ONEOK, Inc.

Good day and welcome to the OneOak first quarter 2023 earnings conference call and webcast. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. Please note, this event is being recorded. I would now like to turn the conference over to Andrew Ziola, VP of Investor Relations. Please go ahead.

Thank you, Chad, and welcome to OneOak's first quarter 2023 earnings call. We issued our earnings release and presentation after the markets closed yesterday, and those materials are on our website. After our prepared remarks, management will be available to take your questions. Statements made during this call that might include One Oaks 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 for Q&A, we ask that you limit yourself to one question and one quick 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.

Thanks, Andrew. Good morning, everyone, and thank you for joining us. On today's call is Walt Hulse, our Chief Financial Officer and Executive Vice President, Investor Relations and Corporate Development. and Kevin Burdick, the Executive Vice President and Chief Commercial Officer. Also available to answer your questions are Sheridan Swords, Senior Vice President, Natural Gas Liquids and Natural Gas Gathering and Processing, and Chuck Kelly, Senior Vice President, Natural Gas Pipelines. Yesterday, we announced first quarter 2023 earnings and affirmed our full year 2023 financial guidance. Strong first quarter results were supported by continued earnings growth in each of our businesses, with higher natural gas processed and natural gas liquids volumes providing a solid start to the year. Producer activity continues to drive new volume to our assets, and recent conversations with customers point to additional activity through the remainder of the year. Fruit prices well above break-even economics in the basins, where we operate in continued strong demand for US energy support, a constructive outlook for 2023. We provide midstream services to some of the largest, most well-capitalized producers in the US, helping contribute to our history of earning stability and growth despite commodity prices. We continue to evaluate infrastructure and the needs of these customers so that we can provide added capacity or services aligned with their growth. The successful completion of our DEMEX Lake III natural gas processing plant and MB5 fractionator projects provide additional system capacity and resiliency and are examples of our continued focus on organic growth aligned with our customers' needs. We remain financially well positioned with significant balance sheet strength and flexibility to support continued growth. Our capital allocation priorities remain consistent, with One Oak's unique ability to identify and execute on high return organic growth opportunities setting us apart. With that, I'll turn the call over to Walt for a discussion of our financial performance.