Kinetik Holdings, Inc. (NYSE:KNTK) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET
Company Participants
Maddie Wagner - Director, IR
Jamie Welch - CEO, CFO, President & Director
Matthew Wall - EVP & COO
Trevor Howard - VP, Finance
Chris Kendrick - VP, Commercial
Conference Call Participants
Michael Cusimano - Pickering Energy Partners
Jacqueline Koletas - Goldman Sachs Group
Spiro Dounis - Citigroup
Robert Mosca - Mizuho Securities
Operator
Hello, everyone, and welcome to the Kinetik Fourth Quarter 2022 Results. My name is Nadia, and I'll be coordinating the call today. [Operator Instructions]. I will now hand over to your host, Maddie Wagner, Director of Investor Relations to begin. Maddie, please go ahead.
Maddie Wagner
Thank you. Good morning, and welcome to Kinetik's Fourth Quarter 2022 Earnings Conference Call. Here with me is our President and Chief Executive Officer, Jamie Welch, as well as Matt Wall, our Chief Operating Officer; Steve Stellato, our Chief Accounting and Administrative Officer; Todd Carpenter, our General Counsel; Trevor Howard, our Vice President of Finance; and Chris Kendrick and Tyler Milam, our Vice Presidents of Commercial.
The press release we issued yesterday, the slide presentation and access to the webcast for today's call are available at www.kinetik.com. Before we begin, I would like to remind all listeners that our remarks, including the question-and-answer section will provide forward-looking statements, and actual results could differ from what is described in these statements.
These statements are not guarantees of future performance and involve a number of risks and assumptions. We may also provide certain performance measures that do not conform to U.S. GAAP. We've provided schedules that reconcile these non-GAAP measures as part of our earnings press release. And after our prepared remarks, we will open the call to Q&A. With that, I will turn the call over to Jamie.
Jamie Welch
Thank you, Maddie. Good morning, everyone, and thank you for joining us today. We reported our full year 2022 results yesterday afternoon as well as issued our 2023 guidance. Last week, marked the 1-year anniversary of the merger, forming Kinetik and our team has done a tremendous job. So thank you to our employees for going above and beyond this past year.
They have successfully integrated both assets and people following the merger, all while operating in a safe and reliable manner. And as always, I would like to thank you, our investors, for your continued support. Yesterday, we reported full year pro forma 2022 adjusted EBITDA of $822.2 million, which was within our revised guidance range provided in August and notably above our initial guidance from last February.