ONEOK, Inc.

and welcome to the fourth quarter 2021 One Oak earnings call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Andrew Ziola, Vice President of Investor Relations and Corporate Affairs. Please go ahead, sir.

Thank you, Jennifer, and welcome everyone to One Oak's fourth quarter and year-end 2021 earnings call. We issued our earnings release and presentation that includes 2022 guidance after the markets closed yesterday and and those materials are on our website. After our prepared remarks, we'll be available to take your questions. Statements made during this call that might include one-off expectations or predictions should be considered forward-looking statements and are covered by the Safe Harbor Provision of the Securities Acts of 1933 and 1934. Actual results could differ materially from those projected in forward-looking statements. For a discussion of factors that could cause actual results to differ, please refer to our SEC filings. Just a reminder, before we turn it over to the conference coordinator for Q&A, we ask you that you limit yourself to one question and one follow-up in order to fit in as many of you as we can. With that, I'll turn the call over to Pierce Norton, President and Chief Executive Officer. Pierce?

Thanks, Andrew, and good morning, everyone. We appreciate your interest and investment in One Oak. Thank you for taking the time to join us. We've got a lot to cover today. With me on the call today is Walt Hulse, Chief Financial Officer and Executive Vice President, Strategy and Corporate Affairs, and Kevin Burdick, Executive Vice President, Chief Operating Officer. Also available to answer your questions are Sheridan Swords, Senior Vice President, Natural Gas Liquids, and Chuck Kelly, Senior Vice President of Natural Gas. Yesterday, we announced strong fourth quarter and full year 2021 performance. recording our eighth consecutive year of adjusted EBITDA growth. That equates to a 13% annual growth rate during that eight-year period, highlighting the stable and resilient earnings power of our assets despite various economic and commodity cycles. In 2021, during a year of continued economic recovery and lingering pandemic-related challenges, We grew adjusted EBITDA 24% compared with 2020, continued to strengthen our balance sheet, and achieved record natural gas and NGO volumes on our Rocky Mountain region assets. 2021 provided other milestones as well, including our announcement of a greenhouse gas emissions reduction target, receiving an upgraded AA ESG rating from MSCI, and once again receiving a perfect score in the latest Human Rights Campaign Corporate Equality Index. These are only a few of the many great things we're doing as a company to ensure 1-Up remains a great workplace, community partner, and service provider. With yesterday's earnings announcement, we also provided 2022 financial and volume guidance expectations. We expect increasing producer activity and improving market demand to drive strong volume and earnings growth across our operations. As we said before, we are well positioned financially and operationally in 2022 and for many years to come. Before I hand the call over to the team for more details on 2022, I'd like to reiterate what makes OneOak so uniquely well positioned for the long term. First, our extensive and integrated assets, which are located in some of the most productive U.S. shale basins. Our customers are well capitalized with decades of proven reserves, and many have announced plans to sustain and grow production levels in 2022. In the Williston Basin in particular, steady crude oil production still means NGL and natural gas growth for One Oak due to rising gas-to-oil ratios. Second, our dedication to safe, reliable, and environmentally responsible operations. Our commitment to safety and the environment is a core value for One Oak. It's critical for us to be safe and reliable service provider, and we strive to be a good partner in the areas where we operate. Our ESG-related performance is a source of pride for One Oak, and we're committed to continuing to make progress. Third, our strong balance sheet and investment-grade credit ratings, which provide significant financial flexibility. We've reduced our leverage to below four times and continue to drive that lower, providing optionality for the future cash flows and investor returns. Fourth, our built-in operating leverage and proven track record of disciplined and intentional growth. After completing more than $5 billion of capital growth projects prior to the pandemic, our systems have significant capacity to grow alongside the needs of our customers. And because of our large infrastructure projects are complete, we now have opportunities for short cycle, bolt-on type projects and attractive returns. Fifth, the resilient and increasing demand for natural gas and NGLs. We deliver energy products and services that are vital to an advancing world. and we believe these resources will play an important role in the energy transformation. And finally, the depth and experience of this management team, who have a proven track record and extensive experience. This team has been through commodity cycles, adapted business models, and adopted significant changes in technology and innovation over the years. This team continues to grow our core business and advance our company forward. It is because of these factors and the segment-specific drivers the team will discuss in a moment that I have such confidence and excitement for One Oaks' future. With that, I'll turn the call over to Walt for discussion of our financial performance.