Earthstone Energy, Inc. (NYSE:ESTE) Q2 2023 Earnings Conference Call August 3, 2023 2:00 PM ET

Company Participants

Clay Jeansonne - Director, Investor Relations

Robert Anderson - Chief Executive Officer & President

Steve Collins - Executive Vice President & Chief Operating Officer

Mark Lumpkin - Executive Vice President & Chief Financial Officer

Conference Call Participants

Scott Hanold - RBC Capital Markets

Neal Dingmann - Truist Securities

Subash Chandra - Benchmark Company

Charles Meade - Johnson Rice

Michael Scialla - Stephens

Noel Parks - Tuohy Brothers

Operator

Good afternoon, and welcome to the Earthstone Energy's Second Quarter 2023 Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference call is being recorded.

Joining us today from Earthstone are Robert Anderson, President and Chief Executive Officer; Mark Lumpkin, Executive Vice President and Chief Financial Officer; Steve Collins, Executive Vice President and Chief Operating Officer; and Scott Thelander, Vice President of Finance.

I'll turn the call to Clay Jeansonne, Director of Investor Relations. Thank you. You may begin.

Clay Jeansonne

Thank you, and welcome to our second quarter 2023 earnings conference call. Before we get started, I'd like to remind you that today's call will contain forward-looking statements within the meaning of federal securities law. Although management believes these statements are based on reasonable expectations, they can give no assurance that they will prove to be correct. These statements are subject to certain risks, uncertainties and assumptions as described in our annual report on Form 10-K for the year ended December 31, 2022, our quarterly report on Form 10-Q for the quarter ended June 30, 2023, and the second quarter of 2023 earnings announcement. This document can be found in the Investor Relations section of our website, www.earthstoneenergy.com. Should one or more of these risks materialize or should underlying assumptions prove incorrect, actual results may vary materially.

This conference call also includes references to certain non-GAAP financial measures. Reconciliation of these non-GAAP financial measures to the most directly comparable measure under GAAP are contained in our earnings announcement issued yesterday.

Also, please note information recorded on this call speaks only as of today, August 3, 2023. Therefore, any time-sensitive information may no longer be accurate at the time of any replay listening or transcript reading.

Today's call will begin with comments from Robert Anderson, our President and CEO, followed by remarks from Steve Collins, our COO; and Mark Lumpkin, our CFO. And then we'll have some closing comments from Robert.