ONEOK, Inc.

Good day and welcome to the One Oak third quarter 2023 earnings conference call and webcast. All participants will be in 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, today's event is being recorded. I would now like to turn the conference over to Andrew Zaiola, Vice President, Investor Relations. Please go ahead, sir.

Thank you, Rocco, and welcome to OneOaks' third 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 OneOaks' 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 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 a 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. Good morning, everyone, and thank you for joining us. On today's call is Walt Hulse, the Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development, and Sheridan Soares, Executive Vice President, Commercial Liquids and Natural Gas Gathering and Processing, which includes our commercial responsibility for our NGL business, refined products, and crude businesses. Also available to answer your questions are Chuck Kelly, Senior Vice President, Commercial of Natural Gas Pipelines, and Kevin Burdick, who has assumed the newly created position of Executive Vice President, Chief Enterprise Services Officer with responsibilities for cybersecurity, information technology, enterprise optimization, innovation, and integration activities. This position will be vital as we continue to integrate systems, technologies, and workforces following the acquisition of Magellan. Kevin is uniquely qualified for his experience in integration processes, information technology, commercial, and corporate operations to lead the company as we continue to identify, prioritize, and realize the value of the synergies as one company. We completed the acquisition just over a month ago, and since then, we've been fully focused on integration activities, maintaining the reliable and responsible operations our customers and stakeholders expect from us, and at the same time, exploring optimization and integrated opportunities by engaging the combined commercial, operational, and engineering teams. What has become evident at this point based on the number of commercial synergies and opportunities is the importance of prioritization. The value of combining our companies, the potential commercial synergies and the opportunities going forward are significant. More to come on this in the coming months. But after September 25th and gaining full access to both companies, I can say that the collaboration of our employees is already presenting additional possibilities. One Oaks increased scale, scope, and diversified operations are already enabling us to create exceptional value for our stakeholders. We've added primarily fee-based earnings and expect a significant free cash flow through the new refined products and crude businesses and expected tax synergies, which combined with the One Oaks legacy operations is setting up a strong finish to 2023 and a solid foundation for 2024 performance. Yesterday we announced third quarter 2023 earnings and increased our full year 2023 financial guidance on a pre-acquisition basis for the second time this year. We also provided new consolidated guidance that includes the impact of the Magellan acquisition. Walt will provide more detail in our guidance a little bit later, which is underscored by our strong volumes across our systems. and favorable market conditions continuing to drive confidence in our expectations. We saw double-digit growth in NGL and natural gas processing volumes in the third quarter and continued to see robust producer activity across our operations with North Dakota natural gas production reaching a new all-time high in August. The industry landscape is healthy, and now with a more diversified portfolio of assets, we are even better positioned to make the most of opportunities across our operations. So with that, I'll turn the call over to Walt for the financial performance and a guidance update. Thank you, Pierce.