I'm not an income investor. However, more than one-third of the stocks that I own pay dividends. There are also plenty of other dividend stocks that I like. It isn't difficult to identify my favorite dividend stock.
The energy sector has been one of the few bright spots in the market this year. Stocks in that sector are up by more than 30% on average compared to a double-digit percentage decline for the S&P 500.
To kick off today's call, we will provide an update on the business and some of our recent growth initiatives. After my remarks, Ruth Kent, our chief operating officer, will give an update on our development activities, and then Wyatt will provide an overview of our operating results and balance sheet and liquidity. The trends driving the energy transition continue to accelerate, driven by the focus on net zero ambitions, low cost energy and energy security.