ONEOK
Q2 2022 Earnings Call
Aug 09, 2022, 11:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, and welcome to the second quarter 2022 ONEOK Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Andrew Ziola, vice president, investor relations.
Please go ahead, sir.
Andrew Ziola -- Vice President, Investor Relations and Corporate Affairs
Thank you, Nash, and welcome to ONEOK's second 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 today. We appreciate your interest and investment in our company. On today's call is Walt Hulse, 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 second quarter 2022 earnings, provided an update on the Medford incident and affirmed our 2022 financial guidance expectations. As we sit today, we still expect to achieve the midpoints of our 2022 net income and adjusted EBITDA guidance, which Walt will provide additional details shortly. Our second quarter financials were achieved despite unseasonable weather in the Rocky Mountain region during the quarter.
Two separate April weather events caused widespread outages and power, disrupting midstream and producer operations across the region. Our employees were well-prepared and quickly responded to the challenge. They remain focused on the safe operation of our assets and the safety of the communities where we operate. And they work with local agencies, customers, utility providers to resume normal operations as quickly as possible.