Permian Resources Corp (NYSE:PR) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET

Company Participants

Hays Mabry – Senior Director-Investor Relations

Will Hickey – Co-Chief Executive Officer

George Glyphis – Chief Financial Officer

Guy Oliphint – Incoming Chief Financial Officer

James Walter – Co-Chief Executive Officer

Conference Call Participants

Derrick Whitfield – Stifel

Neal Dingmann – Truist security

Zach Parham – JPMorgan

Leo Mariani – ROTH

Operator

Good morning, and welcome to the Permian Resources Conference Call to discuss its Fourth Quarter and Full Year 2022 earnings. Today’s call is being recorded. A replay of this call will be accessed until March 9, 2023, by dialing 877-674-7070 and entering the replay access code 862610 or by visiting the company’s website at www.permianres.com.

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

Hays Mabry

Thanks, Marcella, and thank you all for joining us on the company’s fourth quarter earnings call. On the call today are Will Hickey and James Walter, our Chief Executive Officers; George Glyphis, our Chief Financial Officer; Guy Oliphint, our Incoming CFO; and Matt Garrison, our Chief Operating Officer.

Yesterday, February 22, we filed a Form 8-K with an earnings release reporting fourth quarter as well as operational 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 home page or under the News and Events section at permianres.com.

I would like to note that many of the comments during this earnings call are forward-looking statements that involve risks 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 forward-looking statements sections of our filings with the SEC, including our annual report on Form 10-K, which is expected to be filed with the SEC later today. Although we believe the expectations expressed are based on reasonable assumptions, they are not guarantees of future performance and actual results and 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.