barrels. effects, be Falls. capital crude connection Permian related and Among We Colorado increase small brought project relatively little for to a City
capacity to Over barrels. pipeline total Permian be of growth. barrels addition service, to crude the of take capacity million approximately months the the outlet Ford. volumes the is crude if are pointed uniquely of bringing Don't the into course in advantage Port port XX X.X the proved Corpus Corpus to about Permian positioned prediction additional will existing so, Christi Number in X.X from of the at pipeline crude or placed these next million And export of United the the long-haul capacity to Christi be the correct, forget States. is from this propelling Eagle to NuStar X Permian
our with our characterized on Oakville of to last On we we from to construct existing or we eight-mile, XX-inch additional We barrels as II tidal barrels. new long-term this Pipeline connection And are our to XXX,XXX outbound our Cactus to announced related expect to Corpus we And to pipeline underway the projects on are call well pipeline a from Those terminal. pipeline the Trafigura service soon a as And our XX-inch with and Corpus schedule. interconnect the Texas new some North with infrastructure. providing initially Christi as oncoming wave signed three Beach WTI on Christi, Texas export Taft, transport begin near export summer. South contracts storage to of barrels to as terminal Trafigura connect a had terminal, and have storage. XX-inch in projects support life System as have poised docks benefit what world-class
and continuing oil VLCC connect crude the with including with export discussions the also Permian to exploring Texas At to facilities our working to our the that system existing our Corpus to projects connections has need connecting ensure are from other terminal time, provide in future, Corpus Christi. the South to the customers may we pipeline services loading proposed same optionality our Christi are We terminal projects long-haul capability.
Beyond we James shale St. from to pressure as Corpus at of well. export Christi, plays expect also our benefits facility see
of our And Our services and with along expansion. for critical St. to connectivity take looking advantage opportunities. facility facility export promising evolving prepared regional ensure optionality to offers is room James with are we
We crude quarter, to completion there. export Bakken bring receiving connection as through demand James. our Permian are the as to increasing the Bayou we for connection volumes second begin which to will of we storage St. early and and that of expect services near offer Bridge, And barrels
the Bakken Kaplan St. of addition regional heavy to reversal -- use volumes as proposed of the export. In would in Canadian for refineries proposed for reversals as bring of well and large addition, James in crudes to
than East contribution of market products and Bluffs and progressing have legacy outside Mexico. has announced with turn contracts the generate our on platform our strong our our for on, synergies by Permian's projects base the is Central part accomplishing Moving these to of of us great Council customers, we increased reach, Energy. refined well large nearly blending. reach. year and facilitate in XXXX Valero enhanced the our are on Howard EBITDA backed improvements are extended we we expanded last which in creditworthy acquisition successful These of T&D also Last several of in long-term XXXX. helped to optimization One what capacity combination System. our Northern asset system in including Thanks positive and export year, the more our are example butane XX% updates we've The
premium a investing biofuels region return projects of high other we Coast rates. to assets through biofuel we in emerging storage which low-cost, for discussed in commands in number our West been calls, meet over prior the As have have demand storage a
U. noncore in Europe sell about business. K., $XXX low capital at times projects that While the illustration Trafigura, assets our multiple proceeds X project for a Coast total excess which times. to and year investment the our can deliver these multiple The projects core around we grow for for next the decided for multiple multiple, offer great service back this we that the of in sold assets $XX only these is million, very about We of into these well West biofuel XX projects we expect so EBITDA projects a that redeploy those all November. and why for projects go Mexico Northern to targeted of million
our full of Now to details and XXXX it quarter the fourth to I'll turn strong over year Tom results. provide
