ONEOK, Inc.

Good day and welcome to the One Oak third quarter 2024 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 touchtone phone. And 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 Mr. Andrew Zaiola, Vice President of Investor Relations. Please go ahead, sir.

Thank you, and welcome to 1OAK's third quarter 2024 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 of expectations or predictions should be considered forward-looking statements and are covered by the safe harbor provision of the Securities Act 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 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 Holtz, Chief Financial Officer, Treasurer, and Executive Vice President, Investor Relations and Corporate Development, and Sheridan Swords, Executive Vice President, commercial liquids, and natural gas gathering and processing. Yesterday, we announced the third quarter 2024 earnings and provided new consolidated guidance that includes contributions from NLINC and the pending medallion acquisition. We also increased our full year 2024 financial guidance on the standalone basis for the second time this year. Our higher guidance expectations highlight One Oak's ability to continue to deliver on synergy opportunities while also maintaining a strong fee-based earnings across our systems. Our standalone 2024 adjusted EBITDA guidance, which excludes contributions from NLINK and Medallion, is well over double One Oak's adjusted EBITDA just five years ago. This extraordinary growth has been possible because of our employees' focus on excellence, service, and innovation, our strategic assets, and our intentional and disciplined approach to organic growth and acquisitions. It has been more than a year since we completed the acquisition of Magellan, and we continue to identify synergy opportunities related to the transaction, exceeding our original expectations. In mid-October, we completed our acquisition of the controlling entity in midstream, and today, I am able to announce the expiration of the Hart-Scott-Rodino Act waiting period related to the medallion acquisition. We look forward to finalizing that acquisition in the coming days. The NLINK and medallion acquisitions continue to build off the complimentary assets of One Oak, providing significant growth potential by establishing a fully integrated Permian Basin platform at scale that will drive new service offerings for our customers, expanding and extending One Oaks footprint in the mid-continent in North Texas, providing a new asset position in Louisiana connected with the key demand centers, providing significant synergies through connections of complementary asset positions, and finally delivering immediate accretion in supporting our capital allocation strategy. These acquisitions mark another exciting milestone in our company's history, building on our proven track record of shareholder value creation. There's much to look forward to with these latest announcements, but there's a lot of momentum in One Oak's current businesses. I'll turn it over to Walt and Sheridan to discuss our latest guidance, increases, and give a commercial update. Walt? Thank you, Pierce.