ONEOK
Q3 2022 Earnings Call
Nov 02, 2022, 11:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, and welcome to the ONEOK's third quarter 2022 earnings conference call and webcast. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Andrew Ziola, vice president of investor relations. Please go ahead.
Andrew Ziola -- Vice President, Investor Relations and Corporate Affairs
Thank you, Betsy, and welcome to ONEOK's third quarter 2022 earnings call. We issued our earnings release and presentation after the markets closed yesterday, and those materials are on our website. After our prepared remarks, management will be available to take your questions. Statements made during this call that might include ONEOK's expectations or predictions should be considered forward-looking statements and are covered by the safe harbor provision of the Securities Acts of 1933 and 1934.
Actual results could differ materially from those projected in forward-looking statements. For a discussion of factors that could cause actual results to differ, please refer to our SEC filings. [Operator instructions] With that, I'll turn the call over to Pierce Norton, president and chief executive officer. Pierce?
Pierce Norton -- President and Chief Executive Officer
Thanks, Andrew. Good morning, everyone, and thank you for joining us on our call this morning. We appreciate your interest and investment in our company. On the call today is Walt Hulse, the chief financial officer and executive vice president, investor relations, and corporate development; and Kevin Burdick, executive vice president and chief commercial officer.
Also available to answer your questions are Sheridan Swords, our senior vice president of natural gas liquids and natural gas gathering and processing; and Chuck Kelley, our senior vice president of natural gas pipelines. Yesterday, we announced strong third quarter 2022 earnings, affirmed our 2022 financial guidance midpoints, and provided our 2023 growth outlook to exceed $4 billion of adjusted EBITDA. Our third quarter results demonstrate the resiliency of our strategic and integrated assets in some of the most highly productive U.S. shale basins, and our employees who are dedicated -- have dedicated themselves to the safety and reliability, and sustainability of our operations.
Looking forward, we expect continued strength in producer activity and increased volumes and higher earnings from our fee-based services in all of our business segments in a favorable commodity price and increasing demand backdrop. So with that, I will turn the call over to Walt for a discussion of our financial performance and the expectations and our insurance update. So Walt?