Superior Plus Corp.

Good day, and thank you for standing by. Welcome to Superior Plus 2024 Second Quarter Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To participate, you will need to press star 11 on your telephone. You will then hear a message advising your hand is raised. To withdraw your questions, simply press star 11 again. Please be advised that today's conference is being recorded. Now I will pass the call over to Adam Kernick, Director of Corporate Finance and Investor Relations. Please go ahead.

Thank you, Carmen. Good morning, everyone, and welcome to Superior Plus conference call and webcast to review our 2024 second quarter results. On the call today are Alan MacDonald, President and CEO, and Greer Coulter, EVP and CFO. For this morning's call, Alan and Greer will begin with their prepared remarks and then we will open up the call for questions. Listeners are reminded that some of the comments made today may be forward-looking in nature and are based on Superior's current expectations, estimates, judgments, projections, and risks. Further, some of the information provided refers to non-GAAP measures. Please refer to Superior's continuous disclosure documents available on CDARplus and Superior's website for further details. Dollar amounts discussed on today's call are expressed in US dollars unless otherwise noted. I'll now turn the call over to Alan.

Thanks Adam. Good morning everyone and thank you for joining our second quarter results call. We made encouraging progress in our propane divisions across Canada and the U.S. this quarter. Despite the challenges brought on by unseasonably warm weather, our team successfully mitigated most of those impacts. In Canada, we achieved growth compared to Q2 2023, driven by our focus on expanding our customer base and maintaining disciplined cost and margin management. In the U.S., We countered the weather impact with a similar focus on adding new customers, managing our pricing effectively, and capitalizing on cost reduction and productivity opportunities. While Q2 is a smaller quarter, I'm pleased to see that our early stage initiatives to grow the propane business and optimize our cost base are already showing positive results. Ceteris faced some regional pricing pressure particularly in West Texas, where the oil and gas sector is a significant part of our business in the quarter. Despite this, the Soteros team maintained strong margins and delivered a 15% increase in volumes, reinforcing its market-leading position. Now, this is an emerging sector and one that's still in its infancy, and we have long anticipated some volatility as it expands. Smaller regional investors with potentially different long-term aspirations than Superior, have been aggressive in the region, impacting the quarter's results. However, we remain confident in the long-term prospects of this business. Few sectors in the energy space today generate as much excitement and interest as CNG and RNG. When we acquired Sataris, we knew that market verticals would not necessarily evolve evenly quarter over quarter. However, our acquisition of Soteris wasn't about the short term or any one quarter. It was about the long-term value and potential of this business. In just one short year, Soteris has enabled Superior to become the largest player in the over-the-road CND distribution, commanding nearly half of the industry's fleet. It's allowed us to become the biggest distributor of over-the-road renewable natural gas with over 65 MSUs dedicated to delivering RNG full-time, 24 hours a day, 365 days a year. This acquisition has positioned Superior at the forefront of the expansion of low-carbon energy solutions to new segments like power generation and backup power support. So, as I reflect on the quarter, I am very encouraged. Our efforts to operate the propane business with a new leadership team, improved effectiveness and delivering organic growth are showing meaningful results. As we move forward, we will continue driving growth and incremental profitability within the propane segment, while growing Soteris and expanding into new segments and geographies as opportunities arise, all while ensuring we continue to operate our business safely and effectively as we have in the past. So now with that, let me hand the call over to Greer to give you some comments on the quarter's financial results. Greer.