DBA Sempra

Good day and welcome to the separate second quarter earnings call. Today's conference is being recorded. At this time, I would like to turn the conference over to Glenn Donovan. Please go ahead.

Good morning, everyone. Welcome to SEMPRA's second quarter 2022 earnings call. A live webcast of this teleconference and slide presentation is available on our website under the investor section. We have several members of our management team with us today, including Jeff Martin, Chairman and Chief Executive Officer, Trevor Mihalik, Executive Vice President and Chief Financial Officer, Kevin Segara, Executive Vice President and Group President, Justin Bird, Chief Executive Officer of Semper Infrastructure, Alan Nye, Chief Executive of Encore, Peter Wall, Senior Vice President, Controller, and Chief Accounting Officer, and other members of our senior management team. Before starting, I'd like to remind everyone that we'll be discussing forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in any forward-looking statement we make today. The factors that could cause our actual results to differ materially are discussed in the company's most recent 10 and 10 filed with the SEC. Earnings per share amounts in our presentation are shown on a diluted basis, and we'll be discussing certain non-GAAP financial measures. Please refer to the presentation slides that accompany this call for reconciliation to GAAP measures. We also encourage you to review our 10Q for the quarter ended June 30th, 2022. I'd also like to mention that the forward-looking statements contained in this presentation speak only of today, August 4th, 2022, And it's important to note that the company does not assume any obligation to update or revise any of these forward-looking statements in the future. With that, please turn to slide four and let me hand the call over to Jeff.

Thank you, Glenn, and thank you all for joining us today. Earlier this morning, we reported second quarter 2022 adjusted earnings per share of $1.98, and year-to-date 2022 adjusted earnings per share of $4.90. Based on the strength of these results, we're now guiding to the high end of our full year 2022 adjusted EPS guidance range, and we're also affirming our full year 2023 EPS guidance range. Next, let me offer some perspectives on how we think about the future. At SEMPRA, we've worked hard to simplify our business model to improve safety and operations, and with the benefit of more disciplined capital allocation, to also improve our financial performance. Today, we have built three large-scale growth platforms operating in some of the largest energy markets in North America. Within these platforms, we have an exciting opportunity set. Here's a quick summary. At Sempra California, we're making capital investments to continue improving safety, reliability, and sustainability. Each are key components of our recent GRC filings. At Sempra Texas, we couldn't be more excited about the work Encore is doing to support strong economic and demographic growth and the continued integration of clean and renewable resources. At Semper Infrastructure, there are significant growth drivers across all three business lines, LNG and net zero solutions, clean power, and energy networks. In the first half of this year, the United States became the number one global exporter of LNG. And by the end of the decade, we expect the United States will extend its significant leadership advantage in this area. In combination, these investment opportunities support our record $36 billion capital plan for 2022 through 2026, as well as our continued confidence in our projected 6% to 8% annual average long-term EPS growth rate, which we announced earlier this year. Please turn to the next slide while I turn the call over to Trevor to provide several business updates.