Crescent Point Energy Corp. (NYSE:CPG) Q2 2023 Earnings Conference Call July 26, 2023 12:00 PM ET

Company Participants

Craig Bryksa - President and Chief Executive Officer

Ken Lamont - Chief Financial Officer

Ryan Gritzfeldt - Chief Operating Officer

Shant Madian - Vice President of Capital Markets

Conference Call Participants

Dennis Fong - CIBC World Markets

Travis Wood - National Bank Financial

Operator

Good morning, ladies and gentlemen. My name is Julie, and I will be operator for Crescent Point Energy's Second Quarter 2023 Conference Call. This conference call is being recorded today, and will be webcast along with the slide deck, which can be found on Crescent Point's Web site home page. The webcast may not be recorded or rebroadcast without the express consent of Crescent Point Energy.

All amounts discussed today are in Canadian dollars with the exception of West Texas Intermediate or WTI pricing, which is quoted in U.S. dollars. The complete financial statements and management's discussions and analysis for the period ending June 30, 2023, were announced this morning and are available on the Crescent Point, SEDAR, and EDGAR Web site.

All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be question-and-answer session for members of the investment community. [Operator Instructions]

During the call, management may make projections or other forward-looking statements regarding future events or future financial performance. Actual performance, events or results may differ materially. Additional information or factors that could affect Crescent Point's operations or financial results are included in Crescent Point's most recent annual information form, which may be accessed through the Crescent Point, SEDAR or EDGAR Web sites, or by contacting Crescent Point Energy. Management also calls your attention to the forward-looking information and non-GAAP measures sections of the press release issued earlier today.

I will now turn the call over to Craig Bryksa, President and Chief Executive Officer at Crescent Point. Please go ahead, Mr. Bryksa.

Craig Bryksa

Thank you, Operator. I'd like to welcome everyone to our second quarter 2023 conference call. With me today are Ken Lamont, our Chief Financial Officer; and Ryan Gritzfeldt, our Chief Operating Officer. As the operator highlighted, this conference call is being webcast along with the slide deck, which can be found on our Web site.

Today we are introducing a new format to our conference call to add a level of further engagement and to turn the call into more of a discussion on our forward outlook. Earlier today we issued our quarterly press release, financial results, and updated corporate presentation, each of which can found on our Web site. During this call, I'll provide a brief strategy update, highlight our strong quarterly results, and discuss our overall outlook for the remainder of the year. We will then move into a Q&A session. We will start by taking questions over the conference line, as we usually do. And once those questions have concluded, I'll then turn the call over to Shant Madian, our Vice President of Capital Markets, who will moderate questions from participants joining us on our webcast. We encourage those in our webcast to submit questions using the chat function on the online portal. We look forward to the discussion that this format will provide. So, let's get started.