TXNM Energy, Inc.

Good day, and welcome to the TXNM Energy third quarter 2024 conference call. 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 this event is being recorded. I would now like to turn the conference over to Lisa Goodman of Investor Relations. Please go ahead.

Thank you, Wyatt, and thank you, everyone, for joining us this morning for the TXNM Energy Third Quarter 2024 Earnings Call. Please note that the presentation for this conference call and other supporting documents are available on our website at txnmenergy.com. Joining me today are TXNM Energy Chairman and CEO, Pat Vincent Kalan, President and Chief Operating Officer, Don Perry, and Senior Vice President and Chief Financial Officer, Lisa Eden. Before I turn the call over to Pat, I need to remind you that some of the information provided this morning should be considered forward-looking statements pursuant to the Private Securities Litigation Reform Act of 1995. We caution you that all of the forward-looking statements are based upon current expectations and estimates, and that TXNM Energy assumes no obligation to update this information. For a detailed discussion of factors affecting TXNM Energy results, please refer to our current and future annual reports on Form 10-K, quarterly reports on Form 10-Q, as well as reports on Form 8-K filed with the SEC. With that, I will turn the call over to Pat.

Thank you, Lisa. Good morning, everyone, and thank you for joining us for the Halloween edition of our quarterly earnings call, also known as the third quarter call. We had a great Halloween doing the Monster Mash, and we snagged all of the Reese's Peanut Butter Cups from our neighbors last night, so we are all ready to treat you to our results and updates. I'll start on slide four. Ongoing earnings for the third quarter are $1.43 per share, reflecting some warmer weather and timing impacts. Based on our year-to-date results, we are narrowing our guidance range for the year to $2.70 to $2.75 per share. We continue to target 6% to 7% earnings growth through 2028. Lisa will provide more detail on the numbers and our expectations for the remainder of the year. Don will provide an update on each of our utilities and highlight the customer-focused investments in both New Mexico and Texas that allow us to build a cleaner, more resilient grid. At PNM, our recently approved grid modernization plan will give customers the data they need to have more control over their monthly energy bill. In addition, we have been awarded funding from the DOE to complement these plans with a virtual power plant project. Don will talk more about this also. This DOE award was in addition to funding from the DOE on a joint research and development project that includes New Mexico State and the National Renewable Energy Lab. It will use AI-powered technology to improve reliability and resiliency of the grid with variable renewable resources. At TNMP, our file system resiliency plan is designed to improve the response of our system to extreme weather events a direct benefit to the customers we serve. Don, I'll turn things over to you for utility updates.