CorEnergy Infrastructure Trust, Inc.

Hello and welcome to Core Energy's conference call to discuss the fourth quarter 2022 results. At this time, all participants have been placed on listen-only mode. The floor will be open for questions and comments following the presentation. If you wish to ask a question, please press star 1 on your phone to enter the question queue at any time. I would now like to turn the call over to Matt Kreps, Investor Relations for Core Energy. Please go ahead.

Thank you, Paul, and thank you, everyone, for joining today's Core Energy Infrastructure Trust conference call. With me today are Dave Schulte, CEO and Chairman, Robert Waldron, President and CFO, and Chris Huffman, Chief Accounting Officer. Dave, Robert, and Chris will provide updates on our business operations and results, and all three will be available for Q&A. I'd also like to introduce Jeff Tiefen, our Vice President of Finance, who is joining the call today. JT has been an integral part of Core Energy for many years and will be taking over the investor relations role as Debbie, Hagan, and I exit our roles with the company. It has been a pleasure to meet many of you and to be a part of an amazing team. Earlier this morning, we published a press release announcing the fourth quarter results for 2022. We expect to follow Form 10-K at a later date. I would like to remind everyone that the statements made during the course of this presentation that are not purely historical may be forward-looking statements and subject to the safe harbor protection available under applicable securities laws. Important factors that could cause actual results to differ materially from those in the forward-looking statements are discussed in our findings with the SEC. These documents are available on the investor relations section of our website. We do not update our forward-looking statements. During this call, we will make reference to certain non-GAAP metrics, which are reconciled in our filings as part of our results reporting. We encourage all of you to review our complete disclosures, risk factors, GAAP numbers, and those non-GAAP metrics with the related reconciliations. And with that, I would now like to turn the call over to Dave Schulte. Please go ahead.

Thanks, Matt, and good morning, everyone. It's been an eventful couple of months and a period of change for Core Energy. We will discuss the challenges we're facing and our responses, including streamlining our executive team. I want to begin by introducing Robert Waldron as the new president of Core Energy. In this role, Robert will oversee both the Crimson and MoGas organizations, as well as take on increased responsibility over the day-to-day operations. Robert will continue to serve as CFO for the near term. He has a long, diverse career in the energy sector with experience as an engineer, a finance professional, and a business executive. Robert joined Crimson in 2014 as CFO and has been active in all facets of the business since that time. His knowledge of our California pipeline operations has been a valuable asset to me and I believe to our investors as we have navigated uncertain times over the past two years. When Core Energy acquired Crimson, it was an easy decision to offer Robert the Core Energy CFO role, and I believe the company and shareholders would benefit greatly from his expanding influence as president. I would also like to introduce Chris Huffman, our chief accounting officer, who will present the financial report today as we expand and enhance his leadership role at Core Energy. Chris has been an integral part of our senior leadership team since 2021. Prior to that, he served 10 years as chief accounting officer at a private E&P company and began his career at PWC. The company is fortunate to have such a knowledgeable accountant and a strong leader. I'm excited for both of these colleagues as they expand their influence at Core Energy. I'll now turn over the call to Robert, who will spend a couple of minutes updating you on our operations, and then Chris will provide the financial comments and outlook. Robert?