Antero Midstream Corp (NYSE:AM) Q1 2022 Earnings Conference Call April 28, 2022 12:00 PM ET

Company Participants

Justin Agnew - Finance Director

Paul Rady - President, Chairman & CEO

Brendan Krueger - CFO, VP, Finance & Treasurer

Conference Call Participants

John Mackay - Goldman Sachs Group

Michael Cusimano - Pickering Energy Partners Insights

Operator

Greetings, and welcome to Antero Midstream's Q1 2022 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Justin Agnew, Director of Finance.

Justin Agnew

Good morning, and thank you for joining us for Antero Midstream's First Quarter Investor Conference Call. We'll spend a few minutes going through the financial and operating highlights, and then we'll open it up for Q&A. I would also like to direct you to the homepage of our website at www.anteromidstream.com, where we have provided a separate earnings call presentation that will be reviewed during today's call.

Before we start our comments, I would first like to remind you that during this call, Antero management will make forward-looking statements. Such statements are based on our current judgments regarding factors that will impact the future performance of Antero Resources and Antero Midstream and are subject to a number of risks and uncertainties, many of which are beyond Antero's control. Actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements.

Today's call may also contain certain non-GAAP financial measures. Please refer to our earnings press release for important disclosures regarding such measures, including reconciliations to the most comparable GAAP financial measures.

Joining me on the call today are Paul Rady, Chairman and CEO of Antero Resources and Antero Midstream; Brendan Krueger, CFO of Antero Midstream; and Michael Kennedy, CFO of Antero Resources and Director of Antero Midstream.

With that, I'll turn the call over to Paul.

Paul Rady

Thanks, Justin. In my comments today, I will discuss AM's unique position in the LNG value chain, also our derisked business model and our efforts to minimize the impacts of inflation and tight supply chains. Brendan will then discuss the highlights from our first quarter earnings and our long-term outlook.

I'll start my comments on Slide #3 titled The Critical First Link to LNG Supply. This slide illustrates AM's unique position in the increasingly important LNG value chain. Given the recent geopolitical events, it is clear that there will be a significant call on safe and reliable natural gas and LNG from the U.S. AM's custom-built, irreplaceable and integrated gathering and processing infrastructure is the critical first step in transporting natural gas to LNG facilities.