Permian Resources Corporation (NYSE:PR) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET

Company Participants

Hays Mabry - Senior Director of Investor Relations

William Hickey - Co-Chief Executive Officer

Guy Oliphint - Executive Vice President and Chief Financial Officer

James Walter - Co-Chief Executive Officer

Conference Call Participants

Scott Hanold - RBC Capital Markets

Derrick Whitfield - Stifel, Nicolaus & Company, Incorporated.

Neal Dingmann - Truist Securities, Inc.

Oliver Huang - Tudor, Pickering, Holt & Co.

Operator

Good morning, and welcome to Permian Resources Conference Call to discuss its First Quarter 2023 Earnings. Today's call is being recorded. A replay of this call will be accessible until May 23, 2023, by dialing (877) 674-7070 and entering the replay access code 425142 or by visiting the Company's website at www.permianres.com.

At this time, I will turn the call over to Hays Mabry, Permian Resources Senior Director of Investor Relations, for some opening remarks. Please go ahead, sir.

Hays Mabry

Thanks, Anis, and thank you all for joining us on the Company's first quarter earnings call. On the call today are Will Hickey and James Walter, our Chief Executive Officers; Guy Oliphint, our Chief Financial Officer; and Matt Garrison, our Chief Operating Officer.

Yesterday, May 8, we filed a Form 8-K with an earnings release reporting first quarter results for the Company. We also posted an earnings presentation to our website that we will reference during today's call. You can find the presentation on our website homepage or under the News and Events section at www.permianres.com.

I would like to note that many of the comments during this earnings call are forward-looking statements that involve risk and uncertainties that could affect our actual results and plans. Many of these risks are beyond our control and are discussed in more detail in the risk factors and the forward-looking statements sections of our filings with the Securities and Exchange Commission, including our quarterly report on Form 10-Q for the quarter ended March 31, 2023, which is expected to be filed with the SEC later this afternoon.

Although we believe the expectations expressed are based on reasonable assumptions, they are not guarantees of future performance, and actual results or developments may differ materially. We may also refer to non-GAAP financial measures that help facilitate comparisons across periods and with our peers. For any non-GAAP measure we use, a reconciliation to the nearest corresponding GAAP measure can be found in our earnings release or presentation, which are both available on our website.