Kinetik Holdings Inc. (NYSE:KNTK) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET

Company Participants

Maddie Wagner - Head of Investor Relations

Jamie Welch - President and Chief Executive Officer

Trevor Howard - Chief Financial Officer

Matt Wall - Chief Operating Officer

Kris Kindrick - Senior Vice President, Commercial

Conference Call Participants

Spiro Dounis - Citigroup Inc.

Tristan Richardson - Scotiabank

Neel Mitra - Bank of America

Keith Stanley - Wolfe Research, LLC

Jeremy Tonet - JPMorgan Chase & Co.

Olivia Halferty - Goldman Sachs

Operator

Good morning. Thank you for attending today’s Kinetik Fourth Quarter and Full Year 2023 Earnings Call. My name is Megan, and I’ll be your moderator for today’s call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]

I would now like to pass the conference over to Maddie Wagner with Kinetik. Please proceed.

Maddie Wagner

Thank you. Good morning, and welcome to Kinetik’s fourth quarter and full year 2023 earnings as well as our full year 2024 guidance conference call. Our speakers today are Jamie Welch, our President and Chief Executive Officer; and Trevor Howard, our Chief Financial Officer. Other members of our senior management team are also in attendance for this morning’s call. The press release we issued yesterday, the slide presentation and access to the webcast for today’s call are available at www.kinetik.com.

Before we begin, I would like to remind all listeners that our remarks, including the question-and-answer section will provide forward-looking statements and actual results could differ from what is described in these statements. These statements are not guarantees of future performance and involve a number of risks and assumptions. We may also provide certain performance measures that do not conform to U.S. GAAP. We provided schedules that reconcile these non-GAAP measures as part of our earnings press release. After our prepared remarks, we will open the call to Q&A.

With that, I will turn the call over to Jamie.

Jamie Welch

Thank you, Maddie. Good morning, everyone. Thank you for joining our call today. Yesterday, we reported our fourth quarter 2023 results and provided our 2024 financial guidance. We look forward to discussing both in more detail with you this morning. Looking back on this past year, it can best be characterized as a relentless focus on execution. We executed upon several highly strategic growth projects, our financial priorities and sustainability program, and more broadly speaking, our Kinetik vision.