Thank you for standing by. My name is Dee, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2025 Summit Midstream Corporation earnings conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press Star, followed by the number one on your telephone keypad. If you would like to withdraw your question, press Star one again. Thank you. I would now like to turn the call over to Randall Burton. Please go ahead. Thanks, Operator, and good morning, everyone. If you don't already have a copy of our earnings release, please visit our website at www.summitmidstream.com, where you'll find it on the homepage, Events and Presentations section, or Quarterly Results section. With me today to discuss our First Quarter of 2025 financial and operating results is Heath Deneke, our President, Chief Executive Officer and Chairman; Bill Mault, our Chief Financial Officer, along with other members of our Senior Management Team. Before we start, I'd like to remind you that our discussion today may contain forward-looking statements. These statements may include, but are not limited to, our estimates of future volumes, operating expenses, and capital expenditures. They may also include statements concerning anticipated cash flow, liquidity, business strategy, and other plans and objectives for future operations. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can provide no assurance that such expectations will prove to be correct. Please see Summit Midstream Corporation's annual report on Form 10-K for the fiscal year ended December 31, 2024, which the company filed with the SEC on March 11, 2025, as well as our other SEC filings for a listing of factors that could cause actual results to differ materially from expected results. Please also note that on this call we use the terms EBITDA, adjusted EBITDA, distributable cash flow, and free cash flow. These are non-GAAP financial measures, and we have provided reconciliations to the most directly comparable GAAP measures in our most recent earnings release. With that, I'll turn the call over to Heath. Thanks, Randall, and good morning, everyone. Thank you for joining us today to discuss our financial and operating results for the first quarter of 2025. We had an active first quarter, both from a corporate and operational perspective, and we remain on track to continue to execute on our strategic objectives for the remainder of the year. Combined with the various strategic activities we implemented in 2024, Summit is positioned with a strong balance sheet to remain resilient despite the latest macro down cycle, while opportunistic on the M&A front. In January, we raised $250 million of additional senior-secured second-line notes, the proceeds of which were used to repay revolver borrowings and position the company with over $350 million of liquidity. In March, the Board of Directors reinstated the cash dividend on the Series A preferred stock, which is the first step as we continue to work towards reinstatement of a common dividend in the future. Also, in March, we closed on the accretive acquisition of Moonrise Midstream, which further expands our DJ Basin footprint while providing additional operating synergies and capacity to help meet future growth in the basin over the years to come. Operationally, we connected 41 wells during the first quarter, which was in line with expectations, and we continue to have an active customer base with six active drilling rigs and over 100 drilled but uncompleted wells currently behind our system. Now, obviously, there has been a significant reduction in crude oil prices since we released guidance in 2025 back in early March, and that does have some potential to dampen activity levels in the second half of the year in our crude-oriented Rocky segment. However, the outlook on the natural gas side remains strong, which, from an overall Summit portfolio perspective, has the potential to mitigate the potential downside exposure associated with the crude segment for the year. In the Rocky segment, we connected 30 new wells to the system during the first quarter, including 22 in the DJ and 8 in the Williston, and to date, substantially all of the wells scheduled to come online in the first half of the year have already been turned in line or are in the process of being completed. Additionally, we commissioned a significant optimization project in March that is expected to improve our adjusted EBITDA margins beginning in the second quarter. Looking at the second half of the year for the Rocky segment, we currently have four rigs running behind our systems, and with the exception of one pad on the schedule that is expected to be completed in December, all of the remaining wells are expected to be turned in line during the second half of the year. They are They are either drilled but uncompleted wells or are currently in the process of being drilled. As you would expect, we remain in very close communication with our customer base to evaluate the potential implications of the current crude price environment on well completion activities and turn-in-line dates during the second half of the year. While there have been some relatively minor revisions to date, and there is potential for slippage if prices were to weaken further towards the low $50s, our customers expect second half of 2025 completion schedules to largely remain intact at this time. Just as a reminder, as we said in the earnings release, our Rocky segment adjusted EBITDA guidance for the year is $100 million-$125 million, with the low end of the range already reflecting a two to three-month delay relative to current customer drilling and completion schedules that have been provided for the second half of the year. In the Midcon segment, we turned in line 11 wells during the quarter, including five in the Barnett and six in the Arkoma, and subsequent to quarter-end, we turned in line an additional six wells in the Barnett and three in the Arkoma. While the wells in the Arkoma did have lower than expected BTU and NGL content, the initial production rates outperformed our internal expectations, which led to significant volume growth relative to the fourth quarter. We continue to remain very excited about the Midcon segment as natural gas strip prices remain favorable, and we have significant dedicated inventory remaining as demand is expected to grow in the coming years in the Gulf Coast region. Finally, in the Permian segment, we continue to see gas volumes increase on the WE pipeline, with average daily volumes growing by 8% quarter over quarter. As of this week, we're actually averaging close to $700 million a day at throughput on the system. Even with the recent softening in crude prices, we still anticipate a tremendous amount of growth in residue gas in the Delaware Basin over the next five years. Given that most of the existing in-basin pipeline takeaway capacity is approaching full utilization, we remain very optimistic in our ability to further commercialize WE in the years ahead. Given the activity levels we are seeing today behind our footprint and real-time feedback from our customers, we are at this time reiterating our full year 2025 financial guidance range of $245 million-$280 million in adjusted EBITDA and total capital expenditures of $65 million-$75 million. As we stated in the earnings release, to the extent all of the remaining wells anticipated to come online during the second half of the year in the Rockies segments are deferred, we would expect to trend towards the lower end of our existing guidance range. As always, we will continue to monitor activity levels behind our footprint, and we will provide updates throughout the year as they become available. With that, I'll hand it over to Bill to provide additional details on our financial results. Thanks, Heath, and good morning, everyone. Summit reported first quarter adjusted EBITDA of $57.5 million and capital expenditures of $20.6 million, with the majority of the CapEx spend in the Rockies and Midcon segments associated with pad connections and the previously announced optimization project in the Rockies. With respect to SMC's balance sheet, we have net debt of approximately $959 million and our available borrowing capacity at the end of the first quarter totaled approximately $354 million, which included $1 million of undrawn letters of credit. Now moving on to the segments. The Rockies segment, which is inclusive of our DJ and Williston basin systems, generated adjusted EBITDA of $24.9 million, an increase of $1.6 million from the fourth quarter, primarily due to an 8.8% increase in liquids volume throughput, higher freshwater sales, and the acquisition of Moonrise Midstream in the DJ Basin on March 10, 2025. This was partially offset by a 1.5% decrease in natural gas volume throughput. Liquids volumes averaged 74,000 barrels per day, an increase of 6,000 barrels per day relative to the fourth quarter, primarily due to 17 new wells connected to the system late in the fourth quarter of 2024, eight new wells connected to the system during the quarter, and a partial month contribution from Moonrise Midstream. Natural gas volumes averaged 129 million cubic feet per day, a decrease of 2 million cubic feet per day relative to the fourth quarter, primarily due to natural production declines from wells brought online during the second half of 2024 to hunt our DJ Basin system, partially offset by 22 new wells connected during the quarter and partial month contribution of Moonrise Midstream. The Rockies segment currently has four rigs running behind the systems, including three in the Williston and one in the DJ and more than 90 docks. The Permian Basin segment, which includes our 70% interest in the WE pipeline, reported adjusted EBITDA of $8.3 million, an increase of $500,000 relative to the fourth quarter, due primarily to higher volume throughput on the pipe. Volume throughput on WE averaged 664 million cubic feet per day during the first quarter. The Piceance segment reported adjusted EBITDA of $11.8 million, flat relative to the fourth quarter, due primarily to lower operating expenses, partially offset by a 4% decrease in volume throughput. The Midcon segment reported adjusted EBITDA of $22.5 million, an increase of $9.6 million relative to the fourth quarter, primarily due to the acquisition of Tall Oak that closed in December 2024 and an increase in volume throughput. Volume throughput on the system increased 48% relative to the fourth quarter, primarily due to incremental volume throughput from a full quarter contribution of the Tall Oak assets, 11 new well connections, incremental production from a new customer connected to the Arkoma system, a full quarter contribution of production that was previously shut in in the Barnett, all of which was partially offset by initial production declines from wells connected in the second half of 2024. There are currently two rigs running, including one in the Barnett and one in the Arkoma, and 16 docks behind the system. Additionally, a customer in the Barnett has recently completed and started flowing a three-well pad that was drilled and held in dock inventory since 2023. This same customer continues to run a completion crew on another existing dock behind the system. With that, I'll turn the call back over to Heath for closing remarks. Thank you, Bill. In conclusion, Summit is well positioned with a strong balance sheet and active customer base to navigate the current market environment and capitalize on growth opportunities. We will continue to focus on executing our strategic initiatives, maintaining financial discipline, and delivering value to our shareholders. We thank you for your continued support and confidence in Summit, and I look forward to updating you on our progress in the coming quarters ahead. With that, Operator, I'd like to open up the call for questions. Thank you. We will now begin the question and answer session. If you have a doubt and would like to ask a question, please press star one on your telephone keypad to raise your hand and join the queue. If you would like to withdraw your question, simply press star one again. If you are called upon to ask your question or are listening via loudspeaker on your device, please pick up your handset and ensure that your phone is not on mute when you're asking questions.