Essential Utilities, Inc. (NYSE:WTRG) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET

Company Participants

Brian Dingerdissen - Vice President, Investor Relations & Treasurer

Chris Franklin - Chairman & Chief Executive Officer

Dan Schuller - Executive Vice President & Chief Financial Officer

Conference Call Participants

Julien Dumoulin-Smith - Bank of America

Durgesh Chopra - Evercore

Gregg Orrill - UBS

Jonathan Reeder - Wells Fargo

Ryan Connors - Northcoast Research

Operator

Good day, and welcome to today's Essential Utilities Third Quarter 2023 Earnings Call. This meeting is being recorded.

At this time, I'd like to hand the call over to Brian Dingerdissen. Please go ahead sir.

Brian Dingerdissen

Thank you, Serge. Good morning, everyone, and thank you for joining us for Essential Utilities Third Quarter 2023 Earnings Call. I'm Brian Dingerdissen, Vice President of Investor Relations and Treasurer at Essential. If you did not receive a copy of the press release, you can find it by visiting the Investor Relations section of our website. The slides that we will be referencing and the webcast of this event can also be found on the site.

Here is our forward-looking statement. As a reminder some of the matters discussed on this call may include forward-looking statements that involve risks, uncertainties and other factors that may cause the actual results to be materially different from any future results expressed or implied by such forward-looking statements. Please refer to our most recent 10-Q, 10-K and other SEC filings for a description of such risks and uncertainties.

During the course of this call, reference may be made to certain non-GAAP financial measures. A reconciliation of any non-GAAP to GAAP financial measures is posted in the Investor Relations section of the company's website. We'll begin the call with Chris Franklin, our Chairman and CEO, who will provide an update on the company.

With that I will turn the call over to Chris.

Chris Franklin

Hey, thanks Brian and good morning, everyone. Thanks for joining us today. I want to start to call out by acknowledging an unfortunate event that some of you may have heard about our read about back in August. In a suburb of Pittsburgh, a home exploded, destroying and damaging multiple homes in the neighborhood. Unfortunately there were six fatalities, including one of our off-duty employees and his young son.

The Fire Marshal has indicated that based on the investigation, the incident occurred inside of the home and was not a result of an issue with the gas utility. And we continue to, of course, fully cooperate with investigators. We really need to recognize our team for their response to this tragic event, their professionalism, their expertise and especially the way they performed under extremely difficult conditions just having lost one of their colleagues that day, very difficult day for the team.