Tidewater Midstream and Infrastructure Ltd.

Good afternoon and morning, ladies and gentlemen. Welcome to Tidewater Midstream Q3 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for an operator. Also note that this call is being recorded on Thursday, November 10, 2022. And I would like to turn the conference over to Scott Bowman. Director of Capital Markets. Please go ahead, sir.

Thank you, and welcome everyone to Tidewater Midstream's third quarter results conference call. I'm Scott Bowman, Director of Capital Markets, and on the call with me today is Joel McLeod, Tidewater's Chairman and CEO, Brian Newmarsh, Chief Financial Officer, and Doug Beamer, Tidewater's VP of Corporate Finance. Before passing the call off to Joel to review some highlights, I just want to quickly remind you that some of the comments made today may be forward-looking in nature and are based on Tidewater's current expectations, estimates, judgments, and present projections. Forward-looking statements we may express or imply today are subject to risk and uncertainties which can cause actual results to differ from expectations. Further, some of the information provided refers to non-GAAP measures. To know more about these forward-looking statements and non-GAAP measures, please see the company's various financial reports, which are available at tidewatermidstream.com and on CDAR. And with that, I'll pass it off to Joel McLeod to discuss some highlights from the quarter.

Good afternoon to those of you out east, and good morning to those of us here in the west. And thank you for joining our Q3 2022 conference call. We are pleased to have delivered another strong quarter where we delivered 62 million of consolidated adjusted EBITDA in Q3 2022. This represents 17 increase in adjusted EBITDA year over year. Business continues to perform well. We expect a strong Q4 and have increased our 2022 guidance as a result. We have increased our guidance for 2022 from 230 to 245 million of adjusted EBITDA to 235 to 255 million of consolidated adjusted EBITDA. and do expect the strong performance to continue into and through 2023.