Equitrans Midstream Corporation Common Stock

Thank you for standing by and welcome to the Equitrans midstream Q4 and full year 2020 earnings call. At this time, all participants are in a listen only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star one on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star zero. Thank you. I would now like to hand the conference over to Nate Tetlow. Vice President, Corporate Development and Investor Relations. Mr. Tetlow, please go ahead.

Good morning and welcome to the year-end 2020 earnings call for Equitrans Midstream Corporation. A replay of this call will be available for 14 days beginning this evening. The phone number for the replay is 800-585-8367 or 416-621- 4642. The conference ID is 4233629. Today's call may contain forward-looking statements related to future events and expectations. Please refer to today's news release and risk factors in ETRN's Form 10-K for the year ended December 31, 2019 and is updated by Form 10-Q's for factors that could cause the actual results to differ materially from these forward-looking statements. Also, the Form 10-K for the year ended December 31st, 2020 is expected to be filed with the SEC later today. Today's call may contain certain non-GAAP financial measures. Please refer to this morning's news release and our investor presentation for important disclosures regarding such measures, including reconciliations to the most comparable GAAP financial measure. On the call today are Tom Caron, Chairman and CEO, Diana Sharletta, President and Chief Operating Officer, Kirk Oliver, Senior Vice President and Chief Financial Officer, Justin Mackin, Senior Vice President, Gas Systems Planning and Engineering, and Brian Petrandria, Vice President and Chief Accounting Officer. After the prepared remarks, we will open the call to questions. And with that, I'll turn it over to Tom.

Thanks, Nate, and good morning. We hope everyone is continuing to stay safe and healthy. Today, we reported full year net income of $638 million and adjusted EBITDA of $1.2 billion. Kirk will provide more details on the financials in a few minutes. 2020 was an unprecedented year as we all navigated the pandemic. E-Train acted quickly to implement COVID-19 protocols, all while achieving a number of very significant accomplishments. We executed a new 15-year gas gathering agreement with EQT establishing the foundation for long-term stable cash flows and enhanced capital efficiency. We simplified our structure by rolling EQM into ETRM. We advanced our ESG efforts, which included publishing our first comprehensive sustainability report and also recently establishing our climate policy. We strengthened our liquidity and balance sheet through a $1.6 billion long-term bond offer. We made slow but certain progress with MVP. And lastly, our operations teams didn't miss a beat during a very challenging environment, continuing to deliver results, all while maintaining the highest safety standards. I'll now turn it over to Diana for the operations updates. And then Kirk will provide financial update, and I'll come back for some closing remarks before we open the call to your questions. Diana?