RGC Resources Inc.

Good morning, everybody. I am Tommy Oliver, Senior Vice President of Regulatory and External Affairs for RGC Resources, Inc. I want to thank you for joining us as we discuss RGC Resources' 2023 second quarter results. But before we get started, let's review a few administrative items. We have muted all lines and ask that all participants remain muted. At the conclusion of the presentation and our remarks, we will take questions. Lastly, the link to today's presentation is available on the investor and financial information page on our website at www.rgcresources.com. So turning to slide one, this presentation contains forecasts and projections. So slide one is the forward-looking statement disclaimer. Slide two contains our agenda. We will review our quarterly operational and financial results and discuss the outlook for the remainder of fiscal 2023 with time allotted for questions at the end. I would like to introduce Paul Nestor, President and CEO of RGC Resources.

Paul? Thank you, Tommy. Good morning and thank you to everyone for joining us and I would also like to thank Kelsey Davenport, our Director of Finance, and Jason Field, our CFO, for putting today's presentation together we're on slide three and you know we're off to a good start in the first half of physical 2023 particularly in our operations and customer service area I would like to mention you know our run of gas utility in particular has two main goals first goal of course is safety and that's customer safety employee safety public safety And then secondly, customer service. We are here to serve the customer as a public service corporation in the state of Virginia. I would also like to add, I know we've talked about this on previous calls, and the chart indicates this with our 336 new services and our 2.7 miles of main extension. We continue to see individual and commercial interest from natural gas. As you know, there are a lot of headlines, particularly recently, with what's going on in New York State about natural gas bans. That is contrary to our experience on a day-to-day basis, and we are proud to continue fulfilling that demand with affordable, reliable natural gas. Our customer count is right in line with where we expect it to be. Of course, the chart shows a little aberration from 2022. You may recall we had the pandemic-related service disconnection moratoriums in 2020 and 2021, and we're now returning and resuming to normal activities in terms of our collection processes, but the customer count is exactly where we expect it to be. Our main extensions are settling back into more historical norms. You may recall in 2021 and 2022, we had two outstanding years of main miles. This year should be tampered down a little bit from those years, but again, more in line with pre-pandemic norms. I will now hand it back over to Tommy so he can update us on our new RNG facility. Tommy? Thank you, Paul.

Let's move to slide four. As we discussed on last quarter's earnings call, in January we did receive commission approval of the project and cost recovery through a new rider, Rider RNG. We began billing the rider in March. Construction also concluded in March of this year, at which time we put the project in service. The project was completed on time and largely within budget. While we have spent some time since commercial operation fine-tuning and syncing the RNG facility with the Water Authority's equipment, the RNG facility is operating as designed, and we're very pleased with it. I will now introduce Jason Field, our CFO and treasurer. Jason will review the quarterly and year-to-date financial results. Jason.