Civitas Resources, Inc. (NYSE:CIVI) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET

Company Participants

Chris Doyle – President & Chief Executive Officer

Marianella Foschi – Chief Financial Officer

Matt Owens – Chief Operating Officer

Brian Cane – Chief Sustainability Officer

Ben Dell – Chairman

John Wren – Investor Relations

Conference Call Participants

Neal Dingmann – Truist Securities

Michael Scialla – Stifel

Noel Parks – Tuohy Brothers

Nicholas Pope – Seaport Research

Bill Dezellem – Tieton Capital Golf Management

Operator

Thank you for standing by. My name is Cheryl and I will be your conference operator today. At this time. I would like to welcome everyone to the Civitas Resources First Quarter 2022, earnings call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. If you would like to ask a question during this time, [Operator Instructions] Thank you. John Wren, you may begin your conference.

John Wren

Thank you, operator. Good morning and welcome to Civitas ' First Quarter 2022 Earnings Conference Call I'm joined today by Ben Dell, Chairman. Chris Doyle, President and CEO, Marianella Foschi, CFO. Matt Owens, COO, and Brian Cane, Chief Sustainability Officer. Yesterday we issued our earnings press release, filed our 10-Q and posted a new Investor Presentation, which is available on the Investor Relations section of our website. Please be aware that on today's call, we may make forward-looking statements.

These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from projections. Please read our full disclosures regarding forward-looking statements in our 10-K and other SEC filings on today's call, we may also refer to certain non-GAAP financial metrics, reconciliations to certain non-GAAP metrics can be found in our earnings release and SEC filings. I'll now turn the call over to Ben Dell.

Ben Dell

Thanks, John. And good morning, everyone. I'd like to start out the call today by introducing our new CEO, Chris Doyle. Chris has over 25 years of domestic and international experience in the E&P and midstream businesses, having set the foundation for his career by spending over two decades at Chevron, Anadarko. Chris has a strong track record of leading diversified teams and platforms across the E&P and midstream businesses is experience judgment, perspective in leadership qualities, will be instrumental as we continue to thoughtfully grow the Civitas plant, with a clear objective of becoming a national leader among our peers, while advancing the principles of the new E&P business model.