Operator

Good afternoon, ladies and gentlemen, and welcome to Tidewater Midstream and Infrastructure and Tidewater Renewables First Quarter 2026 Financial Results Conference Call. [Operator Instructions]

I would now like to turn the conference call over to Ian Quartly, CFO. Please go ahead.

Ian Quartly
Chief Financial Officer

Thank you, Jenny, and welcome, everyone, to the joint conference call for the first quarter 2026 results of both Tidewater Midstream and Infrastructure Limited and Tidewater Renewables Limited. Joining me today is our CEO, Jeremy Baines, who will provide an update on our operational performance, regulatory tailwinds and favorable market conditions we have seen to start the year.

I will follow with the financial results and details on the increased 2026 adjusted EBITDA guidance, and then we'll open the line for your questions.

This morning, both Tidewater Midstream and Tidewater Renewables reported results for the first quarter ended March 31, 2026. A copy of the news release, financial statements and MD&As may be accessed on SEDAR+ or on their respective company websites.

Before we get started, I'd like to note that today's call is being recorded for the benefit of individual shareholders, the media and other interested parties who may want to review the call at a later time. The recorded call will be available through Cision.

Some of the comments made today may be forward-looking in nature and are based on Tidewater's current expectations, judgments and projections. Forward-looking statements we express today are subject to risks and uncertainties, which may cause actual