Chesapeake Utilities Corporation (NYSE:CPK) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET

Company Participants

Alex Whitelam - Head, IR

Jeff Householder - President, CEO

Beth Cooper - EVP, CFO, Treasurer & Assistant Corporate Secretary

Jim Moriarty - EVP, General Counsel, Corporate Secretary & Chief Policy and Risk Officer

Conference Call Participants

Brian Russo - Sidoti

Tate Sullivan - Maxim Group

Operator

Welcome to the Chesapeake Utilities First Quarter 2023 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation. [Operator Instructions]

I would now like to turn the call over to Alex Whitelam, Head of Investor Relations.

Alex Whitelam

Thank you, and good morning, everyone. We appreciate you joining today for Chesapeake Utilities' first quarter earnings call. As you saw in our press release issued yesterday, the Company delivered solid performance in the quarter despite extraordinarily warmer temperatures across our operating footprint. Chesapeake Utilities continues to execute on its growth strategy and is committed to driving long-term increased shareholder value.

As shown on Slide 2, participating with me on the call today are Jeff Householder, Chairman of the Board, President and Chief Executive Officer; Beth Cooper, Executive Vice President, Chief Financial Officer, Treasurer and Assistant Corporate Secretary; and Jim Moriarty, Executive Vice President, General Counsel, Corporate Secretary and Chief Policy and Risk Officer. We also have other members of our management team joining us virtually.

Today's presentation can be accessed on our website under the Investors Page and Events and Presentation subsection. After our prepared remarks, we will open the call up for questions.

Moving to Slide 3. I would like to remind you that matters discussed in this conference call may include forward-looking statements that involve risks and uncertainties. Forward-looking statements and projections could differ materially from our actual results. The Safe Harbor for forward-looking statements section of the Company's 2022 Form 10-K provides further information on the factors that could cause such statements to differ from our actual results. Additionally, the Company evaluates its performance based on non-GAAP adjusted gross margin and has provided the appropriate disclosure in accordance with the SEC's Regulation G. A reconciliation of GAAP gross margin to non-GAAP adjusted gross margin is provided in the appendix of this presentation and in our earnings release.

Now I'll turn the call over to Jeff to provide some opening remarks on the Company's first quarter results, including the key drivers of our continued growth. Jeff?