Baytex Energy Corporation (BTEGF) Q3 2022 Earnings Conference Call November 4, 2022 11:00 AM ET

Company Participants

Brian Ector - VP, Capital Markets

Edward LaFehr - President, CEO & Director

Rodney Gray - EVP & CFO

Eric Greager - Incoming President & CEO

Chad Lundberg - Chief Operating & Sustainability Officer

Conference Call Participants

Patrick O'Rourke - ATB Capital Markets

Menno Hulshof - TD Securities

Dennis Fong - CIBC

Operator

Thank you for standing by. This is the conference operator. Welcome to the Baytex Energy Third Quarter 2022 Financial Results and Operating Results Conference Call. [Operator Instructions]. I would now like to turn the conference over to Brian Ector, Vice President, Capital Markets. Please go ahead.

Brian Ector

Thank you, Gaylene. Good morning, ladies and gentlemen, and thank you for joining us to discuss our third quarter 2022 financial and operating results.

Today's call is somewhat unique in that we are saying goodbye to Ed LaFehr, who has led our organization for the past 6 years, and we are welcoming Eric Greager as our new President and Chief Executive Officer. We will hear from both Ed and Eric today. And we are also joined by Rod Gray, Executive VP and Chief Financial Officer; and Chad Lundberg, our Chief Operating and Sustainability Officer.

While listening, please keep in mind that some of our remarks will contain forward-looking statements within the meaning of applicable securities laws. I refer you to the advisories regarding forward-looking statements, oil and gas information and non-GAAP financial and capital management measures in yesterday's press release. All dollar amounts referenced in our remarks are in Canadian dollars unless otherwise specified.

And with that, I would now like to turn the call over to Ed.

Edward LaFehr

Thanks, Brian, and good morning, everyone. I'd like to welcome everybody to our third quarter 2022 conference call. And at the same time, I'm truly excited to welcome Eric to Baytex. Throughout his career, Eric has been focused on organic development and engaging and inspiring organizations to create value, key traits that I know will fit in well here. I will remain with Baytex in an advisory capacity until the end of January, at which point, my retirement will officially begin.

Today is certainly a bittersweet moment for me. When I joined Baytex 6 years ago, I remember stating on my first quarterly earnings call how impressed I was with the Baytex team and how committed and focused they were on driving value. This was a strong team with high-quality assets that I knew could build a great future. 6 years and 24 conference calls later, the team and the portfolio are stronger than ever before. I am enormously proud of the entire Baytex team and our accomplishments.