Aris Water Solutions, Inc.

Good day, ladies and gentlemen, and welcome to the Eris Water Solutions third quarter 2023 earnings conference call. Our host for today's call is David Turf, Senior Vice President of Finance and Investor Relations. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. I would now like to turn the call over to your host, Mr. Turf, the floor is yours.

Good morning and welcome to the ARIS Water Solutions third quarter 2023 earnings conference call. I am joined today by our President and CEO Amanda Brock, our Founder and Executive Chairman Bill Zartler, and our CFO Stephen Thompson. Before we begin, I'd like to remind you that in this call and the related presentation, we will make forward-looking statements regarding our current beliefs, plans and expectations which are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties and other factors that could cause actual results to differ materially from results and events contemplated by such forward-looking statements. You are cautioned not to place undue reliance on forward-looking statements. Please refer to the risk factors and other cautionary statements included in our filings made from time to time with the Securities and Exchange Commission. I would also like to point out that our investor presentation and today's conference call will contain discussion of non-GAAP financial measures, which we believe are useful in evaluating our performance. These supplemental measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with U.S. GAAP. Reconciliations to the most directly comparable GAAP measures are included in our earnings release in the appendix of today's accompanying presentation. I'll now turn the call over to our founder and executive chairman, Bill Zartler.

Thank you, David, and thanks, everyone, for joining us this morning. Eris continued its positive momentum with an excellent third quarter. Our contracted customers continue allocating capital to activity on our dedicated acreage in the northern Delaware basin, resulting in sustained water volume growth over the past several years. Our customers' substantial inventory depth and attractive economics in our area of operations support a critical multi-decade need for comprehensive water management services. We are continuing our growth alongside our customers, expanding our infrastructure to meet their needs, while also providing the industry with sustainable solutions. Harris's water volumes are up nearly 60% over the last two years, and in the third quarter of this year, we made significant progress in recapturing margins, increasing profitability, while supporting the consistent pace of development on our acreage. We continue to drive greater efficiency and return on capital in our business, and we are proud of our execution thus far in 2023. With respect to inorganic growth, we remain disciplined in our approach with a continued focus on strategic fit, accretion in both the short and long term, and maintaining a conservative balance sheet. With that, I'll turn it over to Amanda.