Oasis Petroleum, Inc. (OAS) Q1 2022 Earnings Conference Call May 5, 2022 11:00 AM ET

Company Participants

Michael Lou - Chief Financial Officer and Executive Vice President

Daniel Brown - Chief Executive Officer

Taylor Reid - President and Chief Operating Officer

Conference Call Participants

Derrick Whitfield - Stifel Financial Corp

Jordan Levy - Truist Securities

Noel Parks - Tuohy Brothers

Operator

Good day and welcome to the Oasis Petroleum First Quarter Earnings Results Conference Call. All participants will be in a listen-only mode. [Operator instructions] Please note this event is being recorded. I would now like to turn the conference over to Michael Lou, Chief Financial Officer. Please go ahead sir.

Michael Lou

Thank you, Matt. Good morning, everyone. Today we are reporting our first quarter 2022 financial and operational results. We're delighted to have you on our call. I'm joined today by Danny Brown, and Taylor Reid, as well as members of the team. Please be advised that our remarks including the answers to your questions include statements that we believe to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those currently disclosed in our earnings releases and conference calls.

Those risks include, among others, matters that we have described in our earnings releases as well as in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. We disclaim any obligation to update these forward-looking statements. During this conference call, we will make reference to non-GAAP measures and reconciliations to the applicable GAAP measures can be found in our earnings releases and on our website. We may also reference our current investor presentation, which you can also find on our website. With that, I'll turn the call over to Danny.

Daniel Brown

Good morning, everyone, and thanks for joining our call. Today we'll discuss our first quarter 2022 operating and financial results and give an update on our pending merger with Whiting Petroleum. But first I'd like to take a moment to address and acknowledge our employees and also those of Whiting for their hard work and dedication. I've had the opportunity to visit with many of you over the course of the past two months and had been impressed across the board. We've got two strong organizations with talented people that will be stronger together. All the employees for both companies should be proud of your organization and accomplishments which made this merger possible.