$re = '/(?:Subject\:)(?:[\r\n]{2})(?<Subject>.+)/';
$str = 'Subject:
Object reference not set to an instance of an object.
Created On (UTC): 6/26/2017 3:03:03 PM';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php