Williams Companies, Inc. (The)

Good day, everyone, and welcome to the Williams Second Quarter 2020 Earnings Conference Call. Today's conference is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to Mr. Brett Craig, Head of Investor Relations. Please go ahead.

Thanks, Lindsay. Good morning, everyone. Thank you for joining us and for your interest in the Williams Companies. Yesterday afternoon, we released our earnings press release and the presentation that our President and CEO, Alan Armstrong, and our Chief Financial Officer, John Chandler, will speak to this morning. Also joining us on the call today are Michael Dunn, our Chief Operating Officer, Lane Wilson, our General Counsel, and Chad Zamarin, our Senior Vice President of Corporate Strategic Development. In our presentation materials, you will find a disclaimer related to forward-looking statements. This disclaimer is important and integral to our remarks, and you should review it. Also included in our presentation materials are non-GAAP measures that we reconciled to generally accepted accounting principles, and these reconciliation schedules appear at the back of today's presentation materials.

So with that, I'll turn it over to Alan Armstrong. Great. Thanks, Brett, and thank you all for joining us today. We're proud to share the results of a strong second quarter. It really is a testament to the stability and predictability of our businesses. As John will share in more detail, Williams exceeded its internal plans and also expectations by the street and showed just how durable this business can be against a number of headwinds, including shut-ins in the deepwater Gulf of Mexico for a variety of reasons, including a COVID breakout on one of the larger platforms that serves us, Tropical Storm Cristobal, and a variety of price-related shut-ins that expanded beyond the Gulf of Mexico to places like the Eagleford and the condensate production in the Marcellus. So lots of headwinds for the quarter, but really the variety that we have and the durability of our business really shone through. It's not been an easy environment for most companies to navigate, and a lot of people are likely asking you to look past this quarter and focus on the remainder of the year. But for Williams, it is quite the contrary. We want to focus on this quarter's performance because Q2 was a real opportunity for us to demonstrate the stability of our business and the long-term benefits of a strategy that has been built on the sound fundamentals of low-cost, clean natural gas. So let me turn it over to John to walk through our results, and then I'll share some thoughts on the overall natural gas market and compare Williams volumes up against the broader market stat. And then I'll hit on some of the key investor topics before we get to Q&A. So, John. Thanks, Alan.