Chesapeake Utilities Corporation (NYSE:CPK) Q2 2022 Results Conference Call August 4, 2022 4:00 PM ET

Company Participants

Alex Whitelam - Head, IR

Jeff Householder - President and CEO

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

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

Conference Call Participants

Tate Sullivan - Maxim Group

Brian Russo - Sidoti

Operator

Greetings, and welcome to the Chesapeake Utilities Corporation 2022 Second Quarter Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, Thursday, August 4, 2022.

I would now like to turn the conference over to Alex Whitelam, Head of Investor Relations. Please go ahead.

Alex Whitelam

Thank you, Kevin. Good afternoon, everyone. We know it's late in the day, and we just appreciate everyone joining us. We're excited to present Chesapeake Utilities' results for the second quarter and first half of 2022.

As you saw in our press release issued yesterday, the company reported solid financial performance in both periods, which is a testament to our continued ability to deliver long-term sustainable growth for our stakeholders, even in the midst of this ever-changing marketplace.

As shown on Slide 2, participating with me on the call today are Jeff Householder, 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 in the Investors & Presentation subsection. After our prepared remarks, we will open the call up for questions.

Moving to Slide 3. I'd 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 2020 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 disclosures 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 in 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 financial results and the key drivers of our performance. Jeff?