Centennial Resource Development, Inc. (CDEV) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET

Company Participants

Sean Smith - CEO

George Glyphis - EVP & CFO

Matthew Garrison - EVP & COO

Hays Mabry - Senior Director, Investor Relations

Conference Call Participants

Scott Hanold - RBC Capital Markets

John Annis - Stifel Financial Corp.

Danny Pelton - Truist Securities

Operator

Good morning and welcome to the Centennial Resource Development's Conference Call to discuss its Second Quarter 2022 earnings. Today's call is being recorded. A replay of the call will be accessible until August 11, 2022 by dialing 877-344-7529 and entering the replay access code 4165341 or by visiting Centennial's website at www.cdevinc.com. At this time, I will turn the call over to Hays Mabry, Centennial's Senior Director of Investor Relations, for some opening remarks. Please, go ahead, sir.

Hays Mabry

Thanks, Chris. And thank you all for joining us on the company's second quarter earnings call. Presenting on the call today are Sean Smith, our Chief Executive Officer; George Glyphis, our Chief Financial Officer; and Matt Garrison, our Chief Operating Officer. Yesterday, August 3, we filed a Form 8-K with an earnings release reporting second quarter earnings, 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 homepage or under presentations at www.cdevinc.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 some plans.

Many of these risks are beyond our control and are discussed in more detail in the risk factors in forward-looking statements sections of our filings with the SEC, including our quarterly report on Form 10-Q for the quarter ended June 30, 2022, which is expected to be filed with the SEC later on 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.

With that, I will turn the call over to Sean Smith, our CEO.